Job Description

Some careers shine brighter than others.

If you're looking for a career that will help you stand out, join HSBC and fulfil your potential. 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.
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 of

Manager - Regulatory Reporting

In this role, You will:

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 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. Support delivery of regulatory transformation initiatives and support roll out of strategic projects such as IRR (Integrity of Regulatory Reporting) and Basel 3 reforms. Monitor regulatory developments and prepare a framework to assess compliance with regulatory framework on an ongoing basis. Partnering closely with Group Regulatory policy, Finance Change, Risk and other teams to implement regulatory changes. Support internal and external auditors assessing the compliance of reporting framework. Manage and document policy interpretations and judgements applied within the regulatory reporting framework. Establish and maintain effective relationship with business areas/key stakeholders and identify areas of service improvements by implementing regular calls and feedback mechanism

To be successful you will:

Graduate position - either 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. Adherence to Group policies, audit, controls, and compliance requirements including To continually assess the operational risks inherent in the processes, taking account of changing operating procedures, staff movements, legal and regulatory requirements, management restructures, and the impact of new technology Ensure process documentation and procedure notes are in place and updated regularly - these should contain procedures to meet minimum control requirements. Ensure assurance process to validate completeness and accuracy of outputs are well understood and documented

You'll achieve more when you join HSBC.

www.hsbc.com/careers

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."
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