Job Description
Some careers have more impact than others.
If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.
HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.
We are currently seeking an experienced professional to join our team in the role of Assistant Vice President – ALCM Operation
Principal responsibilities:
• To produce and review Liquidity reports, which includes Internal Liquidity Metric, PRA 110, Liquidity Coverage Ratio (LCR) report, Net Stable Funding Ratio (NSFR) report, Additional Monitoring Metrics (AMM) report, ALCO packs and other liquidity reports viz. Depositors Conc, Term Funding etc.
• The process involves liaising with various in-country team members over email and phone. The role requires good understanding of (1) financial products, (2) market product specific knowledge and (3) financial /management reporting (with balance sheet focus) (4) Basel III framework
• The role is also accountable for implementing new reports as per group framework and also for ensuring adherence of reports to the guidelines – internal & regulatory.
• Ensuring appropriate Reconciliation & Validation controls are in place and applied to maintain consistency of accounting processes across the submissions
• Aligns practices with existing other teams in ALCM to embed global processes and standard EUC’s
• Providing instructions and best practice guidance to regional and global business peers
• Documenting clear basis of preparation for each aspect of the consolidation process
• Transition of processes/actives basis Target Operating Model (TOM)
• To work effectively with varying levels of people in Finance Function, ALCM Programme work streams, PMO, IT as required.
• Ensure roles & tasks are clearly mapped and understood as relevant.
• To produce and review the Liquidity Risk reports for assigned geographies, which includes Internal Liquidity Metric, PRA 110, Liquidity Coverage Ratio (LCR) report, Net Stable Funding Ratio (NSFR) report, Additional Monitoring Metrics (AMM) report, ALCO packs and other liquidity reports viz. Depositors Conc, Term Funding etc. The process involves liaising with various onshore team members over email and phone The role requires good understanding of (1) financial products, (2) market product specific knowledge and (3) financial /management reporting (with balance sheet focus) (4) Basel III framework
• Effective support of overall engagement
• Accurate and timely management of risks, issues and dependencies
• Clear communication to stakeholders
• Effectiveness of control framework
• Independently manage the process to ensure all variances are resolved and appropriate entries are suggested in line with in-country requirements
• Ensure reports produced are in line with group framework and onshore requirements
• Coach team to ensure performance metrics i.e. MI produced in line with requirements
• Ensure team is developed by undertaking a training needs analysis for each team member. Ensure personal development plans are in place covering product knowledge, technical and soft skills
• Regional ALCM, Site ALCM teams, Group ALCM teams, Global Liquidity Reporting Project team.
• Understand stakeholders’ (i.e. Country data analysis’s, in-country teams) needs, identifying and implementing improvements in a continuous manner from a data standpoint.
💡 Quick Summary
Seeking a career-building opportunity? The Assistant Vice President | ALCM Operation |GSC|s position is now open for candidates interested in the Bank Jobs sector. This role in Gurgaon offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
