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Manager, Global Regulatory Policy - New York New York
Company: HSBC Location: New York, New York
Posted On: 05/18/2024
Job 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. Global Regulatory Policy & Advisory ('GRPA') is responsible for establishing HSBC's Group level, and certain regional level, prudential regulatory capital policies, and for advising business lines on the impact of these policies on transactions and new products. GRPA acts as a Second Line of Defence and provides technical regulatory capital support and guidance to functions and businesses on a full range of transactions and prudential regulatory capital issues, including the establishment of interpretations and governance processes to mitigate regulatory risk. GRPA also monitors new rule developments and other ongoing changes to the prudential regulatory capital landscape. GRPA covers key aspects of prudential policy, including risk weighted assets (RWAs), capital resources, Liquidity ratios, and leverage ratios, across all relevant risk areas e.g. credit risk, counterparty credit risk, market risk, securitization, and Credit Valuation Adjustment ('CVA'). GRPA currently maintains a presence in key locations across HSBC, including the UK, Hong Kong, the US, France / EU, Mexico, and India / Middle East. This position provides an opportunity to join the US GRPA team as a technical subject matter expert with a focus on providing policy guidance across all risk types under both the existing capital rules, and within the US Agencies' proposed adoption of the 'Basel III Endgame'. The role will lead on the analysis and interpretation of the new and existing rules in the US, with coverage spanning on a range of technical areas and financial products. The role will be based in New York City, however qualified candidates based outside of the New York City area may be considered. As our Manager Global Regulatory Policy you will: |
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