AVP Payment Services

HSBC; Singapore; On-site; SGD 60,000 - 85,000; Full time

Job summary

HSBC is seeking a Regulatory Reporting Manager to lead daily operations and ensure compliance within the regulatory reporting team. The role involves monitoring vendor performance, managing capital account transactions, and contributing to the bank's strategic objectives. Candidates should have banking experience and strong stakeholder management skills.

Qualifications

• 1-3 years of banking experience.
• At least 1 year managing Capital Account Transactions.
• Experience with ECB, ODI, FDI, BOLOPO.

Responsibilities

• Oversee daily operations of the regulatory reporting team.
• Manage regulatory reporting activities per RBI and other standards.
• Maintain Business Continuity plans.
• Ensure compliance with internal and external regulations.

Skills

Knowledge of FEMA regulations

Stakeholder management

Strong communication skills

Decision-making skills

Problem-solving skills

Customer-centric approach

Job description

Job Description

Some careers open more doors than others. If you're looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. 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.

Job Introduction

Manage and control daily operations and administration of the regulatory reporting team, including the timely processing of all capital account queries and transactions (ECB/ODI/FDI/BOLOPO, etc.), regulatory filings, RBI liaison, and customer and business engagement. Ensure high efficiency and customer service to help attain the bank's strategic and operational objectives.

Monitor external vendors and staff performance, ensure process standardization, and regularly update process notes. Oversee regulatory reporting activities as per RBI and other regulators' requirements. Maintain an effective Business Continuity plan and ensure timely completion of BC exercises. Ensure daily processes adhere to defined procedures and policies.

Contribute to performance metrics such as cost management, TAT, accuracy, and customer satisfaction. Maintain HSBC internal control standards, address audit points, and comply with external regulator issues. Implement group compliance policies and be aware of operational risks associated with the role.

Principal Responsibilities

• Oversee daily operations of the regulatory reporting team, ensuring efficiency and customer service.
• Monitor vendor and staff performance; ensure process standardization and regular updates.
• Manage regulatory reporting activities as per RBI and other regulators' standards.
• Maintain Business Continuity plans and ensure timely BC exercises.
• Ensure processes follow established procedures and policies.
• Contribute to performance indicators including cost, TAT, accuracy, and customer satisfaction.
• Maintain internal controls, address audit findings, and ensure compliance with external regulations.
• Be aware of operational risks and mitigate accordingly.

Requirements

This role requires 1-3 years of banking experience, with at least 1 year in managing Capital Account Transactions such as ECB, ODI, FDI, BOLOPO. Skills required include:

• Knowledge of FEMA regulations
• Stakeholder management
• Strong communication and decision-making skills
• Problem-solving and thinking skills
• Customer-centric approach to support business growth

HSBC is committed to a culture of valuing diversity, continuous professional development, and inclusive growth.