Senior Assistant Compliance Manager

Our purpose – Opening up a world of opportunity – explains why we exist. We’re here to use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our 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 and our communities.

Purpose of the role: Develop the economic capital model, risk appetite, stress testing frameworks and independent review of large and higher-risk transactions. Monitor risk profiles and emerging risk issues. Analyse Portfolio and report internally and to regulators
• Deliver proactive and more consistent management and oversight of regulator relationships globally/regionally/country
• Identify and oversight of material compliance "upstream" and "downstream" regulatory developments, supporting the Group to address regulatory change
• Implement and manage the infrastructure to support the development and maintenance (including dispensations from) Risk Compliance (RC) and Financial Crime Risk (FCR) policy (and associated documents) in the Group's Global Standards Manual and RC and FCR owned FIMs
• Act as an Subject Matter Expert (SME) in respect of the Group RC and FCR lead on regulatory engagement, ensuring that the Group maintains full oversight of all relevant engagement with the group's most significant regulators globally. "Regulatory Engagement" for these purposes includes meetings, visits, reviews, thematic work, investigations, enforcement activities, reporting, information provision, correspondence and similar and whether of a regular, recurring or ad hoc nature
• Ensure that the respective Regulators' agendas and requirements are understood, communicated and met; with the intention of there being "no surprises" in the Group's engagement with Prudential Regulation Authority (PRA) and FCA
• In conjunction with the Head of Regulatory Engagement, support relevant management (within RC and FCR functions) and at HSBC Group Management Services (HGMS) level in their engagement with the Group's material, regulators and especially PRA and FCA, including preparation of Briefing Notes and attendance at meetings as and when required
• Monitor regulatory engagement trends of regulators and provide updates, reporting and guidance as appropriate/required
• Where requested, counsel senior management on engaging with regulators and provide specialist expert support on Regulatory Engagement
• Be a subject matter expert within the Compliance function in managing the engagement with regulators
• As required, provide guidance to the Regions/Country/Global Businesses regarding regulatory engagement trends/developments which may affect them
• Discharge the relevant accountabilities as set out in the Group Standards Manual and Compliance FIM
Skills
•    Critical skills are highlighted in Green
•    Government Policy, Policy Planning, Public Policy Development, International Business, Risk
•    Management, Banking, Banking Activities, Policy Implementation, Policy Management
•    Compliance Management, Compliance Reporting, Monitoring Compliance, Banking
•    Regulations, Economic Regulation, Legal Compliance, Regulatory Audits, Regulatory
•    Compliance, Regulatory Affairs, Regulatory Bodies, Regulatory Communications, Regulatory
•    Documents, Regulatory Filing, Regulatory Processes, Regulatory Reporting, Regulatory Risk
•    Management, Regulatory Standards, Regulatory Submissions, Provide Legal Advice, Lobbying
•    Operational Risk Management

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