Manager - Regulatory Reporting - BFSI

Manager-Regulatory Reporting

Principal Accountabilities KPI and Targets :

Service Delivery :

- The quality of the Reports generated must be to a very high standard. The RWA reporting framework that exists is critical to the sustainability of HSBC's business

- Coordinate and support Regulatory Reporting team, provide guidance and act as subject matter expert (SME) with regard to RWA reporting under PRA.

- Drive performance to agreed service levels and manage customers expectations in a timely and professional manner

- Establish and maintain effective relationship with business areas and identify areas of service improvements by implementing regular calls and feedback mechanism

- Drive performance in team to required standards.

- Maintain high level of employee engagement.

- Effective communication with team members on organisational strategy and goals required for respective roles and responsibilities.

- Create an environment within the team which fosters free sharing of knowledge and ideas

- Adherence to Group policies, audit, controls and compliance requirements. It is imperative that the role maintains a highly effective SOX-compliant control framework.

- Operational capability must be maintained all year round given the frequency of reporting periods (monthly plus additional requirements quarterly, half-yearly and annually).

- The role will need to manage accordingly to ensure that sufficient numbers of capable staff are in place to deliver to reporting requirements.

- Continually assess the operational risks inherent to the process, taking account of operating procedures, staff movements, legal & regulatory requirements

- Manage production of RWAs in accordance with the BASEL Norms and Group Frame work of RWAs

- Ensure all Regulatory Reporting Requirements are considered e.g. PRA (FSA earlier)

- Any process re-engineering must comply with the applicable control environment

- Ensure BCP plan is documented, agreed with Business Partners and tested for all the processes as agreed

- Analytical review,

- Writing Commentaries

- Query resolution

- Timely preparation of other analysis requested by internal customers

- Teamwork

- Effective communication with the manager on organisation change and goals

- Achieve efficiency in operations and maintain work-life balance.

- Create an environment within the team which fosters knowledge sharing and open forums

- Develop the soft skills and technical competency by putting enrolling into trainings.

Operational Effectiveness & Control :

- Adherence to Group policies, audit, controls, and compliance requirements including but not limited to Declaration of secrecy, data protection act, health, safety and security, clear desk policy

- Effectively drive change and achieve cross-training

- The ability to work to a high degree of accuracy under pressure is important as during the reporting periods the team is required to meet tight deadlines.

- Ability to prioritize and plan work in an efficient manner.

- Ensure seamless delivery on all the process level activities within timelines and maintain high quality standards. Focus on controls and continuous process improvements.

- Understand Business Partner expectations / requirements ensure alignment to GFO objectives and deliver. Manage / Support business partner relationship effectively.

Skills/Experience Required :

- Qualified accountant( CA/ICWA) or MBA Finance from a reputed institute with 9-12 yrs. or M.com or equivalent degree with 12-15 yrs. experience in Reporting/ Analysis

- Excellent communication skills, including experience of explaining complex technical matters simply and succinctly

- Team management skill is a must

- Good understanding on Retail and Commercial Products and NCCR calculation.

- Knowledge in Marcos will have an added advantage

- Experience that demonstrates ability to learn and apply complex/technical rules/frameworks, for example Basel 2, product/model valuation etc

- Previous employment with a Financial Institution

- Experience working in/with an organisation that handles complex products (i.e. complexity of accounting, valuation, reporting, risk assessment etc)

- Experience of working with colleagues cross-border in a multinational organization

- Working/detailed knowledge of Operational framework/rules