avp reg reporting

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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 AVP REG REPORTING

Business: Finance Function

Principal responsibilities

• SME for various aspects of PRA RWA Reporting across Pillar1, Pillar3, CoRep and STDF.
• 7 Years' experience in Regulatory Reporting around production, operational review, analytical review, commentaries and submissions.
• Proven track record of leading teams (~ 15) in the Regulatory functions.
• The quality of the Reports generated must be to a very high standard. The RWA reporting framework that exists is critical to the sustainability of HSBC's business
• Drive performance to agreed service levels and manage customers' expectations in a timely and professional manner
• Establish and maintain effective relationship with business areas and identify areas of service improvements by implementing regular calls and feedback mechanism
• Maintain high level of employee engagement.
• Effective communication with team members on organisational strategy and goals required for respective roles and responsibilities.
• Adherence to Group policies, audit, controls and compliance requirements. It is imperative that the role maintains a highly effective SOX-compliant control framework.
• Operational capability must be maintained all year round given the frequency of reporting periods (monthly plus additional requirements quarterly, half-yearly and annually).
• Continually assess the operational risks inherent to the process, taking account of operating procedures, staff movements, legal & regulatory requirements
• Any process re-engineering must comply with the applicable control environment
• Ensure BCP plan is documented, agreed with Business Partners and tested for all the processes as agreed

Customers / Stakeholders

• Regulatory Reporting team
• PRA/HKMA
• Other internal customers

Operational Effectiveness & Control

• Adherence to Group policies, audit, controls, and compliance requirements including but not limited to Declaration of secrecy, data protection act, health, safety and security, clear desk policy
• Effectively drive change and achieve cross-training
• The ability to work to a high degree of accuracy under pressure is important as during the reporting periods the team is required to meet tight deadlines.
• Ability to prioritize and plan work in an efficient manner.
• Ensure seamless delivery on all the process level activities within timelines and maintain high quality standards. Focus on controls and continuous process improvements.
• Understand Business Partner expectations / requirements ensure alignment to GFO objectives and deliver. Manage / Support business partner relationship effectively.

 Qualifications

• Qualified accountant (CA/ICWA) or MBA Finance from a reputed institute with 7-12 yrs. or M.com or equivalent degree with 12-15 yrs. experience in Reporting/ Analysis  
• Excellent communication skills, including experience of explaining complex technical matters simply and succinctly
• Good understanding on Retail and Commercial Products and NCCR calculation.
• Experience that demonstrates ability to learn and apply complex/technical rules/frameworks, for example Basel 2,  product/model valuation etc  
• Previous employment with a Financial Institution
• Experience working in/with an organisation that handles complex products (i.e. complexity of accounting, valuation, reporting, risk assessment etc)
• Experience of working with colleagues cross-border in a multinational organization
• Working/detailed knowledge of Operational framework/rules

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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