HSBC Group

If you are a UK or CIIOM based employee, please apply using the following link which will take you to our new Recruitment System: https://performancemanager.successfactors.eu/sf/jobreqpvt?jobId=4612&company=hsbcholdin&st=31CBFBC6CC25277D2FF6B8FB15B57789CEA4BE89

If you’re looking to take an exciting new direction with your HSBC career, an internal move can open the door to many opportunities, allowing you to take on a new challenge, and develop your skills. Bring your knowledge of our brand to a new role and grow yourself further.

The People function facilitate talent management, succession planning and employee mobility while defining and overseeing frameworks that support employee performance management, reward, learning and development, resourcing and engagement.  

A move across the business allows you to continue to access tailored professional development opportunities, and our fantastic benefits packages.

We are currently seeking an individual to join the team in the role of Executive Compensation Specialist.

The role provides an opportunity to shape HSBC’s response to the expected changes in the remuneration rules by the PRA/FCA and an opportunity to work in a complex global organisation with exposure to multiple regulatory requirements.

The role is part of the Group Compensation team, with the opportunity to take on other reward projects to build knowledge and experience.

In this role you will:

•    Ensure reward policies comply with the remuneration requirements under the PRA/FCA remuneration rules as applicable to banks, asset management and insurance firms.
•    Lead and manage, along with the Group Risk team, the bi-annual material risk taker identification for the UK regulated entities and the employee communication process 
•    Lead and manage preparation of the annual Remuneration Policy Statements, year-end regulatory submissions and Pillar 3 disclosures.
•    Be a central point of contact for teams in other regions as a specialist on remuneration regulations and advise colleagues locally and globally on employee compensation queries.
•    Partner with colleagues locally and globally to prepare board/remuneration committee papers, design of bespoke remuneration plans and ensure streamlined delivery of regulatory compensation submissions and external reporting.
•    Lead and coordinate the Group’s responses to consultations on remuneration regulation matters.
•    Work closely with internal stakeholders to ensure effective implementation of governance processes on regulatory requirements as part of annual pay review process.
•    Assist with the development of control and assurance procedures to help ensure compliance with both internal and external global standards on reporting and controls.

To be successful in this role you should meet the following requirements: 

•    Deep understanding of executive remuneration and financial services regulatory issues impacting the UK is essential, including relevant legislation in this field (e.g. PRA/FCA Remuneration Codes (covering dual-regulated firms, UCITS, AIFMD and MIFIDPRU), EBA Guidelines on sound remuneration).
•    Strong practical experience of preparing, reviewing and submitting UK regulatory reporting requirements for remuneration is essential, including Pillar 3, Remuneration Policy Statements, High Earner and Benchmarking Reports.
•    Ability to ensure that deadlines are appropriately planned for and met, particularly in a pressurised and deadline driven environment.
•    Ability to communicate complex information in a succinct and credible manner, both orally and written, directly with Senior Management.
•    Excellent Excel skills with the ability to deal with and analyse large sets.

The base location for this role will be London and with a hybrid working pattern.

If you are an HSBC Contractor and wish to apply to this role, click here.  

To support you with putting your best foot forward for our internal opportunities, you are invited to take advantage of our CV and Interview workshops, hosted by our Talent Acquisition team. To find out more and register to attend please click on this link.

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.

We take pride in being part of the Disability Confident Scheme. This helps make sure you can be interviewed fairly if you have a disability, long term health condition, or are neurodiverse.

If you’d like to apply for one of our roles and need adjustments made, please get in touch with our Recruitment Helpdesk:

Email: hsbc.recruitment@hsbc.com
Telephone: +44 207 832 8500.

You can find out more about the recruitment journey and what to expect by viewing our Recruitment Process FAQs in HR Direct and by clicking here (only available via internal access).