Job Description

Job description

Business: REGULATORY AFFAIRS HBUK - REGU

Open positions:1

Role Title: Assistant Vice President GSC\xe2\x80\x99S

Global Career Band: 5

Location (Country / City ): Bangalore

Recruiter Name : Geetika Gupta

Why join us?

• Regulatory Affairs (RA) Roles, of which Regulatory Development is a subset, ensure the effective management of dealings with regulators and regulatory developments affecting the Bank.. Early identification and assessment of regulatory developments and their potential impact to the bank is a key activity, ensuring that the UK maintains full oversight of all material relevant regulatory developments affecting its activities. \xe2\x80\x9cRegulatory development\xe2\x80\x9d for these purposes includes changes in law, regulation, regulatory practice (including enforcement activities etc.) etc., in relation to areas which are focus topics for the UK Compliance function.

What you\xe2\x80\x99ll do:

The role holder\'s responsibilities include, but are not limited to:

• Support the Head of Regulatory Affairs in managing the Group\xe2\x80\x99s risk in relation to UK regulatory developments relevant to the Compliance function.
• Identification and oversight of material compliance "upstream" and "downstream" regulatory developments, supporting the UK to address regulatory change.
• Work collaboratively with the wider UK RA team, the Global RA Team and the European/Wholesale RA team to monitor, assess and support relevant stakeholders in dealing with regulatory developments affecting the Group and its activities.
• Discharge the relevant accountabilities as set out in the Group Standards Manual and Compliance FIM, including establishing relevant policies, procedures, systems and controls in relation to identifying, impact assessing, allocating ownership for, reporting on and responding to UK regulatory developments.
• Provide Compliance advice on regulatory developments in the UK.
• Proactively engage with and support consultation responses, lobbying and wider industry discussion and similar work in relation to material UK regulatory developments and work collaboratively with other relevant internal stakeholders within the GLEU RA and where relevant with other key stakeholders including for example the Legal function, Financial Sector Policy Unit and Regulatory Development specialists in other Global Functions.
• Assist the Head of Regulatory Affairs deliver timely and quality reporting on UK regulatory developments including a summary of key risks and issues to the Regional and where appropriate Global Business Line RA teams and to all relevant stakeholders, including Compliance and management teams and wider Group management as required.
• Continually enhance and improve reporting and coordination of the compliance response on UK regulatory developments and support Head of Regulatory Affairs in the provision of reports to UK management (RMM) and the HBUK and other UK Boards.
• Develop and implement regular channels of communication for the sharing of information and best practices between RA and wider Compliance team members in relation to regulatory developments.
• Ensure appropriate reporting of relevant regulatory developments occurs at all levels of the UK Businesses to allow an overall view of the Group\xe2\x80\x99s exposures to its material regulatory change to be obtained and the developments themselves to be managed appropriately.
• Support the Regulatory Development team in conjunction with other members of the Compliance function in participating in UK regulatory change driven projects.
• Identify, implement and then ensure appropriate use of systems to record, monitor and report on regulatory developments. Own relevant systems from an SME perspective and proactively work to develop them.

Requirements

What you will need to succeed in the role:

Control and Conduct Statements \xe2\x80\x93 for internal use only.

• Not for use in external recruitment media

Control

• All staff are responsible for ensuring the effectiveness of the controls that are in place to manage the risks in the processes and activities that they undertake in their day to day role.

Conduct

• Good conduct at HSBC means that we deliver fair outcomes for customers, and do not disrupt the orderly and transparent operation of financial markets. We exist to serve our customers and our approach to conduct helps us ensure that we know and understand them and deliver products and services that meet their genuine needs.
• Our conduct framework provides us with a set of outcomes to achieve across everything we do and can be found within the Group\xe2\x80\x99s Global Principles, and on the Conduct SharePoint site together with our Global Conduct Requirements.

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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