Manager- Finance Operations

Job Title: Manager- Finance Operations

Purpose of the role  

• Managing Regulator’s expectations for delivery of Regulatory and Stress testing reporting with high standards is a key focus area for the bank. The job holder will need to collaborate across Policy, Risk, Change and other Finance teams to assess the compliance of regulatory rules to meet these expectations. The role requires maintaining high standards of documentation and compliance assessments with no margin of error, meeting internal and external audit and regulatory expectations consistent with our market-leading reputation for transparency and quality. The seamless delivery of Regulatory reporting is at the core of this role, supplemented by a drive to innovate and improve the quality of our deliverables and reduce operational risks.

In this role, you will:

The main responsibilities of this role are:

• Manage delivery of the Group’s PRA Stress testing monthly, quarterly and annual reporting
• Preparation and review of regulatory reporting artifacts comprising of RWA, ECL as per EU and UK regulatory requirements.
• Manage regulatory change including interpretation of new regulatory requirements, ensuring systems are developed to meet new requirements and are fit for purpose.
• Support delivery of regulatory transformation initiatives and support roll out of strategic projects such as Cloud and Basel 3 reforms.
• Monitor regulatory developments and prepare a framework to assess compliance with regulatory framework on an ongoing basis.
• Provide SME support to reporting teams and stakeholders in the regulatory reporting processes.                                                                                                                
• Partnering closely with Group Regulatory policy, Finance Change, Risk and other teams to implement regulatory changes.
• Support internal and external auditors assessing the compliance of reporting framework.
• Manage and document policy interpretations and judgements applied within the regulatory reporting framework

To be successful you will:

• Qualified accountant (CA/ICWA) or MBA Finance from a reputed institute with experience in Regulatory Reporting for a multi-national bank or top tier consulting firms
• Fair knowledge of Capital and RWA regulations for reporting and calculations across all frameworks
• Understanding of the UK & EU prudential regulatory framework
• Experience that demonstrates ability to learn and apply complex technical rules or frameworks such as Basel 3, CRR2, ITS, and EBA reporting
• Ability to understand complex technical rules and apply them to systems, data and processes to determine impact on regulatory reporting outputs
• Good problem solver with well-developed analytical skills
• Excellent all-round communication skills
• Deep experience of a range of business and operational processes across the breadth of the financial services environment controls
• Experience delivering to multiple internal stakeholders etc
• Commercially minded and ability to both make decisions in a timely manner
• Proven ability to influence across functions, geographies and businesses

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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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