Senior Business Analyst

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position. The Senior Business Analyst (SBA) supports the US Regulatory Reporting change delivery and system maintenance (including RWAs), providing end‑to‑end business analysis across change initiation, requirements definition, process and control design, testing support, implementation and benefits realization. The SBA will help deliver regulatory reporting change driven by Basel III reforms and ongoing regulatory developments issued by the Federal Reserve Board (FRB), Office of the Comptroller of the Currency (OCC) and Federal Deposit Insurance Corporation (FDIC) (the ‘US Agencies’). The role ensures impacts to calculations, processes, data sourcing, controls and regulatory deliverables/submissions are assessed, documented, governed and embedded sustainably. As part of the Regulatory Reporting Value Stream, the SBA partners with Finance, Technology and Operations to ensure solutions meet business needs, align to Group standards, and strengthen the integrity of regulatory reporting controls. Responsibilities Lead the elicitation, analysis and documentation of high‑quality business requirements, including functional and non‑functional requirements, data requirements, reporting requirements and control requirements. Produce and maintain key business analyst artefacts, including process maps, process design documentation, business rules and calculation logic documentation (where applicable), data lineage/sourcing documentation (as required), impact assessments and traceability matrices. Translate regulatory and policy requirements into clear, testable requirements and user stories where Agile is used. Partner with Technology to ensure requirements are understood, solution options are assessed and trade‑offs are clearly articulated for decision‑making. Support solution design by validating proposed changes against business intent, regulatory expectations and operational feasibility. Define and support testing approach and execution, including test scenario design and test case creation, support for SIT/UAT, defect triage and prioritization, and validation of outcomes against requirements. Support training, cutover planning and implementation activities to embed changes into BAU processes. Validate the integrity and quality of inputs and data sources used for regulatory reporting processes. Monitor progress of data quality issue remediation plans and ensure requirements address root causes. Strengthen the control environment by documenting business process controls and supporting syndication/approval with Risk Stewards, Risk Owners, Controls Office and Control Owners. Support internal and external audit and assurance reviews related to regulatory reporting change delivery. Build effective working relationships with stakeholders across Finance, Regulatory Reporting, Technology, Operations, Risk and Compliance. Prepare governance cadence materials (status, RAID, decisions) and track actions to ensure follow‑through. Provide clear, concise updates on scope, requirements, dependencies, risks and issues; escalations through the US Head of Regulatory Reporting Change Delivery as required. Deliver business analyst work in accordance with agreed change delivery methodology and Group Standards. Ensure changes maintain internal and external compliance, engaging Compliance and other control functions and obtaining appropriate approvals. Identify operational risks and control gaps introduced by change and capture mitigations in requirements and delivery plans. Operate as a senior individual contributor, facilitating workshops, discussions, and interacting with senior leaders to drive outcomes with minimal supervision. Handle complex business needs and compressed deliverable timelines driven by regulatory milestones. Seek ways to improve BA practices, documentation quality, and stakeholder experience. Maintain flexibility in working hours as required by delivery milestones and regulatory timelines. Qualifications Undergraduate degree in Computer Science, Business Administration, or equivalent relevant experience. Strong knowledge and experience in Basel capital requirements calculation and financial/regulatory reports. Strong understanding of the project lifecycle and methodologies, especially Agile. Strong analytical, interpersonal, presentation, written and verbal communication skills. Ability to manage multiple workstreams and deliverables independently with appropriate escalation. Strong facilitation skills and confidence engaging with senior stakeholders. Relevant change or project certification such as MBA, CA, CWA, CS, CPA, CFA. Experience in Basel Capital Requirements / RWA, especially derivatives (CCR). Experience in Treasury operations and/or Capital, Liquidity and Interest Rate Risk Management. Experience working cross‑border in a multinational organization. Financial product knowledge and data management and analysis experience. Benefits Competitive pay and benefits package. Robust Wellness Hub. Inclusive and welcoming work environment. Industry‑leading volunteerism policy and generous matching gift program. Comprehensive sustainability and climate change initiatives. Employee Resource Groups that support networking and development. Professional development opportunities tailored to employee needs. Equal Employment Opportunity All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law. #J-18808-Ljbffr