Job Description

Job description The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (COVID-19), we\'re leveraging our digital capabilities to ensure we can continue to recruit top talent at HSBC. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have. Some careers open more doors than others. If you\'re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further. Role Purpose To provide strategic, administrative and management support to the Business / Desk Head enabling them to execute the global GPB strategy/plan effectively and efficiently in a risk/regulatory-compliant manner. Accountable executive responsible for ensuring that HSBC\'s operations in HBAP INM WPB are effective in identifying, managing and mitigating Regulatory Compliance and Financial Crime Compliance. Provide advisory services to WPB covering Private Banking business in order to ensure clear understanding of compliance risk exposure with respect to clients, transactions and products. Maintain an effective control framework and to ensure compliance with all relevant external laws & regulations, internal codes and policies and good market practices. Articulate the Regulatory Compliance and Financial Crime risks for HBAP INM WPB Responsible for governance of Regulatory Compliance and Financial Crime risks exposures, providing analysis, reporting and governance to HBAP INM that is independent of the product and distribution team Assist the senior management of HBAP INM, the leadership of the Compliance function, and other colleagues on all material compliance related matters . Manage the relationship with relevant regulators on behalf of HBAP INM WPB Agree and oversee the implementation, embedding and monitoring of the adherence to the Compliance FIM and CMP risks stated in LoB FIM Assist the Head of Compliance Advisory, HBAP INM WPB in establishing and implementing strategic objectives and effective delivery of critical services to the Group / ASP related to Regulatory Compliance and Financial Crime risks Collaborate with internal stakeholders Help to create an environment where simplification opportunities are identified and executed throughout the business and supporting functions Responsible for the ongoing identification and execution of ideas and initiatives that simplify processes in order to enable business growth Principal Accountabilities: Impact on the Business Growth and profitability - assist in the implementation of the business plan for the geographic region to achieve established growth objectives To support relevant change programmes and implementation of all simplification opportunities across relevant business area Customers / Stakeholders Drive stakeholder interconnectivity Builds strong networks and relationships Strong stakeholder management Drives customer centricity to be at forefront throughout implementation of changes Escalation point for issues Leadership & Teamwork Present interventions to senior leaders at governance forums with clarity. Understand and incorporate challenges presented and provide solutions to move forward. Provide business insight and working practices to consultant teams Support the ongoing integration of Simplifying Growth through wider network rollout Maintain excellent working relationships across the GPB Business, particularly with the wider direct team Be an ambassador for Simplifying Growth, epitomise the core values of open, connected and dependable. Operate with the highest level of integrity at all times. Operational Effectiveness & Control To continually reassess the operational risks associated with the role and inherent risk in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructuring and the impact of new technology. To adhere to, and be able to demonstrate adherence to, internal controls To challenge existing control frameworks in line with Simplifying Growth initiatives Drive professional standards throughout the business Major Challenges The Business Manager must ensure that he/she is consistently focused on the components of the role that add day to day value to the business and supports in identifying, managing and mitigating Regulatory Compliance and Financial Crime Compliance risk.Any non-value added activities should be ceased or transferred to a more appropriate part of the team. Drives and motivates teams to continuously improve and develop Ensure compliance with all business management and operation objectives. Actively endorse and display expected HSBC & GPB cultural behaviours. Establish strong working relationships across Relationship Management, Products and Services, PBGB functional teams and the collective HSBC Group/HSBC Private Bank businesses generally. Leading continuous change at pace Be aware of all internal procedures and champion changes whenever they occur. As a key senior member, assist the Group in achieving a balance between the demands of regulators, external bodies and governmental initiatives and the Group\'s shareholders and customers in enacting compliance being alive to the political, management, regulatory and reputational implications of a particular decision and courses of action at a global level assisting executive management in the development of controls and systems and influencing the way in which the business is conducted in order to manage these risks, meeting Group risk appetite. The role is one where regulatory authorities have high expectations and is likely to come under scrutiny as part of any major regulatory investigation. Role Context Strong ability to execute role autonomously being aware of when to seek approval Strong ability to influence stakeholders and manage expectations Strong communication across all levels, gaining buy-in within region Significant knowledge of sector trends and regulatory environment Management of Risk The jobholder will ensure the fair treatment of our customers is at the heart of everything we do, both personally and as an organisation. The jobholder will also continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology. This will be achieved by ensuring all actions take account of the likelihood of operational risk occurring. Also by addressing any areas of concern in conjunction with entity management and/or the appropriate department. Observation of Internal Controls The jobholder will also adhere to and be able to demonstrate adherence to internal controls. This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators. The jobholder will implement the Group compliance policy by containing compliance risk in liaison with Global Head of Compliance, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer. The term \'compliance\' embraces all relevant financial services laws, rules and codes with which the business has to comply. This will be achieved by adhering to all relevant processes/procedures and by liaising with relevant teams about new business initiatives at the earliest opportunity. Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimising relations with regulators. Requirements Minimum of 5 years\' experience in banking and financial markets with exposure and experience in a relevant risk or audit profile Minimum of a BA/BS degree in Business Administration, Finance, Economics, or related field, or equivalent relevant experience. Significant experience as a regulator, or a senior compliance manager across all areas of Compliance risk within a global firm, in the financial services industry.Experience in providing coverage and advisory on compliance risk for Private Banking business is preferable. Highly organised and disciplined approach. Ability to lead team and support strategic initiatives Proven ability to work under pressure and within tight deadlines. Being comfortable with uncertainty. Track record of working effectively within global teams and within a matrix organisation. Highly developed influencing skills and the ability to interact professionally with managementat all levels. A good understanding of operational risk management. Highly capable in the use of MS Word, Excel and Powerpoint Strong communication (written and verbal), problem solving and prioritisation skills Ability to exercise sound judgment in decision making practices, offer pragmatic & effective solutions to complex issues Must possess effective presentation, interpersonal, negotiation, communication and analytical skills. Useful Link Link to Careers Site: Click You\'ll achieve more at HSBC. HSBC 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 The Hongkong and Shanghai Banking Corporation Limited, India

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