Regulatory Reporting Associate in London

HSBC Global Banking and Markets is an emerging markets-led, financing-focused business that provides investment and financial solutions. Through our international network, we connect emerging and mature markets, covering key growth areas. We partner with our corporate, government and institutional clients to help them achieve consistent, long-term performance.

HSBC Market & Securities Services (MSS) provides comprehensive global, regional and domestic fund services including fund administration, global custody and sub-custody settlement and services.

The Regulatory Reporting Team sits within MSS Operations in the newly formed Data & Regulatory Reporting team. It manages the Global Regulatory Reporting programme, which itself is part of the wider Markets & Securities Services Regulatory Programme suite.

We are currently seeking a professional to join our team in the role of: Regulatory Reporting Associate

The primary role of the Regulatory Reporting Associate is to support a Business and Regional Aligned function across regulatory change in to production, validating testing, conducting deep dive analysis and engagement across streams, and Jira/issue management remediation and prioritisation.

Key responsibilities will include;

• Responsible for the end to end analysis for Regulatory Change projects such as (SFTR, MiFID2, EMIR, CFTC) and internal Strategic Architecture implementations
• Partner with RRO / Consumer Oversight in monitoring remediation backlogs, tracking progress and resolution timeframes with action owners
• Interpretation of regulatory requirements, design and propose solutions if necessary
• Produce Business Requirements relating to the reporting of any trades and transactions across major Global Regulators
• Fully document the scope of all related business requirements, relating to each deliverable, and ensure these are understood by the business and operational stakeholders and IT teams
• Work to ensure potential gaps and issues in solutions are risk assessed, and appropriate solutions/controls are defined

Requirements

 

To be successful in this role you should meet the following requirements:

• Proven experience of working within an operational control function
• Strong business writing skills with ability to communicate complex ideas simply and convincingly, ask insightful questions, break analytical challenges into workable components, and draw meaningful conclusions
• Superior attention to detail with the ability to identify and remediate any issues
• Excellent communication skills, both verbal and written, are essential
• Strong problem solving capabilities and the ability to manage, monitor, track, and clearly communicate progress on multiple initiatives
• Exemplary planning and organisational skills and is comfortable in working towards strict deadlines
• Sound analytical skills, a technical mindset coupled with the ability to demonstrate forward thinking
• Prior experience of working on a Regulatory Reporting programme such as EMIR, MIFID, CFTC and/or SFTR

 

 

The role holder will ensure the HSBC values are present in everything they do, both individually and as an organisation. This will be achieved by consistently displaying the behaviours of: Dependable and do the right thing, Open to different ideas and cultures, Connected to customers, communities, regulators and each other.

 

The role has a hybrid working pattern allowing for home based and office based working out of HSBC offices in London.

 

You’ll achieve more when you join HSBC.

As a business operating in markets all around the world, we believe diversity brings benefits for our customers, our business and our people. This is why HSBC is committed to being an inclusive employer and encourages applications from all suitably qualified applicants irrespective of ethnicity, religion, age, physical or mental disability/long term health condition, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by local law in the jurisdictions in which we operate. Within the work place you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions.  HSBC has in place processes in order to avoid nepotism, which means to avoid creating circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process. 

 

Recruitment Helpdesk: 
Email: hsbc.recruitment@hsbc.com 
Telephone: +44 2078328500