Regulatory Affairs and Policy Manager
Posted 4 hours 5 minutes ago by HSBC Holdings plc
If you're looking to take an exciting new direction with your HSBC career, an internal move can open the door to many opportunities, allowing you to take on a new challenge, and develop your skills. Bring your knowledge of our brand to a new role and grow yourself further.
The Opportunity Regulatory Affairs & Policy Manager, 6-month secondmentCompliance is a Second Line of Defence function that reviews and challenges the Group's businesses to help ensure regulatory and financial crime compliance risks are effectively managed. Regulatory Affairs provides a shared service across Compliance with a clear goal - maintaining effective relationships with regulators and ensuring there are no surprises in regulatory engagement or regulatory developments. This is a 6 month secondment supporting regulatory engagements and regulatory developments across the Channel Islands and Isle of Man with a primary focus on regulatory engagement. You'll act as a point of oversight for tracking engagements and strengthening consistency across meetings, visits, reviews, thematic work, investigations, enforcement activity, reporting and information provision. Success means clear oversight, timely escalation of significant issues and well-prepared, well-managed engagement with key regulators and governmental bodies.
What you'll be doing- Own the day-to-day interface between HSBC CIIOM and key regulators including JFSC, GFSC and IOM FSA
- Coordinate regulatory engagements across CIIOM including meetings, visits, reviews, thematic work, investigations, enforcement activity and reporting
- Maintain central oversight for tracking and managing regulatory engagements to support consistent outcomes and a positive relationship with regulators
- Prepare briefing notes and support senior management engagement with regulators including attending meetings when required
- Coordinate responses to regulatory requests, advising stakeholders on regulatory expectations and requirements
- Monitor regulatory engagement trends and provide updates, reporting and guidance to relevant stakeholders
- Escalate and report material issues arising in regulatory relationships to senior management and where appropriate the Board and Board committees
- Partner with Compliance colleagues, Global Businesses, Global Functions and HOST on compliance-related matters raised through regulatory engagement
- Bring deep experience in senior compliance roles operating at a country or regional level
- Demonstrate extensive knowledge of relevant legislation and regulation and senior-level engagement with UK and/or Channel Islands and Isle of Man regulators
- Show experience preparing and coaching Senior Management including Board members ahead of regulator meetings
- Offer broad knowledge of regulatory and financial crime compliance risks and good practices for managing them across jurisdictions and businesses
- Apply broad knowledge of financial services regulation relevant to HSBC's businesses and material geographies of operation
- Navigate complex regulatory environments and balance regulatory expectations with customer and shareholder considerations
- Communicate clearly in written and verbal formats including producing briefing notes and stakeholder reporting
- Influence effectively across senior stakeholders and committees to ensure significant issues are raised promptly and handled appropriately