Simon Wallace, Ma, Fcmi
About Simon Wallace, Ma, Fcmi
Simon Wallace serves as the Deputy Global Head of Digital Risk & Controls at HSBC, bringing extensive experience from previous roles at HSBC and Barclays. He has a strong background in risk management, business continuity, and crisis management within the banking sector, along with a military career in the Royal Navy.
Current Role at HSBC
Simon Wallace serves as the Deputy Global Head of Digital Risk & Controls within the Wealth and Personal Banking (WPB) division at HSBC. He has held this position since 2020, contributing to the organization's efforts in managing digital risk and control frameworks. His role involves overseeing the implementation of risk management strategies and ensuring compliance with regulatory standards. Wallace operates from Southwark, England, where he applies his extensive experience in risk and control management to enhance the bank's digital operations.
Previous Experience at Barclays
Prior to his current role at HSBC, Simon Wallace worked at Barclays UK in various capacities. He served as the Chief Controls Office, BI Cards & Payments Control Partner for six months in 2020. Before that, he was the Senior Product Conduct and Control Manager from 2017 to 2018 and the Head of Controls for Business Banking from 2018 to 2019. His tenure at Barclays included responsibilities in compliance monitoring and testing, as well as the development of conduct risk frameworks, all of which contributed to strengthening the bank's control environment.
Military Background and Leadership Roles
Simon Wallace has a significant military background, having served in the Royal Navy. He held various leadership positions, including Commanding Officer of HMS Pembroke and HMS Penzance. His military career also included roles such as Programme Manager/Chief of Staff for the Ships Division at Navy Command HQ and Maritime Liaison Officer to the UK Joint Force Air Component Commander. These experiences provided him with a foundation in leadership, crisis management, and operational oversight.
Education and Professional Development
Simon Wallace has pursued extensive education to complement his professional experience. He studied Naval and Marine Sciences at Britannia Royal Naval College and earned a Master's degree in Defence Studies from King's College London. Additionally, he achieved CMI Level 8 Strategic Management from Alliance Manchester Business School, focusing on business change, organizational design, and leadership. This educational background supports his expertise in risk management and organizational effectiveness.
Expertise in Risk and Control Management
Simon Wallace possesses a strong proficiency in managing complex risk and control management projects. He specializes in business continuity, resilience, and crisis management within the banking sector. His extensive experience includes designing and implementing risk frameworks across various business units, ensuring that organizations can effectively navigate challenges and maintain operational integrity. Wallace's refined interpersonal and communication skills enable him to operate effectively at executive committee levels.