Associate Director, Group Regulatory Surveillance, Asia Pacific - Regulatory Compliance

  • Competitive
  • Hong Kong Hong Kong Hong Kong HK
  • Permanent, Full time
  • HSBC
  • 17 Aug 18 2018-08-17

Associate Director, Group Regulatory Surveillance, Asia Pacific - Regulatory Compliance

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If you're looking for a career that will help you stand out, join HSBC and fulfil your potential.

As part of Global Risk, Regulatory Compliance ensures adherence to applicable regulations and standards by setting the policies which cover HSBC's regulatory requirements, and mitigate conduct and reputational risk issues. The team strives to remain ahead of the regulatory change agenda and ensures the business understands the implications and is prepared for change. It monitors how the Global Businesses and Functions manage their responsibilities with regard to complying with the regulations and helps resolve compliance deficiencies.

We are currently seeking a high caliber professional to join our team as Associate Director, Group Regulatory Surveillance, Asia Pacific.

Principal responsibilities

  • Identify potential new forms of staff or counterparty misconduct.
  • Determine whether these could be identified through the surveillance team's current systems, processes, people and the data sets surveilled.
  • In liaison with the Change Team, prioritise the development of the systems, processes, people and data sets needed to better identify these new forms of misconduct for their business or asset class.
  • Input into and track the development of these new surveillance capabilities.
  • Dealing with the alerts once they have already been passed through a first level one filter by the offshore team.
  • Ensure that all alerts are satisfactorily escalated and resolved.
  • Provide support and guidance for our expanding off shoring function
  • By looking across the alerts such that holistically identify improvements the way in which alerts are generated to improve the effectiveness and efficiency of the surveillance process.
  • Carry out in investigations requested by Regulators, senior management and the businesses or asset classes into certain practices, businesses, individuals and events. Escalate, as appropriate, any material findings or incidents of misconduct highlighted by these investigations.
  • Coordinate or produce regular Management information reports to key internal stakeholders including analysis of the Management information
  • Foster a close relationship with key front office and support function stakeholders.
  • Assist team members with the implementation and roll out of a new surveillance tools and models.
  • Present surveillance output at internal control and governance forums.
  • Support the Group Regulatory Surveillance team in the resolution of audit and control findings
  • Liaise with change management and technology and aid surveillance in delivery.
  • Analysing and exploring multiple data types in order to identify anomalies and patterns of risk
  • Understanding financial products and HSBC's business processes around these


Qualifications
Requirements
  • The ability to maintain grip on multiple and competing Group Regulatory Surveillance team and personal priorities, including relevant detail, and ensure delivery through self and others is essential. Formal project management skills is preferable, but not essential.
  • Strong, practical experience of risk management in a multi dimensional environment for example, industry expectations, regulatory pressures, extensive internal scrutiny, cost constrained environment is essential.
  • The ability to analyse and present complex information in a clear, concise and precise written and verbal format is essential.
  • Experience with audit or remediation activities is preferable, but not essential.
  • Experience in Surveillance or other control testing functions is preferable, but not essential.
  • Markets financial expertise is preferable, but does not require subject matter expertise .
You'll achieve more when you join HSBC.

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.

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