AVP: Regulatory Reporting - #961878

Some careers have more impact than others.

If you're looking for a career where you can make a real impression, join HSBC and discover how valued you'll 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 ofAVP: Regulatory Reporting.

Principal responsibilities

• Develop a deep understanding/subject matter expertise in various verticals across the regulatory reporting landscape (for PRA)
• Participate in targeted reviews and deep dives - detailed review linked to robust risk-based criteria (e.g. review of site returns, testing of calculation compliance), including interpretation of key policies and understanding of operational implementation
• Deliver accurate, complete and timely outputs (including external reporting and internal MI) for the BAU process
• Understand and document outstanding risks/issues in relation to remediation progress made - develop understanding of impact on outstanding remediation issues and ensure within risk appetite
• Work closely with strategic change programmes (Integrity of Regulatory Reporting) as well as the Controls Office team, ensuring all issues are appropriately flagged and logged in Helios
• This role will be required to support either a regional or group regulatory reporting team lead and is part of HSBC's commitment to enhancing the control environment and rigour around regulatory reporting.
• We encourage diverse profiles to apply for this role to create an inclusive workplace. We believe that a good working environment values the individual and group differences within its work force. It enables us to embrace the diversity of backgrounds and perspectives of the employees, which in turn increases their talent, innovation, creativity and contributions.
• Manage delivery of the Group's 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.

Requirements:

• Qualified CA (Chartered Accountant), MBA (Finance) or Engineering degree with interest in Financial Services
• Understanding of how to review large data sets and draw out strategic insights as well interpret data and identify trends/anomalies particularly in the context of business, macro-economic or Regulatory drivers, as well as the ability to work quickly & accurately to tight deadlines
• Knowledge and/or interest in Asset Liability Management, FSA Reporting and relevant regulatory changes in a global environment advantageous
• Understanding of control frameworks and how to implement effective controls in practice.
• Strong attention to detail and being solution oriented
• Strong communication skills (both oral and written) and an ability to communicate complex ideas in a simple manner to a global audience
• Excellent planning and organisational skills with ability to adapt to changing situations and to understand issues quickly
• Excellent working knowledge of MS related products i.e PowerPoint, Excel.
• Working knowledge of Banking systems and understanding of relevant regulatory reporting framework preferred but not essential
• Good understanding of financial products and general accounting principles, and more generically the banking business, balance sheet and income statement preferred but not essential

You'll achieve more when you join 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, colour, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.

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...Issued By HSBC Electronic Data Processing (India) Private LTD...