Job Description

The Opportunity:

• Via its industry-leading centres of excellence, RCAS delivers innovative assurance solutions for and on behalf of HSBC\xe2\x80\x99s Risk Stewards and peer assurance teams. RCAS vision is to be a best in class assurance provider, by providing insight on key risks that enables the safe and sustainable growth of HSBC\xe2\x80\x99s business and supports its social, corporate and regulatory responsibilities. RCAS believe this is best achieved through a diverse team and inclusive, high-performance and supportive working culture.
• Controls Assurance (CA) reports into RCAS, and is responsible for managing the assurance of key controls of critical business processes and specified non-financial and financial risks across the Group. This is achieved by building out a centralised offshore capability that will deliver agile, insightful and cost-efficient assurance. CA also provide a resource augmentation service to other assurance teams within the Bank, becoming a vehicle to effectively manage assurance costs and resources as a whole. Also, CA work hand-in-hand with the RCAS Automation and Analytics team to develop, test and deploy their Continuous Assurance objectives.
• CA is principally comprised of teams within Global Service Centres (GSCs) within India, China and Poland that deliver this assurance work, and are staffed with assurance specialists with expertise across the range of risks being covered.
• HSBC submits over 42k Regulatory Reports and Notifications globally, across a number of regulators. These reports vary in complexity, frequency, financial and reputational impact, and extent of external supervision. Magnus is the Programme mobilised to address the control environment and define the future operating model surrounding the process producing the Regulatory Reports and Notifications globally.
• RCAS, via its CA sub-function, is also being tasked with providing a significant degree of group-wide assurance over the controls supporting, or referenced within, material external disclosures.
• This role will support the Head of Disclosures Assurance, RCAS CA in development of a Disclosures Assurance team responsible for delivering the controls supporting material regulatory reporting obligations assurance. This team will report into CA, but be separate and distinct from other CA teams testing controls relating to material financial and non-financial risks and critical business processes. This will allow for dedicated, specialised assurance in these respective fields..

Role context

• This role holder will support the Head of Disclosures Assurance, RCAS CA in development of a Disclosures Assurance team responsible for delivering the controls supporting material regulatory reporting obligations assurance.
• The job holder may be required to lead and manage a team of assurance staff, whom will cover all business lines, functions and geographies.
• The job holder will be responsible for ensuring that the allocated requirements of the assurance plan are met, providing risk stewards, control owners and senior management with up to date information regarding the effectiveness of key controls to mitigate material risks within the organisation.
• The job holder is required to work with considerable autonomy, dealing with major issues for which there is no clear cut solution while still being able to provide judgment, direction and recognise when to escalate, as appropriate.
• The job holder is expected to interact with internal stakeholders at all levels in the GSCs, on-shore regions/countries or even at group level.

Requirements
What you will need to succeed in the role:

• Minimum of 5 years proven experience in financial services compliance, testing, audit and/or legal management experience or equivalent.
• Good understanding of banking financial and non-financial risks, and the aptitude to learn about new and emerging risk types.
• An innovative and forward-thinking mindset, and a proven ability to question, evaluate, and improve existing business processes and adequacy of information.
• Experience working with a global team and creating and working to global standards of quality.
• Minimum Bachelor\xe2\x80\x99s degree in related field such as business, finance, law or equivalent experience; Master\xe2\x80\x99s degree preferred.
• Requires understanding of the changing regulatory landscape regarding Risk and Compliance functions within the banking industry.
• Project and/or change management skills is advantageous.
• Fluent in both oral and written English.

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