Role Title: Regulatory Policy Manager

Business: Risk

New or Existing Role: Replacement

Grade: GCB4

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 Regulatory Policy Manager, working together with colleagues to define, manage and achieve divisional business targets.

Role Purpose

• This role forms part of the Financial and Model Risk Regulatory Policy and Engagement team. You will be expected to lead on analyzing the impacts and interpretation of new and existing regulatory requirements for wholesale credit risk (e.g. Basel 3, IRB Repair).
• You will also be responsible for providing subject matter expert oversight and challenge of the credit model changes required to comply with the new regulatory requirements, including review and challenge of model compliance assessments and engagement with the prudential regulation authority (PRA).

In this role, you will:

• Provide guidance and opine on regulatory policy.
• Regulatory oversight and challenge for credit risk model developments.
• Drafting policy interpretations and opinions owned by Financial and Model Risk Regulatory Policy and Engagement team.

Qualifications

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

Qualifications

• Educated to university degree level or equivalent and it would be desirable for them to hold a relevant professional qualification

Experience

• Experience in general or wholesale banking including Commercial Banking, Global Banking & Markets or Wholesale Credit
• Good knowledge of the regulatory landscape particularly relating to credit risk regulations, risk models waivers for IRB 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 advantageous.
• Some understanding of statistics and concepts of the risk modelling process would be advantageous

Skills

• 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
• Excellent written and verbal communication skills are mandatory
• Manages self to deliver own work within timelines
• Flexibility to work with colleagues and key stakeholders in an international team
• Influencing skills are required as many resources will not report to the jobholder

You’ll achieve more when you join HSBC. 

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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.

Job Field

 : Risk and Compliance

Primary Location

 : Europe-United Kingdom-Greater London-London

Schedule

 : Full-time 

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Job Posting

 : 28-Sep-2021, 20:36:18 

Unposting Date

 : 14-Sep-2022, 04:29:00