Job Advert Details
Some careers open more doors than others.

If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

Global Functions (GFs) play a vital role in supporting the bank’s Global Businesses and offer a broad range of career opportunities in areas from legal, risk and finance to human resources, sustainability, marketing and communications. Their operational and functional teams around the world help HSBC’s Global Businesses to operate efficiently and effectively on a day-to-day basis. They also focus on controls and governance to reduce risk and protect the Group’s reputation.

 
We are currently seeking a high calibre professional to join our team as an VP Sanctions, FCC.

Principal Accountabilities:

Impact on the Business / Function
  • Review and accurate advice for all world online filtering system payments 
  • Identify, assess, oversee and communicate all requirements relating to legal guidance and sanctions evasion trends in relation to risks presented through HSBC’s business activities across the Vietnam.
  • Support and facilitate a coordination and implementation of an effective Sanctions controls framework within the Vietnam
  • Ensure that the Vietnam exposure to regulatory and reputational risks is managed, in a commercially sensitive, practical and cost effective manner.
  • Discharge the relevant accountabilities as set out in the Group FCC standards framework. 
  • Manage and lead the required remedial action of all material sanctions issues involving the Vietnam that arise to ensure effective implementation through internal and external reviews. 
  • Implement into the Sanctions Compliance framework, the relevant requirements and commitments of the Bank with respect to the agreements entered into by the Bank with the US Authorities in December 2012. 
  • Develop and deliver training on Sanction risks for all business products, services across the Vietnam. 
  • Drive, develop and implement programmes to quantify impacts and implement actions to address, manage and mitigate impacts of sanctions risk embedded in client activity. 
  • Advise and track on advances in screening technology, working with software delivery to maximise the effectiveness of HSBCs screening utilities. 
  • Liase with local Legal tem to identify the need for and prepare licencing request. 
  • Implement and drive global standards within the Vietnam and policies which ensure Sanctions exposure to current risks and emerging arising risk is managed appropriately, in a commercially focused and practical manner 
  • Implement, as required, Group sanctions policies and systems within Vietnam that ensure that business exposure to financial crime and reputational risks is managed, in a practical and effective manner, including efficient and reasonable deployment of resources and an understanding of the business operations and needs. 

Customers / Stakeholders
  • Lead / liaison with relevant stakeholder (GB/GF) in Vietnam to provide expertise and support on all Financial Crime Sanctions related
  • matters
  • Ensure that Country Head of FC and regional Sanctions Team is appropriately advised of material Sanctions issues in Vietnam.
  • Work effectively with principal Vietnam and local regulators andindustry bodies on Sanctions matters.

Leadership & Teamwork
  • Maintain and develop positive and professional working relationships with senior business managers at country level
  • Participate in any Group’s project of developing, setting and delivering the Group Sanctions overall strategy by providing country input.

Operational Effectiveness & Control
  • Be creative/innovative in implementing policies
  • Provide Vietnam solutions to complex Sanctions issues/initiatives in an ever changing, high-risk environment.
  • Oversee and monitor the implementation of Sanctions controls.
  • Ensure all GSM, FIMs, BIMs and dispensations, etc. are updated for changes in Country Regulation and impacts on business.
  • 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.
  • Maintain and observe all HSBC control standards and implement, cascade and observe the Group Compliance Policy, including the timely implementation of recommendations made by internal/external auditors and external regulators

Qualifications

Knowledge & Experience / Qualifications

  • Seasoned professional with experience in one or more senior risk compliance roles, ideally to include Sanctions experience.
  • Extensive knowledge of Sanctions regulations and guidance.
  • Ability to multi-task
  • Ability to work under pressure with tasks that are high stakes (e.g. decisioning on sanctions alerts)
  • Extensive knowledge of the HSBC Group structure, its business and personnel, and a deep understanding of HSBC’s corporate culture.
  • Significant experience in the financial services industry.
  • Lateral thinker with an ability to interpret and solve complex issues.
  • Well-developed leadership skills.
  • Excellent communicator with strong inter-personal and influencing skills.
  • Experience developing an assurance model and developing/leading a review team.
  • Experience in leading assurance work in a complementary discipline e.g. Audit would be an advantage.
  • Ability to lead change, contributing to joining up with the other teams in Risk and Business globally
  • Experience of dealing with regulatory matters and confident interaction with Regulators.
  • Ability to develop practical, cost effective solutions to complex global issues
  • Fluent English and Vietnamese

You’ll achieve more when you join HSBC.
 
http://www.hsbc.com/careers 

HSBC is 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. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hongkong and Shanghai Banking Corporation Limited

Back to search results