Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.This role manages credit risk and provides decisioning for Commercial Banking Innovation Banking, exercising delegated credit authority for credit exposure arising from new and existing clients. Ensures appropriate lending structures and controls are in place to handle inherent and unique risks in reviewed transactions. Consults with businesses regarding appropriate credit facility structuring to meet Company standards, regulatory guidelines and client needs. Reports to Head of Credit for US Innovation Banking.As our Vice President Credit Officer you will:

• Review or provide credit approvals, ensure credit quality is maintained, provide portfolio oversight, and ensure credit policy, guidelines, and processes are followed for designated loan portfolios
• Evaluate loan application requests, including evaluation of key risk, loan structure and terms, company business plan and model, financial performance, investors, management, industry dynamics, and macro-economic factors
• Review, recommend, and/or approve loan applications for the Innovation Banking division within delegated credit approval authority, ensuring adherence to all applicable credit approval policy, lending guidelines, and procedures
• Provide portfolio oversight through management of portfolio reviews, ensuring timely management of credit risk ratings, out of compliance issues, past due loans, and remediation actions
• Ensure credit quality of assigned portfolio is maintained within prescribed credit quality metrics
• Ensure compliance with Bank Credit Policy, risk appetite limits, lending guidelines, as well as adherence to all Regulatory requirements and controls
• Participate in the development and implementation of credit policies, lending guidelines, and procedures for assigned areas of the Company to ensure credit process integrity and prudent management of overall credit quality. Develop and recommend strategies for problem credits in compliance with credit policy to optimize value
• Implement the Group compliance policy locally by containing compliance risk in liaison with the Head of Group Compliance, Global Business Compliance Officer, Area Compliance Officer or Local Compliance Officer, ensuring adequate compliance resources and training, fostering a compliance culture and optimizing relations with regulators
• Maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators
• Complete other responsibilities, as assigned

For this role, HSBC targets a pay range between $134,500.00 and $201,800.00

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.