Logo of Huzzle

Treasury Risk Governance and Control Officer

image

HSBC

3d ago

  • Job
    Full-time
    Senior Level
  • Government & Politics
    Banking & Finance

AI generated summary

  • You should have 8+ years in regulatory governance or risk roles, knowledge of Volcker regulation, strong analytical skills, and experience in Treasury within a bank. A degree and relevant qualifications are essential.
  • You will drive Volcker compliance governance, update policies, provide regulatory advice, conduct desk reviews, manage forums, assist in risk mitigation, support audits, and ensure adherence to regulations.

Requirements

  • Good understanding of Volcker regulation
  • Liaise with the different stakeholder to meet various Volcker related deadlines in terms of documentation, attestations, etc.
  • Prior experience in running global governance forums related to various regulatory related items will be highly preferred.
  • Minimum 8+ years' experience in regulatory related governance or risk/control roles within a Treasury organisation and/or Markets business.
  • Understanding of Markets business and products.
  • Familiarity with the Treasury function within a global organisation, preferably in the context of a bank
  • Strong analytical and project management skills to enhance procedures and controls.
  • Strong written and verbal communication skills, able to negotiate and work effectively with senior business leaders across business lines and geographies.
  • Strong problem solving and prioritization experience, able to perform multitask under pressure with a keen eye for detail.
  • Degree holder with a professional qualification including background knowledge of regulation, internal control and risk management in Markets.

Responsibilities

  • Drive the regulatory governance & control agenda.
  • Draft and update policies and procedures related to Volcker Rule compliance.
  • Provide Volcker Rule specific regulatory advice to treasury business lines and support desks globally.
  • Deep Dive Reviews - support and promote the regional execution of desk/control reviews, thematic reviews and other remediation/assurance work related to Volcker as required.
  • Governance Forums - Organise, run and Participate in multiple Volcker related governance and control forums as required.
  • Escalation Point - Act as an additional point of escalation for stake holders with respect to internal control issues for the region/site.
  • Support the Implementation of Policies & Processes to mitigate the business' top risks related to Volcker regulation globally covering all desks across regions.
  • Support Treasury SMEs in ensuring that documentation, evidencing, and 2LOD assurance responses are provided, safeguarding SME time.
  • Audit: Act as a key contact point for Audit.
  • Responsible for understanding various requirements of Volcker 2.0 Quarterly Submissions and adhering to those requirements.

FAQs

What is the primary role of the Treasury Risk Governance and Control Officer?

The primary role is to drive the regulatory governance and control agenda, with a focus on Volcker Rule compliance and support for treasury business lines globally.

How many years of experience are required for this position?

A minimum of 8+ years of experience in regulatory-related governance or risk/control roles within a Treasury organization and/or Markets business is required.

What qualifications are needed for this job?

A degree holder with a professional qualification, along with background knowledge of regulation, internal control, and risk management in Markets, is needed.

What qualities are essential for success in this role?

Strong analytical and project management skills, excellent written and verbal communication skills, problem-solving abilities, and attention to detail are essential for success.

Is prior experience in running governance forums preferred?

Yes, prior experience in running global governance forums related to regulatory items is highly preferred.

What is the focus area of the role regarding regulatory compliance?

The focus area is primarily on ensuring compliance with the Volcker Rule and supporting the implementation of policies and processes to mitigate related risks.

Will the Treasury Risk Governance and Control Officer need to liaise with external stakeholders?

Yes, the Officer will need to liaise with different stakeholders to meet various Volcker-related deadlines in terms of documentation and attestations.

Is this position open to candidates from diverse backgrounds?

Yes, HSBC is an equal opportunity employer and encourages applications from all suitably qualified persons, regardless of gender, ethnicity, sexual orientation, and more.

What type of skills are necessary for effective communication in this role?

Strong written and verbal communication skills, along with the ability to negotiate and work effectively with senior business leaders across various lines and geographies, are necessary.

Will the Treasury Risk Governance and Control Officer have contact with auditors?

Yes, the Officer will act as a key contact point for Audit, ensuring proper communication and compliance with audit requirements.

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