Head of Regulatory Compliance, CIIOM

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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, enhanced parental and adoption pay and support when you return to work, and a non-contributory pension scheme with a generous employer contribution.

The Compliance function is a second line of defence (2LoD) function, responsible for oversight and challenge of the activities of the Group’s businesses (first line of defence or 1LoD), to ensure they effectively manage as “Risk Owners” the risks inherent in, or arising from, the bank’s products and services.

We are currently seeking a professional individual to join this team in the role of: Head of Regulatory Compliance

The Head of Regulatory Compliance for CIIOM is the senior accountable executive responsible for ensuring that HSBC’s CIIOM’s operations are effective in identifying, managing Regulatory Compliance risks.  The Head of Regulatory Compliance for CIIOM oversees all regulated entities within CIIOM for Regulatory Compliance purposes.

In this role, you will:

• Lead all aspect of Regulatory Compliance (RC) for HSBC CIIOM, including identification of relevant policy triggers, co-ordination of policy design and implementation approach, and monitoring and implementing RC policies. Working with Risk Stewards to increase awareness of Conduct Risk and embed the Group approach to Conduct Risk management.
• Provide subject matter expertise for the purpose of setting policy, providing guidance and advising the businesses and functions on their risk management of compliance risks with respect to clients, transactions and products.
• Manage the relationship with relevant regulators on behalf of CIIOM, and ensure regulatory reporting is performed effectively and on a timely basis.
• 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 defense, thereby maintaining an objective assessment of risk exposure.
• Act as the trusted advisor and exercise risk steward challenge to 1LoD and CIIOM Executive Committee (Exco) on all regulatory compliance risks and related reputational issues involving CIIOM.

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

• Significant experience as a regulator, or a senior compliance manager across all areas of Compliance risk within a global firm
• A proven background in banking specifically from within compliance, risk and/or audit is essential
• To have held a leadership position, ideally within Compliance, with exposure to building, developing and leading a team and managing within a complex matrix environment.
• An individual who excels under pressure, is an avid team player, adept at communicating with a variety of stakeholders and who isn’t afraid to challenge when appropriate
• Knowledge of the Group’s Risk Governance, Risk Management Framework and Financial & Non-Financial Risk Policies and Issues

The location for this role is, Jersey

For further details and application information please click “Apply”

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