Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing 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.
The role holder will be supporting the correct execution of the internal control and risk management, sticking the whole process in the stablished timelines and quality controls in order to improve the current regulatory requirements for the business.
As our VP Risk and Compliance Assurance you will:
- Lead assigned assurance reviews to ensure timely and quality execution of the reviews while adhering to internal policies and procedures. This will include engaging, testing and providing feedback to the team on review activities relating to planning and scoping, fieldwork/testing, review wrap-up/reporting, and issue management. Areas of coverage include (but not limited to) regulatory reporting for Treasury (Capital: FR Y-14a & Liquidity Reporting: 2052a / NSFR / LCR), Finance (SEC/ FINRA/FRB filing), and regulatory compliance submission
- Developing actionable review strategies and steps the test team can take to assure business control activities meet current regulatory requirements
- Maintaining current knowledge of regulatory reporting governance and processes with a solid understanding of the regulatory reporting filing requirement and / or rule interpretation applicable to the business / legal entity
- Providing assurance and challenge of the effectiveness of the Risk and control activities conducted by the first line of defense and determining the residual risk of identified coverage gaps
- Assists Business (Report Owner) and Second Line Management (Risk Steward) in determining the effectiveness of their control environment and provides line of sight for compliance management into regulatory issues
- Manages and participates in special reviews, risk self-assessment projects and any additional assignments/projects as required by management.
For this role, HSBC targets a pay range between $128,100.00 and $192,200.00
The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.
At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.