Mumbai, Maharashtra, India
16 days ago
Vice President Regulatory Reporting

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.

Business Descriptor:

Global Finance

Global Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our global team of finance professionals partner with the business to provide trusted insights and forward looking analysis; accuracy; efficiency and control to frame and influence business decisions

Principal Responsibilities

The VP regulatory reporting is a role within the regulatory reporting team of finance, which is responsible for preparation and initial review of various regulatory returns to be submitted to RBI to ensure compliance related to financial aspect.

The jobholder is expected to be aware of the RBI guidelines, regulations and the constant changes to them.

Key responsibilities include:

Responsible for compliance of BASEL requirement as specified by RBI and this requires coordination with Credit Services and Customer Groups. To monitor the RWA’s as per PRA/HKMA standards as required. Understand these requirements and prepare the packs prepared for the RMWGIdentify opportunities to optimize capital usage to support business achieve optimal returns on regulatory capital investmentSupport during RBI onsite inspectionAbility to understand RBI requirements (i.e interpretation and implementation of the requirements)To ensure correct and timely preparation of capital related RBI returns Archival and retrieval of information on time

Principal Accountabilities: Key activities and decision making areas

Impact on the Business

Assist SVP –Reg Reporting in highlighting to management, including ALCO and its sub-committees, the impact on business due to changes in capital related regulations.Guidance on forecast capital adequacy position based on expected business performance and changes, to enable management to actively manage capital adequacy.

Preparing the returns to be submitted to RBI in line with RBI requirements/ guidelinesTo conduct a first level review on certain returns and prepare some returns, which would be submitted to RBIMeeting the deliverables on Automated Data Flow (ADF) project.

Customers / Stakeholders

Reserve Bank of India (RBI), India’s Central Bank

Business Group/ Functions

Business Finance team/LOB’s

Statutory Auditors

Leadership Teamwork

In this role, the job holder has primarily to do a lot of teamwork within the regulatory team, CAO team, finance team and outside finance with business/ functions to ensure compliance.

Operational Effectiveness Control

Maintain HSBC internal control standards, implement and observe Group Compliance Policy and maintain awareness of operational risk and minimize the likelihood of it occurringEnsure proper filing and archival of records so that the same are available to the inspectors and to the senior managers at the time of discussionLook for opportunities for cycle time reduction and simplification

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.

Business Descriptor:

Global Finance

Global Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our global team of finance professionals partner with the business to provide trusted insights and forward looking analysis; accuracy; efficiency and control to frame and influence business decisions

Principal Responsibilities

The VP regulatory reporting is a role within the regulatory reporting team of finance, which is responsible for preparation and initial review of various regulatory returns to be submitted to RBI to ensure compliance related to financial aspect.

The jobholder is expected to be aware of the RBI guidelines, regulations and the constant changes to them.

Key responsibilities include:

Responsible for compliance of BASEL requirement as specified by RBI and this requires coordination with Credit Services and Customer Groups. To monitor the RWA’s as per PRA/HKMA standards as required. Understand these requirements and prepare the packs prepared for the RMWGIdentify opportunities to optimize capital usage to support business achieve optimal returns on regulatory capital investmentSupport during RBI onsite inspectionAbility to understand RBI requirements (i.e interpretation and implementation of the requirements)To ensure correct and timely preparation of capital related RBI returns Archival and retrieval of information on time

Principal Accountabilities: Key activities and decision making areas

Impact on the Business

Assist SVP –Reg Reporting in highlighting to management, including ALCO and its sub-committees, the impact on business due to changes in capital related regulations.Guidance on forecast capital adequacy position based on expected business performance and changes, to enable management to actively manage capital adequacy.

Preparing the returns to be submitted to RBI in line with RBI requirements/ guidelinesTo conduct a first level review on certain returns and prepare some returns, which would be submitted to RBIMeeting the deliverables on Automated Data Flow (ADF) project.

Customers / Stakeholders

Reserve Bank of India (RBI), India’s Central Bank

Business Group/ Functions

Business Finance team/LOB’s

Statutory Auditors

Leadership Teamwork

In this role, the job holder has primarily to do a lot of teamwork within the regulatory team, CAO team, finance team and outside finance with business/ functions to ensure compliance.

Operational Effectiveness Control

Maintain HSBC internal control standards, implement and observe Group Compliance Policy and maintain awareness of operational risk and minimize the likelihood of it occurringEnsure proper filing and archival of records so that the same are available to the inspectors and to the senior managers at the time of discussionLook for opportunities for cycle time reduction and simplification

- 3-5 years of work experience with an international bank.

Sound knowledge of RBI regulations.Sound knowledge of BASEL rules governing Risk Weighted Asset calculations for HKMA and UK FSA reporting.Strong communication and presentation skills.Good understanding of banking business model and products, and the implications for regulatory reporting, compliance and capital management.Good communication and presentation skillsStrong analytical and excel skillsGood interpersonal skills

HSBC is 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.

Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hongkong and Shanghai Banking Corporation Limited, India

====================================================================================================

- 3-5 years of work experience with an international bank.

Sound knowledge of RBI regulations.Sound knowledge of BASEL rules governing Risk Weighted Asset calculations for HKMA and UK FSA reporting.Strong communication and presentation skills.Good understanding of banking business model and products, and the implications for regulatory reporting, compliance and capital management.Good communication and presentation skillsStrong analytical and excel skillsGood interpersonal skills

HSBC is 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.

Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hongkong and Shanghai Banking Corporation Limited, India

====================================================================================================

Por favor confirme su dirección de correo electrónico: Send Email