Senior Manager, ESG Reporting, Verification and Assurance Lead,GSC’s – HSBC India

 Closing date 12-Jan-2023

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Job description

Why join us?

Global Finance aspires to be the best finance function in the financial services industry, delivering powerful insights to our customers, within the bank and externally.

We work as a seamless team to support HSBC’s businesses to deliver our strategy.  We champion innovation and continuous improvement as we strive to give our customers a consistently better experience.

The Opportunity: Senior Manager, ESG (Environment, Social, Governance) Reporting

Area of interest  Finance
Job type Permanent – Full Time
Work style  Hybrid Working
Opening date  13-Dec-2022

• The Senior Manager, ESG Reporting, Verification and Assurance lead will work with senior business, functions and finance stakeholders to ensure that Group external ESG disclosures are fair, balanced, understandable, and meet disclosure requirements.
• This role is a unique opportunity to work in an area of growing interest to regulators, investors, and the wider external market. Disclosure rules and regulation for ESG topics are evolving globally. There is a need to understand new and changing disclosure requirements, and how these can be best met through Group’s external reporting.
• As the ESG disclosures have grown in prominence, there has been an increased need for robust assurance and oversight of disclosed ESG materials.
• The Senior Manager, ESG Reporting, is responsible for the design, execution and documentation of Group’s approach to Verification and Assurance to support ESG disclosure and related controls to ensure consistent, reliable and accurate reporting of non-financial data. This includes but is not limited to:
• Leading on improving the ESG Verification and Assurance framework, embedding the controls environment and working with 2LOD assurance functions across the bank to develop a BAU process and further reduce the risk of external ESG disclosures
• Manage operational aspects of executing on the V&A framework at Interim and Year end as well as on ad-hoc basis for various important disclosures (eg. Shareaction return, CDP, ESG Rating agencies returns)
• Involvement in supporting the wider HSBC climate strategy
• Support/consult/engage with key stakeholders in Group.
• Support the delivery of the new requirements that are evolving

What you’ll do: (List out Key Responsibilities):

Principal Accountabilities: Key activities and decision making areas

Play a lead role in:

• coordinating the production of external Group’s ESG disclosures;
• and driving continuous improvement by suggesting ideas and supporting delivery of optimisation and improvement of ESG processes.

Typical Targets and Measures

• Delivery of Group’s ESG disclosures
• High quality evolving disclosures;
• Positive feedback from key stakeholders.

Customers / Stakeholders

• Build trusted relationships with contributors in the business and function areas to facilitate robust, balanced and informed reporting;
• Work closely with Group Regulatory Policy to understand and interpret ESG disclosure requirements;
• Build effective relationships with other relevant reporting cycle stakeholders as needed (e.g. Strategy,
• Sustainability, Risk, Investor Relations);
• Assist in resolving senior management queries (e.g. Group CFO, Group Financial and Regulatory Reporting, Head of Investor Relations), rating agency, investor or client questions where material for the Group.
• Act as the single point of contact coordinating external auditor assurance reviews over ESG disclosures;
• Participate in local and regional industry forums, as appropriate on ESG disclosures;
• Support ESG Senior Manager, GCB3 with reporting to the Group Audit and Risk Committees on ESG disclosure matters and other governance forums

Typical Targets and Measures

• Strong and trusting relationships with key contacts to ensure smooth information flow and timely issue resolution;
• Timely and satisfactory resolution of senior management queries;
• Positive feedback from stakeholders.

Operational Effectiveness & Control

• Maintain awareness of industry and regulatory developments that might impact the Group ESG disclosures and make recommendations on how HSBC can best meet changing disclosure requirements.
• Lead the project and operational management of all ESG reporting deliverables and processes, including maintenance of process and assurance documentation.
• Maintain and drive strong controls around data integrity and accuracy for all ESG reporting.

Typical Targets and Measures

• Timely completion of project deliverables;
• Positive key stakeholder feedback.
• Leadership & Teamwork

Work collaboratively with teams across the businesses and functions to drive action and deliver high quality reporting. As ESG topics for disclosure continue to evolve, so too will disclosure needs.

Typical Targets and Measures

Timely completion of projects and tasks with minimum oversight;

Positive feedback from External Reporting team members and the wider stakeholder community.

Role Context:

The Senior Manager, ESG Reporting, role sits in the Group Financial and Regulatory Reporting function, itself part of Core Finance, a global team responsible for leading internal and external financial reporting, controls oversight, forecasting, stress testing and other key finance functions.

Management of Risk (Operational Risk / FIM requirements)

Assess the operational risks associated with the role, taking account of changing market conditions, legal and regulatory requirements, operating procedures and practices, changes in the bank’s management structure and the impact of new technology.

Ensure that:

All decisions and actions take account of the likely operational risk implications;

Areas of concern are addressed promptly in conjunction with line management and/or the appropriate department.

Observation of Internal Controls (Compliance Policy / FIM requirements)

Maintain HSBC’s internal control standards, including timely implementation of internal and external audit issues and any issues raised by external regulators.

Understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which you are involved, specifically Internal Controls and any Compliance policy including the Group Compliance policy.

Role Dimensions

Group-wide role responsible for:

Plan and coordinate the execution of the Verification and Assurance framework at Interim and Year-end as well as ad-hoc for of all Group ESG related disclosures via the Annual Report & Accounts and ESG Datapack

Liaise with 2LOD assurance team to embed the V&A to form part of the BAU process to reduce ESG risk, agree scope of work and execute during year-end to ensure any raised issues are mitigated before the disclose is made

Assist in other ad-hoc activity as they come up in a evolving ESG space to support ESG Senior Manager, GCB3
Requirements

What you will need to succeed in the role:

Experience

• Minimum 7 years’ experience within Finance at a major institution, ideally with experience of managing new reporting requirements.
• Commercial outlook – able to connect numbers, performance drivers and ‘real world’ events
• Highly-motivated, diligent, collaborative, personable and capable of working independently and exercising judgment.
• Project management skills, including creating lean processes and governance structures.
• Strong people and communication skills – able to develop and articulate a viewpoint when working with a broad range of stakeholders.
• Able to prioritise tasks, resolve problems and respond effectively to emerging issues.
• Able effectively to work effectively within a complex, global organisation.

Qualifications

Quantitative degree, ideally with professional education in Finance (Qualified Accountant).

Skills

Strong skills in Excel, Word, PowerPoint.Fluent English (written and spoken).

You’ll achieve more at HSBC

HSBC is an equal opportunity employer 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. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.”

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