Job description
Some careers grow faster than others.
If you’re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. 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.
Regulatory Compliance ensures adherence to applicable regulations and standards by setting the policies which cover HSBC’s regulatory requirements, and mitigate conduct and reputational risk issues. The team strives to remain ahead of the regulatory change agenda and ensures the business understands the implications and is prepared for change. It monitors how the Global Businesses and Functions manage their responsibilities with regard to complying with the regulations and helps resolve compliance deficiencies.
We are currently seeking a high calibre professional to join our team as a Senior Vice President, Regulatory Compliance.
Principal Responsibilities
In this role you will
- Support the Singapore Regulatory Compliance team in maintaining an effective control framework to comply with all relevant rules and regulations, with a primary focus on the Corporate and Institutional Banking (CIB) business, including Capital Markets and Advisory services.
- Act as a strong partner to the business to help them achieve their business strategy and growth plans, in a safe and sustainable manner.
- Provide advice and training to the business to ensure clear understanding of relevant regulatory requirements.
- Exercise robust risk stewardship over the business and its activities, including providing independent review and challenge to promptly identify regulatory compliance issues for remediation.
- Escalate significant regulatory compliance issues to senior management on a timely basis.
- Oversee the implementation of and adherence to regulatory compliance policies by the business and provide the relevant support and challenge accordingly.
- Stay at the forefront of regulatory changes impacting the business and provide strong support by developing appropriate policies and frameworks to manage the changes, including through proactive engagement with business stakeholders and providing the relevant training.
Requirements
To be successful you will need
- Experienced regulator or regulatory compliance officer in corporate and institutional banking, including investment banking.
- Excellent communication and interpersonal skills, with experience dealing with regulators or banking executives at all levels.
- Strong understanding of various regulations including Banking, Securities and Futures, Financial Advisory and Payment Services, as well as relevant regulations applicable to Investment Banking (e.g. Takeover Code, Monetary Authority of Singapore (MAS) Notice on Business Conduct Requirements for Corporate Finance Advisers), and how they are intended to be applied to different businesses, products and services.
- Ability to develop practical and cost-effective solutions to complex issues.
- Must be able to work both as a team player and independently, depending on circumstances.
- A legal or formal accountancy qualification or professional background in a relevant risk or audit discipline.
Opening up a world of opportunity
http://www.hsbc.com/careers
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Issued by The Hongkong and Shanghai Banking Corporation Limited.