Head of Regulatory Reporting Transaction Testing

At HSBC, we are looking for a highly experienced and committed Head of Regulatory Reporting Transaction Testing to join our dynamic team. The successful candidate will be responsible for leading a team to ensure the quality of regulatory reporting transactions is maintained throughout our global network.The ideal candidate will have extensive banking industry experience, knowledge of the banking regulations and a track record of leading successful projects. Additionally, excellent communication and interpersonal skills are essential for this role, as well as the ability to work collaboratively with colleagues across the organisation. The successful candidate will be a self-starter with a proactive attitude and the ability to think strategically.If you are interested in this exciting and challenging opportunity, we look forward to hearing from you.

Responsibilities:

1. Lead a team of subject matter experts in ensuring the accuracy and quality of all regulatory reporting transactions.
2. Develop and implement systems and processes to monitor the accuracy of all regulatory reporting transactions.
3. Monitor and analyze changes in banking regulations and assess their impact on the organization's regulatory reporting transactions.
4. Establish and maintain relationships with internal and external stakeholders, including regulators, auditors, and other departments within the organization.
5. Work closely with the Risk Management team to ensure all regulatory requirements are met.
6. Develop and implement training programs to ensure compliance with banking regulations.
7. Proactively identify opportunities for improvement and suggest ways to enhance the organization’s regulatory reporting processes and procedures.
8. Provide guidance and support to the team and ensure deadlines are met.
9. Prepare regular reports and perform analysis to ensure the organization is meeting its regulatory compliance requirements.
10. Monitor the overall performance of the team and set performance goals.

According to JobzMall, the average salary range for a Head of Regulatory Reporting Transaction Testing in New York, NY, USA is between $120,000 and $150,000. This salary range may vary depending on experience, education, and the size of the company.

HSBC Holdings Plc operates as a holding company for the HSBC Group. It provides banking and financial services through four global businesses, including Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets and Global Private Banking. The company's operating segments are organized into six geographical regions, including Europe, Hong Kong, Rest of Asia Pacific, Middle East and North Africa, North America and Latin America.