HSBC Group

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We are currently seeking an experienced professional to join the India Finance Strategy Execution team.

Job Introduction: 

The purpose of this role (Finance Chief Control Officer) is to work within the Finance Strategy and Execution team which supports the below responsibilities, in alignment with the goals, objectives and strategy set by the Country CFO,

 Regional CFO and Regional Finance Head of Strategy and Execution.

• Support operational running of Country Finance function
• Delivering change initiatives and driving process excellence
• Monitor, analyse & control costs for Finance function
• Ensure a robust control framework aligning with approved Governance structure for Finance

The jobholder is expected to be aware of the group Financial control and Sarbanes-Oxley (SOX) requirements and the constant changes to them and also have basic accounting controls and reconciliations knowledge.

Principal Responsibilities:

Chief Control Officer (CCO)      

• Conducting Risk and Control Assessments (RCA) - To support Risk Owners through proactive advice based on risk and control knowledge and insights and present risk management solutions where appropriate.
• Preparing Risk and Control Dashboards to enable the business articulate the risk profile of the business/service/process.
• Monitoring and publishing Data Quality reports to promote accountable Risk and Control decision-making.
• Publishing Heat Risk Maps to actively identify trends to anticipate future developments in the risk and control environment and to enable Enterprise risk Reporting. Liaising with Risk and Control owners to seek updates on issues and their top down view on Risk and control environment. Updating Risk Map system with risk rationales and comments received from the Risk Owners. To seek updates on Top and Emerging risks and review comments / reverts received from Risk Owners
• Monitoring of open issues to assess risk exposure and to follow up with issue and control owners for timely closures.
• To be the secretary and conduct Finance governance forum (India Finance Risk & Control Management Forum (IFRCMF))      
• Monitoring and following up with control owners on timely closure of continuous monitoring plans (CMP) in Helios   
• FLOD Reviews to challenge poor, inefficient or excessive controls, related tasks and behaviors and challenge Control Owners on the design and implementation of control monitoring to confirm it is fit for purpose.
• Perform read across for all High / Material issues and take proactive control measures to mitigate risk
• Adhoc Non-Financial Risk (NFR) Related advisory activities. 

Delivering change initiatives and driving process excellence 

• Drive and deliver change initiatives across the Finance function
• Work with risk and control owners to simplify process, transform them using digital tools and drive process excellence with robust controls.

Business Information Risk Office (BIRO) 

• Accountable for maintaining End User Computation (EUCs) on new SNOW system and providing guidance to EUC owner’s on control assessments and on revised EUC procedures.
• Physical/Floor access review, NAS Drive access recertification, External Email certification.
• Managing Business Continuity Plans (BCP) on BIM Systems for Finance. Managing End point Encryption and Systems recertification.
• Managing guiding staff on Data Loss Prevention (DLP).

Third Party Risk Officer (TPRO) 

• Managing providing guidance on internal and external outsourcing related activity on systems lie Riskflo & Archer.
• Service Recipient Owner (SRO) Delegate. Reviewing with respective department to ensure that activity assigned to India Finance is actually valid and can be added to our service agreements with region
• Guiding and managing Annual Outsourcing attestation and providing support ad hoc outsourcing requirement.

Data Record Coordinator (DRC)

• Managing Department Record Retention Schedule (DRRS) review. Attending meetings with CDO on annual DRRS refresh.

• Bachelor’s degree in Accounting or Finance (or a related discipline) with Post Graduate Qualifications highly regarded
• Greater than 10 years working experience in Banking / Finance industry
• Knowledge of advanced digital tools such as Power Query, Alteryx, Xceptor, Python, etc.
• Strong interpersonal skills with proven ability of excellent stakeholder management, working effectively across teams and problem solving
• Ability to work effectively under pressure with competing and rapidly changing priorities
• Ability to develop cohesive working relationships with stakeholders at all levels of seniority, including supervisory and coaching relationships with team members
• Strong communication skills – applicable through multiple channels (written, spoken, workshops, presentations)
• Self-motivated requiring minimal supervision
• Demonstrate detailed understanding of financial data flow and processing needs
• Be able to identify possible gaps (e.g. potential sources of risk) in financial processing systems
• To be adept at monitoring operational risk, ensuring appropriate resolution strategies are in place, and identifying and implementing solutions/processes needed to minimise risks relating to Finance 

HSBC is 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.

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Issued by The Hongkong and Shanghai Banking Corporation Limited, India

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