ALCM & Regulatory Finance Manager

  • tbc
  • Luxembourg Luxembourg Luxembourg LU
  • Permanent, Full time
  • HSBC Bank plc, Luxembourg Branch
  • 09 Feb 18 2018-02-09

ALCM & Regulatory Finance Manager

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 3,900 offices in 67 countries and territories in Europe, Asia, North and Latin America, and the Middle East and North Africa.

With assets of US$2,526bn at 30th September 2017, HSBC is one of the world’s largest banking and financial services organisations

HSBC provides a comprehensive range of financial services through four global businesses: Retail Banking & Wealth Management; Commercial Banking; Global Banking and Markets; and Global Private Banking.

The HSBC Group in Luxembourg is a significant employer and operates several businesses including asset management, securities services, private banking and corporate banking.

In order to strengthen our Luxembourg team, we are looking to recruit a:


ALCM & Regulatory Finance Manager
Permanent contract

The role holder will be part of the Finance team in Luxembourg and will have a role in supporting the Head of ALCM & Regulatory Finance and the CFO in the completion and delivery of several activities for various HSBC Luxembourg entities.

Role and Responsibilities:

The role will have exposure to senior individuals in Luxembourg, with frequent and engaging contact with the Luxembourg executive committee including the CEO and the Heads of Global Business lines.

The role holder will be responsible for completing and delivering the following:

• Regulatory reporting
• Regulatory Finance watch (local and EU regulations on capital, liquidity, banking union…)
• Regulatory Finance projects management
• Capital management
• Liquidity risk management
• Balance sheet related risks management

Principal accountabilities:

• Ensure ALCO responsibilities are fully discharged. Deliver efficient ALCOs with increased risk forward looking visibility
• Adapt Finance operational processes to new regulatory requirements, especially regulatory reporting
• Ensure business units operates within the limits of risk appetite and in compliance with applicable regulatory requirements
• Recommend or support any business and strategic initiatives improving returns of their balance sheet, liquidity and capital resources and/or improving risk management

Experience and skills required:
• Education and qualifications in Banking, Finance, Accounting, Risk Management or equivalent
• Minimum of 4-5 years of experience in finance, accounting, regulatory reporting, and/or risk management within the banking & financial services industry
• Excellent knowledge of banking regulatory environment at EU level (e.g. CRR, SSM, BRRD…) and regulatory reporting processes
• Good understanding of Treasury processes and related products (cash, liquidity, balance sheet management, derivatives)
• Good understanding of Banking processes and related products & services
• Good understanding of accounting & financial control processes (reconciliations, analysis, accounting, financial reporting …)
• Highly organised, self-motivated and capable to work on own initiative with autonomy, enthusiasm and pro-activeness demonstrating a high standard of work and accuracy, especially when under pressure
• A very good grasp of Microsoft Excel spread sheet tool combined with a high interest in data management and IT processes engineering. Previous experience of regulatory reporting software (e.g. WKFS, ) and banking software (e.g. Avaloq)
• Strong interpersonal, analytical, organizational, project management, problem-solving, presentation and verbal and written communication skills.
• Strong written and spoken communication skills in English; French is desirable but not mandatory, Polish knowledge would be an asset
• Team player and people motivator and track record in delivering to demanding timescales.


If you want to work in our challenging and multicultural environment and be part of a global team, please send your application letter and curriculum vitae (in English) to:

HSBC in Luxembourg strives for true diversity in its workforce and as such we are an equal opportunities employer and positively encourage applications from all suitably qualified candidates.

Please note that due to the volume of applications received, we will acknowledge your application only if we wish to proceed to interview. If you have not received a response within 4 weeks your application has not been successful.

Please also note that every selected candidate will have to provide us with a valid criminal record check in due time.