Head of GDS and MDS Audit Management

  • Location:

    Edinburgh

  • Sector:

    Banking, Financial Services

  • Job type:

    Permanent

  • Salary:

    Salary Negotiable

  • Contact:

    Hitesh Vagiyani

  • Contact email:

    hitesh.r.vagjiyani@hsbc.com

  • Job ref:

    0000F6HO_1614433195

  • Published:

    about 2 months ago

  • Expiry date:

    29/04/2021

  • Client:

    HSBC Careers

  • Hours per day:

    Flexible

  • Work preference:

    Flexible

  • Days per week:

    Flexible

Some careers have more impact than others.

If you're looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. 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.

 

HSBC's Global Banking & Markets business is one of the largest of its kind in the world. It combines sophisticated 24-hour global coverage with a detailed knowledge of local markets. Products & services are offered through a network of more than 60 countries worldwide. The trading and sales forces attend to customers that include the world's central banks, international and local corporations, institutional investors, financial institutions and other market participants.

Global Data Services is a shared service with the mission of providing timely, compliant and cost effective reference and market data services globally. Encompassing the provision of instrument/pricing data to the global customer base including GM, HSS, Private Bank and RBWM, as well as the management of vendor data spend. We currently operate from six global locations i.e. London, New York, Scotland, Bangalore, Colombo and Hong Kong with circa 323 staff (292 perm).

The Senior Audit Manager role is based within the GDS & MDS function and will provide independent, objective assurance to management and the risk and audit committees as to whether the framework of risk management, control, and governance processes, as designed and represented by management, is adequate and functioning.

 

The role of the Senior Audit Manager will lead and support in a Subject Matter Expert (SME) capacity audit reviews of the GDS and MDS operations ensuring full compliance to all audit requirements.

  • Lead the management of lifecycle of audits from scoping, logistic planning, resourcing, execution, reporting and issue validation;
  • Support audits and special projects that impacts GDS and MDS business in the SME capacity sharing your knowledge of all key GDS and MDS products, processes, risks and controls;
  • Review all front to back processes and risks in functions supporting MSS
  • Review Management closures of regulatory issues including opining on whether actions are sufficient to address risks;
  • Represent GDS and MDS in industry bodies and forums as appropriate
  • Validate the design and operating effectiveness of the key controls through inspection, inquiry, observation, sampling, re-performance and recalculation.
  • Review of risks and key controls through end-to-end process walkthroughs, events or thematic reviews, data-driven reviews or issue read across, and evidence reviews.
  • Represent GDS and MDS in industry bodies and forums as appropriate
  • Validate the design and operating effectiveness of the key controls through inspection, inquiry, observation, sampling, re-performance and recalculation.
  • Review of risks and key controls through end-to-end process walkthroughs, events or thematic reviews, data-driven reviews or issue read across, and evidence reviews.

 

To be successful in the role, you should meet the following requirements:

  1. Minimum of a bachelor's degree in business, accounting, finance, related field or equivalent experience;
  2. Expertise in GDS and MDS products as well as front to back processes and risks in functions supporting activities including Operations, Risks and Regulatory Compliance;
  3. Past working experience of at least 5 to 10 years in a relevant role;
  4. A self-starter who has the capacity to reach for higher bar and learn new business and risks;
  5. Have the capacity to understand and navigate a matrixed environment as well as work with Subject Matter Experts (SMEs) in other audit teams;
  6. Excellent at managing multiple competing priorities on different concurrent projects, and able to ensure delivery of objectives through analysis of options and coming to pragmatic decisions;
  7. Strong data analytical skills;
  8. Process flowcharting experience and solid knowledge of flowcharting tools preferred;
  9. Strong leadership and have the capacity to inspire team to be a high performing team;
  10. A solid team player, with a demonstrable desire to help the team as a whole achieve its objectives;
  11. Excellent written and spoken communication skills; an ability to communicate with impact, ensuring complex information is articulated in a meaningful way to wide and varied audiences;
  12. A track record of making complex business decisions with authority, even in times of ambiguity, considering the potential long term risks and implications;
  13. A comprehensive understanding of risk management and proven experience of ensuring own/others' compliance with relevant regulatory processes.
  14. Innovation focused towards new ways of doing things

 

You'll achieve more when you join HSBC.

www.hsbc.com.uk/careers

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hong Kong and Shanghai Banking Corporation Limited.