Senior Legal and Regulatory Expert

The opportunity :
Senior Legal and Regulatory Expert - Fixed Term Contract 10 months

Being part of HSBC in Switzerland, you’ll help evolve and grow our business.

We are currently seeking a senior Legal and Regulatory Compliance professional on a fixed contract to join our Risk & Regulatory Compliance Team in order to support important development and enhancement projects of the Bank.

Are you interested? Do you have extensive knowledge of Legal & Regulatory Compliance themes and topics that need to be addressed and operationalized to operate in compliance with Swiss and international financial markets laws and regulations?

If you answered yes to any of these questions, we want to hear from you!

• Assist the Country Head of Regulatory Affairs & PBRS Head of Regulatory Compliance in carrying out the mandate of the Regulatory Compliance function with your senior legal and compliance expertise in regard to regulatory implementation of specific projects, including Client classification and cross-border set-up enhancements, establishment of collaboration frameworks in the HSBC Group, implementation of CRDVI and Berne agreement, review of discretionary, advisory and execution only operating framework
• In the above context, conduct regulatory advisory activity with a focus on proper functioning of financial markets, product compliance, and conduct outcomes; provide stewardship to the First Line of Defence on Regulatory Compliance risks, local and foreign legal and regulatory requirements & developments with regards to the ongoing and prospective business activities, transformation initiatives or other projects
• Contribute significantly to the visibility of the Regulatory Compliance function by regular interactions with key stakeholders, other departments and functions, active engagement and participation through various forums, and by contributing to training, broadcasts and other communication initiatives on important Regulatory Compliance topics

• Engage and undertake advisory, oversight & regulatory developments related activities in particular / possibly in relation to
• Cross Border and licensing regulatory requirements in regard to activity of clients
• Support definition of relevant internal control framework and controls in relation to activities developed by the Bank
• Support timely implementation of remediation to Compliance Assurance, Internal and External Auditor & FINMA feedbacks and findings;
  Review of HSBC and local Group Policies / Procedures / Governance
• Oversee and advise on the implementation of regulatory developments by the First Line of Defence, in the above areas
• Ensure the Staff are adequately informed and advised on all regulatory compliance risks and their Conduct duties towards Clients, related regulatory developments, PBRS’s and HSBC Group’s internal rules
• Ensure that the First Line of Defence performs a proper review and establishes adequate controls over the regulatory compliance risks
• Escalate for PBRS Management’s awareness all material Regulatory Compliance issues and/or significant breaches on a timely basis
• Contribute with appropriate input to regular PBRS Regulatory Compliance reporting and management information and support First Line of Defence’s reporting, as required
• Assist Country Head of Regulatory Affairs & PBRS Head of Regulatory Compliance and/or PBRS Chief Compliance Officer with other tasks, as required
• Ensure that PBRS Regulatory Compliance team is kept up to date, as required
• Dynamic contribution in any local and/or HSBC Group led project implementation, business initiative, mitigating measures, governance process or other initiatives, as required by Country Head of Regulatory Affairs & PBRS Head of Regulatory Compliance

• Bachelor/Master Degree in law / university degree
• Long lasting activity linked to the Swiss Financial market and excellent knowledge of Swiss laws and regulations, FINMA Circulars, regulatory matters and initiatives affecting the industry, typically applicable foreign law aspects, etc.
• Solid and proven practical operational experience gained in the legal & compliance financial/private banking…