VP, Regulatory Reporting

Some careers have more impact than others.

 If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. HSBC is one of the largest banking and financial services organizations in the world, with operations in 62 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 realize their ambitions. We are currently seeking an experienced professional to join our team in the role of VP Regulatory Reporting

Location- Gurgaon and Chennai

Role Overview

• Deliver accurate, complete, and timely outputs for Regulatory Reporting.
• Ensure control requirements are documented, performed and sufficient evidence collated. Develop a deep understanding in various verticals across the regulatory reporting landscape (PRA).
• Participate in targeted reviews and deep dives to enable testing of calculation compliance for regulatory returns, including interpretation of key policies and understanding of operational implementation.
• Enhance and improve processes and remediate known issues identified during the BAU process impacting COREP Pillar 3 and external disclosures reporting for Group, as well as those from internal audit and s166 findings.
• Work closely with strategic change Programme (Basel 3 reforms and IRR (Integrity of Regulatory Reporting) as well as the Controls Office team, ensuring all issues are appropriately flagged and logged for remediation.

In this role, you will:

• Manage delivery of the Group’s PRA regulatory submissions emanating from various regulatory reporting domains including but not limited to CCR RWAs, CCR Leverage and Large Exposure reports consisting of COREP, PRA101, External disclosures, Pillar 2 and Pillar 3 disclosures. The specific responsibilities and focus areas will be tailored to the needs of the assigned role within the Regulatory Reporting team.
• Play a key role in the monthly and quarter end process to assist in review and challenge of the Group Assurance pack, Annual Report and Accounts, Pillar 3 disclosures and other artefacts in relation to CCR, Leverage and Large Exposure, where applicable. Engage with 2LOD/3LOD where necessary to lead and support any assurance reviews.
• Manage and support the control framework of the reporting process to ensure design and operational effectiveness on an on-going basis including but not limited to periodic reviews and appropriate documentation.
• Ensure timely and accurate submissions of regulatory CCR, Leverage/LER returns, in line with our risk appetite.
• Establish and maintain effective relationship with business areas/key stakeholders and identify areas of service improvements by implementing regular calls and feedback mechanism.
• Assess and escalate key reporting issues in an effective way to ensure timely resolution.

To be successful you will:

• ­Qualified CA, ICWA, CFA, ACCA, MBA (Finance) or Engineering degree with interest in Financial Services of over 12+ yrs of experience
• Deliver accurately in the face of stringent deadlines.
• Must have understanding on 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.
• Must have experience of regulatory and financial reporting frameworks such as Basel 3 reforms, CRR2, FRTB, BCBS, IFRS etc. and relevant regulatory changes in a global environment.
• Good understanding of financial products and general accounting principles, and more generically the banking business, balance sheet, income statement.
• Understanding of control frameworks and how to implement effective controls in practice.
• Working knowledge of tools such as Power BI, Tableau, Alteryx, Qliksense and other data visualisation and automation platforms.

You’ll achieve more at HSBC 

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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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