Head of Regulatory Compliance, CIB Advisory and Policy Advisory

If you’re looking for a career that will help you stand out, join HSBC, and fulfil your potential - whether you want a career that could take you to the top, or an exciting new direction, we offer opportunities, support and rewards that will take you further.

We’re one of the largest banking and financial services organisations in the world, with a network that covers more than 50 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Head of Regulatory Compliance, CIB Advisory & Policy Advisory

The Risk and Compliance function is a Second line of defence (LOD) function, responsible for reviewing and challenging the activities of the Group’s businesses (also referred to as “the First LOD”) to ensure that they effectively manage as “Risk Owners” the risks inherent in or arising from the conduct of their activities and for which they are responsible. The Second LOD consists of 'Risk Stewards' who are independent of the commercial risk-taking activities undertaken by the First LOD. The Risk and Compliance function is a Risk Steward for a number of non-financial risks in accordance with HSBC Group’s risk framework.

The Head of CIB RC, Advisory & Policy Advisory is responsible for ensuring that HSBC’s operations in CIIOM are effective in identifying, managing and mitigating Regulatory Compliance risks. To support CIB line management to ensure that all business is conducted in accordance with the letter and the spirit of all applicable laws, rules, regulations, codes of practice, Global Standards Manual and Compliance Section of the Global Risk FIM.

As an HSBC employee in the Channel Islands and Isle of Man (CIIOM) you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all employees, enhanced parental and adoption pay and support when you return to work, and a non-contributory pension scheme with a generous employer contribution.

In this role you will:

• Articulate the Regulatory Compliance risks for CIB and support CIB line management to ensure that all business is conducted in accordance with the letter and the spirity of all applicable laws, rules, regulations, codes of practice, Global Standards Manual and Compliance Section of the Global Risk FIM
• Provide advisory services to the CIB business in order to ensure clear understanding of compliance risk exposure with respect to clients, transactions and products
• Be responsible for second line governance of Regulatory Compliance risks exposures, providing analysis, reporting and governance to CIIOM that is independent of the first line of defence, thereby maintaining an objective assessment of risk exposure
• Assist the Head of Regulatory Compliance, CIIOM and relevant senior management of CIIOM, and other colleagues on all material compliance related matters and support the CIIOM CIB Regulatory Compliance team, establishing guiding principles and achieve operational objectives
• Influence a large area of regulated activity in a functional manner across a number of internal departments and governance committees to ensure the overall environment in which supported entities operate is fully compliant by taking a pro-active and innovative approach to risk management
• Fostering good relationships with local regulators and external bodes, t and act as one of the Primary Regulatory Contacts in Guernsey Supporting the process for Compliance policy implementation and working with Compliance Risk Stewards to oversee gap analysis and successful implementation
• Supporting the oversight and development of CIIOMs approach to Conduct Risk, working with Risk Stewards to increase awareness of Conduct Risk and embed the Group approach to Conduct Risk management

To be successful in this role you should meet the following requirements:

• Robust level of Compliance and financial services knowledge and experience, including knowledge and practical experience of Group policy regarding CIB and the related CIIOM legislation/orders/codes of practice and the ability to apply this effectively and independently and as part of the team
• People management experience and the ability to motivate personnel in a challenging and constantly developing environment is desirable
• Ability and drive to raise standards and regulatory compliance culture across the businesses
• Experience of markets and company/corporate conducted within either a CIIOM or Offshore environment
• Experience of managing relationships with regulators and auditors
• Strong interpersonal skills, including confidence and ability to interact and negotiate with executive and senior management and at all times being solution focused and commercially aware, as well as good oral and written communication skills
• Proven analytical and reporting skills, together with the ability to support decisions with sound reasoning and to articulate verbally and in writing, potentially delivering unwelcome messages to mitigate regulatory risk.
• Experience in a regulated position such as an MLRO and/or DMLRO

Opening up a world of opportunity.

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best.

If you have a need that requires accommodations or changes during the recruitment process, please get in touch with our Recruitment Helpdesk via hsbc.recruitment@hsbc.com