Senior Assessor - Calculation Compliance (ESG)

Job ID: 0000K0G1

Location: London, United Kingdom

Area of interest: Finance

Job type: Permanent - Full Time

Work style: Hybrid Working

Opening date: 30-Apr-2024

Closing date: 03-May-2024

Job description

If you're looking to take an exciting new direction with your HSBC career, an internal move can open the door to many opportunities, allowing you to take on a new challenge, and develop your skills. Bring your knowledge of our brand to a new role and grow yourself further.

Finance is integral to HSBC's purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our team of finance professionals partner with the business to provide trusted insights and forward looking analysis; accuracy; efficiency and control to frame and influence business decisions.

A Calculation Compliance function is being established to deliver an ongoing, high-quality and formalised capability to provide sufficient comfort to management that non-conformance of calculations with regulation that impacts Regulatory Reporting is detected on a timely basis as part of the First Line of Defence control framework.

The primary purpose of the Calculation Compliance function is to perform independent assessments of Non-model Calculator (NMCs) compliance with relevant capital and/or liquidity regulatory rules and provide sufficient comfort to management that non-conformance is detected on a timely basis as part of the First Line of Defence control framework. Areas of non-compliance are identified in formal Assessment reports for transparency and remediation is tracked at formal governance.

In this role, you will:

• Be responsible for reviewing adherence of complex capital and/or liquidity calculation logic with the regulatory rules and HSBC Policy determinations. Engage with policy SMEs as required.

• Provide direction to the Analyst to support the review of calculation documentation readiness.

• Define test data scenarios and expected test results for Analysts to prepare detailed test scripts.

• Identify findings where the regulatory rules and HSBC Policy determinations are not being met.

• Document formal Assessment Reports, highlighting the key findings with ownership assigned for remediation that is tracked at appropriate governance forums.

Requirements

• Responsible for reviewing adherence of complex calculation logic with the regulatory rules and HSBC Policy determinations. Engage with policy SMEs as required.

• Working knowledge of HSBC businesses and products and the regulatory reporting environment.

• Strong verbal and written communication skills and the ability to convey subject matter expertise in a specific area to a wide audience including senior stakeholders.

• Ability to clearly articulate findings where the regulatory rules and HSBC policy determinations are not being met which requires explanation of complex technical issues.

• Team leadership and people development skills

Location for this role is London on a hybrid basis

You'll achieve more at HSBC.

Being open to different points of view is important for our business and the communities we serve. At HSBC, we're dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.

We take pride in being part of the Disability Confident Scheme. This helps make sure you can be interviewed fairly if you have a disability, long term health condition, or are neurodiverse.

If you'd like to apply for one of our roles and need adjustments made, please get in touch with our Recruitment Helpdesk:

Email: hsbc.recruitment@hsbc.com

Telephone: +44 207 832 8500.