Global Regulatory Policy Manager – Liquidity
HSBC
**Description**
Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.
A Global Regulatory Policy Manager – Liquidity provides technical regulatory support and guidance to infrastructure functions and businesses across a full range of financial products and regulatory issues, providing challenge and governance to mitigate regulatory risk. Global Regulatory Policy Manager – Liquidity continuously monitors new rule developments and other ongoing changes to the prudential regulatory landscape. Global Regulatory Policy Manager – Liquidity covers a number of key aspects of prudential interpretation, including risk weighted assets (RWAs), capital resources, and the leverage ratio, across a full range of risk areas e.g. credit risk, counterparty credit risk, liquidity risk, securitisation, market risk, etc. Global Regulatory Policy Manager – Liquidity is organized as a global team, working flexibly, with a physical presence in the UK, US, Hong Kong, France, India, and Mexico.
This is an exciting new opportunity to join the Global Regulatory Policy Manager – Liquidity presence in the US with a key focus on Liquidity policy. Specifically, the role will be critical to the analysis and interpretation of Liquidity prudential requirements, including the Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) as administered by the US prudential regulators, e.g. the Fed, OCC, and FDIC. The role will be based in New York City, however candidates based outside of New York City may be considered.
The Global Regulatory Policy Manager – Liquidity function currently ensures timely review and notification of new developments in prudential policy regulation which impact the prudential calculations, as well as any related regulatory reporting impacts, and provides policy support as part of advocacy and implementation efforts. The successful candidate will help expand Global Regulatory Policy Manager – Liquidity support to cover interpretations of the US Liquidity requirements and be part of Global Regulatory Policy Manager – Liquidity global subject matter expert team that will be responsible for advising on prudential Liquidity regulations and providing expert technical regulatory support.
As our Global Regulatory Policy Manager – Liquidity you will:
+ Track new policy developments and formulate HSBC’s regulatory policies accordingly, providing detailed practical guidance, distributed to a wide range of stakeholders;
+ Produce and review regulatory opinions and interpretations on complex transactions and new products to ensure compliance with Group and local regulatory policies, ensuring all key interpretations are subject to appropriate governance;
+ Provide technical support and guidance to both infrastructure functions and businesses;
+ Provide technical support on the implementation of new regulatory requirements;
+ Facilitate the HSBC Group’s response to future regulatory developments, including the implementation of the final Basel III reforms, and influence the external development of regulatory policy by leading on advocacy efforts in response to new standards, proposed rules, and discussion papers.
For this role, HSBC targets a pay range between $148,300.00 and $240,000.00.
The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.
At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.
**Qualifications**
You´ll likely have the following qualifications to succeed in this role:
+ Strong technical knowledge of US Liquidity prudential regulations is essential
+ Technical knowledge of Liquidity prudential regulations as administered by other key bodies and jurisdictions, e.g. The Basel Committee (‘BCBS’), UK/PRA, EU, Canada, and Mexico, is desirable but not required
+ Technical knowledge of other areas of prudential regulatory capital, e.g. RWAs, leverage ratio, and capital resources under the US, UK/PRA, and/or BCBS rule frameworks is highly desirable
+ Proven ability to act as an advisor and challenger to internal stakeholders on all aspects of prudential regulatory policy, with a specific focus on Liquidity Policy
+ Strong control mind-set with the ability to support other control functions who are responsible for ensuring regulatory requirements are followed and reported accurately
+ Professional approach and presentation, ability to manage a wide range of stakeholders including senior management
+ Ability to prioritize competing deliverables
+ Excellent communication skills, both written and verbal
+ Ability to formulate and articulate defensible interpretations of ambiguous prudential regulatory rule text.
In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.
As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!
All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.
**Job Field:** Strategy and Planning
**Primary Location:** North America-United States-New York-New York
**Req ID:** 0000JYVG
Confirm your E-mail: Send Email
All Jobs from HSBC