Job Description

Job descriptionSome careers grow faster than others.If you\xe2\x80\x99re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. 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.Global FinanceGlobal Finance aims to provide HSBC with a professional, effective and responsive finance service that operates at optimal cost and employs a common and transparent global model.We are now inviting qualified individuals to join this team in the role of Finance Manager - IFRS 9 ECL.Role Purpose:This position reports functionally to the Financial Controller of HSBC Bank Malaysia Berhad. The role holder is expected to deliver IFRS 9 ECL compliance within Finance by ensuring effectiveness and efficiency of the processes developed for IFRS 9 ECL. The job holder will be required to:

• Ensure the completeness, accuracy and quality of reporting data and systems
• Engage with risk colleagues in the review and challenge of impairment related matters
• Cooperate with various sub-functions within finance to deliver compliant reporting on a timely basis
• Deliver quality impact assessments as required under the IFRS 9 ECL Implementation Framework
• Provide complete, accurate and timely information as required by regulators and auditors
• Simplify and automate IFRS 9 ECL related processes to optimize operational efficiency
• Investigate IFRS 9 ECL issues, if any, by engaging with relevant departments within the Group (local, regional and global)

Principal Responsibilities:Impact on the BusinessTo continuously facilitate compliant IFRS 9 reporting in a timely manner. This includes:

• Bridging data gaps between risk and finance
• Reviewing and challenging impairment results
• Facilitating reporting consistency between group and local reporting, as well as with MI at entity level
• Ensuring effective assessment of items identified under the implementation framework
• Organizing the country impairment forum on a regular basis, including preparation of presentation materials.

Customers / Stakeholders

• To work closely with Finance teams (Malaysia & Asia Pacific) to provide MY Finance SME support for execution. This role requires SME in subjects such as IFRS9 ECL, Capital & RWA, local regulatory reporting.
• To support finance teams with complex user queries relating to IFRS 9 ECL and bridging the understanding between risk and finance as required.

Leadership & Teamwork

• This role will require the jobholder to work with central bank staff, regional finance and/or IT teams, Change delivery and the different Finance functions as well as external to Finance.
• Value different perspectives, creating an inclusive environment, valuing and leveraging diversity, being sensitive to other cultures
• Adopting a collaborative approach to working with other teams and organisations, both on and off-shore.
• Working well with staff from other functions.
• Promote an environment of inclusion, diversity, collaboration and trust within the Group
• Promote the value of challenging the status quo, seeking to improve ways of working and having a forward-thinking mind-set, in line with the Group\xe2\x80\x99s Values and Strategy

Operational Effectiveness & Control

• Maintain HSBC internal control standards, implement and observe Group Compliance Policy and maintain awareness of operational risk.
• Ensuring the delivery of documentation and output to a high professional standard.
• Ensuring suitable control mechanisms are utilised and introduced whenever appropriate into both system and process design.
• Ensure compliance with all relevant internal instructions (FIMs, GSMs, circulars) and external regulatory requirements, including the management of operational risk and adherence to the Group\xe2\x80\x99s standards of ethical behaviour.
• Ensure data quality issues identified during the requirements gathering, analysis and design stages are formally assessed and managed to ensure Finance end state vision and associated benefits are realized.

Requirements

• Degree in B. University (BA) or (BS)
• The jobholder must have technical knowledge of finance, preferably a member of a professional accounting body and/ or with an accounting degree with relevant experience in finance related work.
• Subject matter expertise in financial reporting. Understands and anticipates strategic implications from financial accounting. A high level of professional competence which helps to determine solutions around financial accounting procedures, controls, risk management and quality assurance.
• Knowledge of IFRS 9 reporting is key. Basel knowledge is a plus.
• Ability to form effective relationships and achieve influence at the most senior level in the organisation. Able to influence without authority.
• Communication and interpersonal skills, including the capacity to articulate the case for risk management in the language of business.
• A couple of years work experience in Finance related functions in a FTP site (or an equivalent knowledge of Group GRCA, regulatory & management reporting and FIN controls) is added value
• Knowledge over FTP and ICE is added value. Knowledge of other Banking and FIN systems such as TREATS, HMI, and GLEAM would be an advantage.

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation needed will be prioritised.Opening up a world of opportunity.HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.Issued by HSBC Bank Malaysia Berhad

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