Assitant Vice President - HBEU Reporting operations
- Company
HSBC
- Location
Chennai, Tamil Nadu, India
- Employment Type
Full-Time
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Functional Category
Finance & Operations
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Experience
8 - 9 years
About HSBC
Opening up a world of opportunity for our customers, investors, ourselves and the planet. We're a financial services organisation that serves more than 40 million customers, ranging from individual savers and investors to some of the world’s biggest companies and governments. Our network covers 58 countries and territories, and we’re here to use our unique expertise, capabilities, breadth and perspectives to open up a world of opportunity for our customers. HSBC is listed on the London, Hong Kong, New York, and Bermuda stock exchanges. To view our social media terms and conditions please visit the following webpage: http://www.hsbc.com/social-TandCs
- Website
Overview of the Role
We are currently seeking an experienced professional to join our team in the role of Assistant Vice president - HBEU Reporting operations
Job Description
• Ensuring consistency among various reporting deliverables in integrated reporting including but not limited to financial statement, capital adequacy & liquidity coverage.
• Manage Delivery of high quality regulatory outputs including regulatory returns, disclosures and internal MI & Presenting to the stakeholders and seeking sign off’ s before regulatory submission or submission for group.
• Support the production of existing and designing new integrated reporting information requirements and disclosures (ensuring best practice and compliance with listing requirements and regulatory standards).
• Proficiency in handling the audit & review queries from internal audit, external audit & regulators supervisory controls (S166).
• Ensuring that all assurance checks are performed ahead of finalization of numbers and preparation of assurance packs for sign off meetings including variance analysis and review of controls checklist.
• To be well versed with regulatory interpretation & definition prescribed in various regulation including ECB guidelines, PRA regulation, Applied policies & accounting standards.
• In-depth knowledge of at least two verticals in either of Financial reporting / Regulatory Reporting / Liquidity reporting.
• Work with Finance Change delivery, Global Regulatory policy and Remediation programs on upcoming Regulatory changes, business requirements and system enhancements to ensure the solutions delivered are fit for purpose and meets the desired objectives.
• Handling ad hoc queries and analysis of reports for management review periodically.
• Active participation in User Acceptance Testing (UAT) for every change/release to drive consistency and efficiency and also highlighting the issues and taking it for remediation.
Required & Preferred Qualifications
Skill
• Sound knowledge of the Financial/Banking Services industry, products and systems.
• Sound understanding of IFRS, experience in analysis of financial statements, IFRS and audit/compliance
• Flexibility, tenacity and the ability to maintain enthusiasm on long running or complex process re-design initiatives.
• Very strong MS Office skills. (ability to use macros, arrays and other advanced excel formulas)
• Prior experience in Regulatory Reporting, Liquidity or Financial Reporting function will be an advantage.
• Preferably having knowledge and experience in Basel III/CRDIV and PRA regulatory rules; AOP & Stress Testing reporting.
• The role holder will also continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.
• Knowledge of Python, R, Xceptor or any upcoming technology used within Finance for automation would be preferred.
Experience
A qualified professional (preferably CA or ICWA or MBA or CFA) with overall post qualification experience of 8+ years.