Regulatory Reporting Team Leader

HSBC; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading international bank is seeking a Regulatory Reporting Team Leader to manage and transform the regulatory reporting structure within its Dubai office. The ideal candidate will have extensive experience with regulatory requirements, exceptional leadership abilities, and strong communication skills. This role offers a fixed term contract aligned with new labor laws in the UAE, providing opportunities for professional growth in a diverse workplace.

Benefits

Flexible working

Continuous professional development

Inclusive environment

Qualifications

• Proven experience working with banking regulators.
• Advanced knowledge of regulatory requirements issued by CBUAE, SCA, and DFSA.
• Knowledge of economic principles and analysis of financial data.

Responsibilities

• Lead the embedding of regulatory reporting processes.
• Drive strategic deliverables for regulatory reporting.
• Manage end-to-end regulatory reporting process.

Skills

Regulatory reporting experience

Communication skills

Leadership

Analytical skills

Adaptability

Education

Graduation degree

Job description

Regulatory Reporting Team Leader, IWPB - 19162

GCB5

Some careers open more doors than others.

HSBC’s International Wealth and Premier Banking (IWPB) aims to be the international bank of choice for affluent customers, supporting their domestic and international banking, and holistic wealth management needs. We help customers to take care of their day-to-day finances and to manage, protect and grow their wealth. Our international network and breadth of expertise enable us to support individuals, families, business owners, investors and entrepreneurs around the world.

HSBC are accelerating plans to transform, building on agility, innovation and customer centricity as we become a bank fit for the future. The job holder will lead the embedding of regulatory reporting process framework in the IWPB UAE.

In this role, you will be:

• Driving Regulatory Reporting strategic deliverables.
• Coordinating and delivery of the end-to-end regulatory reporting process
• Maintaining oversight of the regulatory reporting inventory for IWPB
• Leading on creating playbooks and overseeing the delivery of multiple material UAE regulatory reporting
• Acting as the single point of contact and SME for IWPB regulatory reporting requirements
• Leading transformation and driving effective changes through UAE regulatory reporting and notification process and inventory
• Embedding regulatory reporting related policies, procedures and target operating model in IWPB
• Engaging with 2LOD functions to scope and manage new reporting requirements
• Determining and implementing an optimal operating model which is scalable, owned, controlled, visible/subject to workflow, and maximizes efficiency and effectiveness. This includes engagement with department champions and support functions (HOST etc).
• Responsible early identification, work with 2LoD Stewards to scope and manage new reporting requirements, including engagement with the Central Bank and industry bodies to influence proposed/future requirements and delivery of ‘dry runs
• Co-ordinating and will deliver the end-to-end reporting process including submission management, internal escalation, and handling post submission Central Bank queries
• Validate business-as-usual report submissions via a combination of data assurance and analytical review techniques. Targeted deep-dive quality assurance reviews
• Managing ad-hoc regulatory reporting requirements; engagement with internal compliance functions (e.g. internal audit, Controls Office etc); maintaining a report inventory; and other ad-hoc tasks required to support the rapidly evolving regulatory reporting landscape
• Maintaining an oversight of a number of Regulatory Reporting strategic deliverables
• Designing and implementing end-to-end reporting process across all IWPB teams and functions that is defined, owned, IT enabled and effective.

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

• Resilient and adaptable professional with proven experience working effectively with banking regulators
• Advanced knowledge of regulatory reporting requirements issued by the CBUAE, SCA, and DFSA
• Demonstrated working ability and knowledge of economic principles, financial markets, financial services, and the analysis and reporting of financial data.
• Strong knowledge of banking and financial reporting systems architecture and key functionalities, and experience of system implementation and process improvement projects in a large financial institutions or multi-national corporations.
• Proven experience in influencing external policy agenda. Extensive knowledge and ability to adopt a constructive and pro‑active approach to changing conditions and/or regulations.
• Strong leadership capabilities of navigating, aspiring, driving, mobilising and sustaining, in line with HSBC values of open, connected and dependable.
• Ability to lead transformation and drive effective changes through people in a large matrix organization.
• Ability to form effective relationships and achieve influence at the most senior level in the organisation in a pressurised, deadline‑driven and complex environment
• Strong communication (both verbal and written) and interpersonal skills
• Graduation degree is a must to secure a UAE Visa and Work Permit
• Under the New Labour Law, only fixed term contracts shall be available to all employees of HSBC UAE (except DIFC and ADGM employees) – hence in line with the term of work permit, a 4 years’ contract would be issued

You’ll achieve more at HSBC.

HSBC is 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 believe diversity brings benefits for our customers, our business and our people. Different ideas and perspectives help us innovate, manage risk and grow the business in a sustainable way. 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 The Hong Kong and Shanghai Banking Corporation Limited.