HSBC

Manager, Regulatory Affairs

Sydney

FULL TIME

October 11, 2024

Job description
Some career choices have more impact than others.

At HSBC we exist with the purpose of Opening up a World of Opportunity. We use our unique expertise, capabilities, breadth and perspectives to provide opportunities for our customers and colleagues through global connectivity. We bring 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.

As an HSBC employee in Australia, you’ll have access to tailored professional development opportunities, competitive pay, an embedded flexible working culture and a range of employee benefits. These include market-leading subsidised private health cover, enhanced parental pay and support when returning to work, subsidised banking products and services, bonus leave days and wellness programmes including discounted gym memberships.

The role supports the Chief Risk and Compliance Officer (CRCO) Australia and New Zealand, CRCO New Zealand and Head of Compliance in leading the execution of the Compliance Regulatory Affairs agenda and policies in Australia and New Zealand, and supports Regulatory Affairs as the central and primary contact for lead regulators (APRA, ASIC and AUSTRAC). The role also works closely across the entity to ensure effective oversight and provision of timely responses to regulatory change and regulatory engagements using our core systems across requests for information, reviews and meetings while supporting our interactions with industry groups.
We are seeking a driven individual to support the management of our regulatory relationships and work closely with subject matter experts (SMEs) within Australia (Aus) and New Zealand (NZ) to ensure that a consistent approach is taken across the Bank.
This role has no direct or indirect reports.

Key responsibilities will include:
  • Assist Regulatory Affairs in implementing best practice standards, policies and procedures.
  • Work with the Head of Compliance and Chief Risk and Compliance Officer in AUS and NZ to ensure that AUS’s and NZ’s exposure to regulatory risks is managed, in a commercially sensitive, practical and cost-effective manner.
  • Support with providing oversight and management of Compliance Risk within AUS and NZ.
  • Manage interactions with regulators including reporting.
  • Ensure clear compliance policies on new and evolving compliance risk are implemented effectively working alongside Risk & Compliance colleagues.
  • Support processes for communicating proposals for regulatory change and regulatory trends.
  • Work closely with Risk & Compliance including Financial Crime in providing specialist expert support in respect of Projects and Regulators.
  • Help develop and implement training programs for management and their teams in AUS and NZ.
  • Aid in creativity/innovation in implementing policies, providing solutions to complex issues and reporting Compliance issues.
Requirements
To be successful in the role you will need:
  • Experience in compliance roles with strong knowledge of compliance and regulatory risks.
  • Experience or subject matter expertise with regulators or managing external / third parties.
  • A proactive attitude, ability to apply lateral thinking to interpret and solve complex issues.
  • Excellent communication skills with the ability to engage with stakeholders including external parties.
  • Ability to adopt a tailored and effective communication style to varying levels of management.
  • Strong inter-personal and influencing skills.
Preference will be given to candidates who hold Australian PR/Citizenship or New Zealand Citizenship, or who can demonstrate current unrestricted work rights in Australia without limitations.

We value different perspectives, we succeed together, collaborating across boundaries, we take responsibility, holding ourselves accountable to get things done. Through these values, HSBC is committed to building a culture where all employees are appreciated and respected and where opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow in an inclusive environment. Applications from First Nations peoples are encouraged.

Learn more about careers at HSBC Australia – https://www.hsbc.com/careers/where-we-hire/australia.

Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website. Issued by HSBC Bank Australia Limited. Please note that HSBC will we never communicate to applicants via non HSBC channels such as SMS, Whats App or Facebook so please be careful if anyone attempts to contact you via these channels.


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