Job Description
Full Job Description
We are hiring for the role of Manager GSC
Global Career Band:6
Location (Country / City ): Bangalore, India
Why join us?
Compliance advisory and stewardship centres of excellence supports the Central Compliance & Advisory Services on a Global level, providing important information to compliance advisors and ensuring the information held is current and of high standard. Within Compliance advisory and stewardship centres of excellence, Regulatory Affairs & Policy Information Delivery is one of the processes established to monitor and capture material regulatory developments that impact HSBC Businesses. The purpose of RAPid is to standardize the current, manual regulatory development tracking process globally, creating a one-stop repository of information for all material regulatory developments. RAPid will support the wider purpose of the Compliance Advisory function of working with the Global businesses and Global Functions to help them identify and manage their Regulatory risk.
The Opportunity:
The Role of the Manager of the RAPid Team includes but is not limited to the following:
Reviewing and assigning Regulatory Development alerts generated by the RAPid system to the respective regional reviewers
Preparation of high level summary of the ongoing regulatory developments and share it with the business on a periodic basis
Prepare and share daily, weekly, monthly Management Reports
The incumbent will report to AVP and will interact with the Onshore RAPid Team on a regular basis to ensure successful attainment of the objectives including enhancing the efficiency of the process
What you’ll do:
Principal Accountabilities: Key activities and decision making areas
Impact on the Business/Function
Review and assign Regulatory Developments alerts to the respective regional reviewers
Creation of ‘Regulatory Development’ records from alerts, and the assignment of actions and sub- actions, which will serve as a workflow management solution
Being responsible for enhancement and documentation of the process
Preparation of high level summary of the ongoing regulatory developments and share it with the business on a periodic basis
Prepare and share daily, weekly, monthly Management Reports
Perform periodic Quality check on open/completed/assigned alerts and share the report with the business.
Complete the UAT and provide feedback to the IT / business
Typical Targets and measures
Timely & Accurate action of the alerts
Timely & Accurate execution/delivery of reports
Ensure relevance of data and regular review
Ensuring delivery of ad-hoc reports and requests from stakeholders if any
Ensure compliance to the Governance Framework and Group standards and policies
Timely and accurate quality checks
Customers / Stakeholders
Help identify and share best practice in a Compliance space
Cultivate a positive and collaborative working environment with the Compliance function
Build and maintain close working relationship with partners in Regulatory Compliance or elsewhere and should be able to work and co-ordinate with remote sites
Communicate effectively to different audiences, including both Regulatory Compliance and any other internal customers
Develop and maintain a current knowledge of internal and external Data Governance initiatives and best practices. Develop general awareness of Compliance Regulatory changes affecting the function
Pro-actively assist management in identifying and containing compliance risk, monitoring, reporting and fostering a positive Compliance culture
Typical Targets and measures
Feedback from internal and external stakeholders
Regular contact with key stakeholders, providing reports within agreed timescales. Track issues through to conclusion
Provision of reports to management on significant issues in a concise and timely manner, where applicable
Close working relationship maintained with the Compliance function, Regulatory Compliance and any other internal customers
Leadership & Teamwork
Ability to act proactively and multitask
Desire to pass on skills for the good of the team and learn from the other team members
Actively participate in team meetings and bring solutions/suggestions/recommendations to the table
Typical Targets and measures
Be able to integrate into an existing close team
Effective contribution in team meetings and business calls
Be open to feedback and highlight areas of improvement
Operational Effectiveness & Control
Maintain HSBC internal control standards, continually assessing operational risks inherent in the processes, taking account of changing operating procedures, staff movements, legal and regulatory requirements, management restructures, and the impact of new technology.
Ensure understanding of Group FIMs, Group Audit / Internal Control Review / Compliance reports; foster a compliance culture
Actively contributes to RCA process and in both anticipating and mitigating potential risks
Typical Targets and measures
Clear evidence that the team understands the respective operational controls and standards to contain compliance risk
Any significant compliance issues reported appropriately and in a timely manner
Identify process improvements. Discuss these with the Business Partner for implementation
Identify best practices across various geographies and effectively disseminate these to others
Major challenges
Meeting Cross Country/Multi Time zone delivery
Balancing new requirements with existing technical capabilities to ensure stakeholder expectations are managed
Manually scanning of various Regulatory Websites
Role Context
Flexibility to work in different shifts
Jobholder will be required to work closely with the existing global teams to ensure BAU functions are carried out accordingly within the stipulated Performance Level Agreement (PLA)
The jobholder will also adhere to and be able to demonstrate adherence to internal controls. This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators (if any)
Management of Risk
Be aware of the Operational risk and act in a manner that takes account of operational risk considerations.
Proactively alert the Line Manager of highest perceived risks as they arise
Role Dimensions
Reviewing and assigning Regulatory Development alerts generated by the RAPid system to the respective regional reviewers
Requirements
What you will need to succeed in the role:
Essential
Experience in roles within a Risk / Compliance / Regulatory framework
Good command of both verbal and written English
Ability to understand and interpret Regulations
Attention to details and good analytical skills.
Strong interpersonal skills and able to build and maintain relationships
Utilizes own initiative to resolve issues. Ability to support decisions with sound reasoning.
Highly Desirable
Understanding of the different Lines and sub-Lines of Business of HSBC.
Knowledge on trading & Financial Markets.
Advantageous
Experience in a role involving understanding systems and suggesting enhancements
Good Knowledge of MS Office.
We are hiring for the role of Manager GSC
Global Career Band:6
Location (Country / City ): Bangalore, India
Why join us?
Compliance advisory and stewardship centres of excellence supports the Central Compliance & Advisory Services on a Global level, providing important information to compliance advisors and ensuring the information held is current and of high standard. Within Compliance advisory and stewardship centres of excellence, Regulatory Affairs & Policy Information Delivery is one of the processes established to monitor and capture material regulatory developments that impact HSBC Businesses. The purpose of RAPid is to standardize the current, manual regulatory development tracking process globally, creating a one-stop repository of information for all material regulatory developments. RAPid will support the wider purpose of the Compliance Advisory function of working with the Global businesses and Global Functions to help them identify and manage their Regulatory risk.
The Opportunity:
The Role of the Manager of the RAPid Team includes but is not limited to the following:
Reviewing and assigning Regulatory Development alerts generated by the RAPid system to the respective regional reviewers
Preparation of high level summary of the ongoing regulatory developments and share it with the business on a periodic basis
Prepare and share daily, weekly, monthly Management Reports
The incumbent will report to AVP and will interact with the Onshore RAPid Team on a regular basis to ensure successful attainment of the objectives including enhancing the efficiency of the process
What you’ll do:
Principal Accountabilities: Key activities and decision making areas
Impact on the Business/Function
Review and assign Regulatory Developments alerts to the respective regional reviewers
Creation of ‘Regulatory Development’ records from alerts, and the assignment of actions and sub- actions, which will serve as a workflow management solution
Being responsible for enhancement and documentation of the process
Preparation of high level summary of the ongoing regulatory developments and share it with the business on a periodic basis
Prepare and share daily, weekly, monthly Management Reports
Perform periodic Quality check on open/completed/assigned alerts and share the report with the business.
Complete the UAT and provide feedback to the IT / business
Typical Targets and measures
Timely & Accurate action of the alerts
Timely & Accurate execution/delivery of reports
Ensure relevance of data and regular review
Ensuring delivery of ad-hoc reports and requests from stakeholders if any
Ensure compliance to the Governance Framework and Group standards and policies
Timely and accurate quality checks
Customers / Stakeholders
Help identify and share best practice in a Compliance space
Cultivate a positive and collaborative working environment with the Compliance function
Build and maintain close working relationship with partners in Regulatory Compliance or elsewhere and should be able to work and co-ordinate with remote sites
Communicate effectively to different audiences, including both Regulatory Compliance and any other internal customers
Develop and maintain a current knowledge of internal and external Data Governance initiatives and best practices. Develop general awareness of Compliance Regulatory changes affecting the function
Pro-actively assist management in identifying and containing compliance risk, monitoring, reporting and fostering a positive Compliance culture
Typical Targets and measures
Feedback from internal and external stakeholders
Regular contact with key stakeholders, providing reports within agreed timescales. Track issues through to conclusion
Provision of reports to management on significant issues in a concise and timely manner, where applicable
Close working relationship maintained with the Compliance function, Regulatory Compliance and any other internal customers
Leadership & Teamwork
Ability to act proactively and multitask
Desire to pass on skills for the good of the team and learn from the other team members
Actively participate in team meetings and bring solutions/suggestions/recommendations to the table
Typical Targets and measures
Be able to integrate into an existing close team
Effective contribution in team meetings and business calls
Be open to feedback and highlight areas of improvement
Operational Effectiveness & Control
Maintain HSBC internal control standards, continually assessing operational risks inherent in the processes, taking account of changing operating procedures, staff movements, legal and regulatory requirements, management restructures, and the impact of new technology.
Ensure understanding of Group FIMs, Group Audit / Internal Control Review / Compliance reports; foster a compliance culture
Actively contributes to RCA process and in both anticipating and mitigating potential risks
Typical Targets and measures
Clear evidence that the team understands the respective operational controls and standards to contain compliance risk
Any significant compliance issues reported appropriately and in a timely manner
Identify process improvements. Discuss these with the Business Partner for implementation
Identify best practices across various geographies and effectively disseminate these to others
Major challenges
Meeting Cross Country/Multi Time zone delivery
Balancing new requirements with existing technical capabilities to ensure stakeholder expectations are managed
Manually scanning of various Regulatory Websites
Role Context
Flexibility to work in different shifts
Jobholder will be required to work closely with the existing global teams to ensure BAU functions are carried out accordingly within the stipulated Performance Level Agreement (PLA)
The jobholder will also adhere to and be able to demonstrate adherence to internal controls. This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators (if any)
Management of Risk
Be aware of the Operational risk and act in a manner that takes account of operational risk considerations.
Proactively alert the Line Manager of highest perceived risks as they arise
Role Dimensions
Reviewing and assigning Regulatory Development alerts generated by the RAPid system to the respective regional reviewers
Requirements
What you will need to succeed in the role:
Essential
Experience in roles within a Risk / Compliance / Regulatory framework
Good command of both verbal and written English
Ability to understand and interpret Regulations
Attention to details and good analytical skills.
Strong interpersonal skills and able to build and maintain relationships
Utilizes own initiative to resolve issues. Ability to support decisions with sound reasoning.
Highly Desirable
Understanding of the different Lines and sub-Lines of Business of HSBC.
Knowledge on trading & Financial Markets.
Advantageous
Experience in a role involving understanding systems and suggesting enhancements
Good Knowledge of MS Office.
💡 Quick Summary
Seeking a career-building opportunity? The Manager GSC|S position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru 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.