Lead - Central Securities Depository Risk

HSBC Holdings plc; Bengaluru; Hybrid; INR 6,000,000 - 9,000,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

HSBC is seeking a Lead - Central Securities Depository Risk in Bangalore. This senior role will design a governance framework for central securities depositories, coordinating risk reviews and regulatory reporting with global consistency.

You will build a global risk management operating model, drive industry advocacy, and lead a high-performing team to oversee risk, resiliency, and data governance for FMIs.

Qualifications

• Bachelor’s or Master’s Degree in finance / accounting preferred.
• 7–10 years of experience in financial markets infrastructure.
• In-depth knowledge of central securities depositories and regulatory frameworks.
• Experience with risk identification, assessment, mitigation and monitoring.

Responsibilities

• Lead governance for central securities depositories and roll out global risk framework.
• Collaborate with stakeholders to define risk management and drive industry advocacy.
• Assess contingency plans and regulatory changes for resiliency management.
• Oversee data repository management for regulatory reporting and oversight.
• Build and lead a high-performing risk oversight team.

Skills

Risk management

Regulatory frameworks

Stakeholder management

Strategic thinking

Education

Bachelor’s or Master’s Degree in finance / accounting

Job description

Lead - Central Securities Depository Risk

Location: Bangalore, KA, IN, 560076

Brand: HSBC

Area of Interest:

Role Workstyle: Hybrid Worker

Some careers shine brighter than other.

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 Lead - Central Securities Depository Risk.

In this role, you will:

• Spearhead the creation of a governance framework for central securities depositories, ensuring the risk management model is rolled out with global consistency. Manage significant risks identified through risk assessment or ongoing monitoring through appropriate committees and governance forums.
• Work closely with business stakeholders to define the risk management framework and drive market advocacy in industry forums. Be a part of a new team in conducting risk reviews on central securities depositories, and coordinate with internal stakeholders to ensure identified exposures are managed efficiently.
• Assess the contingency plans of central securities depositories as well as regulatory changes for our resiliency management.
• Implement processes in monitoring rulebook changes to ensure any corresponding changes are reviewed to ensure risks arising are reviewed and managed.
• Oversee the management of the global data repository for central securities depositories to ensure timely and accurate submission of regulatory reports.
• Design and execute a risk management and governance operating model for central securities depositories with the support of Financial Market Infrastructure Management and Transformation.
• Build and lead a high-performing team dedicated to risk oversight, due diligence and resiliency management of Financial Market Infrastructure.
• Set up and oversee the management of the global data repository for Financial Market Infrastructure to fulfill regulatory reporting requirements.

To be successful, you will:

• Bachelor’s or master’s Degree in finance / accounting preferred.
• 7-10 years of experience in financial markets infrastructure.
• In-depth knowledge of central securities depositories as a type of financial markets infrastructure, including global regulatory frameworks, industry standards and operational resilience.
• Strong expertise in risk identification, assessment, mitigation and monitoring, specifically tailored to central securities depositories.
• Strong understanding of key industry regulatory development around securities settlement/central securities depositories, shortening in settlement cycle.
• Strong interpersonal and communication skills, with the ability to collaborate with cross-functional teams and senior management effectively.
• Strong ability to think strategically for impact analysis to adapt to changing regulatory environments.
• Experience with emerging trends in financial markets infrastructure, including block chain and digital assets.

You’ll achieve more when you join 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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