Finance Manager Local Regulatory Reporting

-Job description

**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.
Global Finance aims to provide HSBC with a professional, effective and responsive finance service that operates at optimal cost and employs a common and transparent global model.

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We are currently seeking an experienced professional to join this team in the role of **Finance Manager Local Regulatory Reporting.**

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**Principal Responsibilities**
- Managing the local regulatory reporting in the preparation & detailed review of financial & statistical reports, relied upon by various business/support users & other stakeholders (Regulators - BNM, PIDM, Board, Auditors, Group).
- The management of the relevant Group/local financial systems including routine maintenance, controls, new system enhancement and management of exceptions.
- Spearhead implementation of all local regulators’ new reporting framework and systems as the primary liason.

**Impact on the Business / Function**
- Manage production of periodic (daily/weekly/monthly) financial and statistical information to Regulators, Group offices, Business and other users.
- Undertake detail review of financial information and provide analysis/commentary to help users to interpret the data. Assess options to optimize returns on capital utilization and avenues to improve profitability.
- Support business in regulatory reporting issues for new initiatives. E.g. business case.
- Investigate unusual trends/transactions in the financial and statistical submissions so that errors and issues are resolved promptly or escalated where appropriate.
- Implement new financial/ statistical reporting requirement from regulators, and group offices. Co-ordinate the implementation of regulators/ group’ system and support as primary liaison between all business functions & external parties.
- **Customers / Stakeholders**
Fulfill local regulatory requirements through preparation of timely and accurate submissions to BNM, PIDM and Government of Malaysia.
- Support Board and Management committees through preparation of timely & accurate reports & papers. E.g. Board, Audit committee,ALCO, EXCO.
Primary liason and appointed Project Manager for all local regulators’ new reporting framework and systems.

**Leadership & Teamwork**
- Manage team members’ daily processes including system usage, housekeeping and controls.
- Provide guidance and on the job coaching of team members.
- Work closely within FIN sections/other departments to deliver an overall joined up approach to issues, new initiatives/projects.

**Operational Effectiveness & Control**
- Adoption of SOX requirement for enhanced internal control and risk management.
- Ensure smooth running and integrity of financial systems and databases and to implement/test system enhancements.
- Actively monitor daily activities to ensure no financial limits are breached. E.g. statutory reserves, liquidity and capital ratios.
- Act as independent check and balance on the financial results produced via business and support activities. Eg Credit Admin returns, Banking Ops statistics, MI data.
Requirements
- Minimum with Degree qualification. Possessing 2 to 5 years of related knowledge and practical experience of regulatory reporting will be additional advantage;
- A Professional Financial/Accounting qualification is essential.
- With extensive knowledge or experience of Finance either gained through job experience or educational background.
- Effective communication (both verbal and written) and interpersonal skills, including experience of presenting, influencing and maintaining strong working relationships with a wide variety of internal and external stakeholders;
- Ability to work with new and changing requirements from different regulators and be able to analyse these requirements and their impact to the bank.
- Good time management, analytical and problem solving skills;
- Firm leadership capabilities of navigating, aspiring, driving, mobilising and sustaining, in line with HSBC values of open, connected and dependable.

**Opening up a world of opportunity.**

**Issued by HSBC Bank Malaysia Berhad