Regulatory Compliance EMEA Head of GFX

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.

Our Risk and Compliance function has a critical role to play in supporting, challenging and advising across all areas of the business through establishing policy, monitoring profiles, and identifying and managing forward-looking risk and compliance. We focus on creating an environment that encourages our people to speak up and do the right thing, as well as protecting our customers, the organisation and the integrity of the financial markets in which we operate. Already an industry-leader in many respects, we want to continue setting standards and evolving to respond to strategic changes.

As part of the Global Markets & Securities Services Compliance (MSSC) team, you’ll be providing Compliance leadership and oversight of the GFX business, a major franchise within MSS and leading industry presence, across the region and connecting with business and Compliance colleagues across the globe. The successful candidate will be advising the Businesses on compliance matters and providing support and advice with a particular focus on application of rules, laws, regulation and policies and HSBC Group standards, as well as challenging them on their control framework and risk management. This is an integral lead role that will manage an advisory team focusing on multiple product lines, building on the existing strong relationship with GFX Business heads.

As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

In this role you will:

• Provide Compliance leadership and oversight of the GFX businesses across the region to ensure that business is conducted in accordance with all applicable laws, rules, regulations and codes of practice.
• Provide Regulatory Compliance advice to support all areas of the GFX business, in particular but not limited to industry standards (FMSB Principles, FX and Precious Metals Global Codes, EMTA, IOSCO) and regulations that are relevant for MSS such as MIFID, MAR, DFA.
• Manage a team of Regulatory Compliance Officers providing guidance, support and challenge to key stakeholders.
• Foster and maintain strong working relationships with GFX Non-Financial Risk team and Chief Operating Office, Sales & Trading staff and senior management
• Leading the review and challenge of the GFX business control framework and represent and key governance forums.
• Lead independent oversight and challenge, ensuring the business objectives are aligned to regulatory requirements.
• Partner with Entity, Regional and Group Compliance where required to deliver on mandated initiatives, particularly coordinating with regional Compliance counterparts to share information and best practice.
• Attend relevant GFX/MSS meetings as Regulatory Compliance representative, present and contribute as necessary

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

• Extensive compliance advisory experience in GFX products and product lines including, FX Cash, FX Options, Emerging Markets Rates, Electronic Trading, Commodities, Listed and OTC derivatives).

• Knowledge of key UK, European and US financial services regulation including, MAR, MIFID II, EMIR, Dodd-Frank and the FCA Handbook. Deep understanding of non-financial risk and conduct oversight
• Strong communication skills to clearly articulate issues and ideas and provide timely escalation

• Good interpersonal skills to build strong relationship with key stakeholders
• Strong analytical skills with an ability to understand complex workflows paired with meticulous attention to detail.
• Prior experience managing and successfully leading a high performing team.

The base location for this role is London on a hybrid working basis.

Opening up a world of opportunity

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.

We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.

If you’d like to apply for one of our roles and need adjustments made, please get in touch with our Recruitment Helpdesk:

Email: [email protected]
Telephone: +44 207 832 8500