Senior Manager, MENAT Regulatory Compliance - IWPB, HSBC

HSBC

Location:
United Arab Emirates, UAE

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

Save Job

Job offer has expired

Job Description:

The Regulatory Compliance function is a Second line of defence (LOD) function that includes ”Risk Stewards” who are independent of the commercial risk-taking activities undertaken by the Group’s businesses (also referred to as “the First LOD”). These Risk Stewards are responsible for reviewing and challenging the activities of the the First LOD to ensure that, as “Risk Owners”, they effectively manage the regulatory compliance risks inherent in, or arising from, the conduct of their activities and for which they are responsible. The Regulatory Compliance function operates in accordance with HSBC Group’s Risk Management Framework (RMF).

Job Responsibility:

Provide advisory services to iWPB in order to ensure clear understanding of Regulatory compliance risk exposure with respect to clients, transactions and products. Assist senior management decision making and meeting their strategic objectives
Strengthen iWPB’s knowledge of risk and compliance management by incorporating risk and compliance considerations in all activities undertaken to protect and enable the business’ activities through a robust risk management understanding
Support iWPB Compliance Advisory teams in MENAT in discharging their responsibilities
Discharge their responsibilities in a manner consistent with the Group's management structure and operating model, governance, and Risk Management Framework
Promote fair conduct standards to ensure HSBC delivers fair outcomes for customers, remuneration structures incentivise/reward appropriate conduct/behaviours and does not disrupt the orderly and transparent operation of financial markets
Fosters a strong risk and control and compliance culture
Champion a culture that prioritises the fair treatment of all customers, including particular attention to those who are vulnerable or have changing needs, whilst also ensuring that governance, processes and systems support staff to meet the needs of all customers
Promote a ‘speak-up’ culture
Work collaboratively as part of a team of Compliance Advisory professionals
and with senior executives within iWPB
Contribute to a diverse and inclusive work environment that engenders teams and colleagues to succeed and meet career aspirations
Implement the Group’s performance management and reward strategies, promoting sustainable business growth and allocating rewards that align to responsible risk and compliance management
Ensure all policies, procedures, principles, and dispensations, etc. are updated for changes in Regulation and impacts on iWPB
Resolve any/all identified issues promptly and escalates concerns to management as appropriate to ensure timely awareness of any material concerns
Maintain and observe all HSBC control standards and implement and observe the Group Compliance Policy, including the timely implementation of recommendations made by internal/external auditors and external regulators
Maintain awareness of operational risk within assigned portfolio and minimise the likelihood of it occurring including its identification, assessment, mitigation and control, loss identification and reporting
Remains up to date on latest industry developments (e.g. technology, regulatory)
enable teams to incorporate improvements to drive towards operational excellence
Broad and deep understanding of iWPB business, including a deep understanding of wealth and investment products. Understands regulatory rules and laws, industry issues, business operations and priorities
Identifies major changes in regional / country-specific regulatory / statutory norms and ensure these are implemented
Understands impact of macroeconomic trends, continuously adapting RCs’ support and activities based on risk, business needs and Group’s strategy

Requirements:

A bachelor’s degree is required to secure a work permit in the UAE
Extensive experience working in a Lead Compliance role, with a focus on International wealth and private banking
Strong experience and knowledge of wealth and investment products and the associated regulatory and conduct risk management is required
Leadership experience, Management responsibilities for a sizeable team of professionals (including responsibility for budget, and planning)
Covers a wide range of activities that require evaluative judgements based on the analysis of factual and qualitative information in complicated perhaps novel situations
Latitude to make decisions outside of established procedures but within a policy framework. Broad guidelines are available. Role implements strategy set by others
The role requires the ability to negotiate and influence within their team with a high level of influence
Implements business plans through own team and is accountable for results

Additional Information:

Job Posted:
August 11, 2025

Expiration:
August 18, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

View All Jobs In This Company

Job Link Share:

Senior Manager, MENAT Regulatory Compliance - IWPB

HSBC

Location:United Arab Emirates, UAE

Category:Finance

Contract Type:Not provided