Senior Manager, Third Party Risk Management, Business Risk and Resilience
HSBC, Buffalo, NY, United States
In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.
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.
The Global Business Risk and Resilience (BRR) function operates as a first line team, responsible for developing strategy, frameworks, and standards to manage business risk. The team provides risk oversight, defines the scope, and conducts quality assurance reviews in line with established frameworks. BRR sets enhanced risk standards that are fully aligned with the Group’s Risk Management Framework, ensuring robust oversight and driving ongoing improvements in the resilience of the Firm’s operations and its overall risk profile.
The Global BRR Third Party Risk Team is a centralised specialist function responsible for defining global frameworks and risk standards for Third Party Risk Management. The team provides independent first line of defense oversight, ensuring that Global Business and Infrastructure teams effectively manage third party risk across all types of vendors engaged by the Group. This includes direct suppliers, Non-Traditional Third Parties (NTTPs), and Internal Third Parties (ITPs).
Role Overview
As a Senior Manager, you will play a key role in shaping the ongoing development of the Group’s Third-Party Risk Management Framework, as well as leading its implementation and continuous enhancement. You will collaborate closely with stakeholders within your jurisdiction to promote adherence to the framework, strengthen governance and oversight, and drive ongoing improvements. This critical position ensures the application of robust and consistent risk management practices, directly supporting HSBC’s strategic objectives and regulatory requirements.
Responsibilities
Support the design, maintenance, and enhancement of the Global TPRM Framework, standards, and methodologies and oversee the embedding of the global framework within your area of responsibility
Partner with Global BRR to ensure local regulatory requirements are catered for in the process and formalise, where appropriate and necessary, any local deviations
Establish and oversee TPRM governance for your area of responsibility, including escalation of key issues for remediation
Monitor TPRM activities to ensure they operate within risk appetite and tolerance
Chair governance forums and prepare executive reporting packs
Collaborate with GBGI and entity to embed TPRM requirements and drive continuous improvement
Oversee independent adherence reviews and testing plans to validate compliance with TPRM frameworks
Qualifications
Extensive experience in third party risk management, operational risk, or related disciplines within the financial services sector
Strong understanding of regulatory requirements and established risk management frameworks
Proven ability to lead on matters of governance, operational resilience, and incident management
Excellent skills in managing stakeholders and communicating effectively across all levels
Ability to drive change initiatives and foster continuous improvement within global teams
Benefits
As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!
Compensation
Your final fixed pay offer will depend on the candidate and several variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.
Equal Opportunity Statement
All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.
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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.
The Global Business Risk and Resilience (BRR) function operates as a first line team, responsible for developing strategy, frameworks, and standards to manage business risk. The team provides risk oversight, defines the scope, and conducts quality assurance reviews in line with established frameworks. BRR sets enhanced risk standards that are fully aligned with the Group’s Risk Management Framework, ensuring robust oversight and driving ongoing improvements in the resilience of the Firm’s operations and its overall risk profile.
The Global BRR Third Party Risk Team is a centralised specialist function responsible for defining global frameworks and risk standards for Third Party Risk Management. The team provides independent first line of defense oversight, ensuring that Global Business and Infrastructure teams effectively manage third party risk across all types of vendors engaged by the Group. This includes direct suppliers, Non-Traditional Third Parties (NTTPs), and Internal Third Parties (ITPs).
Role Overview
As a Senior Manager, you will play a key role in shaping the ongoing development of the Group’s Third-Party Risk Management Framework, as well as leading its implementation and continuous enhancement. You will collaborate closely with stakeholders within your jurisdiction to promote adherence to the framework, strengthen governance and oversight, and drive ongoing improvements. This critical position ensures the application of robust and consistent risk management practices, directly supporting HSBC’s strategic objectives and regulatory requirements.
Responsibilities
Support the design, maintenance, and enhancement of the Global TPRM Framework, standards, and methodologies and oversee the embedding of the global framework within your area of responsibility
Partner with Global BRR to ensure local regulatory requirements are catered for in the process and formalise, where appropriate and necessary, any local deviations
Establish and oversee TPRM governance for your area of responsibility, including escalation of key issues for remediation
Monitor TPRM activities to ensure they operate within risk appetite and tolerance
Chair governance forums and prepare executive reporting packs
Collaborate with GBGI and entity to embed TPRM requirements and drive continuous improvement
Oversee independent adherence reviews and testing plans to validate compliance with TPRM frameworks
Qualifications
Extensive experience in third party risk management, operational risk, or related disciplines within the financial services sector
Strong understanding of regulatory requirements and established risk management frameworks
Proven ability to lead on matters of governance, operational resilience, and incident management
Excellent skills in managing stakeholders and communicating effectively across all levels
Ability to drive change initiatives and foster continuous improvement within global teams
Benefits
As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!
Compensation
Your final fixed pay offer will depend on the candidate and several variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.
Equal Opportunity Statement
All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.
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