Job Description

Job description Business: Wholesale Transformation Open positions: 1 Role Title: Governance and Control Advisory Manager GSC\'s Global Career Band: 5 Location (Country / City ) : India- Bangalore / Hyderabad Recruiter Name : Hariharasudhan .G Why join us Wholesale Transformation is responsible for world-class strategic transformation of Wholesale banking through smart execution. We act as strategic partners to business and create world class digital capabilities that enable HSBC Wholesale to digitize at scale and simplify the lives of our colleagues & customers. We are a team of 500 globally and over 200 in India, driving design, business change, product ownership, simplification and automation across Wholesale Value Streams (Client Onboarding and Servicing, Global Payment Solutions, Global Trade & Receivables Finance, Capital Markets, Sustainability, Platforms & Regulatory programmes). The Opportunity: Wholesale Transformation (WT) - Part of WCOO - Wholesale Chief Operating Office) Portfolio Management Team require a Governance and Control Advisory Manager for Wholesale COO / Transformation providing dedicated thought leadership and execution in partnership with Wholesale, CMB & GB Lines of Business Global Intercompany Controller(s) to achieve the following goals. What you\'ll do: Effectiveness of all Risk & Control for Wholesale COO / Transformation, GBM & CMB intercompany charges owned / managed by Wholesale COO on behalf of Wholesale and for GBM & CMB Lines of Business. Ensure global processes are leveraged effectively across WCOO, GMB & CMB Lines of business. Review of Intercompany WCOO, GMB & CMB charges activities and processes (local/global) to improve efficiency of operational activities by increasing transparency and reduce incorrect charges. Provide support for all Audits that the WCOO function is actively involved in / owns relating to intercompany charges or Capitalisation of Investment spend / resource time. Actively participate and support the delivery of all change programmes in agile working methodology across multi-disciplinary teams to enhance & evolve existing processes Drive transparency of charges around the group and ensure a single source of reliable data is available to support intercompany charge allocation. Support setting of annual FTE rates and provide insight with financial modelling outlining potential risks and risk mitigation strategies. Review monthly actuals and outline risks of any over or under/over recovery that will affect WCOO, GBM & CMB ability to keep within tolerance of group policy. Adviser/Member of WCOO / WT Portfolio Management Team for Strategic Programs with an Intercompany view on Risk, Control impact and stakeholder impact Key processes and activities include Role responsibilities are to support WCOO, GMB & CMB lines of business across all areas of intercompany charges and rate setting.This includes (but is not limited to): Enhance financial modeling of FTE charges and outline risk with external market conditions working closely with other stakeholders with proposed risk and options for resolution, Monthly Review of financials and outlining key drivers for any under / over recovery with remediation action plan to resolve within the financial year. Monthly reporting of GPDM forecasts and other ad hoc reporting to ensure estimated capitlalisation forecast are accurate Understand and ensure intercompany charges are in line with any local regulatory rules. Manage core systems and support delivery of improvements across all systems to enhance customer / stakeholder\'s experience. This includes internal and external systems. Actively challenge poor, inefficient, or excessive controls, related tasks and behaviors by key stakeholders. Instigate and manage initiatives to drive improvements to the control environment to ensure compliance to SOX process. Manage upstream systems like Clarity as sources of reference data and resource management and inputs into Billing & Asset Control processes. Capable of deputising for the Billing and Charge Management Lead and representing at relevant governance forums, Audit and regulatory reviews etc. Responsible for embedding risk and control management framework within the Intercompany Charges process and Rate Setting for FTE. Key point of support within WCOO for charges and any proposed changes, providing monthly commentary, following up with relevant GBGFs (GMB + CMB) on all outstanding areas of concerns that may affect WCOO ability to full recovery its cost. Customers/Stakeholders: Stakeholder management facross geographies, Businesses and Functions. Provide enhanced insight on charges to customers within consuming businesses and functions. Presenting and reporting complex risk and control information in ways that are meaningful for different stakeholders Applying professional understanding, expertise, and judgement to support resolution of challenges raised and ensure the health of the end-to-end control environment Monitoring and analyzing the performance of the control environment to drive more effective design to minimize risk Providing advice, support, and challenge to stakeholders to obtain resolution that is acceptable to all parties. Leadership & Teamwork: Lead by example, demonstrating core behaviors and values including teamwork, focus, drive and determination. Manage a global team, ensuring the team develop and grow to be best in class. Act in a manner that transparently promotes the organisations values and expected behaviours. Cultivate an environment that supports diversity and reflects the HSBC brand Supports & delivers effective and open team communication and collaboration Understanding and energizing others to attain individual and team outcomes and performance targets Developing, aligning, and translating strategies and plans to achieve business and functional goals Successfully delivering change through people Requirements What you will need to succeed in the role: Flexible and adaptable being able to handle and prioritize competing demands in a fast-paced environment Strong ability to translate large data sets into multi-dimensional views to support all stakeholders Strong communication skills to be able to influence and challenge stakeholders Strong written, verbal and presentation skills High level of attention to detail, and ability to lead People focused activities A desire to find ways to continually improve the service delivered. Identifying, defining, and solving problems that impact on your work or the wider business Ability to deliver Insightful Risk and control Information Knowledge and understanding of the potential Risk and Controls that impact WCOO Knowledge and understanding of the HSBC Group organization is desirable Able to help analyze complex situations and provide support in influencing them Ability to drill down to root cause and provide input to resolve and address any issues You\'ll 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.\' 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 HSBC Electronic Data Processing (India) Private LTD...

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