Regulatory Policy and Compliance Manager - City of London, Greater London, United Kingdom - HSBC

    HSBC
    HSBC City of London, Greater London, United Kingdom

    1 month ago

    Show more Collapse job
    Default job background
    Description

    Job Title:
    Regulatory Policy Manager, IRR


    Location:
    HSBC London 8CS


    Pay Rate:
    £730 PAYE Per Day Inside IR35 / £937.Our Risk and Compliance function has a critical role to play in supporting, challenging, and advising across all areas of the business through establishing policy, identifying and managing forward-looking risk and compliance. We focus on creating an environment that encourages our people to speak up and do the right thing, as well as protecting our customers, the organisation, and the integrity of the financial markets in which we operate. Global Regulatory Policy and Advisory (GRPA) is part of Group Risk. The team is a centre of excellence for regulatory policy for prudential risks, including Credit risk, Counterparty risk, Market risk and other Treasury risks. We lead the engagement with our key regulators and represent HSBC at industry forums in our areas of expertise. Being at the forefront of industry change, we use our unique position to brief senior management thereby supporting strategic decision-making, and author policy papers so that our regulator's expectations are clearly understood and implemented by the business. We are currently seeking an ambitious individual to join our team as a Regulatory Policy Manager in our banking book policy sub-team, working together with colleagues to define, manage and achieve divisional business targets.


    The role holder will lead on regulatory interpretation of regulatory requirements for credit risk, including the internal ratings-based approach (IRB).

    As well as lead the review and response to proposed rulemaking by regulators designed to address the changing environment that banks operate within, such as regulatory developments for:


    • Climate risk; Artificial intelligence/machine learning (AI/ML).


    As a global team, the role holder will be required to work with colleagues across the globe to understand the implications the rules will have on our businesses.

    Specifically, the role requires close collaboration with modelling teams (Group Risk Analytics 'GRA'), wholesale credit risk management (WCRM) and the business to provide guidance on policy matters, such as regulatory requirements for model development.

    The role holder will have direct interaction with senior management on policy topics.

    This role will act as the Second Line of Defence (SLOD) for Wholesale internal ratings based (IRB) models to ensure they satisfy regulatory requirements.

    Review and opine on existing and proposed regulatory policy on wholesale credit risk.


    • Lead the process to develop regulatory interpretations and policy opinions, including clear communication of the latest external regulatory developments to customers / stakeholders.
    • Undertake line by line traceability mapping of regulatory articles to interpretations and advise implementation owners on the regulations to facilitate compliant application.
    • Support the engagement with the Prudential Regulatory Authority and industry trade bodies on regulatory policy and permissions topics.
    Experience in general or Wholesale banking including Commercial Banking, Global Banking & Markets or Wholesale Credit Risk.


    • Good knowledge of the regulatory landscape particularly relating to credit risk regulations, IRB risk model permissions or previous experience in a Regulatory Capital policy function.
    • Relevant working experience in a bank, rating agency, consultancy or advisory firm is desirable.
    • Some understanding of statistics and concepts of the risk modelling process would be advantageous


    Ability to lead, manage and successfully deliver within the agreed time scale, in liaison with all relevant stakeholders: model owners, business, finance, senior management and regulator.


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

    We have other current jobs related to this field that you can find below

  • Absolute Recruit

    Compliance Manager

    3 weeks ago


    Absolute Recruit City of London, United Kingdom

    Compliance Manager · £65,000- £70,000 + bonus (c.15%) + annual shares · 1-2 days per week in London (3-4 days from home) · Absolute Recruit are supporting a London-based, Fintech start-up in their search for a Compliance Manager. The business is VC-backed at Series A stage, looki ...

  • Progresso Search

    Compliance Manager

    3 weeks ago


    Progresso Search City of London, United Kingdom

    Our Client is a market leading supplier to the NHS and private sector for temporary/contractor placements and talent solutions. The company has achieved rapid growth and achieved many awards including the Sunday Times Virgin Fast Track 100. · Following several years of significan ...

  • Twenty84 Ltd

    Compliance Manager

    2 weeks ago


    Twenty84 Ltd City of London, United Kingdom

    Twenty84 is working with a firm in the investments platform sector and they are looking for a dedicated and collaborative Compliance Manager to join their friendly and inclusive workplace. This full-time role is based in London and offers hybrid working(2 days in the office) and ...

  • Willow Resourcing

    Compliance Manager

    3 weeks ago


    Willow Resourcing City of London, United Kingdom

    **Compliance Manager** · **Retail Investments** · **London (Hybrid - 2 days in the office, 3 days WFH per week)** · **Salary: To £70k + benefits** · **Is it time to ramp up your Compliance career?** · What if I said you could be enjoying a really broad role where every day can be ...


  • Centre People City of London, United Kingdom

    **Compliance and Regulation Manager (Ref: MS44804)** · A large international financial services organisation is looking for a Compliance and Regulation Manager to join their London office. · **Type**: Permanent, full-time · **Working hours**: 9:00-17:30 from Monday to Friday · ** ...


  • Progresso Search City of London, United Kingdom

    Our client is a UK based SME Professional Services recruitment company based in London with an additional office in the North West of England. They have a great reputation within Financial Services and Professional services companies to deliver Technologyand Change Management Pro ...

  • Hydrogen Group

    Compliance Manager

    5 days ago


    Hydrogen Group london (city of london), United Kingdom

    We are supporting our Financial Services client in search of a Compliance Manager, this role will report into the Head of Risk and Compliance. This will support he approach to the claims processing and corporate compliance, delivering on 2nd Line of Defence (2LOD). · Salary: £75, ...

  • Michael Page (UK)

    Compliance Manager

    2 weeks ago


    Michael Page (UK) City of London, Greater London, United Kingdom

    Our client is a high growth start up Investment Bank in the City of London. This is a fast paced environment and requires a Chief Compliance Officer (SMF 16) to be based on-site 5 days a week. · Develop and oversee control systems to prevent violations of regulations and interna ...

  • DA Financial Trading Recruitment

    Compliance Manager

    2 weeks ago


    DA Financial Trading Recruitment City of London, United Kingdom

    A leading FX Trading company in London are looking for a 'Compliance Manager' to join their team. · Competitive salary paying £75-85k basic, plus discretionary bonus, dependant on experience. · Hybrid working, (offices based in city.) · You must have (FX) industry experience on l ...

  • Hydrogen Group

    Compliance Manager

    5 days ago


    Hydrogen Group City of London, Greater London, United Kingdom

    Job Description We are supporting our Financial Services client in search of a Compliance Manager, this role will report into the Head of Risk and Compliance. This will support he approach to the claims processing and corporate compliance, delivering on 2nd Line of Defence (2LOD ...

  • DA Financial Trading Recruitment

    Compliance Manager

    1 week ago


    DA Financial Trading Recruitment london (city of london), United Kingdom

    Job DescriptionA leading FX Trading company in London are looking for a 'Compliance Manager' to join their team. · Competitive salary paying £75-85k basic, plus discretionary bonus, dependant on experience. · Hybrid working, (offices based in city.) · You must have (FX) industry ...

  • Hydrogen Group

    Compliance Manager

    4 days ago


    Hydrogen Group City Of London, United Kingdom

    We are supporting our Financial Services client in search of a Compliance Manager, this role will report into the Head of Risk and Compliance. This will support he approach to the claims processing and corporate compliance, delivering on 2nd Line of Defence (2LOD). · Salary: £75, ...


  • Hays Technology City of London, Greater London, United Kingdom

    My client, a leading data centre, has just released an exciting new opportunity. They are looking for an IT Compliance Manager to join their team for a 6-month contract.Fully remote (can travel to London offices if desired) · The relevant candidate will have strong experience as ...

  • DFT OLR HOLDINGS LIMITED

    Compliance Manager

    2 weeks ago


    DFT OLR HOLDINGS LIMITED City of London, Greater London, United Kingdom £55,000

    An exciting opportunity to join us as a Compliance Manager. · The experience expected from applicants, as well as additional skills and qualifications needed for this job are listed below. · About us · DOHL is the public sector owning group for passenger rail, with responsibility ...


  • Pure Resourcing Limited City Of London, United Kingdom

    Compliance Operations Manager (Mortgages / Insurance / Wealth Management) · Our client is an award-winning financial services provider based in The City, specialising in areas such as HNW Mortgages, Wealth Management, General Insurance, Life Insurance, Short Term Lending, Comme ...


  • Pure Resourcing Limited City of London, United Kingdom

    Compliance Operations Manager (Mortgages / Insurance / Wealth Management) · Our client is an award-winning financial services provider based in The City, specialising in areas such as HNW Mortgages, Wealth Management, General Insurance, Life Insurance, Short Term Lending, Commerc ...


  • Marcus Donald People City of London, United Kingdom

    Job Description · Leading education body working on a national scale to deliver better outcomes for young people are seeking an Information Compliance Manger to join their Compliance Team. · Working in collaborative and fast paced environment, your role will be to own the smooth ...


  • Pure Resourcing Limited london (city of london), United Kingdom

    Job DescriptionCompliance Operations Manager (Mortgages / Insurance / Wealth Management) · Our client is an award-winning financial services provider based in The City, specialising in areas such as HNW Mortgages, Wealth Management, General Insurance, Life Insurance, Short Term L ...


  • Enfuce City of London, Greater London, United Kingdom

    ABOUT US: · Founded in 2016 in Finland, Enfuce is the female-led company at the forefront of financial service, bringing payment processing into the public cloud for the first time ever. Enfuce is a global powerhouse that merges innovation, security, and top-notch expertise to c ...


  • Cameron Kennedy City of London, Greater London, United Kingdom

    Director - Regulation & Compliance · ££ depending on experience) + bonus + (possible equity participation) · City of London (Hybrid working model) · Our client is fast expanding London based business consulting and governance specialist supporting the alternative asset management ...