Brand: HSBCArea of Interest: FinanceRole Workstyle: Hybrid WorkerDate: 1 Sept ****If you're looking for a career where you can make a real impression, join Global Service Center (GSC) HSBC and discover how valued you'll be.
HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories.
We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.We are currently seeking an experienced professional to join our team in the role of Regulatory Reporting ProcessorResponsible for ensuring HSBC's OTC Derivative Trade Reporting to Global Regulators is complete, accurate and timely in all cases.
It is a Global, cross-asset-class function that works closely with front-to-back stakeholders to ensure key controls are in place and adequate in mitigating or identifying regulatory issues/breaches, to reduce HSBC's overall regulatory risk.
The team are considered the 'Control Owners' for OTCD Trade Reporting, and are responsible for evaluating daily reporting submissions, monitoring trade reporting exceptions and reconciliations, managing Linking and Matching activities, performing manual uploads to the Trade Repositories (where needed), identifying trade reporting defects, implementing mitigating / identification controls (where possible), ensuring timely escalation of all identified issues and reinforcing a culture of regulatory awareness across front-to-back functions in line with the Global Regulatory Control Framework.Activities.Working with the Global Regulatory Middle Office function to identify, escalate and potentially remediate issues and reporting defectsAssist in the generation of periodic and ad-hoc Regulatory Reporting management information metricsDelivering Global Control Framework activities for HSBC's Global OTCD Trade Reporting ObligationsInteracting with Offshore / Onshore colleagues as part of daily controlsProducing regional Trade Reporting Governance packs for presentation to front-to-back stakeholdersUnderstand HSBC's Global Regulatory Obligations, System Infrastructure & Reporting Mechanisms as well as OTC Derivative Products and the OTCD Market, and utilise this knowledge to identify reporting or operational inefficiencies and drive improvementMaintain comprehensive tracking of open reporting issues and defectsParticipate in Working Groups and Project meetings to drive for resolution of key issuesUse acquired knowledge to identify and mitigate new reporting issuesProcess all stakeholder (internal and external) requests/queries in timely and accurate manner"QualificationsA degree in banking / finance / risk management / businessComprehensive knowledge of the maintrade reportingGood understanding of end-to-end trade lifecycle of typical OTC Derivative products3+ years previous experience in a risk / control environment (or similar) within an Investment Bank/Financial InstitutionRigorous approach to controls and the minimization of operational riskStrong analytical skills are essentialAptitude for continuous improvements and operational effectiveness with ability to identify issues / inefficiencies and realise solutionsTechnical understanding of how systems deliver regulatory reports, and Trade Repository limitations and behavioursExcellent written and verbal communication skillsExperienced in working with virtual / general teams and functional managementAbility to challenge and question in a constructive manner with strong analytical & investigative skillsStrong inter-personal skills; the ability to handle conflict and manage expectationsSelf-motivated with proven ability to prioritise tasks, set targets, and meet deadlines with an organised and structured approachStrong leadership skills with ability to oversee and support direct reports with daily activities, identifying development opportunitiesAdvanced skills in MS Excel (Macro / Pivot) Access,
and SharePoint would be beneficialAt HSBC we offer our colleagues a greater number of days so that they can fully enjoy their wedding, take care of the new member of the family, or grieve the loss of a family member.
Our paid leave package is at the forefront in Mexico, now you have one more reason to be HSBC and proudly live a culture of well-being, balance and care.HSBC is an equal opportunity employer 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.
We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.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.HSBC is an equal opportunity employer 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.
We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.
#J-*****-Ljbffr
📌 Regulatory Reporting Processor (Xico)
🏢 Hsbc
📍 Xico