Margaret Mc Caig
About Margaret Mc Caig
Margaret McCaig serves as the Interim Global Head Compliance Assurance Professional Practices at HSBC, a position she has held since 2020. With extensive experience in compliance and audit roles across various organizations, she is also a board member at Skills Development Scotland and actively champions diversity and inclusion initiatives.
Work at HSBC
Margaret Mc Caig has held multiple significant roles at HSBC since 2015. She currently serves as the Interim Global Head Compliance Assurance Professional Practices, a position she has held since 2020. Prior to this role, she was the Global Head of Regulatory Compliance Monitoring & Testing, Governance & Standards for four years. Additionally, she is the Head of Integration, Planning & Development, Compliance Assurance, a role she has occupied since 2019. In her current capacity, she supports over 500 individuals across seven regions and chairs the Operational Oversight Committee, reflecting her extensive leadership responsibilities within the organization.
Education and Expertise
Margaret Mc Caig has a robust educational background in compliance and business management. She studied at Napier University, where she earned a Bachelor's degree with Distinction in Business Information Management from 1998 to 2001. She also completed her HNC in Business Management at Stevenson College. Margaret holds several professional qualifications, including the CIA, MIIA, and PIIA from the Chartered Institute of Internal Auditors. Additionally, she has obtained the ICA Certificate in Compliance and the ICA International Diploma in Governance, Risk & Compliance. Currently, she is pursuing the ICA Advanced AML Diploma, underscoring her commitment to continuous professional development.
Background
Margaret Mc Caig has a diverse professional background in compliance and auditing. She began her career as an Auditor at the Forestry Commission from 2001 to 2006, followed by a role as Senior Auditor at HBOS from 2006 to 2008. She then served as Audit Manager at HBOS for one year before moving to Lloyds Banking Group, where she held various positions, including Head of Audit Specialist Finance and Senior Manager Commercial. Her extensive experience in the financial sector spans over a decade, with a focus on compliance, risk management, and governance.
Achievements
Throughout her career, Margaret Mc Caig has demonstrated a commitment to leadership and professional development. She has served as a Board Member at Skills Development Scotland since 2018 and is a Non-Executive Director for the National Skills Body in Scotland, contributing to national skills development initiatives. Margaret is also recognized as an active champion for diversity and inclusion within the workplace. She engages in mentoring both internal and external colleagues, reflecting her dedication to fostering professional growth in others.