Job Advert Details
Business: Regulation Management | Regulatory Compliance (RC) CoE
Open positions: 1
Role Title: Assistant Manager – Regulation Management
Global Career Band: 7
Location: Quezon City, Philippines
Recruiter: Veronica Suarez
Why join us?
Regulation Management is a combined pool of functions that include Horizon Scanning, Regulatory Mapping and Regulatory Reporting verticals.
Horizon Scanning: is a process established to monitor and capture material regulatory developments that impact HSBC Businesses. The purpose is to standardize the current, manual regulatory development tracking process globally, creating a one-stop repository of information (RAPid2) for all material regulatory developments, by working with the Global businesses and Global Functions to help them identify and manage their Regulatory risk.
Regulation Mapping: is a process established to assist Risk Stewards who host distilled regulations on Reg MAP tool, post triaging and finalization of material regulatory developments from Rapid2. These Regulation records are further shared with 1st Line of Defence (1LOD) colleagues to assist in embedding the Group’s Risk Management Framework and linking those risks with appropriate controls accordingly.
Regulatory Reporting: is a process established to support the Regional Report Owners to ensure that the regulatory reports that are hosted on Regulatory Reporting Information System (RRIS) are complete, accurate and maintained. This model ensures greater risk and data transparency between countries and Global Business Lines (GBL) as well as enhancing HSBC’s ability to trace risks and control analysis back to regulatory obligations.
The Opportunity:
Assistant Manager (GCB7) would be working closely with Manager (GCB6), Regulation Management and may interact with the Onshore UK/Regional teams (as required/delegated by line manager) to ensure successful attainment of the objectives including enhancing the efficiency of the process. The incumbent will be more thoroughly involved in day-to-day BAU, various projects and tasks assigned by line manager and may also get involved in delegated extension tasks from the line manager from time to time.
What you’ll do:
Principal Accountabilities and Responsibilities (e.g., for Business, Customers and Stakeholders; internal control environment, etc.)
Principal Accountabilities and Responsibilities:
- Creation of ‘Regulatory Development’ records from Reg-Room alerts, and the assignment of actions and sub-actions, which will serve as a workflow management solution.
- Preparation of high-level summary of the ongoing regulatory developments and share it with the business on a periodic basis.
- Act as SME is required to perform periodic Quality check on open/completed/assigned alerts and share the report with the business in the absence of managers.
- Assist line manager in ensuring consistency of approach in maintaining Regulation Records by working on tasks like Annual Review and Quality review for global jurisdictions (as allocated) in Reg MAP.
- Assist Regional or local Compliance teams who undertake regulatory mapping, assist local teams with various data migration and amendments requests (as allocated) on Reg MAP Tool.
- Support various activities in Regulatory Reporting such as the annual attestations, reviews like Report Owner, Maker/Checker discrepancies, Steer-Co data inputs and over all Ecosystem QA/QC analysis.
- Help global users on their access management and queries related to regulatory developments, regulation records and regulatory reports which are hosted on Rapid2, Reg MAP and RRIS tools.
- Prepare and share daily, weekly, monthly Management Reports as requested/allocated by line manager.
- Assist in UAT and provide feedback to the IT / business.
- Assist line manager in enhancement and documentation of the process
Typical Targets and Measures:
- Timely & Accurate action of the alerts
- Timely & Accurate execution/delivery of reports
- Ensure relevance of data and regular reviews of process controls
- Ensuring delivery of ad-hoc reports and requests from stakeholders if any
- Ensure compliance to the Governance Framework and Group standards and policies
- Timely and accurate quality checks by the process SME in the absence of managers
Leadership & Teamwork
- Ability to act proactively and multitask within given deadlines.
- Desire to pass on skills for the good of the team and learn from the other team members.
- Self - motivated, enthusiastic, and proven learning capability.
- Actively participate in team meetings and bring solutions/suggestions/recommendations to the table.
- Ability to work unsupervised and efficiently, collaborate with team members in absence of manager
- Feedback from internal and external stakeholders
- Regular contact with key stakeholders, providing reports within agreed timescales. Track issues through to conclusion.
- Provision of reports to management on significant issues in a concise and timely manner, where applicable.
- Close working relationship maintained with the Compliance function, Regulatory Compliance, and any other internal customers.
信息
What additional skills will be good to have?
Functional Knowledge Required:
- Clear understanding of Regulatory Compliance Framework, including but not limited to, Enterprise-wide Risk Management Framework. Should be able to clearly demonstrate the role within the Line of Defenses in HSBC.
- Fair understanding of Regulation Management Eco-System and underlying functions like Horizon Scanning, Regulation Mapping and Regulatory Reporting. How these functions work and how they are interconnected with each other.
- Basic understanding of applications used within overall Regulation Management Eco-System, including but not limited to Project Management Tools, User Acceptance Testing (UAT) etc.
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 HDPP***
* The information contained in this job description is a true and accurate reflection of the job as specified.
Want To Apply?
- All applicants must have successfully completed their probation period
- All applicants must have a minimum performance rating of Good in the last year end appraisal
- All applicants should have served at least 18 months in their current functional role and department
- Applicant should inform respective Line Manager prior to submitting an application
- Application form should be submitted on CareerLink along with their current CV
- All the completed applications should be submitted on CareerLink by 11:59 PM on the closing date
- Have not been previously declined for the same post within the last 3 months on the date of submission of their application
- Have not been on ANY form of Corrective Action within the last 6 months from the date of application
Declaring incorrect information in your application (e.g. incorrect performance rating; and corrective action status) is considered a SERIOUS OFFENSE based on the HDPP Employee Handbook:
A. Very Serious Offense
"Sec 1. Any acts of dishonesty, which may provide reasonable grounds for the company to lose trust and confidence to the employee, which includes but not limited to the following:
c) Giving false testimony or falsifying any document, records or information or presenting such falsified document, records or information in any study, research inquiry; padding and deliberate overcharging of expenses; tampering with time records; requesting or allowing any individual to log in/out and actually logging in/out any individual. "
招聘人员名称
Veronica Suarez
招聘人员电子邮件
veronica.benz.suarez@hsbc.com.ph