HSBC Group

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HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Reporting SME

Business: Finance

Principal responsibilities

• Working closely with various teams comprising Change, IT, Production/reporting leads, Risk, Policy, Legal etc. on IRR remediation and other control/audit related projects
• Support delivery of the Global Finance Change Regulatory Reporting Value Stream solution including current and future initiatives in pipeline under GSIB Framework changes, and other upstream changes. Enhance GSIB control framework with data traceability, data compliance control, reconciliations and sample testing. Support in impact asessment of the future regulatory and accounting changes to GSIB methodology, and implement new requirements.
• Review and challenge of the G-SIB Indicator data received and included within all regulatory returns and all external disclosures. Evidencing the data have been prepared and reported in line with the Control and Assurance Framework.
• Defining, developing, and translating requirements, at all stages of the project lifecycle from high level business requirements through to, for example, process requirements, functional requirements, user requirements, system requirements, data requirements, as well as test conditions.
• The role holder needs to have a good understanding of change & implementation approaches, tools, and techniques for gathering, clarifying, and managing business requirements and selects and applies the right approaches, tools, and techniques according to context – ensuring seamless delivery. Experience of Regulatory Reporting requirements across multiple regulators - PRA, ECB, HKMA, and OSFI etc..
• Manage the Regulatory Change portfolio and support the IRR activities within it. Support the overall performance of the team to ensure respond commercially in meeting the challenges of internal and external demands. 
• Develop and maintain a deep pool of Regulatory production and reporting expertise with a commercial sense of continuous improvement. Work collaboratively across teams, covering Data Operations, Reporting Operations, Accounting Operations, Systems Support, IT, Financial Control, Insight & Advisory.
• Adopt new ways of working such as Agile, particularly in respect of change activities, and encourage the adoption of new technology within the reporting teams. Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators. Complies with Group Finance Functional Instruction Manuals and Group SOX requirements and enforces reporting sites’ compliance with certain areas of the required internal controls.
• The jobholder will also adhere to and be able to demonstrate adherence to internal controls. This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators.
• The jobholder will implement the Group compliance policy by containing compliance risk in liaison with Global Head of Compliance, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer. The term ‘compliance’ embraces all relevant financial services laws, rules and codes with which the business has to comply. 

• Qualified accountant (CA/ICWA) or MBA Finance  or Engineering graduates from a reputed institute with 4-10 yrs. or M.com or equivalent degree with experience in Reporting/ Analysis.
• Experience of Regulatory or financial reporting process
• Experience that demonstrates ability to learn and apply complex/technical rules/frameworks.
• Strong written and oral communicate skills (English plus local language of country where the role is located). 
• Ability to communicate complex ideas (e.g. relating to transactions/adoption of policies) in a simple manner to a global audience
• Understanding of control frameworks and how to implement effective controls in practice.
• Ability to deal with and analyse unstructured problems and queries and to question and challenge existing procedures.
• Good understanding of financial products and how they impact reporting requirement, and more generically the banking business, balance sheet and P&L.
• Ability to develop effective working relationships with stakeholders of different seniority and geographical location
• Understanding and interest in how new technology may be leveraged to improve reporting processes and controls.

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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***Issued By HSBC Electronic Data Processing (India) Private LTD***