Alcm Ops- Avp

2 weeks ago


Gurugram Haryana, India Winfort Full time

**Assistant Vice President ALCM Operation GSC's** : 0000IA3C

**Description**

**Business: Global Finance Operations**

**Open positions: 1**

**Role Title: Assistant Vice President ALCM Operation**

**GCB: 5**

**Location** **_(Country / City):_** **_Gurgaon_**

**Recruiter Name**:_Madhura Gupte_**

**Why join us?**

ALCM is one of the specialist functions within Global Finance Operations. ALCM in FinOps can be split into 2 distinct sub-specializations - Liquidity Reporting and Interest Rate Risk Risk in the Banking Book (IRRBB) reporting..

Liquidity Reporting is a vital component in assessing the bank’s vulnerabilities, determining liquidity and funding risk through various Basel metrices and thereby the resilience of the bank through improved risk management. As such, the role holder will operate within one of the most complex Finance and Risk management processes within the bank, with results driving liquidity positions & requirements and the potential to affect our reputation, curtail dividends and impact the share price. Liquidity Reporting is a strategic and regulatory priority with ever increasing expectations.

**The Opportunity**:
This role is part of the ALCM, Liquidity Reporting vertical. The key responsibilities for this role include:

- To produce and review Liquidity reports, which includes Internal Liquidity Metric, PRA 110, Liquidity Coverage Ratio (LCR) report, Net Stable Funding Ratio (NSFR) report, Additional Monitoring Metrics (AMM) report, ALCO packs and other liquidity reports viz. Depositors Conc, Term Funding etc.
- The role is also accountable for implementing new reports as per group framework and also for ensuring adherence of reports to the guidelines - internal & regulatory.
- Ensuring appropriate Reconciliation & Validation controls are in place and applied to maintain consistency of accounting processes across the submissions
- Aligns practices with existing other teams in ALCM to embed global processes and standard EUC’s
- Providing instructions and best practice guidance to regional and global business peers
- Documenting clear basis of preparation for each aspect of the consolidation process
- Transition of processes/activies basis Target Operating Model (TOM).

**Qualifications**

**What you will need to succeed in the role**:

- ** Qualified CA (Chartered Accountant)/CWA /CPA /CFA/ MBA (Finance)/ PGDBM-Finance with at least 8+ years of post qualification experience or commerce graduates with at least 10+ years of experience in accounting/financial reporting, management reporting, global consolidation, financial analysis within IFRS and IAS reporting framework**:

- ** Hands-on experience of Product Control reporting and reconciliation processes, or regulatory reporting**:

- ** Deep understanding of Balance Sheet**:

- ** Sound understanding of HSBC market products and line of business**:

- ** Strong attention to detail having strong analytical skills**:

- ** Good understanding of financial products and how they impact finance operations and more generically the banking business.**:

- ** Excellent working knowledge of MS related products i.e. Excel, Power Point, Access.**:

- ** Basic knowledge of SQL database (preferable).**:

- ** Knowledge of Finarch/ Moodys/ Big Data is a plus**:

- ** Experience in developing, documenting and reengineering processes.**:

- ** Strong communication skills and an ability to communicate complex ideas in a simple manner to a global audience.**:

- ** Ability to develop effective working relationships with stakeholders of different seniority and geographical location.**:

- ** Ability to manage the service delivery of a designated processes**:

- ** Excellent communication skills and presentation skills are mandatory, as are good tact and diplomacy, as the role requires relationship management with other individuals and teams within the HSBC Group**:

- ** Ideally, experience of leading and managing teams of between 2-4 members or experience of being a senior/deputy within a team**:

- ** Global Exposure: Ability to interact with multiple cultures / multi-tasking.**
- **
What you’ll do**:
**Principal Accountabilities: Key activities and decision making areas Typical Targets and Measures**

**Impact on the Business**
- To have a good understanding of GLRS systems viz. Moodys, Finarch and Big Data
- To provide sites with various liquidity monitoring reports viz. Wholesale Mismatch Report, daily LCR etc
- To produce and review ALCO pack to assist Asset Liability Committee (ALCO) in decision making related to liquidity adequacy, capital adequacy, structural funding profile, Interest rate risk in banking book, transfer price policy etc
- Understand business requirements and interpret data to provide meaningful analysis to facilitate business decision-making
- Analyse business performance and provide commentaries
- Acquire knowledge in banking/financial services
- Identify opportunities for development and drive changes independently