Alternative Investment Oversight Head - HSBC Life

Employer
HSBC
Location
Hong Kong, Hong Kong
Salary
Not Specified
Posted
Mar 28, 2021
Closes
Apr 27, 2021
Ref
10635444
Job Function
Insurance
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (2019-nCoV), we're leveraging our digital capabilities to ensure we can continue to recruit top talent at HSBC. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.

Some careers grow faster than others.

If you're looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. 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.

Join our fast-growing Asia Wealth Management teams

HSBC Life is a world-class institution where 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 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 team of high-performing individuals to build skills and explore new experiences to realise the full potential of being part of HSBC.

Together we pursue efficient ways of working. We harness the latest data and technology solutions to achieve meaningful outcomes for our clients. The protection we offer creates 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 Alternative Investment Oversight Head, HSBC Life.

Principal Responsibilities​
  • Oversee the development of L3 investment policies and strategies, including the return targets, fund selection criteria, diversification parameters, risk appetite and limits, etc.
  • Responsible for oversight on L3 assets' capital deployment relative to plan and ensure all investment guidelines and risk limits have been followed.
  • Responsible for overseeing L3 assets' investment valuations and performance relative to target return, with an objective to identify and escalate underperforming or mispriced assets for attention and actions.
  • Contribute to effective functioning of investment and valuation oversight governance bodies on L3 assets, including the
  • Portfolio Review Meeting (PRM), various Valuation Committees, LIC and INHK-HAIL Governance Meetings.
  • Coordinate with other business areas, including Risk, Finance, Actuarial, Product, ISOT, RC and Legal on matters related to L3 assets.
  • Coordinate with Group Investment and Group Investment COO on matters related to L3 assets.
  • Coordinate with AMG and HAIL on L3 investment mandate implementation and oversight.
  • Contribute to the SAA review exercise in matters related to L3 assets.
  • Contribute to the design and implementation of appropriate fund structures or investment vehicles to maximize investment efficiency of L3 assets;
  • Keep abreast of relevant global developments in the capital and insurance market and changes in regulatory, actuarial and accounting regime, particularly in relation to insurance investment management and financial reporting that have impacts on L3 assets.

Requirements
  • University graduate with solid industry experience
  • Additional professional qualifications in Finance, Actuary, or Investment such as CFA is a plus
  • Extensive experience in private equity, real estate, alternative credits such as loans and direct lending
  • Solid experience of valuation and other financial models, such as DCF, comparable company, and other asset models
  • Familiar with IFRS or US GAAP requirements for asset accounting and valuation
  • Up to date knowledge of current accounting practices and standards for illiquid alternative assets
  • Good verbal and written communication skills
  • Strong analytical, technical skills and a proven team player
  • Strong business acumen and can demonstrate sound, broad commercial intuitive judgment
  • Strategic awareness, strong leadership, high resilience, humility, and demonstrated agility to manage cross territorial teams
  • Organisation and planning skills, highly detail-oriented
  • Drive and commitment, action and deadline-oriented

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

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

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.

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