Roles & Responsibilities

Description

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC Life in Singapore is the combination of AXA Singapore and HSBC Insurance. Here you can specialise in Insurance but enjoy the advantages that come with being part of a leading global international bank.

Insurance is about people, and the promises they make. At HSBC Life in Singapore we help deliver on these promises by providing a wide variety of life insurance products and services to our clients throughout the Asia-Pacific region. Our employees enjoy a dynamic and innovative workplace and a world of opportunities to develop their careers in a high-profile growing business segment. We empower our combined team of high-performing individuals to build skills and explore new experiences to realise the full potential of being part of HSBC.

Together we will pursue efficient ways of working. We will harness the latest data and technology solutions to achieve meaningful outcomes for our clients. And the protection we offer will create broad and lasting impact, helping clients to be healthier, more productive and more confident in their futures.

We are currently seeking a high calibre professional to join our team as a Senior Business Finance and Asset, Liability & Capital Management Manager.

Principal Responsibilities

Business finance

• Under the new IFRS17 accounting standard, this role is responsible for Insurance Management Information across Manufacturing and Distribution activities, including performance analysis, forecasting and annual planning, with accurate and timely delivery to support key business decision-making forums
• Provide high quality insight and analysis over results, including benchmarked in the context of peers’ performance
• Business partnering with SG business teams to challenge and enhance commercial insight by blending business knowledge with interpretation of financial performance
• Also working closely with local Financial Control, actuarial and business teams, and the Central teams
• Drive MI process enhancement including strengthening MI and cost control process
• Support adhoc requests

ALCM Initiatives

• Identify and help manage Capital, Liquidity, Market Risks
• Act as the secretary of the ALCO which is chaired by the CFO
• Implementation of a strong ALCM governance
• Close partnership with the Actuarial, Risk and the Balance Sheet optimisation functions will be critical in this role
• Strong engagement is also required with Bank capital, finance, risk and regulatory teams, managing the Insurance business impact on banking

Qualifications

• Actuarial, finance and ALCM discipline and IFRS17 accounting knowledge is required, with a number of years of work experience in the Life Insurance industry preferred
• Strong numeracy background with an ability to take on new financial/technical concepts
• Proven ability to deliver high quality analysis and recommend solutions
• Commercial bent of find to ensure delivery of maximum Shareholders returns
• Strong communication skills (written and oral) and can work collaboratively with others, including with international and virtual teams
• Track record of proactiveness, ability to learn, manage changes and deliver results within the tight deadlines.
• Skilled in the use of Office software, including ability to deliver impactful written reports and PowerPoint presentations, some Qliksense knowledge preferred
• Frequent exposure to senior Finance and business stakeholders

To be considered for this role, the relevant rights to work in Singapore is required.

You’ll achieve more when you join HSBC.
www.hsbc.com/careers

Senior Business Finance and Asset, Liability & Capital Management Manager - HSBC Life - 196206

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hongkong and Shanghai Banking Corporation Limited.

Video URL - External

https://www.youtube.com/embed/zjrWwmYbXqo

Tell employers what skills you have

IFRS
Numeracy
Forecasting
Detail Oriented
Actuarial
Risk
Highly Detail Oriented
PowerPoint
Life Insurance
Office Software
Banking
Oral & Written Communication Skills