Job Advert Details
Financial Crime Compliance aligns current activities within Global Risk and helps to build these into an integrated framework to conduct Customer Due Diligence which enables HSBC to manage financial crime risk more effectively. It builds stronger controls to improve the way Financial Crime Compliance risks are managed in order to spot gaps as well as trends so that the team can take action. It proactively gathers and analyses financial intelligence in a smart way so that suspicious transactions, activities or connections can be identified and we can adequately protect our customers from the threat of financial crime.
People responsibility: N
Report to: SVP and Head of AML and Financial Crime, WPB.
Job Content:
The role of financial crime advisory is accountable for ensuring adequate controls are in place to manage financial crime risks. They provide subject matter expertise for the purpose of setting policy, providing guidance and advising IWPB; which might involve greater operational exposure to high risk activities in particular Bribery & Corruption, Money Laundering. and Tax Evasion. This ensures HSBC's compliance to both global and local laws, rules and regulations relating to FC risks.
This role will be responsible for:
1. Act as the trusted advisor and exercise risk steward challenge to IWPB in relation to FC risks, including ensuring compliance with all relevant external laws & regulations, internal codes and policies and good market practices
2. Drive the implementation of policy, Issue management, fostering a compliance culture and optimizing relations with IWPB
3. Focus on aligning IWPB operating practices with changes in FC FIM and ensure that the framework of FC risks for IWPB remain appropriate
4. Maintain and observe all HSBC control standards, and implement and observe the Group FC policies, including timely implementation of recommendations made by internal / external auditors and/or regulators
5. Resolve identified issues promptly and escalate concerns as appropriate to ensure timely awareness of any material concerns
6. Maintain awareness of operational risk within assigned portfolio and minimize the likelihood of it occurring, including its identification, assessment, mitigation and control, loss identification and reporting
7. Support decisions through advice, counsel or services in area of specialisation
Qualifications
1. Detailed knowledge of local and the HSBC Group structure, its business and personnel, and HSBC’s corporate culture
2. Seasoned professional with experience in Advisory roles (2-5 years) to cover AML, Tax Transparency, and AB&C
3. Have knowledge of a financial crime risk framework and experience in its execution, together with knowledge of IWPB business and products
4. Good communication skills to maintain and foster relationships with internal & external stakeholders
5. Capable of independent thinking and effective problem solving
Opening up a world of opportunity
※ Applicants passing resume screening will be notified for interview and next steps. There will be no further notification or message for applicants either not qualifying for or not being selected for the position applied