Vice President Risk and Compliance Assurance

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.

The US Assurance (Assurance) role reports into SVP, US Assurance, USA and is responsible for risk-based monitoring and testing of processes and outcomes of First Line of Defence (1LOD) activities to provide assurance that the business is operating in line with relevant laws, regulations, principles, and HSBC Group standards and policies and to ensure that HSBC maintains effective compliance controls. They also lead deep-dive and thematic reviews on issues, opportunities and/or strategic change.

Principal activitives: 

• Lead assigned assurance reviews end-to-end (planning/scoping, fieldwork/testing, reporting, issue management) to ensure timely, high-quality execution
• Develop actionable review strategies to assess whether business controls meet requirements
• Provide effective 2LOD challenge of 1LOD risk and control activities, including assessing residual risk and coverage gaps
• Identify potential compliance issues arising from the Bank’s business activities using SME regulatory compliance knowledge
• Produce clear review reports for key stakeholders, including ratings, owners and actions
• Contribute to risk-based assurance planning with relevant Risk Stewards
• Partner with automation/analytics specialists to enable forensic testing and analysis of large data sets within reviews
• Support consolidated MI on monitoring and review outcomes for senior management

Functional Knowledge

• Strong knowledge of markets trading and investment banking products, rules and regulations; strong understanding of institutional banking businesses (products, operations, systems, structures)
• Awareness of regulatory compliance requirements for Bank, Swap Dealer and Security-Based Swap Dealer legal entities
• Experience in Swap Dealer and Broker Dealer compliance control testing

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.