Analyst, Regulatory Compliance

Job description

Job description

If you’re looking for a career where you can make a real impression, join Global Service Center (GSC) 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

Analyst Regulatory Compliance

Role purpose:

As a federally regulated financial institution, HSBC Bank USA, NA has a regulatory obligation to establish and maintain an effective framework to manage the risk of non-compliance with regulatory requirements. The US Regulatory Development team within Compliance is charged under the Regulatory Developments Functional Instruction Manual (FIM), with the responsibility for performance of the functions outlined in the FIM, which primarily include communication of Regulatory Changes, updating the regulation library as regulatory requirements are added or amended, and provision of reporting and management information related to Regulatory Changes. 

This role will provide support to the US Regulatory Development’s horizon scanning, regulation library, and reporting responsibilities, and be part of the US RD extension team. 

Functionally reporting to the US Director of Regulatory Development, and supervised locally by the Team Lead, Regulatory Compliance (new role), the Analyst Regulatory Compliance will interact with the Onshore Regulatory Development Team on a regular basis to ensure successful attainment of the objectives, including enhancing the efficiency of the process.

Main activities

·  Triage all automated alerts, which fall within defined jurisdiction and Risk Stewardship on a daily basis
·  Manually scan high priority regulator websites on a daily/weekly basis to ensure no gaps in coverage
·  Undertake initial Applicability Assessment of new Developments and Fines
·  Prepare weekly RAPID2 Newsletter
·  Generate email reminders to stakeholders regarding outstanding tasks in RAPID2
·  Complete ad hoc data requests
·  Update regulation library content within Helios
·  Other miscellaneous duties, as assigned

Requirements

·  Strong English verbal and written communication skills.
·  Ability to interpret regulations.
·  Strong analytical skills and attention to detail.
·  Strong interpersonal skills; able to build and maintain relationships
·  Takes initiative to resolve issues.
·  Ability to support decisions with sound reasoning.
·  Intellectual curiosity and the ability to learn new concepts quickly.
·  Excellent time management and task prioritization skills
·  Proficient in MS Office suite (MS Word, Excel, and Power Point).

You’ll achieve more when you join HSBC!

At HSBC we offer our colleagues a greater number of days so that they can fully enjoy their wedding, take care of the new member of the family, or grieve the loss of a family member. Our paid leave package is at the forefront in Mexico, now you have one more reason to be HSBC and proudly live a culture of well-being, balance and care

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. 

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