HSBC Group

Business: Global Finance; Group Treasury; Capital Management

Open positions: 3

Role Title: AVP, Capital Management Reporting and Control, Global Treasury GSC's

Global Career Band: GCB 5

Location (Country / City ) : India/Gurugram/Bangalore

Recruiter Name :  Kiran

Why join us?

• Post-crisis, and in particular with the implementation of Basel III, capital has become a scarce resource and the capital management processes have needed to evolve to reflect this.  Capital planning, optmisation and performance are now an integral part of Finance Processes, including Financial Resource Planning and stress testing.  Effective capital management, planning and forecasting requires successful co-ordination of activities across a wide range of stakeholders against frequently tight timetables, the ability to work collaboratively with other teams within Finance while providing an effective review and challenge, the ability to place the capital plans within a commercial context and identify opportunities for improvement, and clear communication of the outcomes.

The Opportunity:

• This is a unique and exciting opportunity to be part of analytics team within Group Treasury, Capital Management. The role holder will have the opportunity to understand and work on many disciplines, including the projected capital adequacy involving Capital ratios/requirements, Leverage, Double Leverage, Holdings Capital Buffer, MREL (minimum requirements for regulatory instruments and other eligible liabilities), for both internal and external BAU reporting and supporting Stress testing scenarios. Role holder will add value, by implementing processes and controls which improves internal and external reporting which ensures we efficiently use capital, thus providing the business with opportunities for investment or increased shareholder returns. Role holder will support the delivery and maintenance of the IRR control remediation and uplift as part of the IRR-PRA program.

What you’ll do:

• The role holder be a part of Group Treasury within the Capital Management team and will work across number of disciplines within Group Capital Management, and report to the Treasury Senior Manager, Capital Management Reporting and Control. Role holder will work very closely with Group Capital Management colleagues in the UK, Europe, Americas, Middle East and HK and the IRR Programme delivery team.

Key responsibilities will include:

• Responsible for timely and accurate production, quality control and submission of internal reporting and external regulatory report(s) or disclosures.
• Performing control activities during report production, periodic reviews of those controls, and design of controls for new reports.
• Escalation of any identified issues to the relevant Report Owner.
• Identifying improvement opportunities through automation or streamlining of production processes.
• Assist in production of the internal reporting and external reporting requirements, including actuals and capital forecasting;
• Design and embed controls in BAU and maintain artefacts going forward.
• Produce and maintain process and control documentation.
• Identify control gaps & log issues.
• Assist in the review and challenge local capital plans;
• Provide Support in assessment and articulation of risks to capital;
• Working with the wider Capital management team to ensure plans reflect impacts of capital initiatives and regulatory change, and to identify further opportunities;
• Ensuring that the outputs are of a high quality, reflecting accepted regulatory policy and standards.
• Other initiatives within the Capital Management team, as required.  These may focus on capital efficiency, capital performance, Group ICAAP, ad-hoc analysis or be broader in nature.

What you will need to succeed in the role:

• We are looking for an individual who has knowledge of accounting/financial reporting, capital requirements or has experience in analytics within financial services. More specifically,
• Finance/ treasury/ risk background, with knowledge of accounting/financial reporting, capital requirements and market risk.
• Experience working in relevant environments, i.e. banking and relevant market/context, i.e. Capital management, Capital reporting, regulatory experience, PRA experience.                   
• Experience with regulatory reporting processes and risk and control assessments.
• Understand the risks and the need for process and control documentation requirements for regulatory reporting processes or equivalent (such as Sox standards or internal or external audit experience)
• Understanding of banking products and how they relate to capital requirements.
• Excellent English communication skills, both written and verbal. 
• Experience of preparing concise overview and presenting information to senior management.
• Ability to work with, co-ordinate and influence a wide range of stakeholders.  Experience of working with regulators an advantage.
• Good understanding of, and ability to pro-actively manage, risks.
• Able to deliver to tight deadlines, react quickly when required.
• Appetite to seek opportunities and work beyond the immediate boundaries of the role.
• A broad understanding of financial budgets/statements/models, with experience of analyzing data effectively for planning, forecasting and reporting.
• Qualified ACA /CA/ Management Accountant / MBA / CFA with experience in Finance, Treasury, Corporate Finance and Banking. Significant operational experience (e.g., 6-8+ years) within Treasury/Capital Planning or Financial Reporting will be advantageous.

What additional skills will be good to have?

• Knowledge of software development and ideally some experience in coding.

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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