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.

Global Risk is a thriving and expert risk management function supporting HSBC globally with all aspects of risk management. The team actively manages a varied and dynamic range of risk types, including security, fraud, information security, contingency, geopolitical, operational, credit, pension, insurance, financial crime and regulatory compliance, market and reputation risks. All parts of the Global Risk team use their skills, insight and integrity to handle established threats and those they see emerging, acting to protect and enable HSBC to deliver sustainable growth.

We are currently seeking an ambitious individual to join our team as an Head of Business, Governance and Execution, Regulatory Policy and Engagement (RPE), working together with colleagues to define, manage and achieve divisional business targets.

Role Purpose

This role forms part of the Global Financial and Model Risk Regulatory Policy and Engagement team based in London. The jobholder is expected to work closely with a wider variety of stakeholders across HSBC Group and Regional hubs, including but not limited to: Senior Management in Risk and Finance, Heads of Business Management Self Service (MSS), Global Business, Commercial Banking and their respective Financial Resource Management (FRM) teams, Front Office Stakeholders, Traded Risk MRMs and Group Risk Analytics (GRA).

A particular focus will be placed on ensuring the Global RPE team is working efficiently and effectively across its different regional hubs, as well as with its various stakeholders described above to meet relevant regulatory and internal deadlines and to ensure that processes are working smoothly.

The individual will be assisting the Global Head of RPE on a number of strategic transformation initiatives.  Such strategic programme work will at times be related to remediation, but will also be related to meeting upstream regulatory expectations and Business As Usual(BAU) deliverables.  Examples include but are not limited to: Regulatory Reporting and Enhancement Programme (RREP) including the transfer of SA market risk reporting from Finance to Risk, Annual Senior Management Function (SMF) attestation, FRTB traceability.  Key BAU deliverables include but are not limited to: the preparation of the various regulatory approval packs and documentation, ensuring all Management Self-identified Issues (MSII) and INA findings are well understood and proactively managed throughout the wider RPE team, ensuring that all team hiring is progressing well.

The individual will also be required to support ad hoc Senior Management requests for policy briefings, governance papers and other items.  A successful applicant will have an intellectual curiosity and the capacity be involved in the substance of regulatory policy matters across WCR, TR and TRM.

In this role, you will:

• Ensure strategic business objectives are prioritized for PRA discussion and timely delivery 
• Maintaining positive stakeholder relationships across GB, CMB, MSS and FO stakeholders.  Ensuring these stakeholders views and priorities are well-understood and addressed with the regulator

Requirements

To be successful in the role, you should meet the following requirements:

• Educated to university degree level or equivalent and, and it would be desirable for them to hold a relevant professional qualification (FRM, CFA)
• Experience in general or wholesale banking including Commercial Banking, Global Banking, MSS or Wholesale Credit
• Good knowledge of the regulatory landscape either on Trading or Banking Book.  Examples include: Fundamental Review of the Trading Book, London Interbank Overnight Rate (LIBOR) transition, Basel 3 reforms, IRB Repair or previous experience in a Regulatory Capital policy function
• Relevant working experience in a bank, rating agency, consultancy or advisory firm would be considered
• Experience of dealing with regulators is preferable
• Some understanding of statistics and concepts of the risk modelling process would be advantageous
• Ability to lead, manage and successfully deliver within the agreed time scale, in liaison with all relevant stakeholders: model owners, business, finance, senior management and regulator
• Strong written and verbal communication skills

You’ll achieve more when you join HSBC. 

https://mycareer.hsbc.com/external

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As a business operating in markets all around the world, we believe diversity brings benefits for our customers, our business and our people. This is why HSBC is committed to being an inclusive employer and encourages applications from all suitably qualified applicants irrespective of ethnicity, religion, age, physical or mental disability/long term health condition, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by local law in the jurisdictions in which we operate. Within the work place you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions. HSBC has in place processes in order to avoid nepotism, which means to avoid creating circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.