Regulatory Engagement Compliance Manager

Job description

The Regulatory Engagement Compliance Manager role is based the UK Regulatory Compliance Function.
 
The role of the Regulatory Engagement Compliance Manager is to act as a supporting SME in respect of Regulatory Compliance (“RC”) and Financial Crime Compliance (“FCC”) regulatory engagement for the UK elements of RBWM, GPB, CMB and GBM ensuring that those regulated businesses maintain full oversight of all relevant engagement with the Financial Conduct Authority (“FCA”) and Prudential regulation Authority (“PRA”).  “Regulatory Engagement” for these purposes includes meetings, visits, reviews, thematic work, investigations, enforcement activities, reporting, information provision, correspondence and similar and whether of a regular, recurring or ad hoc nature.
 
The role supports all business areas across HSBC Bank Plc. It gives the ability to engage with HSBC Senior Management and Regulators and a broad understanding of the Regulatory Agenda. High level initiative is to deliver a pro-active and consistent management and oversight of relationships with HSBC's UK Regulators                          
 
Your responsibilities will include:
Preparation of Briefing Notes, attendance at meetings and production of meeting notes as and when required.
Support the regulatory engagement GCB4 in their engagement on Compliance related matters with the UK regulators from a UK perspective, working with relevant FCC and RC colleagues and UK management in RBWM, GPB, CMB and GBM.
Monitoring of regulatory engagement trends for the FCA and PRA in respect of the UK regulated businesses of RBWM, GPB, CMB and GBM and provide updates, reporting and guidance as appropriate / required.
Ensure appropriate reporting of regulatory engagement with the UK’s material regulators occurs at all levels of the UK to allow an overall view of the Group’s exposures to its material regulators to be managed appropriately.
Ensuring that material regulatory engagement and trends (i.e. Regulators’ activity, attention, enforcement etc.) in respect of RBWM’s, GPB’s, CMB’s and GBM’s UK regulated businesses are recorded in the format specified by the Global Head of RAP, monitored, understood and, where necessary, adapted to.
Identify, escalate and report on, material issues arising in the Group’s regulatory relationship with PRA and FCA as required, including within the RC and FCC functions and to relevant management.

Desired profile

The ideal candidate for this role will have:
Experience working in relevant environment/s, i.e. Financial Services
Role relevant qualifications, i.e. Degree level or equivalent
Past working experience in a relevant role, i.e. Risk & Compliance background
Experience working in relevant environment/s, i.e. Financial Services is desirable but not essential
Role relevant qualifications, i.e. Degree is desirable but not essential
Past working experience in a relevant role, i.e. Risk & Compliance background is desirable but not essential
A track record of constantly looking for ways to do things better and an excellent understanding of the mechanism necessary to successfully implement change
Set and achieved challenging short, medium and long term goals which exceeded the standards in their field
Experience of supporting others' performance, enabling them to achieve by providing clear direction, motivation and support
Excellent written and spoken communication skills; an ability to communicate with impact, ensuring complex information is articulated in a meaningful way to wide and varied audiences
Built effective networks across business areas, developing relationships based on mutual trust and encouraging others to do the same 
Experience of creating and deploying comprehensive business/operating plans which consistently deliver desired results
Proven experience of successful project management, utilising relevant tools and techniques to ensure consistent delivery
A comprehensive understanding of risk management and proven experience of ensuring own/others' compliance with relevant regulatory processes
 
In addition to the details listed above, the ideal candidate will have a Risk and Compliance background from FS.
 
The base location for this role is 8 Canada Square, Canary Wharf, London
 
We are required by the Financial Services (Banking Reform) Act 2013 to create a ring-fenced bank in the UK by 1 January 2019. We will create the head office of our ring-fenced bank in Birmingham. This role may be relocated to Birmingham from 2017. Where the role holder is willing to move and it is practical to do so, the role may relocate before this time.
 
HSBC is 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.
 
Key search words: Regulatory Engagement Compliance Manager