INMX Cost Manager at HSBC Securities Services Luxembourg

Ciudad de México, , Mexico -

Full Time

Start Date

Immediate

Expiry Date

13 Feb, 26

Salary

0.0

Posted On

15 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Planning & Analysis, Data Integrity, Expense Management, Analytical Skills, Interpersonal Skills, Stakeholder Management, Microsoft Excel, Database Management, Forecasting, Reporting, Problem Solving, Communication Skills, Planning, Collaboration, Automation Tools, Quantitative Reasoning

Industry

Financial Services

Description

Role purpose: Global Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our global team of Finance professionals’ partner with the business to provide trusted insights and forward-looking analysis, accuracy, efficiency, and control to frame and influence business decisions. In the Financial Planning and Analysis (FP&A) function we provide accurate, relevant, and forward-looking management information (MI), help stakeholders understand tactical and strategic options, make tangible recommendations, and provide analysis to influence and support business decisions. Business partnering is a crucial element. The role holder should be able to provide Insurance Heads and CFO insightful business performance analytics and executive reports on a timely and accurate way, identifying and highlighting key drivers/KPIs of performance, risks, and opportunities to support strategic decisions. Interpersonal skills, writing communication and Senior stakeholder management needed to execute this role successfully. The role will be focuses 100% on expenses management. Main Responsibilities: Analyze expenses performance and provide insightful commentaries for local and global reports. Independently manage the reporting deliverables ensuring completeness and accuracy of Financial and Non-Financial KPI's. Partner very closely with offshore teams and Global Business Finance teams. And onshore Insurance and IWPB teams to ensure data is submitted on time, is complete and accurate. Planning and Forecasting - Support the Planning process by developing FRP models to support Target setting. Forecasts model development for predictive impacts on expenses in a gross basis and net basis with a full understanding on IFRS17 basis. Lead and drive jointly with Actuarial team the Annual Expense Study by product and activity. Ensure that Analytical models are efficient so they can be quickly updated to provide timely support for business key stakeholders. Track instances of incomplete and inaccurate data to follow up and solve issues detected. Ensure Data integrity. PnL management – Understand each key expense drivers . Continuously review expenses performance and projections with business finance partners to identify risk and opportunities supporting decision making that is aligned to the business strategy and commitments. Contribute to key stakeholders and senior managers with ideas and analysis for a better decision-making process and FRP (annual operating plan) achievement. Promote the implementation of the key business and financial strategic initiatives providing insightful advice. Soft Skills: Highly developed Prioritization, organization, time management and coordination skills required. Self-driven, self-motivated, proactive, decision-making, and problem solving. Excellent verbal and written communication skills. To be able to understand what is expected and deliver the results in an understandable complete, but summarized manner. Advanced English. Proactive and curious. Interpersonal skills and Senior stakeholder management. Highly resilient and a change agent. Work under pressure and tight deadlines, delivering results on time and with high quality outcomes. Flexible to work in accordance with Business and Finance requirements – might consider sometimes work outside of normal hours. Responsible, accountable, and highly committed. Foster a collaborative work among colleagues and share best practices and knowledge. Support other team members. Strong skills in quantitative and qualitative reasoning Functional Knowledge Background in Business Finance / Financial Planning & Analysis, Economics or related areas The role requires a comprehensive understanding of several value units / products / regions / legal entities, alongside an advanced understanding of the industry and the relative positioning of the HSBC's products and services. Retail Product Knowledge. Advanced Microsoft Excel and Microsoft Office applications. Database management. Understand the MI data process and resolve any instances of data integrity issues. Highly analytical skills: keep focus on detail while not missing the overall picture and key objectives. Study trends and interpret financial and non-financial information. Understanding of accounting reporting rules: US-GAAP and IFRS desirable. Automation tools like Python, VBA or SQL is desirable. 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.

Responsibilities

The role involves analyzing expense performance and providing insightful commentaries for reports. It requires managing reporting deliverables and partnering closely with various teams to ensure data accuracy and integrity.