Regulatory Compliance Manager

Job description

Job description

Some career choices have more impact than others.

At HSBC we exist with the purpose of Opening up a World of Opportunity. We use our unique expertise, capabilities, breadth and perspectives to provide opportunities for our customers and colleagues through global connectivity. We bring 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.

As an HSBC employee in Australia, you’ll have access to tailored professional development opportunities, competitive pay, an embedded flexible working culture and a range of employee benefits. These include market-leading subsidised private health cover, enhanced parental pay and support when returning to work, subsidised banking products and services, bonus leave days and wellness programmes including discounted gym memberships.

The Regulatory Compliance Manager as part of the First Line of Defense will play an important role in support the Head of IWPB Regulatory Compliance and Change Execution to ensure IWPB Australia’s adherence to regulatory requirements. The role is responsible for driving implementation and ongoing maintenance of compliance frameworks, identifying potential regulatory risks and ensuring compliance obligations are met. The role will collaborate with multiple stakeholders to identify, assess, and mitigate risks associated with regulatory changes and developments, ensuring IWPB Australia remains compliant and in line with industry standards.

Responsibilities:

·  Support the Head of Regulatory Compliance & change execution ensure IWPB complies with all relevant regulation including APRA and ASIC, and other financial services laws and standards.
·  Monitoring and interpreting regulatory changes and trends, advising senior management and business units on implications, and required actions.
·  Support when required a detailed analysis of proposed business changes, evaluating potential compliance risks and recommending mitigation strategies. 
·  Provide guidance and support to teams within IWPB on all aspects of regulatory compliance.
·  Being involved in the implementation of external regulatory change and internal change requirements by working with the Regulatory Compliance risk stewards and IWPB Business Transformation teams.
·  Produce regular reporting to risk forums of IWPB which is accurate and timely. 
·  Reviewing, identifying and escalating process & procedure gaps and ensuring that gaps are raised for assessment and remediation.
·  Contribute towards an effective customer first culture without compromising adhere to internal controls and compliance.

Requirements

Requirements:

·  Solid expertise in Regulatory Compliance.
·  Good understanding of the regulatory landscape impacting the Australian Retail Banking Industry.
·  Highly developed oral and written communication skills to be able to build relationships with key internal stakeholders 
·  Proven history of successfully identifying business risk and assisting in remedial procedures.
·  Strong ability to adapt to change and manage multiple tasks and competing deadlines, without compromising attention to detail.
·  Exposure and/or strong understanding of Wealth Management, Digital, Branch, Contact Centre, Insurance, Customer Propositions, Mortgages and Cards operational controls & processes would be an advantage.

Preference will be given to candidates who hold Australian PR/Citizenship or New Zealand Citizenship, or who can demonstrate current unrestricted work rights in Australia without limitations.

We value different perspectives, we succeed together, collaborating across boundaries, we take responsibility, holding ourselves accountable to get things done. Through these values, HSBC is committed to building a culture where all employees are appreciated and respected and where opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow in an inclusive environment. Applications from First Nations peoples are encouraged.

Learn more about careers at HSBC Australia –  https://www.hsbc.com/careers/where-we-hire/australia

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 Bank Australia Limited.  Please note that HSBC will we never communicate to applicants via non HSBC channels such as SMS, WhatsApp or Facebook so please be careful if anyone attempts to contact you via these channels.