Job description

At HSBC, the health and well-being of our employees remains of utmost importance. Many of our roles are permitted to work from home (in states in which HSBC is licensed to operate) until further notice. Upon resumption of normal operations, this role may be performed at our New York, New York office.

Serve as a Compliance Officer for Businesses in Markets with focus on Fixed Income, Currencies and Commodities as well as Sales cross asset, providing regulatory compliance expertise and guidance in an advisory capacity to senior management in support of strategic initiatives and management of compliance risk. This individual generally works under the direction of the SVP LCO US Head of FICC & Sales Compliance, but is expected to act with a great deal of autonomy.

About Us

HSBC is one of the largest banking and financial services organizations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfill their hopes and realize their ambitions.

You will be responsible for:

• Providing compliance advice and risk stewardship to businesses to ensure that appropriate compliance programs, policies, procedures, and other controls are in place and operating effectively and satisfy supervisory obligations and regulatory expectations.

• Reviewing regulatory feedback and customer responses to ensure that compliance issues raised in feedback are appropriately responded to and necessary corrective actions are initiated.

• Coordinating regulatory matters, including examinations, inquiries and investigations and liaise with the relevant Internal Audit, and control functions (e.g., Finance, Credit, HR, Corporate Secretary’s Office, Tax and Security), in relation to compliance matters including the provision of technical support and guidance.

• General areas of responsibility include advisory on regulatory matters, monitoring of business activities from a compliance perspective, training and education, drafting and revising policies and procedures, working on exams and inquiries and risk stewarding the business led assessments. The LCO may also be assigned to serve as regulatory coordinators for specific regulations.

• Work closely with the Markets Conduct Program within Markets RC and regional and country stakeholders to deploy Regulatory mapping and risk assessments and follow on implementation activities for the regional hub.

For this role, HSBC targets a fixed pay range between $92,300 and $162,600.

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle

Requirements

Employment eligibility to work with HSBC in the U.S. is required as the company will not pursue visa sponsorship for these positions.

• Strong background in compliance within a financial services environment and able to understand, interpret and apply complex regulatory requirements to business practices.

• Minimum 5 years proven audit, compliance, surveillance, financial services operations and/or regulatory experience, or equivalent with experience in Credit or Fixed Income preferred.

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

HSBC is one of the world’s largest banking and financial services organizations. Our global businesses serve around 39 million customers worldwide through a network that covers 62 countries and territories. Our customers range from individual savers and investors to some of the world’s biggest companies, governments and international organizations. We aim to connect them to opportunities and help them to achieve their ambitions.