Head of US Regulatory and Group Functions Legal

HSBC Holdings plc; Buffalo (NY); On-site; USD 210,000 - 320,000; Full time

Benefits offered by this job

Wellness Hub

Volunteerism program

Matching gift program

Inclusive work environment

Job summary

HSBC Holdings plc is seeking a senior regulatory leader to guide US bank regulatory strategy and risk management. The role provides expert legal and strategic counsel to senior management and operates across US and global regulators.

You will lead a high-performing team of lawyers, collaborate with Legal, Public Affairs, and business units, and shape regulatory policy advocacy to support sustainable growth while staying compliant with evolving requirements.

Qualifications

• JD is a mandatory requirement.
• Experience at a US regulated bank or bank holding company strongly preferred.
• Strong understanding of US and North America regulatory landscape and cross-Atlantic issues.
• Ability to influence senior sponsors and collaborate with internal and external stakeholders.

Responsibilities

• Provide expert legal and strategic advice on US bank regulatory issues to senior management and functions.
• Lead regulatory policy advocacy initiatives with US and global regulators, in partnership with Legal, Public Affairs, and business teams.
• Build and lead an inclusive, high-performance team of lawyers across US and global functions.
• Partner with senior executives and business stakeholders to drive growth while effectively managing legal and regulatory risk.
• Oversee external spend related to regulatory advice and ensure value and control.

Skills

US regulatory experience

Leadership

Legal advisory

Stakeholder management

Communication

Education

Juris Doctor (JD)

Job description

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. HSBC may engage in immigration sponsorship for this position if needed.

Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC, we use our unique expertise, capabilities, breadth, and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities, and the planet we all share.

Why HSBC

HSBC is one of the largest banking and financial services organisations in the world. Guided by our purpose of opening up a world of opportunity, our ambition is to become the world’s most trusted bank globally, putting customers at the heart of everything we do.

Global Legal plays a key role in protecting HSBC’s reputation by helping to future-proof the organisation through robust legal risk and issue advisory. This role provides expert legal and strategic advice to senior management, businesses and functions on US bank and bank holding company regulatory issues and related North America and cross-Atlantic prudential policy matters. You’ll help ensure legal and reputational risks are identified, reported and mitigated across critical US regulated entities within a systemically important global bank. Success means delivering clear, practical advice that supports sustainable business growth while keeping activity within the letter and spirit of the law. You’ll set direction for regulatory policy advocacy with US and global regulators in partnership with Legal, Public Affairs and business and functional teams. You’ll also build a strong team environment that supports development, inclusion and consistent execution across the US Legal function.

In This Role, You Will

• Leverage your deep banking experience working at a US regulated bank and bank holding company, which are critical legal entities of a systemically important global bank, to provide expert and professional legal and strategic advice, guidance, and support to ensure that the legal and reputational risks faced by businesses in the US are identified, reported and mitigated
• Be a leader and trusted advisor to the businesses and functions in the U.S. and globally on bank and bank holding company regulatory issues, as well as North America and cross- Atlantic prudential policy matters
• Be a key leader for the company’s regulatory policy advocacy initiatives with U.S. and other global regulators (including banking, financial, securities, and derivatives regulators), collaborating with Legal, Public Affairs, and business and functional partners in the U.S. and globally
• Partner cross functionally assess risk and to solve complex regulatory issues
• Lead and manage an inclusive team of lawyers to support the company
• Coordinate, communicate and execute the strategic and operational objectives of the US Legal function
• Partner with senior executives and business stakeholders to drive growth while managing legal and regulatory risk
• Actively manage external spend related to regulatory advice required by the business
• Act as a member of the US Legal Leadership Team, contributing as required on both regional and global issues and leadership actions
• Evaluate and respond to changes in legal and regulatory requirements as they arise, including acting as the interlock with U.S. and other global regulators, where applicable

Accountabilities For Business, Customers And Stakeholders

• Advise on a plan that supports sustainable business growth in the US, North America and globally, and protects the bank, enabling the business to operate safely and within the letter and spirit of the law
• Engage with the wider business and global function agendas, knowing and understanding the business to proactively provide sustainable solutions to regulatory issues, as well as challenging the business to ensure that appropriate controls are in place
• Deliver of strong leadership and partnership that includes guidance, challenge, support and development for staff. Team and associated knowledge is recognised and valued by stakeholders

Leadership & Teamwork

• Lead through change and acts as a role model for new ways and standards of working being open, dependable and connected
• Identify, develop, retain and motivate teams
• Lead and develop an effective team through communication, performance management, development plans and reward/recognition practices
• Promote an environment that supports inclusion and reflects the HSBC brand

Drive Future Focused Strategy

• See beyond the ‘day to day’ work; taking a broad strategic view of the business
• Creates strategies with insight and knowledge of the market, customers, competitors and digital technology

Demonstrate new ways of working to improve performance

• Take both a global and regional perspective on business issues

Inspire & Role Model

• Collaborate proactively with employees at all levels and incorporate feedback
• Create buy-in to strategy enabling others to understand purpose and direction
• Widely acknowledged for attracting strong, talented teams and building networks

Balance Growth And Risk

• Work collaboratively across functional/business/geographic boundaries, sharing ideas and resources to mutual advantage

Execute For Results

• As a trusted advisor to the Business, continually adapt to deliver what is a priority
• Balance the need for consensus, consultation and rigor with the need to drive progress
• Drive quickly to decisions based on available data and input
• Successfully complete Anti-Money Laundering and Sanctions training and post-course assessment as required

Requirements

• JD is a mandatory requirement
• Experience working at a US regulated bank or Bank Holding Company, with experience handling bank and bank holding company regulatory issues strongly preferred
• Comprehensive understanding of the global and regional strategy for HSBC
• Understanding of the legal landscape, regulatory requirements and political influences across the US and North America and on a cross-Atlantic basis, and the impact for international institutions
• Think broadly, have valid opinions and awareness of trends and changes within the US and North America-particular legislative and regulatory trends
• Experience working at a U.S. banking regulator or a U.S. government agency (e.g., U.S. Treasury) preferred
• Ability to influence thinking and behaviours regionally and globally, can provide concise legal solutions to senior business sponsors; collaborate with internal and external stakeholders proactively to recommend or determine a course of action
• Exhibit robust judgement and decision making, and is resilient to challenge
• Background of working in legally sensitive, evolving environments, balancing commercial, reputational and regulatory objectives
• A track record of creating, leading and motivating teams; assembling the right expertise and effectively managing human capital to ensure correct coverage
• Has advised and influenced courses of action in the business and with regulatory bodies

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

Your final fixed pay offer will depend on the candidate and several variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.