Assistant Vice President - Regulatory Reporting

HSBC Holdings; Chennai; On-site; INR 2,500,000 - 4,500,000; Full time

Job summary

HSBC Holdings in Chennai, India, invites an experienced professional for the role of Assistant Vice President - Regulatory Reporting. You will own end-to-end BAU reporting, oversee RWA production, and provide governance input with senior leadership.

Responsibilities include delivering PRA/ECB disclosures, ensuring IFRS compliance, and embedding robust controls across reporting processes while coordinating with Finance Change, Business, and Regulatory Policy teams.

Qualifications

• Must have regulatory/financial reporting experience in a large financial services entity.
• Strong technical understanding of regulatory requirements (e.g., PRA/ECB) and IFRS disclosures.
• Able to lead complex change projects and drive process improvements.

Responsibilities

• Own end-to-end BAU regulatory reporting and review processes.
• Finalize RWAs (production) with complete reconciliations and adjustments.
• Present to governance bodies and challenge with regional Financial Controller.
• Deliver regulator returns (PRA/ECB) with accuracy and timeliness, including ad hoc requests.
• Collaborate with Finance Change, Business, Accounting and Regulatory Policy on reporting changes.

Skills

Regulatory reporting

Stakeholder management

Governance & controls

Problem solving

Education

CA/CMA/ACCA or MBA Finance

M.Com or equivalent

Job description

Some careers shine brighter than others.

If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. 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.

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 Vice President - Regulatory Reporting.

In this role, you will:

• End-to-end process ownership for preparation, review and assurance of all BAU reporting requirements (internal and external).
• Responsible for finalization of RWA’s (production) by ensuring the completeness of adjustments, reference tables, performing detailed analytical review, ensuring completeness for reconciliations and providing timely updates to management on key drivers.
• Attendance and challenge at governance sign off meetings providing assistance to the regional Financial Controller and HCIB Head of Reporting Operations.
• The delivery of reporting requirements to the PRA/ECB covering financial and regulatory returns, ensuring accuracy, and timeliness; including ‘Ad Hoc’ regulator requests.
• Work closely with strategic change programmes (Integrity of Regulatory Reporting) as well as the Controls Office team, ensure these outcomes are embedded into reporting
• External disclosures are fully compliant with listing requirements and relevant standards (e.g. IFRS) and are meaningful to the readers of the financial statements and other external publications.
• Understanding and implementation of control frameworks with continuous efforts ensuing adherence to controls framework and document the limitations, controls weakness in more timely and effective manner.
• Maintain strong collaborative working relationship across Group / HCIB Functions. Also, working closely with various stakeholders like Finance Change delivery, Business and Accounting and Regulatory Policy to understand, plan and deliver change initiatives including new reporting requirements.

To be successful you will:

• Qualified accountant (CA/CMA/ACCA or equivalent) or MBA Finance from a reputed institute with 8+ yrs. or M.com or equivalent degree with 10-12 yrs. experience in Regulatory/Financial Reporting/ Analysis.
• Experienced Finance Professional with a proven track record of delivering Regulatory Reporting or Financial Reporting obligations within a large-scale financial services entity.
• Strong technical understanding of requirements underpinning regulatory and/or financial reporting in areas like Capital, Regulatory Reporting, RWA calculations, Leverage, etc.
• Understanding of financial products and how they impact reporting requirement, and more generically the banking business, balance sheet and P&L.
• Strong ability to anticipate, identify and mitigate risks and apply appropriate controls over reporting processes.
• Experience in playing a key role in leading and delivering a complex change project in the Regulatory reporting space and / or track record of delivering continuous process improvements through technology and non-technology solutions.
• Ability to work in a dynamic environment with strong management, decision-making, problem-solving, and interpersonal skills including the ability to listen to and influence stakeholders at all levels, and to build consensus among a wide range of internal and external customers with conflicting priorities.

You’ll achieve more at HSBC

www.hsbc.com/careers

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.”

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