Assistant Vice President - Regulatory Compliance

Assistant Vice President - Regulatory Compliance Job Role & Responsibilities

1. Ensure service delivery of processes as per the standards and performance levels defined, operating with a high degree of governance in a well-defined control environment.
2. Strong functional and business understanding of regulatory compliance, regulatory affairs, risk management, and regulation management frameworks for banking business to guide and steer the team to success.
3. Ensure the PLA / Business MI structure provides the right analysis, trends, outliers, and issues to the Business Committee.
4. Conduct continuous review of processes to improve service delivery timeframes, control environment, and identify areas for improvement.
5. Control direct costs and identify & implement areas for process improvement, standardization, and automation to achieve reengineering savings, supporting analysis and project rollouts.
6. Foster a culture of being commercial, with an ambitious change mindset.
7. Support the creation of an environment within the team that fosters free sharing of knowledge and ideas across teams in all HSBC locations.
8. Seize opportunities to provide SME opinion on how exceptions are identified, escalated, and managed.
9. Demonstrate visibility and improved understanding of significant regulatory matters important to senior management.
10. Act with high levels of integrity, conduct, and performance against ethical standards, exemplifying:
    • The highest personal standards of integrity at all levels.
    • Commitment to truth and fair dealing.
    • Commitment to quality and competence.
    • Adherence to the HSBC code of conduct.

Specific Expertise Required

1. Clear understanding of regulation management framework and regulatory reporting, including but not limited to, enterprise-wide risk management framework, demonstrating the role within the line of defenses in HSBC.
2. Clear understanding of applications used within the overall regulation management ecosystem, alongside project management tools and user acceptance testing (UAT).
3. Fair understanding of significant regulatory expectations, including regulatory publications, engagements, findings, and other local issues.
4. Providing strong support to risk stewards and principal subsidiary line of business heads.
5. Bachelor/Master’s Degree in MBA Finance or similar with at least 8 years of experience in banking, law, or financial services in a compliance role.
6. Experience in managing banking compliance, regulatory compliance 2nd line of defense role, or in a compliance assurance/audit function.

Technical / Functional Skills

1. Demonstrated team player qualities with a proven track record of managing diverse/multi-culture work environments.
2. Strong organization, time management, and prioritization skills.
3. Excellent communication, presentation, and interpersonal skills, combined with strong integrity to challenge, ask the right questions, and collaborate effectively.
4. Expertise in working on various systems and applications, with proficiency in MS Excel, Access, Word, and PowerPoint.
5. A highly motivated and dynamic self-starter, working collaboratively within teams and delivering on time, with project management and documentation skills.

You’ll achieve more at HSBC. Hsbc.com/careers

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.

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Issued By HSBC Electronic Data Processing (India) Private LTD