Senior Manager Traded Risk Regulatory Reporting

Rol purpose

Global Risk is a thriving and expert risk management function supporting HSBC globally with all aspects of risk management. The team actively manages a varied and dynamic range of risk types, including security, fraud, information security, contingency, geopolitical, operational, credit, treasury, pension, insurance, financial crime and regulatory compliance, market and reputation risks. All parts of the Global Risk team use their skills, insight and integrity to handle established threats and those they see emerging, acting to protect and enable HSBC to deliver sustainable growth. 

We are seeking an ambitious individual to join our team as a Traded RiskSenior Manager performing Risk Stewardship over Regulatory Reporting. 

The purpose of the role is to support the establishment of the Traded Risk Regulatory Reporting Assurance function and apply Subject Matter Expertise to this activity. This function will be responsible for providing risk stewardship, design and effectiveness testing on Traded Risk activities related to Regulatory Reporting, covering both Financial and non-Financial Risk processes. 

The role holder will be responsible for developing our approach to Risk Stewardship in this area, interaction with a similar Treasury Risk team and with the wider Traded Risk team. 

As Senior Manager -  Regulatory Reporting the successful candidate will form part of the team establishing Regulatory Risk Stewardship in Traded Risk.

Main activities

In this role, you will:

• Ensure that the approach by Traded Risk in Stewarding Regulatory Reporting is appropriately defined and scoped, promoting and implementing synergies and efficiencies while securing an optimal and best in class control environment.
• Challenge control and risk owners to ensure that risk management activities are working effectively. This includes the following activities
• Provide subject matter expertise, advice, guidance, and effective challenge to the Risk and Control Owners;
• Monitoring compliance with the minimum requirements applicable to the management of Traded Risk, as set out in relevant policies.
• Be aware of impacts of external environment changes, emerging risks and changes to the business strategy;
• Work with the business to understand the impact of emerging risks that require changes to controls, resources and business operations to ensure they remain within appetite;
• Support definition of minimum control standards, with input from Risk Owners, and Control Owners, specifying key risks and key controls and providing guidance on continuous monitoring expectations;
• Recommending Risk and Control Assessment (“RCA”) scoping, and challenging where this is not appropriately applied in the RCA; and
• Challenge Risk and Control Owners on risk and control management, including inherent risk, residual risk, control effectiveness ratings, issues, actions and events.
• The scope of responsibilities will cover the HSBC sites in Americas and a good collaboration with the Global team will be required to ensure a strong common understanding that best practices are being applied.

 To be successful in the role, you will be able to evidence nearly all of the following:

• Drive, commitment and focus in operational excellence
• Relevant Traded Risk and Control knowledge
• An ability to work in a dynamic environment with proven ability to handle multiple outputs at one time
• Strong interpersonal and negotiation skills, with experience in a complex operational environment
• Knowledge of regulatory rules
• Excellent business writing, communication, presentation and influencing skills
• A high level of professionalism and competency which helps to determine solutions around appropriate risk measures, risk processes, risk monitoring and management
• Communication and interpersonal skills, including the capacity to articulate the case for risk management in the language of business;
• Fluent in Spanish and English to engage with local regulators when appropriate.

HSBC is committed to building a culture where all employees are valued, respected and where their opinions count. We want to build a culture where our employees are comfortable in bringing their whole self to work, regardless of gender, age, sexuality, ethnicity, disability, religious belief, background, and any other aspect of personal difference.    At HSBC we are oriented towards guaranteeing gender equality and constant training for our employees as well as the protection of their labor and social rights.

At 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