Job description
Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.
Regulatory Development roles ensure the effective management of regulatory developments affecting the Bank, or in development and implementation of Regulatory Compliance (RC) policy. Early identification and assessment of regulatory developments and their potential impact to the bank is a key activity.
The remit may range from a small geographic area/country to global for a Function or Global Business Line.
As our Head of Regulatory Development, you will:
Regulatory Development: identification and oversight of material Enterprise-wide compliance "upstream" and "downstream" regulatory developments, supporting the US to address regulatory change
Manage the relationship and engagement with Regulators on all matters relevant regulatory developments for the Enterprise
Ensure that the respective Regulators' agendas and requirements are understood, communicated and met; with the intention of there being "no surprises" in the engagement regulatory bodies
Ensure the completeness and accuracy of the US Enterprise Regulatory library, including change control processes
Confirm the timely reporting and escalation of new/changes in regulatotry requirements, including completion of applicability assessments, oversight of action plans development by risk stewards, completion of certificates of implementation. This role requires ongoing communication with all risk types regarding regulatory developments to confirm timely implementation
Ongoing monitoring and reporting of Key Risk Indicators for the function
Ability to lead a team of resources in the US and other remote locations
Capable of negotiating effectively and influence others towards a common objective
Strong drive for problem solving and collaboration in day – to – day activities as part of the team
For this role, HSBC targets a pay range between $141,300.00 and $211,900.00
The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.
At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.
Requisitos
You´ll likely have the following qualifications to succeed in this role:
Functional Knowledge
Solid understanding of US regulatory requirements, including those related to federal, state and securities requirements
Preferable Project Management experience with a focus on Compliance, Risk Management, or similar matters
Experienced in Financial Services, Investment or Consulting firms
Core Skills
Ability to manage, negotiate effectively and influence others
Strong analytical and problem-solving skills
Strong collaboration, communication, and stakeholder management skills
High level of professional and personal integrity
In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.
As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!
All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.