Job Description

Job description

Some careers have more impact than others.

If you\xe2\x80\x99re looking for a career where you can make a real impression, join HSBC and discover how valued you\xe2\x80\x99ll be.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Assistant Vice President-Finance operation GSC\xe2\x80\x99S

Principal responsibilities

• Manage delivery of the Group\xe2\x80\x99s PRA and EBA reports on Capital and RWA including COREP, PRA101, Pillar 2 and Pillar 3 disclosures.
• Preparation and review of regulatory reporting artifacts comprising of Capital and RWA as per EU and UK regulatory requirements.
• Manage regulatory change including interpretation of new regulatory requirements, ensuring systems are developed to meet new requirements and are fit for purpose.
• Support delivery of regulatory transformation initiatives and support roll out of strategic projects such as IRR (Integrity of Regulatory Reporting) and Basel 3 reforms.
• Monitor regulatory developments and prepare a framework to assess compliance with regulatory framework on an ongoing basis.
• Provide SME support to reporting teams and stakeholders in the regulatory reporting processes.
• Partnering closely with Group Regulatory policy, Finance Change, Risk and other teams to implement regulatory changes.
• Support internal and external auditors assessing the compliance of reporting framework.
• Manage and document policy interpretations and judgements applied within the regulatory reporting framework
• Establish and maintain effective relationship with business areas/key stakeholders and identify areas of service improvements by implementing regular calls and feedback mechanism

Requirements

Requirements

Qualifications \xe2\x80\x93 External

• Adherence to Group policies, audit, controls, and compliance requirements including
• To continually assess the operational risks inherent in the processes, taking account of changing operating procedures, staff movements, legal and regulatory requirements, management restructures, and the impact of new technology
• Effectively manage change, plan business contingency and achieve cross-training
• Ensure process documentation and procedure notes are in place and updated regularly \xe2\x80\x93 these should contain procedures to meet minimum control requirements
• Ensure assurance process to validate completeness and accuracy of outputs are well understood and documented

Major Challenges

• The increasing burden of new financial and disclosure requirements, as well as a number of large and complex corporate transactions, and being able to apply accounting principles to data to ensure accurate and complete outputs are produced.
• Enhanced focus on a strong, and automated (where possible) control environment, that is preventative as opposed to detective, surrounding those processes to deliver defined outputs.
• Managing conflicting demands/priorities (including cost pressures) while motivating large and diverse teams.
• Ability to explain complex technical concepts in simple terms to a variety of stakeholders
• Broad role encompassing all customer groups, business lines and risk categories as well as a wide range of regulatory requirements.
• Ensure that potential risk areas are accurately recognised and provide assurance that solutions are delivered in a timely, concise manner, the jobholder needs to have independence of thought and lateral thinking

You\xe2\x80\x99ll achieve more at HSBC

HSBC is an equal opportunity employer 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. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.\xe2\x80\x9d

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.

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