Assistant Vice President (AVP) in Markets & Securities Services (MSS) Compliance

HSBC • New York, NY

2d

About The Position

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.
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 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.
As an Assistant Vice President (AVP) in Markets & Securities Services (MSS) Compliance you will:
Interact with and provide real-time, compliance advisory support to Trading and Sales teams across Fixed Income and Foreign Exchange markets as they seek to achieve their business/commercial objectives in region
Manage policies, training, program elements, and risk framework disciplines, such as periodic regulatory and risk assessments, issues tracking and management, reporting and governance, and other aspects
Assist and, as appropriate take lead, on matters concerning business policies and procedures, regulatory matters including new rule proposals, existing and new products as well as reporting, operational, technological, and other issues in the business and functional areas
Establish positive, working relationships with Non-Financial Risk (NFR), COO, Operations, Technology, other Risk partners and other functional areas, such as Internal Audit, to collaborate on compliance solutions and manage risk issues
Think and operate proactively and readily help stakeholders and the wider compliance department – locally and, as necessary, globally – on cross-collaborative efforts, including project work, controls, trainings, surveillance, and other needs (e.g., regulatory change, transformation)
Assist with review and challenge on issues, projects/initiatives, responses to regulatory inquires and examinations and various other reporting and management information

Requirements

• Bachelor’s degree – ideally in a finance or business related field
• Experience in a bank or broker-dealer, covering fixed income and/or foreign exchange markets, or comparable experience.
• Strong relationship management skills
• Foundational / technical knowledge of trading markets, including sales functions, operations, systems and technologies
• Ability to demonstrate critical thinking and professional skepticism to identify and manage risk, provide review and challenge, and evidence effective risk stewardship
• In addition, this role involves interaction with both regulators and key internal stakeholders across the three lines of defense; therefore, it requires technical knowledge, effective organizational skills, and strong interpersonal abilities

Responsibilities

• Interact with and provide real-time, compliance advisory support to Trading and Sales teams across Fixed Income and Foreign Exchange markets as they seek to achieve their business/commercial objectives in region
• Manage policies, training, program elements, and risk framework disciplines, such as periodic regulatory and risk assessments, issues tracking and management, reporting and governance, and other aspects
• Assist and, as appropriate take lead, on matters concerning business policies and procedures, regulatory matters including new rule proposals, existing and new products as well as reporting, operational, technological, and other issues in the business and functional areas
• Establish positive, working relationships with Non-Financial Risk (NFR), COO, Operations, Technology, other Risk partners and other functional areas, such as Internal Audit, to collaborate on compliance solutions and manage risk issues
• Think and operate proactively and readily help stakeholders and the wider compliance department – locally and, as necessary, globally – on cross-collaborative efforts, including project work, controls, trainings, surveillance, and other needs (e.g., regulatory change, transformation)
• Assist with review and challenge on issues, projects/initiatives, responses to regulatory inquires and examinations and various other reporting and management information

Benefits

• 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 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees