MREL- Project Management

capco; India; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Capco is seeking a CA-backed finance professional to manage MREL regulatory reporting for HSBC's IRR program. The role emphasizes implementing controls, documenting processes, and ensuring data quality within HELIOS, with close collaboration to BAU and treasury teams.

Experience in SOX/compliance, stakeholder engagement, and change delivery within the financial services sector will help drive successful regulatory uplift through BAU.

Qualifications

• Chartered Accountant with audit background and experience in finance control frameworks.
• Strong relationship management and stakeholder engagement skills.
• Experience in change and transformation programmes within finance/regulatory reporting.

Responsibilities

• Produce and maintain process documentation for IRR/ MREL reporting.
• Design, implement and capture controls in HELIOS system.
• Capture Data Dictionary and Data Lineage for regulated returns.
• Capture data quality controls and regulatory interpretations for business leads.
• Collaborate with BAU and treasury teams on regulatory reporting requirements.

Skills

Regulatory reporting

Stakeholder management

Data analysis

Controls & SOX

Process documentation

Education

Chartered Accountant

Tools

HELIOS

Job description

Job Title: MREL - PM

About Us

"Capco, a Wipro company, is a global technology and management consulting firm. Awarded with Consultancy of the year in the British Bank Award and has been ranked Top 100 Best Companies for Women in India 2022 by Avtar & Seramount . With our presence across 32 cities across globe, we support 100+ clients across banking, financial and Energy sectors. We are recognized for our deep transformation execution and delivery.

WHY JOIN CAPCO?

You will work on engaging projects with the largest international and local banks, insurance companies, payment service providers and other key players in the industry. The projects that will transform the financial services industry.

MAKE AN IMPACT

Innovative thinking, delivery excellence and thought leadership to help our clients transform their business. Together with our clients and industry partners, we deliver disruptive work that is changing energy and financial services.

#BEYOURSELFATWORK

Capco has a tolerant, open culture that values diversity, inclusivity, and creativity.

CAREER ADVANCEMENT

With no forced hierarchy at Capco, everyone has the opportunity to grow as we grow, taking their career into their own hands.

DIVERSITY & INCLUSION

We believe that diversity of people and perspective gives us a competitive advantage.

Job Description

Role Context

Integrity of Regulatory Reporting-PRA (IRR) was set up to enhance HSBC's end-to-end prudential regulatory reporting process and controls as a whole and embed this as a sustainable long-term change for the Bank.

Regional programmes have been set up to establish local governance to oversee Regulatory Reporting Risk; work with BAU teams to review prioritised Regulatory Returns and uplift controls against the IRR standards, implement roles and responsibilities.

This programme is now nearing closure and the ongoing delivery for IRR control uplifts for new Regulatory Reporting changes is moving to BAU, sitting in CSSR Change Delivery. Initial BAU deliverables relate to Regulatory Changes to Minimum Requirement for Own Funds and Eligible Liabilities (MREL) reporting.

The IRR control uplifts will ensure we have these controls in place for each in scope return or disclosure:

1. Traceability of Rules & Policy Interpretations applied to prepare the returns
2. Process Documentation on ARIS
3. Risks & Controls identified and loaded into HELIOS
4. Risks & Controls are subject to periodic monitoring & assurance
5. Data subject to the Data Management policies & procedures1
6. Skilled resources with the right capabilities are embedded in BAU

Specific workstreams have been established to deliver the IRR requirements, the scope of each pertaining to specific set of returns. This role will be focussed on the MREL reporting requirements delivered by the Treasury Capital Management teams in the Group.

The role holder is required to perform a range of activities across the specific sub-workstreams including:

• Produce & maintain Process documentation
• Design, Implement and Capture Controls on Helios
• Capturing the Data Dictionary & Data Lineage
• Capturing the Data Quality controls
• Capture the Regulatory Rules & Interpretations applied by the Business for the returns

Knowledge & exp:

Chartered Accountant with an Audit background - Experience in, and thorough understanding of, managing, overseeing and applying controls across a Finance function, including those underpinning SOX and Operational Risk frameworks - Good relationship management, collaboration and influencing skills - Good interpersonal and communication skills, both written and oral. - Confident and comfortable and experienced in engaging senior stakeholders - A leader, comfortable taking initiative - Drive, commitment and focus on operational excellence - Experience of resolving issues and problems by a systematic approach - Data and process analysis skills - Committed to continuous improvement, self-motivated, confident, creative and capable of working effectively autonomously as well as part of a team - Prior experience of designing and implementing new controls and processes - Experience in change and transformation programmes - Cross-Finance knowledge and experience. - Knowledge of MREL regulatory reporting an advantage. - Understanding of HSBC Group structures, values, behaviours, processes and objectives