VP-REGULATORY COMPLIANCE,GBFO

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HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 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 Vice President-REGULATORY COMPLIANCE,GBFO

Business: Risk and Compliance

Principal responsibilities

• To discharge the Risk Steward accountabilities set out in the Global Risk FIM by pro-actively assisting the Global GB & CMB Regulatory Compliance and in identifying and containing Compliance risk; monitoring, reporting, and fostering a Compliance culture and optimizing relations with the stakeholders.
• To advise and support GB & CMB Management in their responsibilities to comply with all relevant regulations, including the provision of challenge and advice on investment banking Compliance issues. The role holder will also provide Compliance advisory (including training), monitoring and review related support to GB & CMB businesses in the to ensure that HSBC’s obligations to the regulator with respect to information control and management of conflicts in the business are appropriately met and ensure that the business is operating in line with laws, regulations, codes and HSBC Group Standards applicable to it.
• Monitor all internal codes and policies and good market practices in respect to the GB & CMB businesses and related control functions to provide Compliance analysis, advice, and solutions, identify and assess Compliance risks and to put in place the necessary Compliance policies, procedures and controls to manage against these risks.
• Review, investigate and manage the L3 escalations from the eComms surveillance team.
• Oversee, establish, and enhance a bespoke regulatory Compliance framework for GB & CMB businesses activities in the with steer from Global GB and CMB Regulatory Compliance.
• Implement Compliance Control Framework solutions (procedures, policies, training, surveillance, etc.…) consistent with global standards to ensure Compliance with all relevant laws, regulations, codes as well as Global Standards Manual, Global Risk FIM and applicable business line procedures.
• Lead / liaison with relevant in-country stakeholders within GB & CMB Regulatory Compliance teams to provide support on Regulatory Compliance matters in relation to the s.
• As relevant, Build, lead, motivate and develop an effective team through communication. Cultivate an environment that supports diversity and reflects the HSBC brand and improves employee engagement.
• Identify, escalate, and report all actual and potential breaches of applicable laws and regulations on a global basis, managing the appropriate outcomes through to conclusion and ensuring all required stakeholders are kept fully informed throughout.  All outcomes to be assessed against the relevant risk profile/appetite statement and learnings fed back in for continuous improvement.
• Identify changes to business practice and products, ensuring the Compliance Control Framework has been considered and can manage such changes.  These changes may be due to New Business Initiatives, Restructures, Regulatory Change or in response to Reviews/Inspections