Integrity of Regulatory Reporting Finance Lead
Chennai (Chennai)
Job description
Job description
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 62 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 Integrity of Regulatory Reporting Finance Lead
Business: Finance
Location: Gurgaon/ Bangalore /Chennai and Hyderabad
Principal responsibilities
· Manage execution of IRR (Integrity of Regulatory Reporting) standards for regulatory returns in scope of the PRA
· Work with various stakeholder to remediate issues impacting regulatory reporting.
· Review and challenge regulatory reporting artifacts comprising of Capital, RWA, Leverage, Liquidity and Large exposure metrics as per regulatory requirements.
· Manage delivery of the Group’s PRA reports on Capital, RWA, Leverage and Liquidity including COREP and Pillar 3 disclosures
· Manage regulatory change including interpretation of new regulatory requirements, ensuring systems are developed to meet new requirements and are fit for purpose.
· Support and promote regulatory transformation initiatives and support roll out of strategic projects such as IRR (Integrity of Regulatory Reporting).
· Monitor regulatory developments and prepare a framework to assess compliance with regulatory framework on an ongoing basis.
· Provide guidance and SME support to reporting teams and stakeholders in the regulatory reporting processes.
· Partnering closely with Group Regulatory policy, Finance Change, Risk, and other teams to implement regulatory and internal changes.
· Manage and document policy interpretations and judgements applied within the regulatory reporting framework.
Requirements
· Strong background and extensive knowledge of Regulatory Requirements across capital, RWA, Liquidity and Large exposures
· Robust and detailed understanding of UK PRA Rules on both existing Basel III requirements and upcoming Basel 3.1 rules.
· Qualified accountant (CA/ICWA) or MBA Finance from a reputed institute with experience in Regulatory Reporting for a multi-national bank or top tier consulting firms
· Knowledge of Capital, Leverage, Liquidity and Large exposure regulations for reporting and calculations across all frameworks.
· The ideal candidate should have a broad skillset from a treasury, capital management, finance, risk and/ or regulatory background.
· Experience that demonstrates ability to learn and apply complex technical rules or frameworks such as Basel 3, CRR2, ITS, and EBA reporting.
· Ability to understand complex technical rules and apply them to systems, data, and processes to determine impact on regulatory reporting outputs.
· Effective and confident in communicating to senior management and distilling broad information into key themes.
· Good interpersonal & communication skills and effective at building relationships across teams.
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.”
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