VP, Credit Impairment Analytics

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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 - Credit Impairment Analytics

Purpose of role:

• Leads a team of UK reporting operations responsible for end-end reporting activities that covers both external reporting (financial and regulatory reporting including BOE) and internal management information. The role manages supervision & business delivery of financial & regulatory reporting processes & ensuring timely submissions to UK regulators.
• This role entails the need to possess notable skills in communicating & engaging with multiple stakeholders across teams.
• The role-holder will ensure that HSBC fulfils all its external reporting requirements and provide guidance to HSBC Finance teams throughout the region in preparation and submission of financial and regulatory reporting requirements.

Principal responsibilities

• Provide end-to-end support in process ownership for preparation, review and assurance of all BAU reporting requirements (internal and external).

• Responsible for ensuring 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.
• Take measures to provide support in the delivery of reporting requirements to the PRA covering financial and regulatory returns, ensuring accuracy, and timeliness,  including ‘Ad Hoc’ regulator requests.
• Promote broader strategic initiatives across UK reporting including accountability, error & issue management, manual adjustments, variance analysis. quality assurance etc.
• Collaboratively working with various stakeholders for remediating the data quality issues, system issues, performing UAT’s on timely basis. Also, working towards automating/smoothening the reporting activities.
• Provide guidance to HSBC Finance teams in the preparation and submission of local and Group financial and regulatory reporting requirements.
• Interpreting new financial reporting regulatory financial reporting requirements, designing the associated external disclosures ensuring best practice and compliance with listing requirements and regulatory standards.

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, liquidity, FINREP, BOE, RWAs, Leverage, etc.
• Understanding of financial products and how they impact reporting requirement, and more generically the banking business, balance sheet and P&L.

• Experience in playing a key role in leading and delivering a complex change project in the Financial and Regulatory reporting space and / or track record of delivering continuous process improvements through technology and non-technology solutions.
• 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.

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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