About the Role
Accountable for the Non-Financial Risk (NFR) capability supporting Custody, Clearing & Settlements and Asset Services Operations globally. This role involves setting the risk strategy and culture, implementing risk management processes, and ensuring Operations remain within risk appetite in a highly regulated global environment.
Responsibilities
- Own the global NFR capability for Custody, Clearing & Settlements and Asset Services Operations, including risk strategy and culture.
- Establish and improve the Operations control environment, covering control design, execution quality, evidence standards, and assurance readiness.
- Embed consistent risk and control assessments (e.g., RCSA and ICAs) to identify, assess, and treat risks within appetite.
- Manage end-to-end issue remediation for audit, regulatory, and internal assurance findings, including root cause analysis, plans, and sustainable fixes.
- Oversee governance for issue tracking, reporting, and escalation to support timely closure and prevent recurrence.
- Strengthen operational resilience by mapping critical services, identifying vulnerabilities, and improving recovery capabilities with scenario testing and lessons learned.
- Build NFR management information, including KRIs, KPIs, control performance, issue ageing, and forward-looking indicators for risk forums and committees.
- Partner with change and vendor stakeholders to embed NFR into process, technology, and location changes, ensuring appropriate third-party oversight.
Requirements
- Domain expertise across Custody, Clearing & Settlements and Asset Services, including end-to-end operating model, product and service flows, and client and regulatory expectations.
- Proven global experience owning Non-Financial Risk, Operational Risk, and Controls, including control design, uplift, and operational excellence across complex multi-site operations.
- Track record of delivering sustainable remediation for high-severity issues, partnering with 2LoD and Internal Audit through closure, validation, and evidence of effectiveness.
- Ability to partner effectively across a matrix organization, securing decisions and sponsorship through governance and executive forums, including resourcing and prioritization.
- Apply structured data-led evaluation to translate complex risk topics into clear executive actions balancing risk reduction, client outcomes, and cost efficiency.
- Build and sustain capability across teams through coaching, performance management, and risk training to improve first-time-right execution.
- Occasional travel may be required depending on stakeholder needs.
Skills
- Non-Financial Risk (NFR)
- Operational Risk
- Control Design
- Issue Remediation
- Root Cause Analysis
- Operational Resilience
- Management Information (MI)
- Risk Assessment
- Governance
- Third-Party Oversight
- Coaching
- Performance Management
- Risk Training
Location
- London
Work Type
- Global
- Hybrid
Experience Level
- Senior
About the Company
- HSBC is one of the largest banking and financial services organisations in the world.
- Our purpose is opening up a world of opportunity.
- Our ambition is to become the world’s most trusted bank globally, putting customers at the heart of everything we do.
Equal Opportunity
- Being open to different points of view is important for our business and the communities we serve.
- At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, socio-economic background or age.
- We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best.
- We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.
- If you have a need that requires accommodations or changes during the recruitment process, please contact the Recruiter.
