Senior Assessor Calculation Compliance

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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 Senior Assessor – Calculation Compliance

Business: Finance

Location- Hyderabad and Chennai

Principal responsibilities

• Responsible for reviewing adherence of complex calculation logic with the regulatory rules and HSBC Policy determinations.  Engage with policy SMEs as required.
• Provide direction to the Analyst to support the review of calculation documentation readiness.
• Define test data scenarios and expected test results for Analysts to prepare detailed test scripts.
• Detailed review of test results to determine whether the NMC is compliant with the regulatory rules and HSBC Policy determinations.
• Identify findings where the regulatory rules and HSBC Policy determinations are not being met.
• Documentation of formal Assessment Reports, highlighting the key findings with ownership assigned for remediation that is tracked at appropriate governance forums.
• Manage activities within the pod to enable effective and timely assessment and the mitigation of risk including delivery to plan and raising progress blockers on a timely basis.
• Manage team of Assessors and provide direction to support the formal Calculation Compliance Assessments.
• Lead the training and upskilling of new hires to the team.
• Provide written reports and verbal summaries or explanations of work undertaken to relevant stakeholders.
• Work closely with multiple change teams and business functions, such as Regulatory Reporting or Group Policy. 
• Contribute to the ongoing refinement of the business-as-usual operating model, proactively working towards enhancing existing artefacts, procedures, assessments and methods of stakeholder engagement.

• Experience of 12-15 yrs in Regulatory Reporting
• Demonstrable understanding of one or more regulatory rule areas and the application of those rules
• Working knowledge of HSBC businesses and products and the regulatory reporting environment.
• Strong verbal and written communication skills and the ability to convey subject matter expertise in a specific area to a wide audience including senior stakeholders.
• Ability to clearly articulate findings where the regulatory rules and HSBC policy determinations are not being met which requires explanation of complex technical issues.
• Team leadership and people development skills.
• The role holder should be able to quickly understand the end-to-end process and implications of the NMC for assessment, in the context of regulatory requirements for the calculation.

• Prior experience in providing direction and support to team members on reporting deliverables.

You'll achieve more at HSBC

HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role."

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