Manager, Global Regulatory Policy and Advisory
London, GB, E14 5HQ
If you’re looking to take an exciting new direction with your HSBC career, an internal move can open the door to many opportunities, allowing you to take on a new challenge, and develop your skills. Bring your knowledge of our brand to a new role and grow yourself further.
Our Risk and Compliance function has a critical role to play in supporting, challenging and advising across all areas of the business through establishing policy, monitoring profiles, and identifying and managing forward-looking risk and compliance. We focus on creating an environment that encourages our people to speak up and do the right thing, as well as protecting our customers, the organisation and the integrity of the financial markets in which we operate. Already an industry-leader in many respects, we want to continue setting standards and evolving to respond to strategic changes.
We are currently seeking an experienced individual to join this team in the role of Manager, Group Regulatory Policy & Advisory.
The Global Regulatory Policy and Advisory team is a global team responsible for the provision of guidance on regulatory policy interpretation, business advisory, and regulatory and industry engagement. The role is required to provide regulatory analysis and advice for the group, focussing on traded risk within prudential regulation framework (current and future rules).
As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.
In this role you will:
- Provide subject matter guidance and thought leadership on regulatory policy and interpretation of the traded risk prudential framework for both current and future rules.
- Provide traded risk regulatory advisory support to key internal stakeholders in the business and to supporting functions in risk and finance (including change functions and programmes).
- Provide business transaction policy support and advice.
- Meet regulatory demands from the Prudential Regulation Authority (PRA) including supporting the senior management attestation, thematic reviews, information requests and Dear Chief Risk Officer (CRO) letters.
- Support the group with regulatory permissions, notifications, etc.
To be successful in this role you should meet the following requirements:
- Strong working knowledge of the prudential regulation framework for traded risk, ideally including knowledge of capital requirements for counterparty credit risk and/or Credit Valuation Adjustment (CVA) risk. (a quantitative background is not required).
- A solid background in prudential regulatory policy and/reporting gained through experience with financial services institutions, consultancy or regulator.
- Ability to interpret and apply complex regulatory requirements to banking products and transactions and communicate this clearly to relevant stakeholders.
- Proven experience in developing, maintaining and reviewing high-quality regulatory documentation, ensuring compliance with internal and external requirements.
- Excellent written and verbal communication skills, with the ability to influence and build trust at all levels of the organisation.
The role is based in London or Edinburgh, Hybrid.
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:
Email: hsbc.recruitment@hsbc.com
Telephone: +44 207 832 8500