Job description

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. 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.

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. 

We are currently seeking a high calibre professional to join our team as a Senior Manager Financial and Regulatory Reporting.

Principal Responsibilities

  • Leading robust, timely and compliant preparation of all required submissions for the Hong Kong based legal entities (and the Macau Branch if any)
  • The end-to-end management of statutory reporting across the HK insurance group, including Group reporting (IFRS), Local statutory reporting (HKFRS), and regulatory reporting (primarily to the Hong Kong Insurance Authority, the Bermudian Monetary Authority and the Monetary Authority of Macau). Tax returns and other similar reporting also falls within the remit of the team, supported by subject matter experts across HSBC
  • Leading the preparation of all governance papers including to the entity Board (quarterly), Audit and Risk committees (quarterly), and Executive Committee (monthly), with all finance matters to be communicated in a clear and concise manner
  • Robustly reviewing current reporting practice and procedures, identifying areas for continuous improvement, and then facilitating change including working closely with the business (Investment, COO, Products and Distribution and other teams) where required
  • Leading on the IFRS accounting changes as well as all regulatory and strategic business developments relevant to these entities
  • Working with the respective Investment and Strategy teams in a finance SME capacity to provide insight and analysis on Group investment / acquisition mandates, including the acquisition of property for the property portfolio and the acquisition / divestment of business interests
  • Maintain robust controls over all aspects of financial reporting (internal and external)
  • Second line of defence over financial reporting; providing quality and documented challenge through HSBC’s ARCC control processes, while proactively managing instances where any first-line control failures impact financial & regulatory reporting
  • Maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators
  • Understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which the jobholder is involved, specifically Internal Controls and any Compliance policy including, inter alia, the Group Compliance policy
Requirements
  • Significant experience and expertise in the management of financial and regulatory reporting processes
  • Knowledge and understanding of major technical components of the insurance financial statements and their dynamics will be highly advantageous, ideally combined with a familiarity with a range of life insurance products and accounting frameworks, including embedded value measures
  • Experience from partnering closely with senior management in finance, and the wider business
  • Proven leadership ability and team working skills, ideally in an international environment
  • Excellent communication skills and written English, with the ability to manage multiple stakeholders, both internal and external, and conflicting priorities
  • Strong sense of risk management and controls
  • A mind set of continuous improvement and aiming for excellence
  • Strong academic background
  • Professional accounting qualification and significant post-qualification experience

You’ll achieve more when you join HSBC. 
http://www.hsbc.com/careers

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Issued by The Hongkong and Shanghai Banking Corporation Limited.