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Specialised Financial Reporting Expert

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HSBC

1mo ago

  • Job
    Full-time
    Senior Level
  • Accounting & Tax
    Banking & Finance
  • Hyderabad, +1

AI generated summary

  • You should be a qualified CA/ICWA/MBA/CFA with 8+ years' experience, expertise in IFRS, financial analysis, strong MS Office skills, and knowledge of regulatory reporting and automation technologies.
  • You will ensure consistent reporting, manage regulatory outputs, support integrated reporting design, handle audits, perform assurance checks, interpret regulations, and participate in UAT for changes.

Requirements

  • A qualified professional (preferably CA or ICWA or MBA or CFA) with overall post qualification experience of 8+ years.
  • Sound knowledge of the Financial/Banking Services industry, products and systems.
  • Sound understanding of IFRS, experience in analysis of financial statements, IFRS and audit/compliance.
  • Flexibility, tenacity and the ability to maintain enthusiasm on long running or complex process re-design initiatives.
  • Very strong MS Office skills. (ability to use macros, arrays and other advanced excel formulas.
  • Strong interpersonal and communication skills, both written and oral.
  • Ability to work under pressure, report under tight deadlines and deal effectively with issues as they arise.
  • Prior experience in Regulatory Reporting, Liquidity or Financial Reporting function will be an advantage.
  • Preferably having knowledge and experience in Basel III/CRDIV and PRA regulatory rules; AOP & Stress Testing reporting.
  • Knowledge of Python, R, Xceptor or any upcoming technology used within Finance for automation would be preferred.

Responsibilities

  • Ensuring consistency among various reporting deliverables in integrated reporting including but not limited to financial statement, capital adequacy & liquidity coverage.
  • Manage Delivery of high quality regulatory outputs including regulatory returns, disclosures and internal MI
  • Support the production of existing and designing new integrated reporting information requirements and disclosures (ensuring best practice and compliance with listing requirements and regulatory standards).
  • Proficiency in handling the audit & review queries from internal audit, external audit & regulators supervisory controls (S166).
  • Ensuring that all assurance checks are performed ahead of finalization of numbers and preparation of assurance packs for sign off meetings including variance analysis and review of controls checklist.
  • To be well versed with regulatory interpretation & definition prescribed in various regulation including ECB guidelines, PRA regulation, Applied policies & accounting standards.
  • In-depth knowledge of at least two verticals in either of Financial reporting / Regulatory Reporting / Liquidity reporting.
  • Work with Finance Change delivery, Global Regulatory policy and Remediation programs on upcoming Regulatory changes, business requirements and system enhancements to ensure the solutions delivered are fit for purpose and meets the desired objectives.
  • Active participation in User Acceptance Testing (UAT) for every change/release to drive consistency and efficiency and also highlighting the issues and taking it for remediation

FAQs

What is the primary role of a Specialised Financial Reporting Expert at HSBC?

The primary role involves ensuring consistency among various reporting deliverables, managing high-quality regulatory outputs, and supporting the production of integrated reporting information and disclosures.

What qualifications are required for the Specialised Financial Reporting Expert position?

A qualified professional (preferably CA, ICWA, MBA, or CFA) with overall post qualification experience of 8+ years is required.

Is prior experience in Regulatory Reporting necessary for this role?

Yes, prior experience in Regulatory Reporting, Liquidity, or Financial Reporting function will be an advantage.

What technical skills are important for this role?

Strong MS Office skills, particularly in advanced Excel functionalities, and knowledge of programming languages or automation technologies like Python, R, or Xceptor are preferred.

What kind of work environment can I expect at HSBC?

HSBC fosters a culture where employees are valued, promotes continuous professional development, and offers flexible working opportunities within an inclusive and diverse environment.

Will I be involved in compliance and audit processes?

Yes, you will need to handle audit and review queries from internal and external auditors, ensuring compliance with regulatory standards.

Are there opportunities for career growth within this role?

Yes, HSBC encourages professional development and offers opportunities to grow within the organization.

Is knowledge of IFRS required for this position?

Yes, a sound understanding of IFRS and experience in the analysis of financial statements is required.

What are some of the principal responsibilities of this role?

Key responsibilities include managing regulatory outputs, ensuring compliance, performing assurance checks, and participating in User Acceptance Testing (UAT) for system changes.

Does HSBC value diversity in its workplace?

Yes, HSBC is committed to building a diverse culture where all employees are respected and valued.

Finance
Industry
10,001+
Employees
1880
Founded Year

Mission & Purpose

Opening up a world of opportunity for our customers, investors, ourselves and the planet. We're a financial services organisation that serves more than 40 million customers, ranging from individual savers and investors to some of the world’s biggest companies and governments. Our network covers 63 countries and territories, and we’re here to use our unique expertise, capabilities, breadth and perspectives to open up a world of opportunity for our customers. HSBC is listed on the London, Hong Kong, New York, Paris and Bermuda stock exchanges.

Culture & Values

  • We value difference

    Seeking out different perspectives

  • We succeed together

    Collaborating across boundaries

  • We take responsibility

    Holding ourselves accountable and taking the long view

  • We get it done

    Moving at pace and making things happen