Role purpose
Regulatory Management deals with regulators and / or regulatory developments affecting the Bank, and in particular as they relate to Compliance risks, which include and are not limited to:
• Regulatory Engagement: Delivering proactive and more consistent management and oversight of regulator relationships globally/regionally/country
• Regulatory Development: Identification and oversight of upcoming and in train material regulatory compliance developments, supporting the Group to address regulatory change.
Principal Accountabilities and Responsibilities
- Act as an SME in respect of the Compliance supported regulatory engagement, ensuring that the region and the country maintains full oversight of all relevant engagement with the regulators. For these purposes, the manager of Regulatory Affairs supports meetings, visits, reviews, thematic work, investigations, enforcement activities, reporting, information requirements, correspondence, and any of ad hoc nature.
- Provide updates related to outcomes of regulatory engagements.
- Support the delivery of Regulatory Affairs strategic projects.
- Contribute to the formalization and maintenance of the Compliance portfolio of regulatory development and change themes, to be agreed as the demand requires. Ensure the effective hand-off to the Risk Stewards within Compliance to enable them to provide 2nd LoD oversight of implementation of regulatory change
- Engage with and support consultation responses, lobbying and wider industry discussion and similar work in relation to material regulatory developments, working collaboratively with other relevant internal stakeholders, and internal representatives in the Mexican Banking Association.
- Perform follow up and provide support on the implementation of regulatory changes.
Functional Knowledge
- Deep understanding of:
- Regulators globally and their agenda / approach
- Regulation globally as applicable to a global systemically important financial institution
- HSBC organization and governance structure
- Design and coordination of processes; and
- Stakeholder management.
- Typical qualifications would include an undergraduate or post-graduate degree in Business Administration, Finance or a related field, or a Legal, Accounting or Corporate Secretary professional qualification.
- Ability to manage people effectively.
- Excellent interpersonal skills: ability to project authority, negotiate effectively and influence others.
- Excellent time and project management skills, including the ability to handle multiple outputs simultaneously.
- Ability to work in a fast-moving, high-pressure environment.
- Strong analytical skills.
- Outstanding commercial acumen.
You’ll achieve more when you join HSBC!
At HSBC we offer our colleagues a greater number of days so that they can fully enjoy their wedding, take care of the new member of the family, or grieve the loss of a family member. Our paid leave package is at the forefront in Mexico, now you have one more reason to be HSBC and proudly live a culture of well-being, balance and care
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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