Senior Credit Policy and Analysis Manager

Job Description: Make the Right Move and join a winning team! Build your career with us. HSBC - North America is part of HSBC Group, one of the largest banking and financial services organizations in the world. Our domestic strength and extensive global network provides our employees with the best of both worlds - the friendliness of a local organization and the resources of a worldwide network - for diverse experiences and challenging career opportunities.



Manage staff responsible for ensuring adherence to credit policy is incorporated in the design, development, implementation and validation of credit policy, risk and/or marketing systems in an effort to manage the risk of consumer receivable portfolios. Recommend changes and improvements based on review of portfolio performance and credit standards for one or more business units.



Work with senior management in the development and monitoring of risk management systems and strategies, and develop formal presentations and written memoranda of results as required. Possibly work with Technology Services and external vendors to select, design and implement risk management systems, as appropriate.



Facilitate credit risk management assignments and projects undertaken by independent external consulting organizations as required. Ensure effective, efficient and compliant results. May review and analyze existing business unit strategies and recommend alternative new strategies, as appropriate (i.e. credit line management, collections, authorizations, communications, card reissue, and dynamic re-pricing modules). Occasionally develop economic and portfolio forecasts and planning, as appropriate. Ensure compliance monitoring is in place, including processes for management of operational risk, in accordance with Company and regulatory standards.



Complete other related duties as assigned and provide management direction to foster effective selection, development and reward of subordinates while contributing to initiatives in support of the Company’s Diversity programs.

Job Experience:

Five years proven credit policy and/or credit risk management or equivalent experience Knowledge and understanding of financial services preferred

Bachelor’s degree in mathematics, statistics, finance, economics or related field

Masters degree preferred

Strong management, interpersonal, organizational, analytical, problem-solving, negotiation, project management and verbal and written communication skills Proficiency with personal computers as well as pertinent mainframe systems and software packages

Familiarity with the development and/or implementation of statistical models and alternative strategies for direct mail response/activation, account acquisition, credit limit settings, authorizations and collections

Knowledge of credit monitoring and tracking systems designed to quantify the differences in effectiveness of alternative strategies and treatments for portfolio management and underwriting

Be familiar with Regulation B and the ECOA Experience interfacing with internal and external regulatory staffs is a plus

HSBC Compensation
HSBC is a pay for performance company with policies and programs designed to ensure all employees receive fair and equitable compensation based on performance. Our compensation program is designed to attract, motivate, develop and retain the very best people.



HSBC Benefits
We are proud of our comprehensive flexible benefit program. Our program allows our employees to select the features that make the most sense for their individual and/or dependent(s) needs. Our benefit features include, but are not limited to; medical, prescription drug, dental, vision, life insurance, short and long term disability, retirement plans, stock option purchase plan, and a competitive time off program.

Searchable Keywords: Senior Credit Policy and Analysis Manager / gj-mo

Minimum Education Required: Bachelor

Years of Experience Required: More than 5 years

Expected Travel Time: None