Regulatory Compliance Manager, Global Banking & Markets

  • Competitive
  • Kuala Lumpur, Malaysia
  • Permanent, Full time
  • HSBC Bank (M) Berhad
  • 25 Sep 17

Regulatory Compliance Manager, Global Banking & Markets

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If you're looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. 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.

Global Risk is a thriving and expert risk management function supporting HSBC globally with all aspects of risk management. The team actively manages a varied and dynamic range of risk types, including security, fraud, information security, operational, credit, pension, insurance, compliance, regulatory, market, reputation and geopolitical risks. All parts of the Global Risk team use their skills, insight and integrity to handle established threats and those they see emerging, acting to protect and enable HSBC to deliver sustainable growth.

We are currently seeking an experienced professional to join this team in the role of Regulatory Compliance Manager, Global Banking & Markets.

Principal Responsibilities

  • Impact on the Business
    • To provide support to Senior RC Manager GM in the containment of compliance risks in GM. This includes ensuring proactive approach is taken to identification of Regulatory Compliance risk change and potential impacts on GM Business Model in Malaysia.
    • Assist in ensuring that there is a robust and effective Compliance framework in GM.
    • Assist with implementing compliance-related projects or programmes to address, manage and mitigate impacts of regulatory changes on GM in Malaysia.
  • Customers/Stakeholders
    • Liaison with relevant stakeholder within GM in Malaysia, other Global Business and Functional teams to provide expertise and support on all Regulatory Compliance related matters
    • Assist in interaction with Regulators and industry bodies in Malaysia, on Regulatory Compliance matters relating to GM
    • Ensure the appropriate timely and relevant risk information is provided to GM management, and Business Control Committee GM
    • Assist in enhancing compliance awareness amongst GM staff.
    • Assist to monitor changes to business practices and products of GM to ensure that compliance procedures and controls are adequate to cover them.
  • Leadership and Teamwork
    • Maintain and develop positive and professional working relationships with team members within the Compliance function and the relevant business lines.
  • Operational Effectiveness and Control
    • Assist in activities in relation to implementing the alignment of GM operating practices with changes in Global Regulatory Compliance Standards
    • Resolve any/all identified issues promptly, and escalate concerns to relevant Compliance teammates and management as appropriate to ensure timely awareness of any material concerns.
    • Maintain and observe all HSBC control standards and implement and observe the Group Compliance Policy, including the timely implementation of recommendations made by RC Assurance reviewers, internal/external auditors and external regulators.
    • Maintain awareness of operational risk within assigned portfolio and minimise the likelihood of it occurring including its identification, assessment, mitigation and control, loss identification and reporting.
    • Supporting the management of reputational and regulatory risks of GM.

  • Degree qualification with at least 5 years of compliance or relevant experience, preferably with regulatory compliance experience in Commercial Banks (Markets/Treasury) or Investment Banks (Treasury, Corporate Finance, Debt Capital Markets).
  • Significant degree of professional independence.
  • Strong team-player attitude.
  • Strong communication and inter-personal skills, with experience of dealing with stakeholders at various levels including the capacity to articulate the case for risk management and policy in the language of business.
  • Consistent follow-through in ensuring corrective or mitigating actions are put in place or closed out.
  • Pro-active in identifying regulatory compliance issues or developing appropriate recommendations/solutions.
  • Good interpersonal skills and ability to interact well with all level of employees and external parties;
  • Ability to objectively analyse information and exercise good judgment in supporting the assurance planning, fieldwork or reporting of results of assurance and audit activities.