A significant S166 Regulatory Reporting Remediation programme is underway in HSBC. This programme has been set up in response to the findings of the external assurance reviews on Market Risk and Liquidity regulatory reporting and a strategic approach is required to deliver the end-to-end remediation of the governance and control findings across HSBC regulatory reporting landscape. The programme covers the review and remediation of identified thematic issues across documentation, data, processes and controls, organisational capabilities (people and change) and regulatory interpretation into global Liquidity policy.
The Transaction FX, Control & Operating Model Design Workstream has been mobilised to resolve the identified specific issues of reporting thematics.
This role is required to provide business analysis on the Process, Control & Operating Model deliverables, with a specific focus on delivering the following:
- Detailed end-to-end process maps
- Process specific key risk assessment across the end-to-end reporting process
- Controls review and risk mapping
- Standardisation, rationalisation full uplift of controls
The role holder will be required to work with Group and local stakeholders to develop an in depth understanding of the reporting process for specific Transaction FX reports whilst ensuring that there is clear documentation and governance of the deliverables. The role requires an understanding of Finance reporting processes, and systems and data landscape.
In particular, the role holder will be required to take a lead role in a range of analytical and project activities, including development of process requirements through discussion and workshops, working with users to document read-across maps (systems and process), data analysis, and identification and management of project dependencies, risks and issues.
Key knowledge/experience required for the role:
- Significant experience as a Business Analyst, with proficiency in process mapping, risk assessment and controls design
- Comprehensive knowledge of Finance & Risk processes at HSBC or a Global Bank
- Understanding of FX reporting would be an advantage
Strong understanding of Finance reporting processes and general accounting knowledge would be beneficial
ersg are an equal opportunities employer; we are committed to promoting equality of opportunity for all job applicants. We do not discriminate against applicants on the basis of age, sex, race, disability, pregnancy, marital status, sexual orientation, gender reassignment or religious background; all decisions are based on merit.