Manager - Finance Operations Job in Hsbc

About HSBC

Join HSBC to find out how valued you will be if you are searching for a job where you can truly make an impact. HSBC is one of the largest banking and financial services organizations in the world, with operations in 62 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people fulfill their hopes and realize their ambitions.

The Role

We are currently seeking an experienced professional to join our team as Manager, Finance Operations. In this role, you will be responsible for ensuring consistency and accuracy in various financial reports, managing regulatory submissions, and driving improvements in integrated reporting processes.

Principal Responsibilities

• Reporting Deliverables: Ensure consistency across various integrated reporting deliverables, including financial statements, capital adequacy, and liquidity coverage.

• Liquidity & Regulatory Returns: Prepare, analyze, and explain various liquidity and regulatory returns, ensuring compliance with regulations.

• Stakeholder Communication: Present reports to stakeholders and seek their sign-offs before regulatory submissions or group-level reporting.

• Integrated Reporting: Support the production and design of new integrated reporting information, ensuring best practices and compliance with listing and regulatory requirements.

• Audit & Review: Handle audit queries from internal audit, external audit, and regulators, ensuring proper supervisory controls are in place.

• Cross Reporting Reconciliation: Build control mechanisms for cross-reporting reconciliation and ensure consistency for critical data elements.

• Assurance Checks: Perform assurance checks ahead of finalizing numbers and prepare assurance packs for sign-off meetings, including variance analysis and control checklist reviews.

• Regulatory Knowledge: Be well-versed in regulatory interpretation and definitions as prescribed in various regulations such as ECB guidelines, PRA regulations, accounting standards, and policies.

• Specialized Knowledge: Possess in-depth knowledge of at least two verticals in financial reporting, regulatory reporting, or liquidity reporting.

• Regulatory Change Management: Collaborate with Finance Change delivery, Global Regulatory policy, and Remediation programs on upcoming regulatory changes, business requirements, and system enhancements to ensure solutions meet objectives and regulatory compliance.

Requirements

• Qualifications: A qualified professional (preferably CA, ICWA, MBA, or CFA) with a minimum of 5+ years of post-qualification experience.

• Industry Knowledge: Sound knowledge of the financial/banking services industry, products, and systems.

• Analytical Skills: Strong proficiency in MS Office, especially advanced Excel skills (macros, arrays, and other complex formulas).

• Regulatory Reporting Experience: Prior experience in regulatory reporting, liquidity, or financial reporting is advantageous.

• Regulatory Knowledge: Familiarity with Basel III/CRDIV, PRA regulatory rules, and AOP & Stress Testing reporting is preferred.

• Operational Risk Management: Ability to continually assess operational risks associated with the role, taking into account changes in the business environment, legal requirements, and technology.

• Technological Proficiency: Knowledge of Python, R, Xceptor, or other technologies used within finance for automation is desirable.

Why HSBC?

• Global Presence: Join one of the largest financial institutions in the world with operations in 62 countries and territories.

• Career Growth: Benefit from HSBC's opportunities for professional development and career progression.

• Impactful Work: Contribute to the ongoing success of the business and the financial stability of markets worldwide.