Job Description

Job descriptionSome careers have more impact than others.If youre looking for a career where you can make a real impression, join HSBC and discover how valued youll be.HSBC is one of the largest banking and financial services organizations 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 realize their ambitions.We are currently seeking an experienced professional to join our team in the role Reg Reporting - Transaction Testing Assistant Vice PresidentPrincipal Responsibilities

• Using appropriate sampling techniques to ensure the testing population is of appropriate size to efficiently and effectively progress testing
• Providing inputs and status updates to regional and/or global Project Magnus Steering Committees and US other executive meetings (e.g., US Audit Committee and US Executive Committee)
• Supporting the Americas regional Magnus team with alignment of other in-flight US remediation programs with design principles and control outcomes required to meet Magnus standards
• Strong Knowledge on SOX 404 Internal Controls, COSO Frame work and Guidelines..
• Adhere to the ICMP (Internal Controls Monitoring Plan) and work closely with the In country Controls Team.
• Understanding various Systems and their Functionality which are used by the Business Areas and are Under Scope of SOX Controls.
• Preparation of critical Month end deliverables, SOX testing and highlighting of issues to business partner / management.

Requirements

• Knowledge of finance functions such as Regulatory reporting, Accounting, Reconciliation and reporting in the financial services sector is a must
• Understanding of SOX, operational risk and COSO frameworks would be required
• Ability to challenge information presented, providing reasoned explanation to ensure that agreement is reached by both parties
• Excellent interpersonal skills to communicate effectively with team members/wider business including senior executive management and ability to develop a good rapport in challenging situations
• CA/MBA/B.Com: At least 10 years of relevant experience in financial services sector. Should have managerial experience of at least 3 years in Regulatory reporting, accounting and knowledge of HSBC systems.
• Strong audit and or control function experience would be beneficial
• Risk and control experience as a first line of defence.
• Experience in performing risk and control assessments, conducting risk committees and managing SOX framework is recommended
• Experience of interacting with auditors / performing audits would be preferred

Youll achieve more at HSBCHSBC 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 HSBC Electronic Data Processing (India) Private LTD***

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