Traded Risk Senior Manager Regulatory Reporting

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Traded Risk Senior Manager Regulatory Reporting, London

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Client:

HSBC Global Services Limited

Location:

London, United Kingdom

Job Category:

Finance

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EU work permit required:

Yes

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Job Reference:

2d04ce01d5fd

Job Views:

5

Posted:

24.04.2025

Expiry Date:

08.06.2025

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Job Description:

Traded Risk Senior Manager Regulatory Reporting

Some careers open more doors than others.

If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

Our Risk and Compliance function has a critical role to play in supporting, challenging and advising across all areas of the business through establishing policy, monitoring profiles, and identifying and managing forward-looking risk and compliance. We focus on creating an environment that encourages our people to speak up and do the right thing, as well as protecting our customers, the organisation and the integrity of the financial markets in which we operate. Already an industry-leader in many respects, we want to continue setting standards and evolving to respond to strategic changes.

The purpose of the role is to embed Traded Risk Regulatory Reporting Stewardship and apply Subject Matter Expertise to this activity. This function is responsible for providing risk stewardship, design and effectiveness testing on Traded Risk activities related to regulatory reporting, covering both Financial and non-Financial Risk processes. The role holder will also be responsible for developing details of our approach to Risk Stewardship in this area, interaction with a similar Treasury Risk team and with the wider Traded Risk team.

As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

In this role you will:

• Ensure that the approach to Traded Risk Assurance is appropriately defined and scoped, promoting and implementing synergies and efficiencies while securing an optimal and best in class control environment.
• Challenge control and risk owners to ensure that risk management activities are working effectively. This includes the following activities
  • Provide subject matter expertise, advice, guidance, and effective challenge to the Risk and Control Owners;
  • Monitoring compliance with the minimum requirements applicable to the management of Traded Risk, as set out in relevant policies.
  • Be aware of impacts of external environment changes, emerging risks and changes to the business strategy;
  • Work with the business to understand the impact of emerging risks that require changes to controls, resources and business operations to ensure they remain within appetite;
  • Perform horizon scanning to the new or changed regulation/products/services, which require changes to the controls, processes and governance and work with the business to understand the regulatory reporting risk impact.
  • Support definition of minimum control standards, with input from Risk Owners, and Control Owners, specifying key risks and key controls and providing guidance on continuous monitoring expectations;
  • Work closely with the Traded Risk Assurance team, who is responsible to perform detailed assurance review/sampling/testing.
  • Recommend Risk and Control Assessment (“RCA”) scoping, and challenge where this is not appropriately applied in the RCA; and
  • Challenge Risk and Control Owners on risk and control management, including inherent risk, residual risk, control effectiveness ratings, issues, actions and events.
• Respond to and, when required, interact directly with regulators on Assurance and Stewardship on regulatory reporting matters.

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

• Exceptional drive, commitment and focus in operational excellence
• Relevant knowledge of Traded Risk practices and of an appropriate control environment for operating Traded Risk activities with risk management experience.
• Ability to work in a dynamic environment with proven ability to handle multiple outputs at one time
• Strong interpersonal skills, with operating in a complex operational environment
• Knowledge of regulatory compliance procedures. Excellent business writing, communication, presentation and influencing skills
• A high level of professionalism and competency which helps to determine solutions around appropriate risk measures, risk processes, risk monitoring and management.
• Communication and interpersonal skills, including the capacity to articulate the case for risk management in the language of business;
• A track-record of interacting with regulators and managing regulatory interaction, with the UK, ECB, Hong Kong and US regulators a particular benefit.

This role is based in London / Hybrid.

Opening up a world of opportunity

We believe that being open to a range of perspectives and cultures is vital for our business. We work hard to ensure our diverse and inclusive workplace reflects the communities we serve. We want everyone to achieve their potential – regardless of their gender, ethnicity, disability, religion, sexual orientation or age. If you have a different way of seeing the world, we are interested in hearing from you.

HSBC is committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We are proud members of the Disability Confident Scheme, and will offer an interview to disabled candidates who meet the minimum criteria for the role.

If you would like to receive any information in a different way or would like us to do anything differently to help you apply for our roles, please contact our Recruitment Helpdesk:

Email: [emailprotected]
Telephone: +44 2078328500.

Within the workplace 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 processes in place to avoid nepotism. This means we will avoid circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process .