Regulatory Policy Manager

Job Description

Some careers open more doors than others!If youre looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a role that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewardsthat will take you further.Global Finance is integral to HSBCs purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our global team of finance professionals partner with the business to provide trusted insights and forward lookinganalysis, accuracy, efficiency, and control to frame and influence business decisions.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 whenyou return to work, and a contributory pension scheme with a generous employer contribution.We are currently seeking an expert individual to join this team in the role of Regulatory Policy Manager.In this role, you will:

• Global Regulatory Policy (GRP) is responsible for establishing HSBCs Group level, and certain regional level, regulatory capital policies, and for advising the firms business lines of the impact of these policies upon transactions and new products;
• The team ensures the timely review and notification of new developments in prudential policy regulation which affect the calculations of RWAs, leverage ratio, and capital resources, as well as any related regulatory reporting impacts, and provides policysupport as part of advocacy and implementation efforts;
• GRP provides technical regulatory capital support and guidance to functions, businesses, and legal entities across a wide range of transactions and regulatory issues, providing challenge and governance to mitigate regulatory risk;
• GRP covers all aspects of prudential policy, including risk weighted assets (RWAs), capital resources, the leverage ratio and liquidity across a full range of risk areas;
• This role will have a key focus on the capital resources, total loss absorbing capacity (MREL/TLAC), leverage and prudential consolidation rules, advising HSBCs treasury function on the interpretation and application of the rules.This role also includesthe firms associated advocacy efforts on consultations and draft legislation issued by HSBCs regulators;
• You will also support the review of transactions and new products from a regulatory policy perspective. As part of the Global Regulatory Policy team, you will also form part of certain global subject matter expert (SME) teams, which provide expert technicalregulatory support;
• GRP is currently organised as a global team with a physical presence in the UK, US, Hong Kong, France, India, and Mexico.

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

• Strong working knowledge of the prudential rules and policy experience;
• A Banking, Accounting, Financial Services or Legal background;
• Understanding of the accounting framework with the alignment and differentials to the prudential framework;
• Experience of building and maintaining strong relationships with stakeholders.

The base location for this role is London and with a hybrid working pattern.Youll achieve more when you join HSBC.HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that champions continuous professional development, flexible working and opportunities to grow within an inclusive anddiverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.Within HSBC certain roles are designated as Enhanced Vetting Roles. For these roles, all internal and external applicants are required (subject to local laws), to pass satisfactorily a series of additional checks both as part of the application process and,if successfully recruited into the Enhanced Vetting role, on an ongoing basis. The 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 first carried outas part of this recruitment exercise, and/or if relevant, on an ongoing basis.As a business operating in markets all around the world, we believe diversity brings benefits for our customers, our business and our people. This is why HSBC is committed to being an inclusive employer and encourages applications from all suitably qualifiedapplicants irrespective of ethnicity, religion, age, physical or mental disability/long term health condition, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military andveteran status, and any other characteristic protected by local law in the jurisdictions in which we operate. Within the work place you will have access to various employee resource groups which strive to promote and achieve a healthy work / life balance andsupport our diversity ambitions. HSBC has in place processes in order to avoid nepotism, which means to avoid crafting circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.We want everyone to be able to fulfil their potential which is why we provide a range of flexible working arrangements and family friendly policies!