Irr Traceability Sme

-Job description**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 **IRR Traceability SME**

**Business: Global Finance**

**Principal responsibilities**

**Impact on the Business/Function**
- Design and drive operationally effective IRR control standards for all in-scope risk types, workstreams and processes
- Maintain strong, collaborative working relationships across Finance, Risk and other stakeholder groups.
- Disseminate information around expected business and reporting impacts, and key Programme decisions and issues.

**Typical Targets and Measures**
- Consistent control uplift delivery across in-scope risk types, workstreams and processes
- Maintenance of HSBC’s good standing and the confidence of the Regulators in HSBC’s practices
- Facilitation of key decisions and the resolution of issues in a timely manner.

**Customers / Stakeholders**
- Engage, inform and advise the programme sponsors
- Inform and advise the Finance ExCo on the delivery commitments and facilitate senior executive decision making, including regional CFOs
- Work with senior stakeholders across Finance & Risk to ensure direction of IRR is fully understood and syndicated
- Work with DBS to ensure requirements are understood and delivery is appropriately prioritised.

**Support delivery programme teams in regards to**:

- Specification of requirements
- Estimation of time and resources required
- Roadmap and milestones
- Prioritisation
- Support wider IRR programme

**Typical Targets and Measures**
- Sponsors have a clear view of programme portfolio and progress
- Delivery teams have clarity on requirements and roadmap
- Upstream dependencies understood and accepted
- Feedback from sponsors and stakeholders is positive

**Leadership & Teamwork**
- Ability to sponsor change and influence others.
- Collaboration across Finance and with other Functions/Global Businesses involved in the programme.
- Identify and influence the deployment of appropriate Finance staff members on the programme.
- Actively manage talent, leadership development and succession planning
- Drive and lead a high performance culture through effective people management activities
- Act as a role model for the Bank’s Values and Behaviours and cultivate an environment that supports diversity and reflects the HSBC brand
- Clearly communicate progress, issues and successes

**Typical Targets and Measures**
- Effective collaboration across Finance, Risk and other stakeholder teams.
- Timely and appropriate programme decision-making, with related communication and/or escalation
- Balance programme requirements with development opportunities for staff members.

**Operational Effectiveness & Control**
- Ensure implementation of effective and efficient operating model, process and controls.
- Ensure execution of operational risk assessment of new processes
- To continually reassess the design decisions and inherent operational risks, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.

**Typical Targets and Measures**
- Champion the usage of the Group’s Change Framework.
- Participation in Operational Risk Assessments carried out as appropriate.
- Effective and efficient process and controls implemented
- Proactive assessment of changing landscape, including regulatory publication

**Major Challenges**
- IRR is dependent on in-flight change initiatives to deliver the Controls uplift. The role holder does not have to manage these programmes but has to cultivate a strong partnership and influence with each delivery programme. Requires ensuring planned delivery from each programme combines into a coherent IRR delivery for each reporting type and remaining alert to impact of delivery programme decisions.
- Balancing IRR objectives with delivery of new regulatory requirements in a cost-constrained environment
- Managing potentially conflicting agendas, priorities and timelines across functions and dependent programmes, as well as across geographic and regulatory jurisdictions
- Balancing functional requirements and delivery commitments within the realities of legacy global IT architecture
- Delivering a significant change initiative in a cost-effective manner, driving a simplification agenda

**Role Context**
- Role is based in Global Finance and interfaces with other areas of Global Finance, Risk and DBS
- Ability to navigate and influence at s