Assistant Vice President-Finance operation GSC'S

Employer
HSBC
Location
India
Posted
Apr 15, 2024
Closes
May 01, 2024
Ref
4649211704
Work Mode
Work from office
Hours
Full Time
Organization Type
Corporate
Some careers have more impact than others.

If you're looking for a career where you can make a real impression, join HSBC and discover how valued you'll be.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 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 Assistant Vice President-Finance operation

Principal responsibilities
  • The Liquidity Policy and rules Implementation role will be responsible for implementing HSBC's Group regulatory policies around liquidity risks, managing Calc compliance activities and Collaborating with Reporting teams across regions. The role holder will also provide technical regulatory support and guidance required for the implementation of all policies across entities. The role holder will work along with policy team, reporting team and Group Treasury team, ALCM country heads, etc.
  • The role holder will support the implementation of new regulatory requirements and act as a bridge between the Group policy and the operations team to ensure correct translation of policy requirements to operational implementation
  • The role holder works jointly with policy/ GT and Fin ops team's/ Site ALCM teams to ensure appropriate and timely implementation of new policies
  • The role holder will work on policies in pipeline as well as historical requirements
  • Support delivery of regulatory transformation initiatives and support roll out of strategic projects such as IRR (Integrity of Regulatory Reporting) and Basel 3 reforms.
  • Perform and document traceability of reporting to regulatory rules and interpretations and keep it up-to-date.
  • Document and update Interpretations and judgements, including applicable guidance in accordance with the Group's defined policy governance framework.
  • Enhance and improve processes and remediate known issues identified during the BAU process impacting PRA reporting for Group, as well as those from internal audit and s166 findings
  • The role requires good understanding of (1) financial products, (2) market product specific knowledge and (3) financial /management reporting (with balance sheet focus), as well as an ability to develop an understanding of the various regulatory frameworks including Basel III
  • Manage regulatory change including interpretation of new regulatory requirements, ensuring systems are developed to meet new requirements and are fit for purpose.
  • Monitor regulatory developments and prepare a framework to assess compliance with regulatory framework on an ongoing basis.

Requirements
  • Qualified CA (Chartered Accountant), MBA (Finance) or Engineering degree with interest in Financial Services
  • Understanding of how to review large data sets and draw out strategic insights as well interpret data and identify trends/anomalies particularly in the context of business, macro-economic or Regulatory drivers, as well as the ability to work quickly & accurately to tight deadlines
  • Knowledge and/or interest in Asset Liability Management, FSA Reporting and relevant regulatory changes in a global environment advantageous
  • Understanding of control frameworks and how to implement effective controls in practice.
  • Strong attention to detail and being solution oriented
  • Strong communication skills (both oral and written) and an ability to communicate complex ideas in a simple manner to a global audience

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