Job Title : Compliance Associate, Regulatory Affairs - HSBC Innovation Banking
Location : London
Company : HSBC
Salary :
Open Date : 2023-10-11
Close Date : 2024-02-11

Job description

Compliance Associate, Regulatory Affairs - HSBC Innovation Banking

Who are HSBC Innovation Banking?

We’re the power behind the UK’s forward-thinkers, future-makers and leap-takers, helping them ignite the bold ideas that reshape our world. We offer flexible banking solutions for start-ups, scale-ups, growth businesses, investors and those working towards IPO.

Whether it’s comprehensive banking, managing cashflow, plans for buyouts or Global Funds Banking, we power ideas at every stage of their journey. From the first-time founders to the funds that back them and everything in between. Here’s to never standing still. We're proud to accelerate growth for tech and life science businesses, create meaningful connections and open a world of global opportunity for entrepreneurs and investors alike.

The Role

• The Compliance Associate reports to the Senior Manager, Regulatory Affairs and provides support across the firm’s activities in managing regulatory change publications and engagement with regulatory bodies. They will be required to prioritise and, after a period of induction, work independently.

• The individual should be able to proactively learn the overall business and compliance function to support the Regulatory Affairs team in executing their duties, be able to understand and analyse complex issues to come to conclusions supported by evidence and have attention to detail.

• They will need to be able to work on confidential and sensitive matters, exercising good judgement in the execution of their role and putting the needs of the business first and in line with our regulatory obligations.

• For the right person this role provides a learning and growth opportunity with possibility for team mobility and to develop an excellent transferable skillset.

Responsibilities will include:

• Engaging in regulatory horizon scanning to record, track and escalate relevant new regulatory publications;

• Manage assigned publications through the RAPID2 system;

• Assisting with the analysis of regulatory changes and liasing with other second line of defence Risk colleagues to assist the business in implementing any changes required by the deadlines imposed

• Supporting the submission of regulatory returns and management of the reporting schedule for the UK business

• Assisting the Senior Manager, Regulatory Affairs with the schedule of any regulatory engagement activities.

• Supporting other ad-hoc projects as the need arises

Requirements

Skills and Requirements

• Proven experience working in Compliance in banking/financial services; Commercial banking experience would be a plus

• Strong judgement and critical thinking skills

• Ability to synthesize complex information effectively

• Excellent verbal, written and interpersonal skills

• The ability to work independently and challenge effectively

• Strong prioritisation and workflow management skills

• Relationship building

• A positive growth mindset

• An energetic enthusiastic approach to work

• The individual should have an entrepreneurial, collaborative approach and a flexible style that allows for the input of others. The individual must share the following core values of HSBC Innovation Banking:

• An emphasis on achieving the organisation’s goals, versus individual achievement;

• An “enterprising” approach with creative problem solving; and

• A focused and results driven mindset.

THE IDEAL CANDIDATE

The candidate must possess a high level of energy and initiative and be capable of functioning as a collaborative partner and value-added business contributor. In style, the individual should be consultative versus directive and able to weigh options and alternatives effectively, yet equally capable of being decisive and willing to take risks where appropriate.

The candidate must be hard-working, self-motivated and able to work independently in a team-oriented environment. The ideal candidate will possess a strong sense of urgency, be able to think beyond the initial set of facts or issues and have a strong orientation for probing for less than apparent solutions. They should bring a strong sense of ethics, sound business judgement and the desire to be a business-oriented problem solver.

London based - Hybrid

Equal Employment Opportunity

We know that some people may be put off from

Apply This Job