HSBC Group

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 - HBUK Regulatory Reporting 

Principal responsibilities

• Production and finalization of (NCCR) Non counterparty credit risk, Risk weighted asset (RWA) in Finance on the cloud (FOTC) and analyzing period on period Risk weighted asset and Excess EL variances and preparing the consolidated commentary to support the internal review and sign off process. 
• Production and finalization of Capital and leverage exposures for PRA reporting. Reconciliation between various systems/ templates/ cross functions.
• Submission of PRA101, COREP own funds, Leverage, STDF (Actuals), Pillar 2 on periodic basis to PRA. Also, required to contribute to external disclosures like Pillar3 and Annual reports and accounts.
• Preparation of senior management Review & challenge (sign off packs) to obtain sign off from business heads (CFO& CRO) for Regulatory/external reporting purposes. Supporting ad-hoc analysis and ensuring timely submission of management reports and statutory reports to different stakeholders.
• Understanding of control frameworks and how to implement effective controls in practice. Continuous efforts required ensuing adherence to controls framework and document the limitations, controls weakness in more timely and effective manner.
• Collaboratively working with various stakeholders for remediating the data quality issues, system issues, performing UAT’s timely basis. Also, working towards automating/smoothening the reporting activities.
• Assists the Head of Reporting Operations in developing a deep pool of talent with understanding of technical financial and regulatory pronouncements.
• Provide understanding of how technical accounting and reporting translates into operational processes. Promote a culture of continuous innovation, challenge the business on approach and apply knowledge of relevant latest developments.
• Adopt new ways of working such as Agile, particularly in respect of change activities, and encourage the adoption of new technology within the reporting teams.
• Working closely with various stakeholders like Data Operations, Finance Change delivery and Accounting and Regulatory Policy to understand, plan and deliver change initiatives including new reporting requirements. 

• Qualified CA (Chartered Accountant), MBA (Finance) or Engineering degree with interest in Financial Services
• Understanding of how to review large data sets and draw out strategic insights as well interpret data and identify trends/anomalies particularly in the context of business, macro-economic or Regulatory drivers, as well as the ability to work quickly & accurately to tight deadlines.
• Knowledge and/or interest in Asset Liability Management, FSA Reporting, and relevant regulatory changes in a global environment advantageous
• Understanding of control frameworks and how to implement effective controls in practice.
• Working knowledge of Banking systems and understanding of relevant regulatory reporting framework preferred but not essential
• Good understanding of financial products and general accounting principles, and more generically the banking business, balance sheet and income statement preferred but not essential
• Strong attention to detail and being solution oriented.
• Excellent working knowledge of MS related products i.e. PowerPoint, Excel.

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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