Head of Integrated Regulatory Reporting – HBCE

At HSBC, we’re a trusted international organization with a global customer base of around 39 million customers worldwide through a network that covers 62 countries and territories. In Europe, our intention is to become a first-class international wholesale bank and we need talent like you to help us meet our purpose. Whether you want a career that could take you to the top or in an exciting new direction—we offer opportunities, support and rewards that will take you further. 

HSBC has been certified “Top Employer 2024” in Europe. This Top Employers Institute recognition rewards our HR practices and recognizes HSBC as an HR Leader in France, Germany, Italy, Luxembourg, Poland and Spain. Moreover, HSBC France and HSBC Poland have been certified with LinkedIn Top Employer 2024 awards, recognizing our teams in France and Poland as great places to work

The Head of Integrated Regulatory Reporting (IRR) will oversee all regulatory reporting activities for HBCE and focus on managing European Central Bank and Prudential Regulatory Authority regulatory reporting requirements. The role will be accountable to ensure that PRA / ACPR requirements from Finance are delivered successfully and accurately. In addition, the role will have oversight responsibilities for Liquidity reporting, Fin Rep Reporting (Financial) and French GAAP Reporting.

Some careers have great impact on businesses If you’re looking for a role where you will make an impact, join us at HSBC where your contributions will always be valued.

YOUR ROLE
The Head of IRR is a key role within financial operations and control and will be accountable for all regulatory reporting responsibilities of the Finance function. It requires external communication with the ECB / ACPR, as well as engagement of senior management on comprehensive financial information, including analysis and explanation of key trends and performance. 

The role holder will ensure that HSBC fulfils all its external reporting requirements. Providing guidance to HSBC Finance teams, the role holder will be managing and owning end-to-end process of preparation and assurance of all reporting requirements, including accuracy of Regulatory Reporting (providing expertise on Capital, RWA, Leverage Ratio to stakeholders), local consolidated statutory IFRS or local GAAP financial statements (Annual Report, Accounts and Interim Report), management and liquidity reporting, submissions to Group global reporting processes.

To be successful, the role holder will handle a large set of activities and responsibilities:
• Reporting teams’ management, to produce timely, accurate and complete reports
• Reporting process definition, to ensure high quality delivery
• Escalations and incidents management 
• Delivery of commentary and variance analysis, as well as query resolution
• Delivery of high-quality outputs, prepared in accordance with accepted regulatory and accounting policy
• Support the final sign-off of reporting by HBCE Financial Controller 
• Reporting processes’ controls, to ensure their design is aligned with HSBC’s control framework and complies with all other requirements (such as SOX)
• Continuous reassessment of operational risks inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and new technologies
• Responsibility of procedures compliance with Sarbanes Oxley, Finance Functional Instruction Manual (FFIM), GSM Chapter 3 (Finance)
• Management (planning and coordination) of the entire daily, weekly, monthly, quarterly, half-yearly and yearly reporting processes

HBCE Head of IRR is typically the kind of job and responsibilities where you need to leverage the expertise of others to get things done. You will consequently lead or influence a large set of stakeholders:

• Lead and inspire the Regulatory Reporting team, developing a deep pool of report production expertise with a commercial sense of continuous improvement
• Work closely with Data Operations & Data office for data issue remediation and new reports’ developments 
• Implement the Group Compliance Policy by containing compliance risk in conjunction with the relevant compliance department
• Drive interaction and relationship with Investor Relations and Policy teams as required
• Key interactions with external regulators

YOUR PROFILE

The role requires continuous learning and a curious nature, to challenge existing processes and explore the use of new technologies. The role requires leadership and influencing skills to deal with a large set of stakeholders and to manage a small and senior in-country Regulatory Reporting team.

• Great written and oral communication skills in English
• Ability to communicate complex ideas (transactions, adoption of policies) in a simple manner to a global audience
• Experience in accounting or financial, regulatory or management reporting
• Understanding of control frameworks and how to implement effective controls
• Ability to deal with and analyse unstructured problems and queries 
• Ability to question and challenge existing procedures
• Good understanding of financial products and how they impact reporting requirement (and more generically the banking business, balance sheet and P&L)
• Ability to develop effective working relationships with stakeholders of different levels of seniority and geographical locations
• Understanding and interest in new technologies (to improve reporting processes and controls)

Why to join HSBC?

Diversity and Inclusion is at the heart of our business. Joining HSBC will give you the opportunity to work in a collegiate and supportive environment in which we seek to develop and promote you based on merit.

We provide employees and prospective talent with the support and information they need to perform at their best, make informed decisions about their career and take charge of their own progression based on their career interests.

The organization of working time:
• Advantageous remote working agreement
• Refund of transport fees at 50%
• 5 weeks of paid vacation and your RTT days
• Days off for your family events (sick child, wedding, PACS, ascending care, moving, etc.)
• Additional maternity leave, breastfeeding leave and advantageous paternity leave
• Parental presence leave, part-time child with a disability, dependency support leave
• A Time Savings Account to monetize your untaken off days
• The possibility of working part-time

Your family benefits:
• Partial reimbursement of childcare costs
• A birth bonus
• A back-to-school bonus for your children up to the age of 25
• A parental bonus
• An allowance for parents of children with disabilities

Your financial benefits:
• A company savings plan and a savings plan for collective retirement and a significant matching contribution from your employer, a meal voucher card depending on your place of employment
• Banking conditions dedicated to staff
• Mutual insurance to reimburse your health costs and those of your family
• A pension contract to protect your loved ones
• An additional pension
• A loyalty bonus and a long-service medal rewarding seniority
• Holiday vouchers based on your reference tax income
• CESUs if you are disabled or if you have a disabled child, spouse or parent for tax purposes
• A Works Council which offers, among other things, ticketing, travel, sports, legal aid, etc.
• A personal and secure electronic safe

Your training & development benefits with access to our platform Degreed: 
• Degreed is above all a new way to learn and develop your skills
• Degreed is the name of an open platform that you can use to discover learning content, develop skills and successfully meet new business challenges
• When you first connect and identify to the platform, you can select the skills you want to acquire
• The Degreed algorithm will make available to you the best articles, books, videos, courses and people according to your interests and your learning habits