About the role
Job - VP Regulatory Reporting
Some careers open more doors than others.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the
possibilities. 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.
Business Descriptor:
Global Finance
Global Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing costs
and deploying capital in the most effective way. Our global team of finance professionals partner with
the business to provide trusted insights and forward looking analysis; accuracy; efficiency and control
to frame and influence business decisions
Principal Responsibilities
The VP regulatory reporting is a role within the regulatory reporting team of finance, which is
responsible for preparation and initial review of various regulatory returns to be submitted to RBI to
ensure compliance related to financial aspect.
The jobholder is expected to be aware of the RBI guidelines, regulations and various accounting
standards and the constant changes to them. Key responsibilities include:
• To ensure correct and timely preparation of all RBI returns (for some returns be the first
reviewer)
• Liaise with various stakeholders to ensure above
• Able to read, interpret and articulate regulatory circulars (RBI) and translate them into
reporting requirements
• Knowledge of: DSB 1 (ALE), DSB 4 (RAQ), Basel III Capital Adequacy, Leverage Ratio, PRA
RWA, Form A and RBS returns will be an added advantage
• Strong stakeholder management with Operations team, Risk, Finance and Compliance
• Support during RBI onsite inspection and other audit requirements
Principal Accountabilities: Key activities and decision making areas
Impact on the Business
• Preparing the returns to be submitted to RBI in line with RBI requirements/ guidelines
• To conduct a first level review on certain returns and prepare some returns, which would be
submitted to RBI
• Statutory closing / certification / Long Form Audit Report
• Meeting the deliverables on Automated Data Flow (ADF) project.
Customers / Stakeholders
• Reserve Bank of India (RBI), India’s Central Bank
• Business Group/ Functions
• Statutory / Concurrent / Internal Auditors
Leadership & Teamwork
In this role, the job holder has primarily to do a lot of teamwork within the regulatory team, CAO team,
finance team and outside finance with business/ functions to ensure compliance.
Operational Effectiveness & Control
• Maintain HSBC internal control standards, implement and observe Group Compliance Policy
and maintain awareness of operational risk and minimize the likelihood of it occurring
• Ensure proper filing and archival of records so that the same are available to the inspectors
and to the senior managers at the time of discussion
• Look for opportunities for cycle time reduction and simplification
Qualifications - External
Qualifications/Requirements:
• 4-7 years of work experience with international bank
• 4-7 years of post qualified experience as a Chartered Accountant (this can be subsituted with
more experience in relevant field, ie 6-10 years of experience)
• Good knowledge on RBI regulations
• Good knowledge on Indian Accounting Standards
• Good communication and presentation skills
• Strong analytical and excel skills
• Good interpersonal skills
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