Role Purpose (overall high level summary of the role)  Context  The RWA production transformation programme has been initiated to rebuild the end-to-end RWA production process, including streamlining of the processes, centralisation of production, establishing a new data platform, and standardising calculation engines. The initiative entails creation of an end to end Operating model to: -  1. Deliver a new RWA production capability which provides RWA and related data as a service to provide - one version of truth- to customers across HSBC for downstream activities, as well as the Regulators  2. Deliver a significantly faster and efficient production process for RWA and related data that is less taxing on staff to execute  3. Deliver a reduction in the production timeline enabling RWA data availability by WD 8, with full reporting for external disclosure purposes within 12 WDs  4. Support enhanced business understanding and management of RWAs by providing business teams with a - self-service- option of required data to manage return on RWA more effectively  5. Ensure Data Quality Accountability is allocated across Global Business, Risk and Finance, driving greater transparency and clear definition of front line & Risk ownership and accountability. This will allow for continuous data quality improvement by enabling data to be corrected at source  The implementation approach involves establishing and operating a Centre of Excellence (CoE) to drive the production and analysis of RWA data. This role is focussed on supporting the establishment and operating of the CoE for RWA Production  Role Summary  The key responsibilities for this role include:  - Support the designing of a robust and fit for purpose process to generate RWA data and metrics in constant engagement with the stakeholders and team members  - Align with other workstreams such as Impairment Data Production & Analysis Centre and Stress Testing to provide inputs in building common data platforms and utilities.  - Active participation in User Acceptance Testing to drive consistency and efficiency  - Review and validate data against expected quality criteria, log, investigate, escalate and resolve data quality issues  - Perform manual amendments, enrichments and overlays to ensure that the data is of the desired quality  - Analyse significant movements and validate drivers from sites to ensure data integrity  - Facilitate data sign-off by the data owners  - Support and guide colleagues through knowledge sharing and coaching interventions and facilitating transparent communication including with stakeholders.  Principal Accountabilities: Key activities and decision making areas Typical Targets and Measures  Impact on the Business  - Support the design a fit for purpose RWA data and metrics process in engagement with key stakeholders  - Actively contribute to the development of common data platforms and utilities in close association with related workstreams  - Participate in UAT to ensure consistency and efficiency in the processes, systems and outputs   - Review, validate and adjust data to meet expected quality criteria   - Proactively manage and improve the quality and consistency of the data  - Review and analysis of key changes and the underlying business drivers to support disclosures and analyst queries   - Ensure timely data sign-off by data owners and manage exceptions  - Effectiveness of the data and output   - Effectiveness of common data platforms and utilities  - Effectiveness of the system and the processes  - Quality of the analysis and commentary  - Timely sign-off of the RWA data and metrics  - Effectiveness of the UAT  Customers / Stakeholders  - Establish strong working relationships with key stakeholders  - Anticipates and addresses queries and concerns from stakeholders and resolves them in an effective manner   - Positive feedback and improving engagement  - Timely and effective resolution of all queries  Teamwork & Collaboration  - Work as one team to deliver on the team's objectives  - Support colleagues across teams and functions, sharing ideas, knowledge and supporting initiatives  - Effectiveness of the team  - Value added beyond immediate targets  Operational Effectiveness & Control  - Develop and maintain robust operational control environment  - Adherence to HSBC compliance standards  - Anticipates and identifies existing or emerging risks / issues. Manages the tracking of requirements risks / issues / dependencies, and assesses the impact on the delivery. Proactive approach to process improvement  - Minimal exceptions  - Process efficiencies realised  Major Challenges (The challenges inherent in the role that require a continual test of the role holder's abilities)  - Understanding complex data flows, the regulatory and accounting requirements  - Communicating with stakeholders across functions in diverse locations and establishing working relationships  - Absorbing concepts, defining the approach and developing processes with limited hand-holding  - Pressure to deliver within fixed regulatory timelines in an environment of ambiguity   Role Context (The environment and operating conditions of the role including the extent of guidance and authority)  - During the initial phase of the programme (Phase I), the jobholder will focus on the UAT, designing the process-flows and training the team members. During the subsequent phases, the focus shall be on successful roll-out along with data integrity and output quality management  - The immediate team will be approximately 20 FTEs, working closely with the credit risk, systems and finance teams   - The jobholder is expected to be a self-starter and able to adapt to changing demands as the project progresses  Management of Risk (Operational Risk / FIM requirements)   The jobholder will also continually reassess the operational risks and likelihood of operational risk occurring. This will be achieved by reviewing risks associated with the role and inherent in the business, taking account of changing global economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new processes. Effective and timely remedial action should be evidenced.   Observation of Internal Controls (Compliance Policy / FIM requirements)  The jobholder will adopt the Group Compliance Policy by escalating any identified compliance risk in liaison with, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer. The term - compliance- embraces all relevant financial services laws, rules and codes with which the business has to comply.  Role Dimensions (e.g. balance sheet size, lending/expenditure limits, size/volume of transactions, budget. in USD- 000)  Headcount reporting to this role Direct: 5- Indirect: 0- Total: 5-   - The overall size of the team including direct and indirect reportees may grow over the period of time  Knowledge & Experience / Qualifications (For the role - not the role holder. Minimum requirements of the role.)  Technical Skill Requirements  - Qualified CA / CPA / ICWA / MBA (Finance) with 13+ years of experience  - Regulatory reporting background with a financial institution, with a good understanding of the regulators and their requirements   - Knowledge of the banking productions (Retail & Wholesale) and NCCR calculation  - Exposure on regulatory reporting and banking systems with the ability to understand, interpret and refine dataflow   - Experience in analysing and interpreting large volumes of data  Operational Requirements  - Experience in designing, implementing and operating processes  - Operations management including process governance and stakeholder management  - Experience of system implementation  Personal Skill Requirements  - Strong execution and problem solving skills  - Ability to work under pressure, report to tight deadlines and deal effectively with issues as they arise  - Effective Team Player - very collaborative, communicates progress, status and issues on a regular basis.  - Ability to present information in a professional manner and respond to questions from all levels of management  - Good communication skills  - High degree of motivation and commitment  - Ability to work in a dynamic environment and adapt to frequent and multiple changes

Chennai

Senior Role - Risk Weighted Assets - Bank 

Senior Role - Risk Weighted Assets - Bank  ,Job Description for Senior Role - Risk Weighted Assets - Bank  in Winfort in  Chennai for (10-19) years of experience. Apply Now!

Job Description for Senior Role - Risk Weighted Assets - Bank  in Winfort in  Chennai for (10-19) years of experience. Apply Now!