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.

HSBC Life in Singapore is the combination of AXA Singapore and HSBC Insurance. Here you can specialize 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 Vice President, Asset Liability and Capital Management.

Principal Responsibilities

VP, ALCM will be supporting ALCM activities of INSP including capital management and liquidity management. The role-holder will perform analytics in relation to earnings and capital for ALCO deliberations. The role will serve as the secretariat for the Asset-Liability Committee (ALCO) meetings and responsible for organizing ALCO meetings, coordinating with various teams and preparing minutes.

Support capital management activities including capital injection, shareholder dividends, capital reductions etcSupport liquidity management including monitoring of liquidity positions in liquidity dashboard, liquidity stress testing. Support the optimization of liquidity / cash management across various portfolios of INSPPerform analytics to support ALCO functions, including but not limited to analytics related to earnings, capital and product profitabilityEnsure that all ALCO issues are captured, monitored, and controlled by senior management through effective meeting organization and documentationOrganize ALCO meetings, ensuring all necessary materials and papers are submitted on timePrepare and maintain accurate minutes of ALCO meetings, ensuring follow-through on action items and decisionsLiaise with various teams including Finance, Actuarial, Risk, Investment, and ALM to ensure comprehensive preparation for ALCO meetingsLiaise with Group Insurance finance and bank finance teams for capital management related activitiesMaintain strong relationships with key stakeholders, ensuring alignment and communication on ALCO-related topicsFoster a collaborative environment, ensuring effective teamwork across functions and timely submission of ALCO papers and materialsCoordinate with multiple teams to ensure timely submission and thorough preparation of ALCO papers and materialsEnsure compliance with investment policies, risk limits, and regulatory requirements related to ALCO activitiesProvide clear and detailed updates on ALCO-related topics to local and group stakeholdersConduct stress testing and identify emerging risks to manage the entity's capital and liquidity position effectivelyProvide financial risk management oversight, including recommending financial and insurance risk appetites and limits, and evaluating the asset and liability impact of strategies and business plansEnhance economic profit by improving net profits and promoting efficiency in the use of capital and funding

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.

HSBC Life in Singapore is the combination of AXA Singapore and HSBC Insurance. Here you can specialize 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 Vice President, Asset Liability and Capital Management.

Principal Responsibilities

VP, ALCM will be supporting ALCM activities of INSP including capital management and liquidity management. The role-holder will perform analytics in relation to earnings and capital for ALCO deliberations. The role will serve as the secretariat for the Asset-Liability Committee (ALCO) meetings and responsible for organizing ALCO meetings, coordinating with various teams and preparing minutes.

Support capital management activities including capital injection, shareholder dividends, capital reductions etcSupport liquidity management including monitoring of liquidity positions in liquidity dashboard, liquidity stress testing. Support the optimization of liquidity / cash management across various portfolios of INSPPerform analytics to support ALCO functions, including but not limited to analytics related to earnings, capital and product profitabilityEnsure that all ALCO issues are captured, monitored, and controlled by senior management through effective meeting organization and documentationOrganize ALCO meetings, ensuring all necessary materials and papers are submitted on timePrepare and maintain accurate minutes of ALCO meetings, ensuring follow-through on action items and decisionsLiaise with various teams including Finance, Actuarial, Risk, Investment, and ALM to ensure comprehensive preparation for ALCO meetingsLiaise with Group Insurance finance and bank finance teams for capital management related activitiesMaintain strong relationships with key stakeholders, ensuring alignment and communication on ALCO-related topicsFoster a collaborative environment, ensuring effective teamwork across functions and timely submission of ALCO papers and materialsCoordinate with multiple teams to ensure timely submission and thorough preparation of ALCO papers and materialsEnsure compliance with investment policies, risk limits, and regulatory requirements related to ALCO activitiesProvide clear and detailed updates on ALCO-related topics to local and group stakeholdersConduct stress testing and identify emerging risks to manage the entity's capital and liquidity position effectivelyProvide financial risk management oversight, including recommending financial and insurance risk appetites and limits, and evaluating the asset and liability impact of strategies and business plansEnhance economic profit by improving net profits and promoting efficiency in the use of capital and fundingUniversity graduate above with experiences in insurance industry

Knowledge and experience:

8 to 12 years of professional experience in insurance or consultancy firmsPrior experience in actuarial, investment, or ALM rolesFamiliarity with actuarial modelling, RBC2, and IFRS17Proficiency in asset and liability modelling

Competencies:

Strong verbal and written communication skillsAbility to collaborate with internal and external stakeholdersExcellent analytical and technical skillsStrong team player with the ability to work independentlyDetail-oriented with strong organizational and planning skillsResults-oriented, delivering high-quality results consistently and in a timely mannerStrong ability to organize and manage meetings, ensuring effective coordination and documentation

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

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.

University graduate above with experiences in insurance industry

Knowledge and experience:

8 to 12 years of professional experience in insurance or consultancy firmsPrior experience in actuarial, investment, or ALM rolesFamiliarity with actuarial modelling, RBC2, and IFRS17Proficiency in asset and liability modelling

Competencies:

Strong verbal and written communication skillsAbility to collaborate with internal and external stakeholdersExcellent analytical and technical skillsStrong team player with the ability to work independentlyDetail-oriented with strong organizational and planning skillsResults-oriented, delivering high-quality results consistently and in a timely mannerStrong ability to organize and manage meetings, ensuring effective coordination and documentation

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

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.