Senior Manager - Capital Management and Stress Testing

If you’re looking for a career that will help you stand out, join HSBC, and fulfil your potential - whether you want a career that could take you to the top, or an exciting new direction, we offer opportunities, support and rewards that will take you further.

We’re one of the largest banking and financial services organisations in the world, with a network that covers more than 50 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people fulfil their hopes and realise their ambitions.

We are currently seeking an individual to join the team as Senior Manager Capital Management and Stress Testing reporting into the Head of Stress Testing.

This role offers a broad range of responsibilities and the opportunity to make a meaningful contribution to key stress testing deliverables and decision-making.

The role involves leading HSBC UK’s internal and external stress testing submissions, including delivery of regulatory stress tests to the Prudential Regulation Authority (PRA).

You’ll own the end-to-end execution approach within CM&ST, proactively engaging stakeholders across Treasury, Risk, Finance, the UK business and Group ensuring cohesive planning, high-quality outputs, and timely submissions are taken through senior levels of governance.

You’ll also represent HSBC UK in Group-wide working groups, driving outcomes and providing robust challenge through strong stakeholder management.

As an HSBC employee in the UK, you’ll have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

In this role, you will:

• Lead internal and external stress test delivery: Lead the end-to-end planning and execution of HSBC UK stress testing activity (internal and external), ensuring submissions are timely, complete, well-evidenced and robustly challenged through the appropriate governance.
• Capital plans: Prepare gross and net capital plans and coordinate with RRP office to select management actions clearly articulating the rationale.
• ICAAP and Internal Capital Planning Buffer: Support the production and ongoing maintenance of HSBC UK’s ICAAP, with a particular focus on the calculation, and governance of the Internal Capital Planning Buffer.
• Insightful, value-add analysis and governance: Translate stress testing and capital outputs into clear, decision-useful insight, incorporate regulatory change, identifying portfolio vulnerabilities and key risk concentrations to inform strategy, dividend generation capacity, pricing under stress and risk appetite. Produce concise, well-evidenced packs and governance papers, and present key messages, drivers and recommended actions at relevant HSBC UK forums.
• Regulatory engagement: Own the risk ownership of STDF actuals and annual returns submission to the PRA and manage associated queries, Dear CFO letters and Harmony escalations.
• Risk Management: Continually reassess the operational risks, own the RCAs, compliance with BCBS, Helios controls and responsible for HSBC UK Control framework.
• Cross-functional collaboration: Build and maintain strong, proactive relationships across Treasury, Risk, Finance, Group and the UK business to align expectations, inputs and timelines, and to resolve issues quickly. Remain flexible to support the wider capital agenda, contributing to related deliverables and ad hoc analysis as required.