Assistant Vice-President- Recovery and Resolution Planning

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HSBC is one of the largest banking and financial services organizations 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 realize their ambitions.

We are currently seeking an experienced professional to join our team in the role of Assistant Vice-President- Recovery and Resolution Planning

Purpose of the role

This role supports the strategic Recovery and Resolution Planning (RRP) team. The Recovery and Resolution Planning (RRP) team is the custodian of the Group Recovery and Resolution Strategy (and any local requirements), which includes the management of our capabilities to recover from severe stress and if unsuccessful our ability to be resolved and restructured in an orderly way.   The role is responsible for providing high quality, timely and accurate, information, analysis and reporting to support our three main deliverables: Recovery and Resolution Planning (RRP) Governance and Strategy, RRP Restructuring and Management Actions, Recovery and Resolution Planning (RRP) Management and Delivery. The role will also support strategic changes to improve our planning including efficiencies and improvements in Recovery and Resolution Planning (RRP). The role holder will be aligned to the Global Recovery and Resolution Planning (RRP) Office supporting the Management and Delivery team in delivering the HSBC Group or Regional & Legal Entity regulatory requirements.  The role will entail: Developing the management action standards, controls and documentation to support the identification, design and validation of management actions, and maintaining these in line with regulatory expectations. Proactive stakeholder engagement with peers and senior management across Functions, Global Business Lines and Legal Entities to ensure the management actions standards and controls are adhered to and the completeness, accuracy and credibility of all management actions. Supporting management in enhancing, maintaining and testing the Recovery and Resolution capabilities. Assist the development and maintenance of the Group Recovery Plan (GRP) and local plans for submission to regulators Supporting Management and Delivery Lead on of the gathering and writing process of required plans and reports. Coordinating, tracking progress and managing actions around the Recovery and Resolution Planning (RRP) Management Committee, which reports into the Group Risk Management Meeting (GRMM). Help review and challenge submissions and the capabilities maintained within businesses, functions and legal entities to support submissions. Supporting the delivery of annual process to reassess potential financial interdependency barriers to resolution. In addition, there will be a need to support across the full scope of Recovery and Resolution Planning (RRP) activities, and to demonstrate collaboration and flexibility irrespective of activity alignment, to meet Recovery and Resolution Planning (RRP) priorities and required deadlines. 

In this role, you will:

• Support the accurate and timely Management Information (MI) and ad hoc Reporting to Global Treasury in the centre, regions or Legal Entities, maintain strong collaborative working relationship with agreed stakeholders. Works to ensure that the outputs are of a high quality, reflecting accepted regulatory policy and standards with transparent and robust control procedures that withstand internal and external scrutiny

• Risk, Liquidity or Capital expertise and knowledge – to help drive explain and commentary. Proactively manage and improve the quality and consistency of information. Manage Recovery and Resolution Planning (RRP) outputs in a timely and accurate way ensuring collaboration with information providers. Maintenance of HSBC’s good standing and the confidence of the regulators in HSBC’s practices. Accurate and timely production of Management Information (MI), plans and ad hoc reports to Global Treasury within Regions or Legal Entities.

• Effective analysis and commentary, effectiveness of the UAT when involved in MI testing, driving an Management Information (MI) /analytics vision to support the business, positive feedback from core business stakeholders. Delivery of high-quality analytical review and assurance of management actions and other reporting
• Support and provide advisory and reporting support to Global treasury to improve and complete Recovery and Resolution Planning (RRP) reporting, maintain collaborative relationships of mutual trust and respect with internal customers / stakeholders, adhere to data governance standards
• Drive reporting and data quality in partnership with Central, Regional or Legal Entity Recovery and Resolution Planning (RRP) office and Fin Ops, support delivery of key business requirements through projects and BAU. Support and respond to regulatory requests as required and manage relationships and inputs from all areas of the bank

• Professional relationships are always maintained with the internal stakeholder. Successful delivery of Management Information (MI) reporting to internal stakeholders and ownership and responsibility for the quality of the data reported. Positive feedback from key internal stakeholders.

• Support the overall performance of the team to ensure we meet the challenges of internal and external demands. Support colleagues across teams and functions sharing ideas, knowledge and supporting initiatives. Strong collaboration with Fin Ops

• Strong interpersonal skills, value added beyond immediate targets, teamwork with both operations and FCD team. Participation in leading Management Information (MI) delivery for projects – providing vision and direction

To be successful you will:

• Relevant HSBC product knowledge and system knowledge, Postgraduate/graduate with deep experience preferably in Treasury or Finance regulatory areas. Experience in report writing and governance management
• Organised and works well to deadlines, experience in gathering complex information and presenting the information in a digestible manner, Experience in data quality management and remediation
• Strong data/Systems background or a strong risk data or regulatory reporting background is essential, strong data mining and analytical skills, including hands on experience in managing large volumes of data with a proven ability to interpret and comment on data issues
• Extensive knowledge of risk regulations, Excellent interpersonal and communication skills, both written and oral
• Strong data analytical skills, Personal presence and able to command respect at a senior level, Strong ability to identify and mitigate risks and apply appropriate controls
• Experience delivering to internal stakeholders such as internal auditors; business functions; etc.
• Proven experience of project delivery, utilising relevant tools and techniques to ensure consistent delivery
• Commercially minded and ability to make decisions in a timely manner

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.”

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