sharing the costs of sports activities
AVP - RWA FX Controller, Regulatory Reporting
HSBC Service Delivery (Polska) Sp. z o.o.
- Kapelanka 42a, Dębniki, KrakówKraków, Lesser Poland
- valid for 24 daysuntil: 12 Jun 2022
- contract of employment
- hybrid work
- remote recruitment
- запрошуємо працівників з України
Understanding the open FX positions at region / entity level and their impact on IMA and STD RWAs.
Monitoring open FX positions, adherence to the Non-Trading Book FX policy ensuring FX exposures are managed and reported in accordance with the policy guidance.
Understanding the key drivers behind the RWA movements as a result of the movement in FX exposures.
Understanding one off / complex transactions / structures and their FX implications, ensuring these are appropriately capitalised for FX RWA purposes.
Reporting non-compliance of the FX policies at site / regional levels.Work with Group Regulatory policy, Finance Change, Risk and other teams to implement regulatory changes
Monitor regulatory developments and prepare a framework to assess compliance on an ongoing basis
Manage and document policy interpretations and judgements applied within the regulatory reporting framework
Deliver high quality regulatory capital outputs including regulatory returns, disclosures and internal MI
Qualified accountant (CA/ICWA) or MBA Finance from a reputed institute with 15 yrs. experience in Reporting and analysis in banking or top tier consulting firms
Extensive knowledge of RWA regulations for reporting and calculations across all frameworks
Advanced understanding of the UK & EU prudential regulatory framework
Experience that demonstrates ability to learn and apply complex technical rules or frameworks such as Basel 3, CRR2, ITS
Ability to understand complex technical rules and apply them to systems, data and processes to determine impact on regulatory reporting outputs
Accounting knowledge for foreign exchange transactions, foreign operations and consolidation of foreign subsidiaries.
Regulatory Trading vs Banking book classifications and corresponding RWA treatment
Clear understanding of FX RWA impacts including MR RWA, SFX RWAs and P2A capital requirements etc.
Understanding of various ledger systems, including FTP, HUB etc in the context of FX CCY ledger and cost centre setup (mandated, non-mandated pseudo mandated etc.)
Understanding of RWA treatment of Trading FX exposures for IMA entities (inclusion of exposures in FX VaR calculations), Non-IMA entities and Banking book FX exposures.
Good problem solver with well-developed analytical skills
Excellent all-round communication skills
Deep experience of a range of business and operational processes across the breadth of the financial services environment controls
Experience delivering to multiple internal stakeholders etc
Commercially minded and ability to both make decisions in a timely manner
Proven ability to influence across functions, geographies and businesses
private medical care
sharing the costs of foreign language classes
sharing the costs of professional training & courses
remote work opportunities
flexible working time
corporate sports team
doctor’s duty hours in the office
retirement pension plan
no dress code
video games at work
coffee / tea
parking space for employees
extra social benefits
employee referral program
opportunity to obtain permits and licenses
Welcome to HSBC!
Regulatory Reporting has a huge volume of change to manage spanning various systems such as Cloud, CorB3 and RCT as well as a number of mandatory regulatory changes to implement. The role requires to manage compliance assessment of regulatory rules. The role requires strong regulatory knowledge and experience to understand the regulatory rules and interpretations, its impact on current reporting, taking policy opinions and concluding the assessment with relevant stakeholders.
HSBC Service Delivery (Polska) Sp. z o.o.
HSBC is one of the world’s largest banking and financial services organisations. Our global businesses serve more than 40 million customers worldwide through a network that covers 64 countries and territories.
HSBC Service Delivery (Polska) Sp. z o.o. is HSBC's global finance, operations, risk and technology centre. We use our unique expertise and capabilities to provide specialised services – our people range from technologists transforming the banking experience to operations professionals managing 1.7 trillion payments a year.
Our Purpose – Opening up a world of opportunity – explains why we exist. We are 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.