Vice President, Enhanced Enterprise Regulatory Transformation Programme

Job Description

Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.

The HNAH Enhanced Enterprise Regulatory Transformation programme office (“EERTP”) is a special unit operating under the Office of the US CEO with a Board mandate to provide comprehensive assessment and monitoring of all regulatory programs across HSBC USA, coordination and acceleration of existing remediation or risk mitigation efforts across all US global businesses and functions, and proactive identification and mitigation of forward-looking regulatory risks.

This role reports directly to the Managing Director of the Enhanced Enterprise Regulatory Transformation Programme and is highly visible to HNAH CEOs and HNAH ExCo. The job holder has substantial autonomy and authority and ensures that tough questions are raised and answered in a constructive environment focused on business success.

As our Vice President, Enhanced Enterprise Regulatory Transformation Programme you will:

• Support effective formal and informal EERTP programe governance, including secretariat for SteerCo and Working Group meetings and ensuring supporting MI is complete, accurate, and timely
• Prepare and produce clear, accurate, and timely informal and formal program reporting appropriate for various stakeholder audiences, including regulators, the HNAH Board, ExCo, and RMM, and Group
• Professional representation of program progress, status and issues to internal and external stakeholder groups including the HNAH Board, ExCo, and RMM, consultancies, and industry bodies
• Provide additional support as needed to help Accountable Executives minimize execution risk and to maintain clear and effective program oversight and governance
• Facilitate effective and collaborative partnerships with various HSBC Group colleagues to ensure adherence and alignment with Group Standards, clear communication and escalation of US relevant issues, and to support Group understanding of applicable US policies, laws, regulations, themes, trends, and issues
• Support structured efforts to collect, assess, and respond to internal and external information sources to detect new or emerging trends of issues from regulatory, supervisory, industry, or internal HSBC US or Group sources, including regulatory agency communications and publications, direct and indirect feedback from bank examiners, industry publications and analysis from law firms, consultancies, and HSBC reporting and systems such as HELIOS, REGMAP, Rapid-2, and others
• Help drive pro-active thematic reviews, partnering with existing 1/2/3 LOD executive management and testing and control functions, to proactively assess business and functional operations for effective internal governance and controls, assess inherent and residual risks and mitigants, and to determine appropriate remedial actions needed if any. Requires strong partnership with Internal Audit, the Chief Control Office, Non-Financial Risk, Regulatory Liaison Office, and first and second line Assurance units
  
  

For this role, HSBC targets a pay range between $141,300.00 and $211,900.00

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.

Requirements

You´ll likely have the following qualifications to succeed in this role:

• Well developed capacity to process high volumes of complex information and synthesise key themes and issues
• In depth understanding of the US Financial Services regulatory landscape
• In depth understanding of the Group, HSBC US business policies, products, people, strategy, controls, and practices
• Strong interpersonal and communication skills with highly developed capacity to influence senior teams
  
  

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.