Global Vision. Local Focus.
Things really are different here. A career with HSBC in Canada is truly an experience that few financial service organisations can match.
Here you will find yourself inspired and supported by colleagues whose daily responsibilities cross time zones, continents and cultures.
You will be motivated to aim for your highest aspirations, and enjoy the rewards of belonging to a diverse and growth-driven culture.
Canada is a priority market for HSBC. We remain focused on growing customers locally with our unique products, and we offer a full suite of solutions developed from our global connectivity and network.
HSBC has the institutional strength, capacity and commitment to support our Canadian client’s requirements here and around the world.
Employees who thrive at HSBC are service focused, entrepreneurial and driven. They show collaborative spirit and a quest for continuous improvement, while having the industry expertise and business acumen to deliver.
About Retail Banking & Wealth Management
Retail Banking and Wealth Management serves millions of customers worldwide through our branch network, call centres, and digital and mobile banking.
We also connect institutional and retail clients with investment opportunities through our Global Asset Management division.
A day in the life of a / an Business Operations Governance Manager include the following :
This position will operate as the primary SME and / or business owner representing HIFC for all projects / new development initiatives both locally and globally within RBWM.
The role is accountable for supporting effective governance and oversight across all wealth products within RBWM, ensuring that appropriate disclosure requirements are adhered to, products are being offered on a fair value basis and that the effective review of products to ensure that they are fit for purpose and adhere to FIM and local regulatory requirements.
The job holder will support the oversight of risk control, policy and self-governance within the RBWM wealth product frame work across all wealth product offerings in Canada.
This would cover all three Lines of Business (HIFC, HIDC and HPWS) within Canada.
The incumbent will support across a variety of risk and regulatory compliance based activities, including but not limited to product governance, group wealth governance, conduct risk and consumer disclosure.
The jobholder will be responsible for ensuring quality of deliverables / documentation, MI, and meeting minutes and depth of discussion with the objective of driving optimal value from the governance frameworks.
The job holder will support liaison between the risk functions and the business and ensure that CVM related transformational activities are tracked and reported to business leadership.
Principle Accountabilities :
Engage and influence key senior cross functional stakeholders both in-country and Group across Business, risk, compliance, legal
Oversee of services provided by Service Delivery in support of Wealth distribution activities :
Ensure that the business management and operations support for wealth products are both effectively and efficiently managed.
This includes adherence to Group and regulatory standards, the appropriate deployment of resources, the attainment of agreed operating plan objectives.
Own and manage on-going administration of Product Governance - CVM POC, Conduct Risk and Disclosure committee’s as Secretary as well as oversee the effectiveness of wealth related NPDD process
Work with internal partners (including Wealth Risk, AMCA, Audit, Compliance, ORIC, Information Risk, etc.).
Work with Finance and Analytics to establish and communicate business requirements to support Sales Performance Management initiatives
Manage and Oversee the RCA & MSII processes for wealth, ensuring ongoing review of business operations are completed and any potential risk is identified and addressed.
Oversee the successful implementation of Regulatory and Business driven changes wealth products.
Participate in forums as assigned and review strategies / policy on behalf of RBWM, consolidating responses and providing feedback and advice.
Deliver fair outcomes for our customers and ensure own conduct maintains the orderly and transparent operation of financial markets.
Partnership with Finance and across RBWM business, working with internal and external parties
Foster an environment of teamwork, ensuring collaboration throughout the organization
Define and make business recommendations providing guidance to Wealth leadership team on strategies to improve business performance
Cultivate an environment that supports diversity and reflects the HSBC brand Provide representation or coordinate strategic projects, analysis and presentations on behalf of Wealth team
Promote an environment that supports diversity and reflects the HSBC brand.
Responsible for working with both internal and external partners (manufacturer) to identify and improve HIFC operational activity and improving overall efficiencies for the overall Wealth business
Assist in documenting and communicating the progress against plan, determining recommended actions as required by business Head
Ensures professional standards of business conduct, consistent with HSBC’s reputation
Implement group policy locally, maintain internal control standards
Ensure that all employees are aware of and effectively identify and manage applicable money laundering (ML), terrorist financing (TF), sanctions and reputational risks.
Complete other responsibilities, as assigned.
Knowledge & Experience / Qualifications :
Minimum of 5 years of experience within investment or wealth management industry experience which includes direct prior experience in a product development and or / product management environment Experience in planning and project management
Demonstrated ability to build relationships with key stakeholders
Proven ability to persuade and / or influence others in order to provide and obtain information relevant to the programs.
Excellent working knowledge of management principles and sales processes
Ability to accurately evaluate information and present recommendations based on facts
Capable to make performance projection recommendations for specific actions and or strategies
Successful project and staff management
Wide knowledge of HSBC policies, procedures, and risk management frameworks
Understand the Wealth strategy and contribute as required / assigned to accomplish this strategy
Highly developed inter-personal skills for dealing with a diverse range of senior stakeholders
Demonstrated business knowledge, such as experience leading a P&L unit
Strong managerial, strategic planning, organizational, decision-making, problem-solving, analytical, negotiation, project management, and team-building skills
Strong ability to use numerical data to develop tactical plans within the broad context of strategic plans and change them as warranted by results.
Proven ability in creating, implementing and assessing sales processes and sales support tools
Strong coaching and capability development skills an asset
Sound understanding of the customer segments, products offered and the competitive market
Proven ability to prioritize competing demands
Demonstrated ability to use MI and numerical data to develop tactical plans within the broad context of strategic plans and change them as warranted by results.
Strong command of systems and software programs (Excel, Word and PowerPoint)
In 2017, HSBC Bank Canada was named one of the Best 50 Corporate Citizens by Corporate Knights magazine, in addition to The World’s Best Bank by Euromoney Magazine in its annual Awards for Excellence.
Join HSBC, and benefit from the following :
Career Development : Within your current role, as well as Canadian and international opportunities
Company Reputation : Offering prestige, strength, and longevity
Business Growth : Underpinned by our drive, and the highest banking standards
International Connectivity and impact : Build global relationships and be a part of international initiatives
A diverse workforce : Reflecting our belief that diversity of thought, background and perspective make HSBC a stronger organization
Corporate Sustainability : We build our business for the long term by balancing social, environmental and economic considerations in the decisions we make
Learn more about HSBC
HSBC Bank Canada, a subsidiary of HSBC Holdings plc, is the leading international bank in the country. We help companies and individuals across Canada to do business and manage their finances internationally through three global business lines : Commercial Banking, Global Banking and Markets, and Retail Banking and Wealth Management.
HSBC Group - one of the world’s largest banking and financial services with assets of US$2,492bn at 30 June 2017. Linked by advanced technology, HSBC serves customers worldwide through an international network of around 3,900 offices in 67 countries and territories in Europe, Asia, North and Latin America, and the Middle East and North Africa.