Senior Monitoring and Testing Manager, Regulatory Compliance - Regulatory Compliance

  • Competitive
  • Hong Kong
  • Permanent, Full time
  • HSBC
  • 26 Apr 17

Senior Monitoring and Testing Manager, Regulatory Compliance - Regulatory Compliance

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If you're looking for a career where you can make a real impression, join HSBC and discover how valued you'll be.

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 Senior Monitoring and Testing Manager, Regulatory Compliance.

Principal responsibilities

  • HSBC's Second Line of Defense Compliance Monitoring and Testing provide ongoing, periodic monitoring and comprehensive testing for Regulatory Compliance. The bank's Monitoring and Testing model will operate consistently in all countries to deliver greater transparency and consistency of the reporting of global Regulatory Compliance risks. The Compliance Monitoring and Testing team performs independent testing activities in order to obtain reasonable assurance that the business is operating in line with relevant laws, regulations, codes and HSBC Group Standards within Regulatory Compliance.
  • The purpose of this role is the performance of risk based reviews and other activities in relation to the Regulatory Compliance, Compliance Monitoring and Testing program
  • Design, development and execution of testing activities
  • Evaluating the adequacy and effectiveness of policies, procedures, processes, and internal controls
  • Maintaining quality assurance of the relevant Compliance Monitoring and Testing program
  • Managing Compliance Monitoring and Testing related project initiatives
  • Providing regional support for Compliance Monitoring and Testing activities covering various businesses such as Asset Management, Broking Services, Insurance, Retail Banking and Wealth Management
  • Providing assurance for business and Compliance Management to ensure that compliance risk is managed as per Global Procedural Standards and best practices.

  • Proven relevant business, audit experience or equivalent.
  • Strong risk assessment, control and testing skills and preferably audit related experience.
  • Audit related certification preferred
  • Relevant experience of a range of business activities, product lines and regulatory topics, in particular, Asset Management and Markets
  • Proven organizational, planning, interpersonal, analytical, problem solving, decision making, and team work skills.
  • Ability to manage conflicting priorities effectively and proven ability to meet challenging deadlines.
  • Ability to exercise discretion, work independently within broad guidelines, tactfully handle sensitive and confidential data and complete assignments on timely basis.
  • Ability to work with and also to lead different cultural groups and build consensus.
The chosen candidate for this role will be required to undergo enhanced vetting. Subject to local laws, this will require the individual to satisfactorily pass a series of additional checks as part of the recruitment process and on an ongoing basis, if appointed to the role. HSBC Group reserves its position with regard to any steps which it may take in relation to any material adverse findings which arise either when the checks are originally completed, and/or if relevant, on an ongoing basis. For more information about the enhanced vetting for this role please contact the recruiter for this role.

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