Senior Assessor Calculation Compliance
- Chennai, Tamil Nadu
- Permanent
- Full-time
- Responsible for reviewing adherence of complex calculation logic with the regulatory rules and HSBC Policy determinations. Engage with policy SMEs as required.
- Provide direction to the Analyst to support the review of calculation documentation readiness.
- Define test data scenarios and expected test results for Analysts to prepare detailed test scripts.
- Detailed review of test results to determine whether the NMC is compliant with the regulatory rules and HSBC Policy determinations.
- Identify findings where the regulatory rules and HSBC Policy determinations are not being met.
- Documentation of formal Assessment Reports, highlighting the key findings with ownership assigned for remediation that is tracked at appropriate governance forums.
- Manage activities within the pod to enable effective and timely assessment and the mitigation of risk including delivery to plan and raising progress blockers on a timely basis.
- Manage team of Assessors and provide direction to support the formal Calculation Compliance Assessments.
- Lead the training and upskilling of new hires to the team.
- Provide written reports and verbal summaries or explanations of work undertaken to relevant stakeholders.
- Work closely with multiple change teams and business functions, such as Regulatory Reporting or Group Policy.
- Contribute to the ongoing refinement of the business-as-usual operating model, proactively working towards enhancing existing artefacts, procedures, assessments and methods of stakeholder engagement.
- Demonstrable understanding of one or more regulatory rule areas and the application of those rules in NMCs.
- Working knowledge of HSBC businesses and products and the regulatory reporting environment.
- Strong verbal and written communication skills and the ability to convey subject matter expertise in a specific area to a wide audience including senior stakeholders.
- Ability to clearly articulate findings where the regulatory rules and HSBC policy determinations are not being met which requires explanation of complex technical issues.
- Team leadership and people development skills.
- The role holder should be able to quickly understand the end-to-end process and implications of the NMC for assessment, in the context of regulatory requirements for the calculation.
- Prior experience in providing direction and support to team members on reporting deliverables.
- Be able to thrive in a dynamic, expanding team to deliver on concurrent deliverables and share knowledge.
- Experience in an Audit, Controls or Regulatory Reporting function within a large financial services organisation.