Senior Manager of Regulatory Compliance Reporting

hace 2 meses


Ciudad de México, Ciudad de México HSBC A tiempo completo

Overview:

In the pursuit of excellence in financial governance, we are seeking a seasoned professional to fulfill the role of

Regulatory Reporting Senior Manager

Role Objective:

The Regulatory Reporting Senior Manager is tasked with the critical responsibility of scrutinizing, evaluating, and ensuring the integrity of the Firm's final regulatory submissions. The primary reporting obligations are directed towards the Federal Reserve Bank (FRB) and the Office of the Comptroller of the Currency (OCC). This role encompasses the management of the reporting modification process, from regulatory changes to the execution of the reporting adjustments. It necessitates collaboration with Policy, Finance Change, IT, and the Offshore Regulatory Reporting Production Team to guarantee a prompt, precise, and thoroughly documented implementation. Furthermore, this position will oversee and resolve any issues impacting the outcomes of the Regulatory Returns, whether they stem from procedural or data quality concerns, ensuring timely resolutions.

Main Responsibilities:

  • The position involves regulatory reporting for HSBC Bank (USA), HSBC North America Holdings Inc., and their subsidiaries. The primary duties include the review and endorsement of individual schedules for various regulatory submissions, such as the Call Report (FFIEC 031), FR Y-9C, and other regulatory documents.
  • Additional responsibilities include collaborating with the offshore report production team, submitting reports to regulatory bodies, developing management reports from regulatory software, coordinating with auditors and regulators, managing reporting modifications, and engaging in other projects pertinent to regulatory reporting.
  • The Regulatory Reporting Senior Manager will work closely with other Finance divisions, including RWA Production, Capital Planning, CCAR, and Line of Business Finance Teams, as well as Risk and Business Units teams.

Qualifications:

  • A Bachelor's degree in accounting, finance, economics, or a related field, or equivalent experience.
  • Ideally, a minimum of five years of proven experience in regulatory reporting, or equivalent experience within a major US bank or the US branch of a foreign bank subject to Risk-Based Capital requirements of the FRB/OCC.
  • Experience in preparing Call and FR Y-9C reports for a large US bank is preferred.
  • Familiarity with other aspects of FRB reporting for a US bank is desirable.
  • Experience with FRB/OCC regulatory policies or interpretations is preferred.
  • A strong understanding of Federal Reserve Bank Capital Adequacy Rules and Regulations (Basel I, II, and III capital calculations).
  • Excellent communication skills.
  • A solid understanding of financial services and products is preferred.


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