Job description

Role purpose

The  LAM/MX Manager Compliance Fraud Risk is a Second line of defense (LOD) function, responsible for reviewing and challenging the activities of the Group’s businesses (also referred to as “the First LOD”) to ensure that they effectively manage as “Risk Owners” the Regulatory and Financial Crime Compliance risks inherent in or arising from the conduct of their activities and for which they are responsible. The Second LOD consists of 'Risk Stewards' who are independent of the commercial risk-taking activities undertaken by the First LOD. LAM/MX Manager Compliance Fraud Risk is a Risk Steward for a number of Fraud non-financial risks in accordance with HSBC Group’s risk framework. 

The LAM/MX Manager Compliance Fraud Risk supports the LAM Compliance Fraud Head, who is the senior accountable executive responsible for ensuring that HSBC’s operations in LAM/MX are effective in identifying, managing and mitigating Financial Crime Fraud risks and ensure timely advice is provided to the business.     

Main activities

  • Responsible for Training and communications definition and delivery within the region. Support Internal Fraud Risk and Insider Threat Mandatory Training.
  • Lead engagement with Global Business (GB)/ Global Functions (GF) stakeholders in the region to ensure adequate staff risk controls are in place and operating effectively.
  • Oversight of metrics related to Internal Fraud Risk and Insider Threat. Lead Engagement with GB/GB to develop new and high quality MI data flows related to Internal Fraud Risk, Insider Threat and Vetting.
  • Engages with GB/GF to research, identify and assess existing Staff Risk controls and areas of vulnerability, and to propose new regional and Group controls
  • Engagement with local Legal, Compliance teams and Regulators to ensure that Internal Fraud risk controls are compliant with local regulations and laws
  • Assist regional stakeholders in the interpretation of Internal Fraud Risk policies and procedures and how best to embed them into their operational structure.
  • Overseeing implementation of Financial Crime (FC) policy related to Internal Fraud Risk in the region.
  • Ensure issues and risks are escalated promptly and appropriately.
  • Advise and challenge the relevant GFs and GBs in relation to manage of risk and controls related to Internal Fraud Risk.
  • Keeping abreast of industry and regulatory developments globally with regards to Internal Fraud Risk
  • Fraud Risk Oversight – Maintain regional oversight of the implementation of FC policy related to Fraud Risk, challenge stakeholders who are not achieving minimum requirements.
  • Insider threat Guidance – provide subject matter advice, policy and control guidance and counsel to regional stakeholders on Staff Risk
  •  Vetting authorizations and approvals - The Global Head of Employee Vetting delegates approval of vetting related issues where there is no direct policy or appetite implications to the appropriate regional vetting leads. These delegated approvals consist of approving Do Not Hire cases for GCB 4-8 candidates in their region. Global Head of Employee Vetting must approve any Do Not Hire decisions for all GCB 0-3 candidates.
Requirements

Knowledge

  • Good understanding of HSBC Group structures, processes and objectives
  • Good knowledge of the external environment – regulatory, political, competitors etc.
  • Clear and good understanding of Employee Vetting and the elements involved
  • A good understanding of the Global Businesses/Functions 

 Experience

  • Proven experience of supporting stakeholders and of driving forward change
  • Good analytical capability
  • Good investigative or financial crime related experience

 Capabilities

  • Strong relationship management, collaboration and influencing skills
  • Strong interpersonal and communication skills with a proven ability to communicate effectively and confidently at all levels
  • Ability to make critical decisions and prioritize work
  • Strong organizational, time management and planning skills
  • An innovative approach to problem solving

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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