Assistant Manager Regulatory Affairs

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Job title: Assistant Manager Regulatory Affairs

Company: HSBC

Job description: Job description

The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (2019-nCoV), we’re leveraging our digital capabilities to ensure we can continue to recruit top talent at the HSBC Group. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.

Some careers shine brighter 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 64 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 Assistant Manager Regulatory Affairs.

Principal responsibilities:

  • Review and assign Regulatory Developments alerts to the respective regional reviewers
  • Creation of ‘Regulatory Development’ records from alerts, and the assignment of actions and sub- actions, which will serve as a workflow management solution
  • Being responsible for enhancement and documentation of the process
  • Preparation of high level summary of the ongoing regulatory developments and share it with the business on a periodic basis
  • Prepare and share daily, weekly, monthly Management Reports
  • Assist in UAT and provide feedback to the IT / business
  • Process SME is required to perform periodic Quality check on open/completed/assigned alerts and share the report with the business in the absence of managers.
  • Timely & Accurate action of the alerts
  • Timely & Accurate execution/delivery of reports
  • Ensure relevance of data and regular review
  • Ensuring delivery of ad-hoc reports and requests from stakeholders if any
  • Ensure compliance to the Governance Framework and Group standards and policies
  • Timely and accurate quality checks by the process SME in the absence of managers
  • Help identify and share best practice in a Compliance space
  • Cultivate a positive and collaborative working environment with the Compliance function
  • Build and maintain close working relationship with partners in Regulatory Compliance or elsewhere and should be able to work and co-ordinate with remote sites
  • Communicate effectively to different audiences, including both Regulatory Compliance and any other internal customers
  • Actively contributes to RCA process and in both anticipating and mitigating potential risks
  • Be aware of the Operational risk and act in a manner that takes account of operational risk considerations.
  • Clear evidence that the team understands the respective operational controls and standards to contain compliance risk.
  • Any significant compliance issues reported appropriately and in a timely manner.
  • Identify process improvements. Discuss these with the Business Partner for implementation.
  • Identify best practices across various geographies and effectively disseminate these to others.
  • Proactively alert the Line Manager of highest perceived risks as they arise.

Requirements

Requirements:

  • Good command of both oral and written English.
  • Attention to details and good analytical skills.
  • Strong interpersonal skills and able to build and maintain relationships.
  • Utilizes own initiative to resolve issues. Ability to support decisions with sound reasoning.
  • Fast learner – Able to understand new regulations, systems, business concepts etc.
  • Excellent time management and prioritization of tasks.
  • Flexibility to work in different shifts.
  • Knowledge of Regulatory Compliance, Tax Compliance, Legal Risk Steward is necessary.
  • This is an Individual Contributor role
  • Maintain good relationship with stakeholders
  • Open to ideas and balanced decision making
  • Understanding of the different Business Lines of Financial institutions.
  • Knowledge of Financial Markets.
  • Specific knowledge of Regulatory affairs/Compliance and Risk management framework
  • Experience in a role involving understanding systems and suggesting enhancements.
  • Good Knowledge of MS Office.

You’ll achieve more when you join 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.”

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 Electronic Data Processing (India) Private LTD***

Expected salary:

Location: Bangalore, Karnataka

Job date: Fri, 10 Jun 2022 03:02:00 GMT

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