Associate Regulatory Business Support

Regulatory Business Support Associate

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If you’re looking for a career where you will be respected as an individual and valued for the contributions you make, join HSBC and discover how diversity drives our success. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC Commercial Banking serves millions of businesses ranging from small, to large corporates, providing commercial customers with a full range of banking services including Global Trade and Receivables Finance, RMB solutions, multi-currency business accounts, payments and cash management, and wealth management and insurance, as well as a comprehensive range of financing solutions. With dedicated Relationship Managers and Product Specialists providing local support and advice in over 60 countries and territories, HSBC helps connect customers to opportunities.

As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

Role Purpose:
Wholesale Client Services brings together client onboarding functions to operate as one single organisation with a view to provide full E2E client onboarding & client service support covering the entire client lifecycle for all product areas across the Wholesale Bank globally. This organisation brings together Client Lifecycle Management, Client Onboarding, Credit Analysis, Regulatory Business Support and Exits teams under a single unit. The Wholes Client Services Teams work closely with both the RMs and other key functions/product areas to ensure the operational management of client lifecycle events is independently managed with all the downstream functions while meeting the required client due diligence, global standards and regulatory requirements. This will be achieved through strong discipline on costs, operational risk & control management and strong client and service orientation.

The Regulatory Business Support (RBS) team offers client and business support for all regulations on behalf the Wholesale Bank including client outreach, implementing new processes, ongoing assurance and owning accurate regulatory classifications.

Your responsibilities will include:

- Be the Regulatory SME with particular coverage of regulations EMIR, Dodd-Frank-Act (DFA) and SEC 15a6 developing a detailed understanding of regulatory requirements, system, process and procedures in order to advise the Business, Client Managers and off shore teams;
- Provide regulatory support & advisory services to key market regulations as part of client onboarding lifecycle;
- Strong collaboration with Client Management and RM’s to ensure awareness and completeness of the regulatory requirements;
- Perform ad-hoc regulatory data analyses to support additional business demands, regulatory change initiatives and transformation programs;
- Adhering to all service level agreements and metric requirements at all times;
- Responsible for ensuring assigned initiatives and demands are prioritized & resolved within agreed timeframes across RBS
- Manage communication & reporting of updates to other stakeholders including Business, Client Management, Legal and Compliance
- Highlight problems/blockages and take initiative to suggest ideas to change and improve processes
- Manage risks, issues and dependencies and ensure timely escalation for resolution
- Interpretation and analysis of regulatory data sets for regulatory adherence
- Strong emphasis on the maintenance of an effective and rigid control environment ensuring quality and adherence is never compromised.

Requirements

To be successful in this role you should meet the following requirements:

- Ownership for the customer outcome - task focused but able to hold onto the required outcomes through the management of the individual tasks
- Strong knowledge of regulatory regimes, particular EMIR, Dodd-Frank-Act (DFA) and SEC 15a6 desired
- Proven experience interpreting, manipulating and analysing large data sets
- Strong interpersonal and team working skills
- Results focused individuals - driving the customer outcomes based on knowledge of the client outcomes and with expertise of the onboarding process
- Effective communicators able to build strong relationships with Client Manager, RM and the Client and provide transparency of regulatory activity required
- Strong organisation skills, able to manage a large number of activities at any one time; able to internalise activity in order to manage the complexity
- Commercially aware - understands the drivers behind the on-boarding requirement and the value to the bank of what is being reque