Job description
Business: GBM-MSS Ops-Regulatory Reporting
Open positions: 1
Role Title: Regulatory Reporting Analyst
Global Career Band: 7
Location: Bangalore
Recruiter Name: Joyita Basu
Why join us?
- Markets & Securities Services enables our wealth, corporate and institutional clients to access financial markets and liquidity, unlock investment opportunities, manage risk, and transact seamlessly. We do this by bringing together financing solutions; sales, trading, and distribution across multiple asset classes; research; clearing and settlement; global and direct custody; and asset servicing. Our global network is combined with emerging markets leadership and specialist expertise, giving clients the confidence to go where the growth is and capture new opportunities.
- Data and Regulatory reporting is a global controls utility within the MSS Operations team. It integrates data producers and consumers, provides controls and ensures adequate oversight for some of the key global regulatory requirements arising due to HSBC trading under various asset classes (mainly OTC derivatives).
The Opportunity:
It is a global, cross-asset-class role that works closely with front-to-back stakeholders to ensure key controls are in place to reduce HSBC's overall regulatory risk. The team are considered the 'Control Owners' for Over-the-counter and Exchange-Traded Derivatives Trade & Transaction Reporting. They are responsible for ensuring that HSBC's various reporting obligations (HKMA, ASIC/MAS, MIFID, EMIR, SFTR, CFTC, CSA, SEC) are met in a timely and accurate fashion.
What you’ll do:
- Implement and monitor controls across exceptions, reconciliations, quality assurance and pairing & matching.
- Mitigate under-reporting, over-reporting, and mis-reporting risks identified by controls.
- Escalate identified issues and work with various stakeholders to implement strategic solutions.
- Create management information dashboards to highlight key performance indicators and risk indicators.
- Respond to counterparty queries and exchange information for accurate reporting.
Requirements
What you will need to succeed in the role:
- A degree in banking / finance / risk management.
- Understanding of end-to-end trade lifecycle and characteristics of typical OTC Derivative products.
- Strong foundation of risk management principles and understanding of controls framework.
- Awareness of the regulatory landscape and key aspects of various Trade and Transactions Reporting regulations.
- Technical understanding of how systems propagate data, calculate risk, and deliver various regulatory reports.
- Analytical skills to process vast amount of data and provide meaningful insights.
- Aptitude for continuous improvements with ability to identify issues / inefficiencies and implement solutions.
- Excellent written and verbal communication skills
- Working knowledge of MS excel and other MS office applications.
What additional skills will be good to have?
- Knowledge of ETL tools (QlikView, Power BI)
- Coding skill in VBA, Python, SQL.
- Previous experience in a risk / control environment (or similar) within an Investment Bank/Financial Institution
- Financial Risk Manager (FRM (r)) Certification – GARP
Link to Candidate User Guide:
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.”
Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
***Issued By HSBC Electronic Data Processing (India) Private LTD***
Nom du recruteur
Joyita Basu
E-mail du recruteur
joyita.basu@hsbc.co.in