GDM Lead- Operational Hub- Regulatory Reporting

HSBC Holdings plc; Bengaluru; On-site; INR 4,500,000 - 7,000,000; Full time

Job summary

HSBC Holdings plc in Bengaluru seeks a GDM Lead- Operational Hub- Regulatory Reporting to oversee end‑to‑end regulatory reporting controls across Asia, Middle East, Europe and the US. You will drive remediation, governance packs, and metrics for HTS/OTCD reporting in a global environment.

The role demands deep knowledge of HKMA, MAS, ASIC, EMIR, CFTC, SFTR, CSA reporting, with prior people management experience and a strong drive for continuous improvement within risk/control frameworks.

Qualifications

• Degree in banking/finance/risk management/business.
• Strong organizational, analytical and problem‑solving skills.
• Proven ability to manage multiple initiatives and stakeholders.
• Experience with strategic initiatives and system architecture is a plus.
• Experience in people management.
• Comprehensive knowledge of HKMA, CFTC, MAS, ASIC, EMIR, CSA & SFTR reporting.
• Good understanding of end‑to‑end OTC derivative lifecycle.
• 15+ years in risk/control within an Investment Bank/Financial Institution.
• Rigorous controls mindset to minimize operational risk.
• Strong communication and global team experience.

Responsibilities

• End‑to‑end analysis for regulatory change projects (MiFID2, EMIR, CFTC, SFTR) and strategic architecture implementations.
• Prioritize JIRAs across regions to balance stakeholder needs for remediation.
• Partner with RRO/Consumer Oversight on remediation backlogs and timelines.
• Collaborate with Global Regulatory Middle Office to identify and remediate issues.
• Generate periodic and ad‑hoc regulatory reporting metrics for management.
• Deliver Global Control Framework activities for HSBC OTCD reporting obligations.
• Interact with offshore/onshore colleagues in daily controls.
• Produce regional Trade Reporting Governance packs for front‑to‑back reviews.
• Apply knowledge of HSBC regulatory obligations to ID inefficiencies and drive improvements.
• Participate in Working Groups and Project meetings to resolve issues.
• Mitigate new reporting issues with acquired knowledge.
• Process stakeholder requests/queries in a timely, accurate manner.
• Lead team activities: task allocation, performance reviews, and administration.

Skills

Regulatory reporting

Stakeholder management

Regulatory risk controls

Leadership

Analytical skills

Project management

Education

Banking/Finance degree

Tools

JIRA

MS Projects

MS SharePoint

Confluence

QlikView

Power BI

Python

SQL

VBA

Job description

Job title: GDM Lead- Operational Hub- Regulatory Reporting

• It is a global, cross-asset-class role that works closely with front-to-back stakeholders to ensure key controls are in place to reduce HSBC’s overall regulatory risk. The team are considered the ‘Control Owners’ for Over the counter and Exchange-Traded Derivatives Trade & Transaction Reporting. They are responsible for ensuring that HSBC’s various reporting obligations (HKMA, ASIC/MAS, MIFID, EMIR, SFTR, CFTC, CSA, SEC) are met in a timely and accurate fashion.
• The current requirement is for the Regulatory reporting team covering operational oversight across various regions including but not limited to Asia, Middle East, Europe and the United States; The role is intended to enhance the transparency of the trades and transactions by requiring the market participants who enter into derivative contracts to report all the event lifecycle of trades/transactions in a sequential order to different trade repositories as expected by regulators.

In this role, you will:

• Responsible for the end-to-end analysis for Regulatory Change projects such as (MiFID2, EMIR, CFTC, SFTR etc.) and internal Strategic Architecture implementations
• Prioritization of all outstanding JIRAs, balancing the often-conflicting priority from different regions and business stakeholders, to ensure that time and resources are used efficiently for remediation
• Partner with RRO / Consumer Oversight in ownership of remediation backlogs, tracking progress and resolution timeframes with action owners
• Working with the Global Regulatory Middle Office function to identify, elevate and potentially remediate issues and reporting defects
• Assist in the generation of periodic and ad-hoc Regulatory Reporting management information metrics
• Delivering Global Control Framework activities for HSBC’s Global OTCD Trade Reporting Obligations
• Interacting with Offshore / Onshore colleagues as part of daily controls
• Producing regional Trade Reporting Governance packs for presentation to front-to-back stakeholders
• Understand HSBC’s Global Regulatory Obligations, System Infrastructure & Reporting Mechanisms as well as OTC Derivative Products and the OTCD Market, and utilise this knowledge to identify reporting or operational inefficiencies and drive improvement
• Participate in Working Groups and Project meetings to drive for resolution of key issues
• Use acquired knowledge to identify and mitigate new reporting issues
• Process all stakeholder (internal and external) requests/queries in timely and accurate manner
• Team management activities with regards to task allocation, performance reviews and team administration.

To be successful you will:

• A degree in banking / finance / risk management / business
• Highly motivated, with strong organizational, analytical and problem-solving skills, possessing follow through, ability to manage, monitor, track, and clearly communicate progress on multiple initiatives
• Evidence of effective relationship management (both internal and external) should be able to ensure strong business relationship across d Middle office, Front office and Regulatory compliance is established and maintained.
• A prior working experience on strategic initiatives, including system architecture/ re-architecture will be an added benefit
• A prior experience of managing people is a must
• Comprehensive knowledge of the main aspects of HKMA, CFTC, MAS, ASIC, EMIR, CSA & SFTR trade reporting
• Good understanding of the trade -regulatory landscape is essential
• Good understanding of end-to-end trade lifecycle of typical OTC Derivative products
• At least 15 + years previous experience in a risk / control environment (or similar) within an Investment Bank/Financial Institution
• Rigorous approach to controls and the minimization of operational risk
• Strong analytical skills are essential
• Aptitude for continuous improvements and operational effectiveness with ability to identify issues / inefficiencies and realize solutions
• Technical understanding of how systems deliver regulatory reports, and Trade Repository limitations and behaviors
• Excellent written and verbal communication skills
• Experienced in working with virtual / global teams and functional management
• Ability to challenge and question in a constructive manner with strong analytical & investigative skills
• Strong inter-personal skills: the ability to handle conflict and manage expectations
• Self-motivated with proven ability to prioritize tasks, set targets, and meet deadlines with an organized and structured approach
• Strong leadership skills with ability to oversee and support direct reports with daily activities, identifying development opportunities

What additional skills will be good to have?

• Knowledge of ETL tools (QlikView, Power BI)
• Coding skill in VBA, Python, SQL.
• Proficiency in project management and workflow tools (JIRA, MS projects, MS SharePoint, Confluence)
• Previous experience in a risk / control environment (or similar) within a global Investment Bank/Financial Institution.
• Prior experience with managing internal/external audit and working with global regulators would be a plus.
• Financial Risk Manager (FRM ®) Certification – GARP

Hsbc.com/careers

You’ll achieve more at HSBC

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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