The UK RFB/WPB Risk & Compliance VP Business Manager provides WPB and UK RFB Risk & Compliance CoS with dedicated, forward thinking financial and operational management support. The role holder takes a leading role in ensuring the smooth running of the function through proactive management and oversight of all aspects of the budget and direct cost management. The individual will be required to share best practice globally, influence stakeholder teams in a positive manner, and manage a regional team.
In this role, you will:
Financial Management - management of the UK RFB & WPB Risk & Compliance budget:
Oversight of the UK & WPB Risk & Compliance budget
Development of FRP and tracking actuals
Anaplan knowledge to maintain Forecast through regular updates from golden source data.
Forecasting via Anaplan to identify challenges in meeting targets incl. headwind reporting
Manage a robust financial plan to enable effective delivery of Risk & Compliance services
Review and escalation of out of plan needs ($ and FTE)
Management and tracking of consultancy approvals and spend
Work closely with Global R&C to ensure delivery of benefits and ongoing tracking
Management and tracking of all internal third party activity and spend eg indirect recharges
Work closely with Entity and LoB to ensure they have transparency on the services and costs associated with the function
Handling complex operational demands and develop sustained processes to strengthen financial & resource management and supporting reporting capabilities
Own the third party management budget for UK RFB & WPB Risk and Compliance incl vendor management and oversight
To be successful you will:
Considerable experience of financial and business planning and management within an international banking environment or within HSBC
Good understanding of external banking environment - regulatory, political and competitive
Detailed understanding of the HSBC Group Operating Model across all Global Businesses
Strong awareness and understanding of HSBCs internal control and operational risk environment
Excellent understanding of the purpose, values, culture and fundamental framework of Compliance, as well as the broader HSBC organisation.
Experience
Demonstrated results in delivering success and results in terms of budgetary management, resource management, financial planning and executive reporting.
Demonstrated results in delivering performance improvement, successfully applying innovative thinking.
Demonstrated experience in managing customer and stakeholder issues in a matrix organizational context
Global project management experience.
Experience of line management and management of shared services resources in a similar matrix environment
What additional skills will be good to have?
Skills
Excellent collaboration and communication abilities to effectively work with other colleagues and stakeholders
Good leadership and motivational skills
Excellent analytical skills, particularly financial.
Good business and commercial awareness
Proactive and resilient in a dynamic and constantly changing international environment.
You'll 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."
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Issued By HSBC Electronic Data Processing (India) Private LTD
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