Head of Alts Ops Valuation Oversight

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Within International Wealth and Premier Banking (IWPB), we serve 41 million customers globally, including 6.7 million who are international, from retail customers to ultra high net worth individuals and their families. We help our customers to take care of their day-to-day finances and to manage, protect and grow their wealth. Our international network and breadth of expertise enable us to deliver on HSBC’s purpose of opening up a world of opportunity by providing our customers with borderless banking and world-class wealth management through best-in-class, mobile-first capabilities and exceptional people. Our key areas of operations include Retail Banking and Wealth Management, Asset Management, Global Private Banking, Insurance, and Chief Operating Office.  

We are currently seeking a high calibre professional to join our team as a Head of Alts Ops Valuation Oversight.

In this role you will:

1. Establish the Global Valuation Oversight Pillar (target model)

• Design, mobilise and lead a global valuation oversight function spanning all Alternatives capabilities and regions, independent from investment decision-making and local alternatives operations teams.
• Build and lead a team with the right blend of valuation, controls, and change/ technology capability; set objectives and performance standards.

2. Own Valuation Governance & Control Framework (end-to-end)

• Define clear roles, responsibilities and accountabilities across the valuation lifecycle (e.g., 1st line valuation production vs independent oversight/challenge).
• Establish and/or confirm required committees and forums (e.g., valuation committee structures, escalation routes, periodic deep-dive reviews).

3. Valuation Policy, Methodology & Process Standards (regulatory-ready)

• Enhance, maintain and harmonise valuation policies and methodology standards for complex/ illiquid instruments (e.g., Private Equity, Private Credit, Real Assets).
• Drive robust documentation standards (methodology rationale, assumptions, input hierarchy, limitations, controls performed, approvals).

4. Independent Oversight and Challenge of Models, Inputs and Third Parties

• Provide independent oversight and credible challenge of valuation models and key inputs, including third-party pricing sources, administrators and external valuers.

5. Risk Mitigation, MI/KRIs, Issue Management and Continuous Improvement

• Build a robust MI framework (quality indicators, timeliness, exceptions, overrides, challenge outcomes) and define KRIs aligned to risk appetite.
• Lead remediation of control gaps via taskforces and action plans; track and report issues to senior management and governance forums.

6. Technology Enablement/ AI and Systems Roll-out

• Define tooling strategy to support valuation controls and oversight (workflow, controls attestation, exception management, audit trail, MI/KRIs).
• Support rollout of the operating and supporting model across Alternatives capabilities, ensuring adoption and sustainable run-state.

To be successful you will need:

• Significant experience leading valuation governance/ oversight for Alternatives (e.g., Private Equity, Private Credit, Real Assets, Infrastructure Debt, etc.), within an Asset Manager, fund administrator, valuation specialist, depositary/AIFM oversight, or relevant banking/ market function.
• Proven track record designing and implementing control frameworks and governance (committees, escalation, maker–checker, challenge standards, issue remediation).
• Strong understanding of valuation methodologies for complex/ illiquid private assets and the ability to provide credible independent challenge to investment teams, administrators and external valuers.
• Experience preparing for and responding to audit and regulatory scrutiny; strong evidence trail mindset.
• Experience with third-party oversight models (administrators, external valuers, auditors, AIFM/depositary interactions).
• Technology literacy: ability to define requirements and deliver workflow/controls tooling; practical familiarity with automation/analytics/AI use cases in controls or valuation oversight.
• Degree in Finance, Economics, Accounting, Mathematics or related discipline (or equivalent experience).
• Professional certifications (e.g., CFA, CAIA, ACA/ACCA, FRM) are a distinct advantage.

Opening up a world of opportunity

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