Manager - Regulatory Reporting

HSBC Holdings plc; Chennai; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

HSBC Holdings plc is seeking an experienced professional for the role of Manager- Regulatory Reporting in Chennai, India. The role focuses on delivering PRA regulatory submissions across multiple reporting domains, and on accurate RWA calculations and data quality improvements.

You will support regulatory changes, update process documentation, and assist with training for team members while ensuring compliance with evolving regulatory frameworks.

Qualifications

• Experience in regulatory reporting within banking/financial services.
• Ability to review large data sets and identify trends and anomalies.
• Knowledge of Basel III, IFRS and related regulatory changes.
• Understanding of control frameworks and ability to implement controls.

Responsibilities

• Execute and deliver PRA regulatory submissions across domains such as Capital, Leverage, RWA, Pillar 2 and Pillar 3 disclosures.
• Perform RWA calculations and ensure accuracy of data elements.
• Contribute to data quality improvements and remediation actions.
• Update process documents and assist with training on regulatory changes.
• Provide audit evidence and support for internal/external audits.

Skills

Regulatory reporting

Data analysis

Financial services

Attention to detail

Communication

Education

CA/CS/ICWA

MBA (Finance)

Engineering degree

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 Manager- Regulatory Reporting

In this role, you will:

• Execute and deliver the Group’s PRA regulatory submissions emanating from various regulatory reporting domains including but not limited to Capital, Leverage, RWA Indicators consisting of PRA101, COREP, , External disclosures, Pillar 2 and Pillar 3 disclosures. The specific responsibilities and focus areas will be tailored to the needs of the assigned role within the Regulatory Reporting team.
• Execute RWA(Risk Weighted Assets) calculation and reporting tasks as per defined procedures; ensure complete accuracy and completeness of assigned data elements.
• Provide inputs in RWA(Risk Weighted Assets)optimization activities by gathering data, performing root cause analysis on data quality issues, and implementing corrective actions.
• Support communication of regulatory changes by updating process documentation and assisting with training sessions for team members.
• Provide documentation and evidence for audits; track and implement remediation actions as directed.
• Proactively monitor regulatory developments and maintain a framework to assess compliance with regulatory framework on an ongoing basis.
• Take appropriate measures to provide support to the leads with internal and external auditors’ requirements to assess the compliance of reporting framework.
• Provide support for regulatory changes including the interpretation of new regulatory requirements and ensure systems are developed to meet new requirements.
• Support delivery of regulatory transformation initiatives and support roll out of strategic projects such asBasel 3 reforms.
• Proactively escalate key reporting issues in an effective and timely way

To be successful you will:

• Qualified CA, CS, ICWA, MBA (Finance) or Engineering degree with interest in Financial Services
• Deliver accurately against fixed deadlines.
• Review large data sets and draw out strategic insights as well interpret data and identify trends/anomalies particularly in the context of business, macro-economic or regulatory drivers, as well as the ability to work quickly & accurately to tight deadlines.
• Knowledge of regulatory and financial reporting frameworks such as Basel 3 reforms, IFRS etc. and relevant regulatory changes in a global environment.
• Good understanding of financial products and general accounting principles, and more generically the banking business, balance sheet, income statement, off balance sheet.
• Good knowledge of Saracen
• Understanding of control frameworks and how to implement effective controls in practice.
• Strong attention to detail and being solution oriented.Strong communication skills and an ability to communicate complex ideas in a simple manner

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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