HSBC Group

Business: Global Finance Assurance

Open positions:1

Role Title: Assurance Manager GSC’s

Global Career Band: 6

Location (Country / City ): India/Hyderabad

Recruiter Name : Kiran

Why join us?

• Assurance performs independent review and evaluation of end to end processes, risks and Key control environments

The Opportunity: 

• This role is a middle management position in Core Finance responsible for managing plus strengthening the Risk and Control Environment. Individual will be part of first Line of Defense (1LOD) and responsible for regular assurance monitoring and governance.
• The overall objective is to create an environment where there is minimum or no surprises, enhanced awareness amongst employees, timely escalations, and strict monitoring.
• The role’s critical success factors include managing relations within 1LOD, GFOC and the larger HSBC Finance community; ability to work across teams/ sites/ time zones, influencing business outcomes.
• This role is based in Hyd.

What you’ll do:

Risk Management & Operational Effectiveness

• Managing the overall control environment and creating awareness across teams and levels with a view to manage operational incidents and ensure compliance with Global standards.
• Facilitate and evaluate the risk and control assessment for the finance processes to ensure that risks and underlying controls are adequately identified and assessed.
• Ensure adequate governance through risk committees and dashboards to highlight the status of risk and control environment.
• Perform management and thematic reviews for the high-risk processes and socialize themes emerging from the reviews to prevent recurrence.
• Recording, tracking and assurance around Management self-identified issues to ensure compliance with internal audit criteria.
• Liaise with internal/external auditors and ensure audit preparedness of operation teams. Also, track and provide issue assurance for audit findings.
• Work closely with regional control teams and global control office to manage the risks in the end-to-end processes.
• Ensure adequacy of framework around SOX controls which would include up to date inventory, training and monitoring.
• Building and managing relationship with the stakeholders 

Assurance

• Strong Knowledge on SOX 404 Internal Controls, COSO Framework and Guidelines.
• Ability to interact with the Global Business and Process Owners to review the Process and Internal controls associated with the Business.  
• Conduct Walkthrough Meetings with Process Owners, along with In-country controls Team & PWC Auditors.
• Strong Knowledge in Business Functions for the various Business Areas in HSBC.
• Ability to understand the Process, Polices & Procedures to Assess the Effectiveness of SOX controls.
• Adhere to the Controls Monitoring Plan and work closely with the In country Assurance & Chief Controls Office Team.
• Understanding various Systems and their Functionality which are used by the Business Areas and are Under Scope of SOX Controls.
• Preparation of critical Month end deliverables, SOX testing and highlighting of issues to business partner / management.

Customers / Stakeholders

• Maintain key stakeholder relationships to enhance awareness of operational risk including its identification, assessment, mitigation and control.
• To support and ensure that local management fully considers and effectively manages operational risk in accordance with established policies and procedures.

Leadership & Teamwork

• Actively engage in establishing a strong control environment at GFOC
• Be a good team player 
• Self-driven and motivated
• Ability to deal with senior management

What you will need to succeed in the role:

Knowledge

• Knowledge of finance functions such as regulatory reporting, accounting, reconciliation and reporting in the financial services sector is a must
• Understanding of SOX, operational risk and COSO frameworks would be required

Skills

• Stakeholder management
• Good business writing skills, Strong communication and presentation skills
• Should have eye for detail, problem solving and influencing skills
• Ability to challenge information presented, providing explanation to ensure that agreement is reached by both parties
• Excellent interpersonal skills to communicate effectively with team members/wider business including senior executive management and ability to develop a good rapport in challenging situations
• Able to cope with pressure and tight deadlines
• Assertive, with a positive attitude and open to feedback
• CA/MBA/B. Com: At least 9 years of relevant post qualification experience in a leading accounting firms / financial services sector.
• Strong risk and control experience in first line of defense role.
• Experience in performing risk and control assessments, conducting risk committees and managing SOX framework is recommended
• Experience of interacting with auditors / performing audits would be preferred
• Experience of managing SLA’s

Link to Candidate User Guide:

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(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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