Head of US Finance Non-Financial Risk

Job description

Job description

Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.

The US Head of Finance Non-Financial Risk (NFR) leads a country team responsible for ensuring effective management of key Non-Financial Risks (NFRs) owned by US Finance,  including Financial Reporting Risk, Regulatory Reporting Risk, Model Risk, Data Risk and People Risk. Key functions within the NFR team include Reporting Risk Oversight and SOX Governance. Strong working relationships with US Assurance Functions, particularly Finance Assurance, and the DBS Chief Control Office will also be required. The role holder will also collaborate and manage relationships with Global Finance, Enterprise Risk Management, Risk Stewards, Internal Audit, External Auditors and US Regulators.

As our US Head of Finance Non-Financial Risk, you will:

·  Lead the Subject Matter Expert (SME) team responsible for managing all risk- and control-related issues within Finance
·  Lead the US Finance Risk and Control Management Meeting (“RCMM”) and provide strategic direction and support to the US Finance Executive Committee as well as Finance Report Owners and Control Owners on the effective management of the Finance risk and controls profile
·  Deliver risk and control inputs to various governance meetings, including the Disclosure Committee, Regulatory Reporting Governance Forum, Non-Financial Risk Forum and relevant Change Program Steering Committees (including the Integrity of Regulatory Reporting Program)
·  Provide subject matter expertise, advice, guidance for execution of Risk and Control Assessments (“RCAs”) and with setting appropriate Control Monitoring Plans (“CMPs”)
·  Ensure the US Non-Financial Risk team challenges and drives discussions with Risk and Control Owners for risk assessment and risk mitigation strategies, including inherent risk, residual risk, control effectiveness ratings, issues, actions and events
·  Oversee the delivery and management of all SOX activities in the region according to the Global and US SOX frameworks, including scoping, execution of process walkthroughs, evaluation of issues, management attestations, coordination with the external auditors and the interim and year-end assessment meetings (“SOX four-way meetings”)
·  Manage relationships with key internal and external stakeholders, including with the US Finance Executive Committee (ExCo), Group Finance executives, Enterprise Risk Management, Internal Audit, Audit Committees, External Auditors and Regulators and present relevant materials at key governance meetings
·  Review of Account Reconciliation Completion Certificate (ARCC), supporting the development of actions for thematic issues and escalations to local management

For this role, HSBC targets a pay range between $134,500 and $201,800.

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.

Requirements

You´ll likely have the following qualifications to succeed in this role:

·  Experience in a leadership role within a global financial services organization
·  Strong understanding of key Finance processes, such as Financial Reporting, Regulatory Reporting, Treasury and Product Control processes
·  Demonstrated ability to manage a SOX program within a global financial services organisation
·  Understanding of control frameworks and how to implement effective controls to mitigate key risks
·  Ability to develop effective working relationships with stakeholders of different seniority and geographical location and deliver key messages to all audiences

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.