HSBC Group

Business: Finance Solution Group (FSG)

Open positions:1

Role Title: FSG Consultant GSC’s

Global Career Band: 5

Location (Country / City ): India- / Chennai / Hyderabad

Recruiter Name : Kiran

Why join us?

• Global Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our global team of finance professionals’ partner with the business to provide trusted insights and forward looking analysis; accuracy; efficiency and control to frame and influence business decisions.
• To support this purpose Global Finance are establishing an internal consultancy to effectively and efficiently support critical transformation program, delivering maximum value for Global Finance. To achieve this Global Finance are building Capability Streams who will focus on specific financial skillsets required by the organization.

The Opportunity:

• To support this purpose Global Finance are establishing an internal consultancy to effectively and efficiently support critical transformation programs, delivering maximum value for Global Finance. To achieve this Global Finance are building Capability Streams who will focus on specific financial skillsets required by the organization.
• To achieve this, the FSG are looking to recruit a Consultants in the Financial Accounting / Regulatory Reporting Capability. This position would be a good match for those with either a degree in a finance related discipline or those with experience working within Finance or related functions.
• The successful candidate will help Global Finance build these capability streams and support the development of consultants within this area. The Consultants within the FSG will benefit from on the job coaching and development from the Senior Consultants and Capability Lead, as well as learning that has been developed specifically for HSBC Global Finance.

What you’ll do:

Consultants will be expected to:

• Develop SME knowledge in Financial Accounting / Regulatory Reporting
• Provide SME inputs into the change programs/BAU processes to which they are assigned.
• Escalate any risks identified on their assignments and work with the team and stakeholders to resolve any challenges that may impact agreed outcomes.
• The role will provide the successful candidate the opportunity to build their SME knowledge across a wide variety of potential opportunities across BAU and Change programs, gaining experience and exposure to different senior stakeholders
• The role requires a commitment continuous learning and a curious nature, to challenge existing processes and identify opportunities for improvement across Global Finance
• We encourage diverse profiles to apply for this role to create an inclusive workplace. We believe that a good working environment values the individual and group differences within its work force. It enables us to embrace the diversity of backgrounds and perspectives of the employees, which in turn increases their talent, innovation, creativity and contributions

What you will need to succeed in the role:

• Experience relevant to role is preferred (GCB5), or a degree in a relevant discipline (GCB 6)
• A good understanding of Regulatory Reporting/ Capital Reporting/ Liquidity Reporting/ Tax OR Knowledge of the Period end close, regulatory changes & other process risks/challenges is desirable
• A base level understanding of financial products and how the global environment in which HSBC operates impacts pricing strategies, the banking business, balance sheet and P&L.
• A working knowledge of the PRA rules/requirements (or another local regulatory body) and ability to implement/operationalize those rules and articulate any operational risk associated with adoption/implementation
• Understanding of control frameworks and how to implement effective controls in practice
• Ability to deal with and analyses unstructured problems and queries and to question and challenge existing procedures
• Good understanding of the Balance sheet reconciliations & substantiation control process and to be able to mitigate accounting risk in the process.
• An understanding of the Group Financial Reporting Process and Standards e.g. IFRS FinRep
• An understanding of the key financial risks to which Banks are exposed e.g. Credit Risk, Market Risk etc.
• Ability to develop effective working relationships with stakeholders of different seniority and geographical location
• Understanding and interest in how new technology may be leveraged to improve Accounting Practices across the Organisation

What additional skills will be good to have?

• Strong written and oral communicate skills (English plus local language of country where the role is located).  Ability to communicate complex ideas (e.g. relating to transactions/adoption of policies) in a simple manner to a global audience.
• Multiple stake holder management experience
• Project work experience

Link to Candidate User Guide:

https://hsbchrdirect.service-now.com/nav_to.do?uri=%2Fhrsp%3Fid%3Dkb_article_preview%26sys_id%3D0c6b11641b6a9810cec0553a2d4bcb2a

(Or)

Go to the below link and type “IND GSC : IJP Applicant User Guide” in search bar. https://hsbchrdirect.service-now.com/hrsp?id=hrdirect_employee_dashboard

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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