Singapore, Singapore, Singapore
5 days ago
Vice President, Regulatory Compliance, IWPB - Risk and Compliance

Some careers grow faster than others.

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.

Regulatory Compliance ensures adherence to applicable regulations and standards by setting the policies which cover HSBC’s regulatory requirements, and mitigate conduct and reputational risk issues. The team strives to remain ahead of the regulatory change agenda and ensures the business understands the implications and is prepared for change. It monitors how the Global Businesses and Functions manage their responsibilities with regard to complying with the regulations and helps resolve compliance deficiencies.

We are currently seeking a high calibre professional to join our team as a Vice President, Regulatory Compliance.

Principal Responsibilities

In this role you will

Have a strong partnership with our IWPB Business team, Local Compliance teams and Regional Compliance teams, as well as Risk teams, acting in concert with them to drive the implementation of new regulations, taking into account internal group policiesProvide sound regulatory and policy advice related to our IWPB products, services and business initiatives, to support the Business growth and initiativesInvestigate, assess and escalate potential regulatory breaches and issues to Head of Regulatory Compliance, International Wealth and Premier Banking (IWPB) SingaporeManage and lead the required remedial action of all material regulatory compliance related issues involving Singapore. Exercise risk stewardship over regulatory compliance risks of the Business, by challenging the Business on their assessment of such risks, taking into account business activities, regulatory requirements, internal and external events, and the sufficiency of proposed controls to mitigate such risksLiaise with relevant stakeholders within Singapore/Regional Compliance IWPB Business to provide Compliance expertise on all compliance mattersInteraction with regulators and industry bodies on IWPB Regulatory Compliance related matters will be requiredMaintain and observe all HSBC control standards and implement and observe the Group Compliance Policy, including the timely implementation of recommendations made by internal/external auditors and external regulatorsMaintain awareness of operational risk within assigned portfolio and minimize the likelihood of it occurring including its identification, assessment, mitigation and control, loss identification and reporting
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