VP - HBEU Regulatory Reporting

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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 organisations 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 realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Vice President, Regulatory Reporting (Europe)

Business: Finance Function

Purpose of the role

• HCIB Regulatory Reporting Operations responsible for end-end reporting activities that covers both external reporting (financial and regulatory reporting including BOE) and internal management information.
• This role holder needs to possess notable skills in communicating & engaging with multiple stakeholders across teams and has responsibility towards RWAs, Capital, Leverage and other key regulatory reporting, ensure that HSBC fulfils all its external reporting requirements, delivering the IRR program and provide guidance to HSBC Finance teams throughout the region in preparation and submission of financial and regulatory reporting requirements.

In this role, you will: 

• End-to-end process ownership for preparation, review and assurance of all BAU reporting requirements (internal and external).
• Responsible for finalization of RWA’s (production) by ensuring the completeness of adjustments, reference tables, performing detailed analytical review, ensuring completeness for reconciliations and providing timely updates to management on key drivers.
• Attendance and challenge at governance sign off meetings providing assistance to the regional Financial Controller and HCIB Head of Reporting Operations.
• The delivery of reporting requirements to the PRA/ECB covering financial and regulatory returns, ensuring accuracy, and timeliness; including ‘Ad Hoc’ regulator requests.
• Work closely with strategic change programmes (Integrity of Regulatory Reporting) as well as the Controls Office team, ensure these outcomes are embedded into reporting
• External disclosures are fully compliant with listing requirements and relevant standards (e.g. IFRS) and are meaningful to the readers of the financial statements and other external publications.
• Understanding and implementation of control frameworks with continuous efforts ensuing adherence to controls framework and document the limitations, controls weakness in more timely and effective manner.
• Maintain strong collaborative working relationship across Group / HCIB Functions. Also, working closely with various stakeholders like Finance Change delivery, Business and Accounting and Regulatory Policy to understand, plan and deliver change initiatives including new reporting requirements.

To be successful you will: 

• Qualified accountant (CA/CMA/ACCA or equivalent) or MBA Finance from a reputed institute with 12-18 yrs. or M.com or equivalent degree with 15-20 yrs. experience in Regulatory/Financial Reporting/ Analysis.
• Experienced Finance Professional with a proven track record of delivering Regulatory Reporting or Financial Reporting obligations within a large-scale financial services entity.
• Strong technical understanding of requirements underpinning regulatory and/or financial reporting in areas like Capital, Regulatory Reporting, RWA calculations, Leverage, etc.
• Understanding of financial products and how they impact reporting requirement, and more generically the banking business, balance sheet and P&L.
• Strong ability to anticipate, identify and mitigate risks and apply appropriate controls over reporting processes.
• Experience in playing a key role in leading and delivering a complex change project in the Regulatory reporting space and / or track record of delivering continuous process improvements through technology and non-technology solutions.
• Ability to work in a dynamic environment with strong management, decision-making, problem-solving, and interpersonal skills including the ability to listen to and influence stakeholders at all levels, and to build consensus among a wide range of internal and external customers with conflicting priorities

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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