Assistant Analyst 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 Assistant Analyst Calculation Compliance

Business: Finance Function

Principal responsibilities

• Responsible for reviewing adherence of calculation logic with the regulatory rules and HSBC Policy determinations for less complex NMCs. Engage with policy SMEs as required.
• Work with Analysts to review readiness of calculation documentation for assessment.
• 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.
• Contribute to the production of formal Assessment Reports, highlighting the key findings with ownership assigned for remediation that is tracked at appropriate governance forums.
• 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.

Qualifications

• Demonstrable understanding of one or more regulatory rule areas and the application of those rules in NMCs.
• 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.
• Ability to clearly articulate findings where the regulatory rules and HSBC policy determinations are not being met which requires explanation of technical issues.
• 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.

What additional skills will be good to have?

• Be able to thrive in a dynamic, expanding team to deliver on concurrent deliverables and share knowledge.
• Experience in an Audit, Controls or Regulatory Reporting function within a large financial services organisation.

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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