Compliance Advisory Lead – Regulatory Risk

The Hongkong and Shanghai Banking Corporation Limited (HSBC); Taguig; On-site; PHP 2,000,000 - 3,000,000; Full time

Job summary

HSBC Philippines is seeking an experienced professional to join our team as Manager Compliance Advisory, a key strategic risk steward role with responsibility for Regulatory Compliance risks across the business. You will provide oversight, guidance and advisory services to ensure effective controls and compliance with laws, internal codes and market practices.

You will articulate risks for the Philippines, work with the LOB and regional teams, stay ahead of regulatory changes, and develop policy

Qualifications

• Significant experience as a regulator, or a compliance manager across all areas of Compliance risk within a global firm, in the financial services industry.
• Detailed and extensive knowledge of the HSBC Group structure, its business and personnel, and HSBC’s corporate culture.
• Excellent communication and inter-personal skills, with experience of dealing with executives at all levels.
• Ability to develop practical, cost effective solutions to complex local/regional/global issues.
• A professional background in a relevant risk or audit discipline.

Responsibilities

• Articulate the Regulatory Compliance risks for the Philippines and applicable line of business.
• Primarily to support the applicable line of business in the Philippines, to maintain an effective control framework and to ensure compliance with all relevant external laws & regulations, internal codes and policies, and good market practices.
• Provide advisory services to the applicable line of business in the Philippines in order to ensure clear understanding of compliance risk exposure with respect to clients, transactions, and products.
• To exercise risk steward review and challenge, act as independent trusted advisor in governance forums, issues management, fostering a compliance culture, and optimizing relations with risk owners and control owners.
• To stay at the forefront of key regulatory changes to ensure proactive communication with the business and develop appropriate policy and framework to manage the changes, particularly extra territorial changes and those that may result in breaches or penalties.
• Primary point of contact of the LOB on day-to-day channel concerns to ensure processes are coordinated, implementation risks and issues are considered and addressed.

Skills

Regulatory compliance

Risk management

Communication

Stakeholder management

Problem solving

Education

Regulatory/risk/audit discipline

Job description

HSBC Philippines is seeking an experienced professional to join our team as Manager Compliance Advisory, a key strategic risk steward role with responsibility for Regulatory Compliance risks across the business. You will provide oversight, guidance and advisory services to ensure effective controls and compliance with laws, internal codes and market practices.

You will articulate risks for the Philippines, work with the LOB and regional teams, stay ahead of regulatory changes, and develop policy