Head of RC Assurance - UK

The base location for this role can be Birmingham / UK Wide - Hybrid working.

The Head of Regulatory Compliance (RC) Assurance UK provides strategic leadership of second line assurance over all RC risk types, including Licence to Operate, Customer/Market Outcomes, and Unauthorised Trading. The role ensures that assurance activity across UK is risk based, consistent and effective in evaluating the design and operating effectiveness of systems and controls to mitigate RC risk, giving senior management and regulators confidence in the strength of the RC framework.

This position is crucial for ensuring that robust assurance processes are in place across UK and executed effectively to assess the effectiveness of the Bank's RC control environment independently. The role demands strategic oversight of global frameworks / standards and local regulatory expectations with a focus on evaluating how effectively the organisation prevents, detects, and mitigates RC risk across all businesses and jurisdictions, sharing lesson learned and read across as required.

The role requires deep understanding of evolving regulatory expectations and emerging RC risks and typologies, alongside the ability to collaborate seamlessly with RC Risk Stewards, first line control owners and assurance teams to uphold the highest standards of compliance and risk management.

As the Head of RC Assurance UK, you will play a critical role in supporting the development and execution of assurance strategies that align with the organization's overarching risk management framework. Working closely with the Head of Regulatory Compliance Assurance, you will oversee the delivery of independent, risk-based assurance across RC UK, fostering a culture of accountability, continuous improvement, and proactive risk management.

You will lead a dedicated team of professionals, providing targeted assurance of RC risks across UK, considering whether they are effectively identified, assessed, and managed and that assurance outcomes provide meaningful insights to senior management and regulators.

Accountabilities for Business, Customers and Stakeholders

• Support development and uphold the global second line RC assurance framework, methodologies and operating model.
• Oversee Risk Steward-led RC UK assurance activity, ensuring consistency, quality and independence of approach.
• Work closely with senior leaders in RC, 2LOD Assurance, first line of defence (GCCOO Control Oversight Office) and third line of defence (Internal Audit) to ensure alignment, avoid duplication and strengthen the overall three lines of defence model.
• Build and sustain a high-performing team that demonstrates consistent, independent and risk-based assurance across RC UK
• Ensure regulatory requirements fully considered within the RC assurance scope and approach.
• Apply deep expertise in risk assessment and/or assurance methodologies to strengthen the Bank's overall three lines of defence model and meet evolving regulatory expectations.

Leadership & Teamwork

• Support the Head of RC Assurance in delivering the Regulatory Compliance Assurance strategy.
• Lead a team of senior assurance professionals, across all RC risks (including regulatory and Conduct expectations) in UK, setting strategic direction and ensuring high quality delivery of the assurance agenda.
• Foster strong collaboration across R&C, promoting consistency and knowledge sharing across risk types.
• Role model HSBC values and conduct, driving an inclusive, diverse and high-performance culture.
• Influence and build trust with senior executives and stakeholders across regions and functions, ensuring effective buy in to assurance priorities.
• Demonstrate experience in leading and managing high-performing teams, with a focus on fostering a culture of accountability and continuous improvement.
• Ability to mentor and develop team members, ensuring they are equipped with the necessary skills and knowledge to excel in their roles.

Functional Knowledge and Experience

• Extensive knowledge of UK RC, systems and controls, and regulatory expectations across RC risk types.
• Deep understanding of HSBC's risk management frameworks, its application to RC risks, as well as assurance/risk assessment methodologies.
• Deep understanding of UK RC regulations, standards and control frameworks.
• Experience in leading or overseeing RC assurance, audit or regulatory testing functions within a complex, global financial institution is an added benefit.
• Experience in managing regulatory audits and inspections, with a proven track record of maintaining compliance and addressing regulatory changes proactively preferred.
• Proficiency in identifying, assessing, and mitigating risks across various business units, ensuring that risk exposure is minimized and managed effectively.
• Ability to develop and implement risk assessment tools and techniques that provide accurate and timely insights into the organization's risk profile.
• Ability to translate complex risk and control issues into meaningful insights for senior executives and regulators.
• Skilled in balancing independent challenge with constructive engagement to drive improvements in the control environment.
• Strong strategic thinking skills with the ability to anticipate and address emerging risks and challenges.
• Innovative problem-solving abilities, with a focus on developing practical solutions that enhance the organization's risk management capabilities.
• Must demonstrate a proactive, curious and investigative mindset, with ability to be dynamic, risk based, and make effective judgements, with an understanding of the effectiveness agenda.

You'll achieve more when you join HSBC.

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:

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