Job description
Some careers open more doors than others.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
HSBC Life in Singapore is the combination of AXA Singapore and HSBC Insurance. Here you can specialise in Insurance but enjoy the advantages that come with being part of a leading global international bank.
Insurance is about people, and the promises they make. At HSBC Life in Singapore we help deliver on these promises by providing a wide variety of life insurance products and services to our clients throughout the Asia-Pacific region. Our employees enjoy a dynamic and innovative workplace and a world of opportunities to develop their careers in a high-profile growing business segment. We empower our combined team of high-performing individuals to build skills and explore new experiences to realise the full potential of being part of HSBC.
Together we will pursue efficient ways of working. We will harness the latest data and technology solutions to achieve meaningful outcomes for our clients. And the protection we offer will create broad and lasting impact, helping clients to be healthier, more productive and more confident in their futures. to be healthier, more productive and more confident in their futures.
We are currently seeking a high calibre professional to join our team as a Vice President, Product Control and Disclosures, Finance.
Principal Responsibilities
- Working as part of the wider financial reporting team supporting the implementation of new accounting practice and changes, as well as reporting disclosure requirements including, but not limited to:
- Leading narrative on external disclosures from a Finance perspective
- Driving the changes to financial reporting in line with the sustainability agenda, from a business unit, group and regulatory perspective
- Supporting the provision of IFRS17 and statutory reporting
- Leading narrative on external disclosures from a Finance perspective
- Responsible for supporting the wider Finance Reporting Risk and Control framework by:
- Managing and coordinating of product approval papers from and a finance perspective. Including the provision of an accounting opinion in line with IFRS17 principles and MAS basis. This includes collaboration within finance and non-finance functions
- Liaising with Finance teams to ensure that all key risks are identified, mitigated, and monitored by an appropriate control environment that is commensurate with risk appetite
- Supporting on evaluating and assessing the accounting impact of new product launches and changes to product features
- Proactively identifying and communicating risks which could pose financial reporting impact, working with the respective finance teams to mitigate
- Managing and coordinating of product approval papers from and a finance perspective. Including the provision of an accounting opinion in line with IFRS17 principles and MAS basis. This includes collaboration within finance and non-finance functions
- Building effective working relationships within the Finance and with Actuarial team at both a local and group level.
- Required to engage regularly with other stakeholders including second line Risk function and first line Product and Compliance teams, to ensure strong communication and timely resolution of issues
- Support in production of updates to relevant governance committees. There will be a requirement to prepare formal governance papers for assurance review committees, for example product approval, local Executive and Audit Committees.
Requisitos
- Eight to ten years of relevant working experience in the Finance function
- Experience in Financial reporting in the insurance industry would be preferred
- Understanding of core principles of IFRS17 beneficial
- Strong communication and interpersonal skills to work with a diverse group of colleagues at different levels
- Possess good understanding of SOX, audit, compliance and risk requirements
- Ability to adapt to changing business circumstances at pace is required
To be considered for this role, the relevant rights to work in Singapore is required.
You’ll achieve more when you join HSBC.
www.hsbc.com/careers
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Issued by The Hongkong and Shanghai Banking Corporation Limited.