Assistant Vice President GSC’S

2 weeks ago

Bengaluru, India HSBC Full time

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.

The role holder's responsibilities include, but are not limited to:

Support the Head of Regulatory Affairs in managing the Group’s risk in relation to UK regulatory developments relevant to the Compliance function. Identification and oversight of material compliance "upstream" and "downstream" regulatory developments, supporting the UK to address regulatory change. Work collaboratively with the wider UK RA team, the Global RA Team and the European/Wholesale RA teamto monitor, assess and support relevant stakeholders in dealing with regulatory developments affecting the Group and its activities. Discharge the relevant accountabilities as set out in the Group Standards Manual and Compliance FIM, including establishing relevant policies, procedures, systems and controls in relation to identifying, impact assessing, allocating ownership for, reporting on and responding to UK regulatory developments. Provide Compliance advice on regulatory developments in the UK. Proactively engage with and support consultation responses, lobbying and wider industry discussion and similar work in relation to material UK regulatory developments and work collaboratively with other relevant internal stakeholders within the GLEU RA and where relevant with other key stakeholders including for example the Legal function, Financial Sector Policy Unit and Regulatory Development specialists in other Global Functions. Assist the Head of Regulatory Affairs deliver timely and quality reporting on UK regulatory developments including a summary of key risks and issues to the Regional and where appropriate Global Business Line RA teams and to all relevant stakeholders, including Compliance and management teams and wider Group management as required. Continually enhance and improve reporting and coordination of the compliance response on UK regulatory developments and support Head of Regulatory Affairs in the provision of reports to UK management (RMM) and the HBUK and other UK Boards. Develop and implement regular channels of communication for the sharing of information and best practices between RA and wider Compliance team members in relation to regulatory developments. Ensure appropriate reporting of relevant regulatory developments occurs at all levels of the UK Businesses to allow an overall view of the Group’s exposures to its material regulatory change to be obtained and the developments themselves to be managed appropriately. Support the Regulatory Development team in conjunction with other members of the Compliance function in participating in UK regulatory change driven projects. Identify, implement and then ensure appropriate use of systems to record, monitor and report on regulatory developments. Own relevant systems from an SME perspective and proactively work to develop them. Requirements

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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