Description

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.

About Us

HSBC is one of the largest banking and financial services organizations 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 fulfill their hopes and realize their ambitions.

As a U.S. Regulatory Reporting Production- Validation Specialist, you will be responsible for ensuring the business logic and data elements used to populate regulatory reporting is in line with regulatory instructions.This role will be instrumental in the delivery of global Project Integrity of Regulatory Reporting (IRR) objectives with primary focus on strengthening the US regulatory reporting data integrity.

Project Integrity of Regulatory Reporting (IRR) is a global reporting improvement program, covering Financial and Regulatory Reporting Risk, with primary focus on the accuracy of regulatory (non-SOX) reporting across the Americas region and Group. Project Integrity of Regulatory Reporting (IRR) will define and implement globally-consistent control standards across end-to-end processes for the most critical regulatory reports and also uplift the regulatory reporting inventory management framework and systems, with the ultimate goal of delivering strategic, preventative and integrated control design and execution along with standardization and simplification of reporting processes, systems and data architecture.

You will be responsible for:

• Review the business rules (‘mapping logic’) utilized to populate the balances in the regulatory schedules covered in Category 1 of the Integrity of Regulatory Reporting (IRR) program and ensure the business rules are in line with the reporting instructions

• Identify all data elements critical to the production of regulatory reports and update related documentation to ensure a complete inventory of elements per report/schedule

• Provide inputs and status updates to regional and/or global Project Integrity of Regulatory Reporting (IRR) Steering Committees and US other executive meetings (e.g., US Audit Committee and US Executive Committee)

• Support the Americas regional Integrity of Regulatory Reporting (IRR) team with alignment of other in-flight US remediation programs with design principles and control outcomes required to meet Integrity of Regulatory Reporting (IRR) standards

For this role, HSBC targets a pay range between $148,000.00 and $190,000.00

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.

Qualifications

You´ll likely have the following qualifications to succeed in this role:

• Ideal candidate should have a minimum 5-7 years of related business, assurance, leadership and/or regulatory reporting experience

• Broker Dealer experience a plus

• Strong audit and or control function experience would be beneficial

• Effective communication both written and verbal skills are required

• Must possess strong cross-functional relationships and/or be able to quickly build new relationships

• Experience with HSBC’s risk management framework and assurance processes are pluses

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.

Job Field: Finance

Primary Location: North America-United States-New York-New York

Other Locations: North America-United States-New York-Buffalo

Req ID: 0000KNV4