HSBC Asset Management helps clients achieve their investment goals across a full spectrum of strategies including equities, fixed income, ETFs, multi-asset, liquidity and alternative investments. We are committed to responsible investment and it is fully integrated within our investment culture and process. Our geographical footprint across 26 countries and territories allows us to capture the best opportunities for clients wherever they may arise. Our local presence in each region provides us with greater insight into the markets and companies in which we invest.
People Responsibility: N
Report to: Director, Chief Risk Officer, based in Hong Kong
Principal Responsibilities
SVP, Risk Management of HSBC Asset Management in Taiwan (“AMTW”) will lead the Risk Management function in Taiwan and will work across different areas and expertise of Risk and act as the 2nd line Risk function. The main responsibilities are described as followed, but not limited to:
‧ Participate actively and support the Asset Management Risk function of AMTW to ensure that all risks within AMTW are being identified, assessed, monitored and controlled per the local regulation, HSBC Group standards and market best practices to protect the clients, employees, assets and reputation of the company and support the growth of the assets, their profitability and sustainability.
‧ Lead the local Risk Management Committee and active member in key governance forums (e.g. Executive Committee, New Business Committee)
‧ Directly support the ASP CRO and contribute to put in place the appropriate and sustainable risk oversight with the right level of engagement with the business and the investment management function in a continuous and proactive manner.
‧ Support the ASP CRO in the different strategic growth initiatives for AMTW and contribute to put in place the appropriate and sustainable risk oversight with the right level of engagement with the business in a continuous and proactive manner
‧ Engage key stakeholders of the AMTW as well as within the wider HSBC group in Taiwan
‧ Be involved in different global/regional risk initiatives and global risk transformation projects (processes and solutions) to supporting Asia Pacific CRO as well as AMG Risk
‧ Share new ideas in relation to risk processes, analysis to streamline and develop an agile risk management approach.
‧ As a product manufacturer expert, independently review and challenge as 2nd line of defence stakeholder to ensure the appropriateness of the product in relation to country distribution, client profiles and business activities to support the wealth management product development. Provide value-added support to the product development and review, RFP activities, Client Due Diligence
‧ Manage and assess the impact of Regulatory Changes on the AMTW Risk Function. This includes representing the AMTW Risk at relevant project working groups in relation to regulatory/ governance changes
‧ Contribute actively to the risk documentation and its review and work closely with the Asia Pacific CRO to ensure the implementation of the risk policies
‧ Identify emerging risk issues and initiate mitigating actions; risks include but is not limited to investment risk, counterparty credit risk, operational risk, liquidity risk, information risk, legal and regulatory risk as well as overall reputational risk to the business from any source.