Avp - Finance Operations

**Some careers have more impact than others.**

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Assistant Vice President** Finance Operations**.

Business: Finance

** Principal responsibilities**

- End-to-end process ownership for preparation, review and assurance of all BAU reporting requirements (internal and external).
- Responsible for finalization of RWA’s (production) by ensuring the completeness of adjustments, reference tables, performing detailed analytical review, ensuring completeness for reconciliations and providing timely updates to management on key drivers.
- Attendance and challenge at governance sign off meetings providing assistance to the regional Financial Controller and HCIB Head of Reporting Operations.
- The delivery of reporting requirements to the PRA/ECB covering financial and regulatory returns, ensuring accuracy, and timeliness; including ‘Ad Hoc’ regulator requests.
- Work closely with strategic change programmes (Integrity of Regulatory Reporting) as well as the Controls Office team, ensure these outcomes are embedded into reporting
- External disclosures are fully compliant with listing requirements and relevant standards (e.g. IFRS) and are meaningful to the readers of the financial statements and other external publications.
- Understanding and implementation of control frameworks with continuous efforts ensuing adherence to controls framework and document the limitations, controls weakness in more timely and effective manner.
- Maintain strong collaborative working relationship across Group / HCIB Functions. Also, working closely with various stakeholders like Finance Change delivery, Business and Accounting and Regulatory Policy to understand, plan and deliver change initiatives including new reporting requirements.
- Promote broader strategic initiatives across HCIB reporting including accountability, error & issue management, manual adjustments, variance analysis. quality assurance etc.
- Collaboratively working with various stakeholders for remediating the data quality issues, system issues, performing UAT’s on timely basis. Also, working towards automating/smoothening the reporting activities.
- Adopt new ways of working such as Agile, particularly in respect of change activities, and encourage the adoption of new technology within the reporting teams.
- Provide guidance to HSBC Finance teams in the preparation and submission of local and Group financial and regulatory reporting requirements.
- Interpreting new financial reporting regulatory financial reporting requirements, designing the associated external disclosures ensuring best practice and compliance with listing requirements and regulatory standards.
- Work closely with strategic change programmes (Integrity of Regulatory Reporting) as well as the Controls Office team, ensuring all issues are appropriately flagged and logged in Helios.
- Responsible for delivering a Regulatory reporting traceability framework and execution approach in alignment to the IRR control standards and design requirements

**Leadership & Teamwork**

- Embed a culture of teamwork within the team and with other teams across and the wider organization.
- Management (planning and coordination) of the entire disclosure and reporting process.
- Management of professional development of team personnel.
- Provide technical expertise and reporting leadership for the reporting teams.
- Feedback from management team as appropriate. Appropriate recruitment, training, on-boarding and career development.

**Others**:
**Operational Effectiveness & Control**

- Pro-active approach to process improvement and query resolution.
- To continually reassess the operational risks inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.
- To implement the Group Compliance Policy by containing compliance risk in conjunction with the relevant compliance department. The term ‘compliance’ embraces all relevant laws, rules and codes with which the business has to comply.
- Manage regulatory and compliance matters and the management of operational risk within the reporting teams.

**Major Challenges**

- The increasing burden of new accounting, regulatory and disclosure requirements within extremely tight timelines.
- The complex nature of the Group and the emerging and sometimes divergent and ad-hoc ways in which management wishes to review and disclose t