Financial Risk Manager Jobs in Buffalo, NY (NOW HIRING)

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.

As Regional Insurable Risk Manager you’ll own insurable risk management for the US and provide oversight across the Americas. You’ll be a key connection point between country entities, Group Insurance, brokers and insurers supporting policy placement and renewal, claims management and delivery of the Group Insurable Risk strategy across the region. This role matters because it helps ensure the business has the right coverage in place, manages claims effectively and maintains strong governance in a regulated environment. Success looks like smooth renewals, clear oversight of local processes that support global programs and consistent reporting for key stakeholders. You’ll also support optimization of insurable risk financing through the Group captive and preferred strategic insurers.

This role gives you scope to improve how we place coverage, manage claims and strengthen governance across the region. You’ll connect local priorities with Group strategy and help keep renewals and claims activity running smoothly. The work spans policies, controls, supplier management and reporting for senior stakeholders, regulators and committees. If you’d like to build impact across the US and the Americas we’d welcome your application.

As our Regional Insurable Risk Manager, you will:

• Own insurable risk management for the US and provide oversight across the Americas
• Partner with country entities, Group Insurance, brokers and insurers to support policy placement, renewal and claims management
• Implement the Group Insurable Risk strategy locally and represent local entity needs where required
• Support optimization of insurable risk financing through the Group captive and preferred strategic insurers
• Maintain regular dialogue with senior country and regional stakeholders and provide clear practical advice
• Help determine local insurable risk appetite where required
• Oversee local processes supporting global programs including premium collections and documentation
• Support sourcing of local covers and relevant infills such as Crime, PI and Cyber where needed
• Govern operational delivery and controls including operating model improvements, management information and reporting frameworks and budget and cost center management
• Act as the US Third Party Engagement Manager for insurable risk suppliers including contract monitoring and supplier management activities
• Contribute to reporting for boards, regulators and committees and support planning and budgetary reporting

You´ll likely have the following qualifications to succeed in this role:

• Bring demonstrated expertise across business insurance classes relevant to banking and multinational organizations
• Apply strong knowledge of insurance regulation and market practices
• Hold ACII, CPCU, ARM or similar professional designation, or bring equivalent demonstrable experience
• Demonstrate experience working within a global organization across geographic and cultural boundaries
• Show experience implementing global strategies with significant stakeholder management complexity
• Communicate clearly and provide practical advice to senior stakeholders
• Advanced written and spoken English, with Spanish and Portuguese preferred

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.

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!

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.