Our purpose - Opening up a world of opportunity - explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We're bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world - for our customers, our people, our investors, our communities and the planet we all share. Compliance Assurance Generalist roles act as an independent Second Line of Defence (2LOD) function that undertakes risk-based monitoring and testing of processes and outcomes of First Line of Defence (1LOD) Compliance activities to provide assurance that the business is operating in line with relevant laws, regulations, principles, and HSBC Group standards and policies and to ensure that HSBC maintains effective compliance controls. They also perform deep-dive and thematic reviews on issues, opportunities and/or strategic change. As our VP Risk and Compliance Assurance you will:
- Utilice SME knowledge in the compliance risk environment to support the business by identifying potential compliance issues stemming from the Bank's business activities
- Support the design and maintenance of the monitoring methodology, standards, processes and procedures (and training thereof) for the Global RC Monitoring and Testing function and overseeing the use of effective tools and technolog
- Provide risk response capability to address emerging and ad hoc high risk events, global thematic risk priorities and supporting regional teams by helping complete M&T work, in order to meet internal and regulatory expectations
- Work closely with dedicated automation and analytics specialists within the function, to help develop forensic testing and analyze large data sets within assurance reviews
- Carry out thorough preparation and high-quality reviews of First Line of Defence (1LoD) controls
- Foster a close working relationship with key stakeholders, including the Compliance teams, Monitoring Teams, COOs and other senior management in the business, including keeping abreast of key business, regulatory and industry developments and any changes to procedures and practices
- Contribute to the overall maintenance of compliance risk assessments through review work, drawing on the experience and knowledge of the RC team and with the active participation of senior managers in the Business
- Contribute to the preparation of monitoring plans and reviews for applicable business lines in sites
- Contributie to the preparation of consolidated MI on the results of monitoring for senior managers in the Business
- Contributie to the provision of education and support to monitoring specialists in risk assessments, planning and conducting reviews
For this role, HSBC targets a pay range between $150,000.00 and $200,000.00 The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location. At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee's overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a bonus ). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.
Requirements You'll likely have the following qualifications to succeed in this role:
- Working knowledge or experience with the capital markets compliance rules and regulations
- Knowledge of US banking and securities businesses, products, operations, systems and organization
- Understanding of all significant regulatory compliance requirements applicable to the businesses
- Swap Dealer and Broker Dealer compliance control testing experience
- Strong managerial, interpersonal, communications, analytical, organizational, project management and planning skills
- Minimum of five to eight years proven and progressive financial services audit, operations, and/or compliance experience or equivalent. Bachelor's degree in business, finance, related field or equivalent experience. Master's degree preferred.
In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC's engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You'll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.