Description

Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.

The Swap Dealer Compliance Officer will have responsibility for advising business and support functions on swap dealer and security-based swap dealer regulations. The Swap Dealer Compliance team is part of the MSS Compliance Team which is responsible for the bank’s compliance program for Commodity Futures Trading Commission swap, U.S. Securities and Exchange Commission security-based swap, and FCM business activities. This individual generally works under Director of Swap Dealer Compliance, but is expected to act with a great deal of autonomy.

As our Vice President Swap Dealer Compliance you will:

• Interact with and advise business and functional areas across multiple regions on Futures Commission Merchant, Swap Dealer and Security-Based Swap Dealer requirements, including in the areas of trade reporting, business conduct, risk management program, and general registrant obligations

• Provide global risk stewardship across a suite of ongoing and upcoming Commodity Futures Trading Commission and U.S. Securities and Exchange Commission regulatory changes

• Assist with the development of required annual compliance reports, and related supporting documentation

• Track, prepare, and review responses to regulatory exam requests and inquiries, as well as other exam related matters

• Support the discharge of Chief Compliance Officer regulatory duties (includes day-to-day activities of our issues management program and coordinating with key stakeholders across the bank on swap dealer related projects, initiatives, and regulatory changes)

• General areas of responsibility include advisory on regulatory matters, monitoring of business activities from a compliance perspective, training and education, drafting and revising policies and procedures, and risk stewarding the business led assessments

For this role, HSBC targets a pay range between $175,000.00 and $225,000.00.

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.

Qualifications

You´ll likely have the following qualifications to succeed in this role:

• Ability to work in a fast-paced environment and handle multiple deliverables while balancing short- and long-term deadlines

• Knowledge of derivatives trading business structure and processes, including an understanding of cross-functional interdependencies. Familiarity with FX products is beneficial

• Strong interpersonal, organizational, communications, analytical and project management skills

• Ability to work independently and problem solve with minimal direction while also working in a collective team environment

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.

Job Field: Risk and Compliance

Primary Location: North America-United States-New York-New York

Req ID: 0000K2DX