Senior Manager – Regulatory Compliance Advisory (Corporate and Institutional Banking)

Full job description
Job description
Some career choices have more impact than others.

At HSBC we exist with the purpose of Opening up a World of Opportunity. We use our unique expertise, capabilities, breadth and perspectives to provide opportunities for our customers and colleagues through global connectivity. We bring 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.

As an HSBC employee in Australia, you’ll have access to tailored professional development opportunities, competitive pay, an embedded flexible working culture and a range of employee benefits. These include market-leading subsidised private health cover, enhanced parental pay and support when returning to work, subsidised banking products and services, bonus leave days and wellness programmes including discounted gym memberships.

HSBC serves the needs of retail, corporate and institutional clients delivering innovative and integrated financial solutions. Regulatory Compliance is a sub function within Risk and Compliance (RC) and is responsible for identifying, managing and mitigating Regulatory Compliance Risks and ensuring timely advice is provided to the businesses.

The Senior Manager, Regulatory Compliance Advisory (Corporate and Institutional Banking) is a key strategic risk management role that has broad remit and responsibilities for leading implementation and management of all CIB Regulatory Compliance risk related matters. The role will enable you to broaden your technical knowledge, utilising your familiarity with a range of banking products and expertise to ensure that HSBC’s operations in Australia and New Zealand are effective in identifying, managing and mitigating Regulatory Compliance risk. This highly demanding role operates within an increasingly complex business, legal and regulatory environment, requiring the person taking on this role to be able to work independently, adapt and analyse with a constructive and proactive approach.

Key Responsibilities

Supporting CIB in Australia and New Zealand (which includes CIB coverage, Global Markets, Securities Services, Global Payment Solutions, Global Trade Solutions and Capital Markets Advisory) to maintain an effective control framework and to ensure compliance with all relevant external laws, regulations, internal policies, good market practices and industry standards.
Demonstrate leadership and subject matter expertise on Regulatory Compliance matters, with a focus on issues and incidents arising across the CIB businesses.
Staying on top of, understanding and supporting the implementation of regulatory change impacting CIB in Australia and New Zealand.
Exercising risk steward challenge, acting as an independent trusted advisor in governance forums, undertaking issue management and working closely with risk owners and control owners.
Supporting the Head of Regulatory Compliance Advisory to represent the compliance agenda to report on progress, operational effectiveness of policies, processes, systems and controls.
Maintaining and developing positive and professional working relationships with stakeholders from lines of businesses, Risk and Compliance and other teams in the Bank. This includes colleagues at local, Regional and Group levels.
Requirements
Key Requirements:

In-depth knowledge of Corporate and Institutional Banking products and services and experience dealing with regulatory matters in Australia and/or and New Zealand.
Excellent communication and interpersonal skills, facing all levels of management, including executives and the capacity to articulate the case for risk management and policy in the language of business.
Stakeholder management skills and the ability to interact/advise in verbal/written communications at all levels in a professional, effective and concise manner.
Analytical skills with genuine curiosity and ability to analyse an issue, understand the second order implications, problem solve and provide holistic, solution-based advice.
Interpretive skills and ability to harness regulatory requirements/regulator expectations into day-to-day policies, procedures and guidance for a range of audiences.
Must be flexible and adapt well to change, with the ability to work with minimal supervision. A considerable amount of autonomy is given, and initiative is required to achieve the jobholder’s objectives.
Bachelor's degree in a Business, Finance, Law or related field.
Preference will be given to candidates who hold Australian PR/Citizenship or New Zealand Citizenship, or who can demonstrate current unrestricted work rights in Australia without limitations.

We value different perspectives, we succeed together, collaborating across boundaries, we take responsibility, holding ourselves accountable to get things done. Through these values, HSBC is committed to building a culture where all employees are appreciated and respected and where opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow in an inclusive environment. Applications from First Nations peoples are encouraged.

Learn more about careers at HSBC Australia – https://www.hsbc.com/careers/where-we-hire/australia

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 HSBC Bank Australia Limited. Please note that HSBC will never communicate to applicants via non-HSBC channels such as SMS, WhatsApp or Facebook so please be careful if anyone attempts to contact you via these channels. #LI-HSBCMH

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