Regulatory Reporting Remediation Specialist

18 hours ago


Kraków, Lesser Poland, Czech Republic HSBC Technology Poland Full time
Job Description

In this role, you will be responsible for improving the quality and accuracy of regulatory returns while ensuring full compliance with regulatory requirements.

We are seeking a detail-oriented Regulatory Reporting Remediation Specialist to join our team. The ideal candidate will have a deep understanding of regulatory requirements, reporting production processes, risk assessment, and remediation techniques to identify and address data and process control gaps.

Key Responsibilities:
  • Analyse and review the processes for preparing regulatory returns to ensure adherence to regulatory requirements.
  • Investigate reporting errors, identify root causes, and lead remediation efforts to prevent recurrence.
  • Map and analyse reporting processes to identify inefficiencies and control gaps and recommend improvements.
  • Design and implement control uplifts to reduce the risk in the Regulatory reporting process, working closely with BAU teams.
  • Collaborate with Data teams to enable them to document data lineage for Regulatory reporting processes.
Requirements:

To succeed in this role, you need to have knowledge of key regulatory frameworks and requirements, experience with data lineage, traceability, and process remediation.

You should also have ability to identify, assess, and remediate reporting errors and process inefficiencies, risk assessment skills with the ability to propose control enhancements, and understanding of the role of Regulators and of the purpose and context of Regulatory Reporting.

Finance and Regulatory audit background is desirable. You should also be able to solve complex problems, take initiative to spot improvements, and be highly collaborative.



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