Business: PRA & UK Regulatory Reporting
Open positions: 1
Role Title: Manager – Regulatory Reporting
Global Career Band: 6
Location : NCR
Recruiter Name : Manasi Mahajan
Why join us
Global Finance Operations Centres (GFOC) were set up in 2008, to provide centralised operations support to the Global Finance function. Over time, the centres have grown in , footprint and remit. GFOC teams work in partnership with other Finance colleagues across the world to enable the seamless delivery to provide a variety of financial support services across the HSBC Group.
Regulatory Reporting ensures compliances with requirements of various regulators under whom HSBC operate. The team produces several reports as per the regulatory guidelines and handles queries or ad-hoc requests from regulators. The function is part of integrated reporting and sits within Global Finance and is accountable to the Group Chief Accounting Officer (‘CAO
The Opportunity
- Reporting of regulatory returns within scope of the regulatory reporting global process owner’s responsibility, to the PRA for HSBC Group entities.
- Reporting of the Pillar 3 and related regulatory external disclosures included within the interim and annual reported accounts for HSBC Group entities.
- Ensure compliance with regulatory requirements and the submission of returns to the Prudential Regulation Authority (PRA), BoE and the EBA.
- Provide accurate analysis and commentary on Capital/Leverage returns for Group and HBEU.
- Timely and accurate submissions of Capital/Leverage returns to the regulator and senior management.
What you’ll do:
- Prepare different capital/leverage workings and calculate capital adequacy/leverage ratio on a monthly and quarterly basis and ensure accuracy of disclosures and submissions, including AR&A/Pillar 3 disclosures, PRA101 and COREP.
- Capability to proactively address ad hoc data requests from senior management and Regulators.
- Ability to work effectively with the wider team and the rest of Global Finance.
- Keeping up to date with regulatory consultations and assist the team with interpreting & implementing current and upcoming PRA regulatory requirements.
- Ensure ongoing seamless service delivery of global reports to various stakeholders at agreed service levels.
- Ability to meet KPI timelines under stringent time lines and high pressure situations while maintain a high degree of accuracy.
- Good communication skills to be able to collaborate with global stakeholders on a daily basis.
- Identify opportunities for process improvement and participate in change initiatives.
- Pro-active approach in highlighting issues for a timely resolution.
- Ensure participation in various learning initiatives to constantly upgrade their skill set.
- Responsible for supporting in documentation per RCA and SOX requirement.
- Ensure SOPs/BOPs are up to date.
- Adherence to Group policies, Regulatory reporting requirements, audit, controls and compliance requirements.
- Ensure testing of processes per business continuity plan.
Qualifications
What you will need to succeed in the role:
Skills/Experience Required
- A qualified professional (preferably CA or ICWA or MBA or CFA) with overall post qualification experience of 6 to 8 years.
- Prior experience in Regulatory Reporting function will be an advantage.
- Preferably having knowledge and experience in Basel III/CRDIV/CRR2 and PRA regulatory rules.
- Sound knowledge of the Financial/Banking Services industry, products and systems.
- Flexibility, tenacity and the ability to maintain enthusiasm on long running or complex process re-design initiatives.
- Self-motivated and capable of working as part of a team.
- Very strong MS Office skills. (ability to use macros, arrays and other advanced excel formulas)
- Must be detail oriented and possess strong analytical skills.
- Strong interpersonal and communication skills, both written and oral.
- Ability to work under pressure, report under tight deadlines and deal effectively with issues as they arise.
What additional skills will be good to have
NA
Link to Candidate User Guide:
(Or)
Go to the below link and type ‘IND GSC : IJP Applicant User Guide’ in search bar.
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***
Source link