HSBC Group

Role purpose

The Financial Crime (FC) function is a Second line of defence (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 financial crime 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. The FC function is a Risk Steward for a number of non-financial risks in accordance with HSBC Group’s risk framework.  

The LAM/MX Head of FC for International Wealth and Premier Banking (IWPB) is the senior accountable executive responsible for ensuring that IWPB’s operations in Latin America are effective in identifying, managing and mitigating financial crime risks and ensure timely advice is provided to the business.      

Main activities

• Act as the FC Risk Steward for IWPB in Latin America (LAM).
• Support IWPB to maintain an effective FC control framework and to ensure compliance with all relevant external laws & regulations, internal codes and policies and good market practices.
• Provide advisory services to IWPB in order to ensure clear understanding of FC risk exposure with respect to clients, transactions and products.
• Be responsible for second line governance of financial crime risks exposures, providing analysis, reporting and governance to LAM that is independent of the first line of defense, thereby maintaining an objective assessment of risk exposure.
• Assist the senior management of LAM, the leadership of Risk and Compliance function, and other colleagues on all material compliance related matters. 
• Represent the Risk and Compliance agenda up to the highest levels of LAM and when applicable Group governance, including being an attendee (as required) at the different FC-related LAM fora to report on progress and issues in relation to the operational effectiveness of HSBC’s policies, processes, systems and controls in countering financial crime risks.
• Lead the FC for IWPB team in LAM, establishing guiding principles and strategic operational objectives, owning budgeting and managing costs, headcount and resources to ensure that the teams are fit for purpose and that the delivery of its critical services to the region and Group is both effective and cost-efficient.

• Significant experience as a senior FC manager within a global firm, in the financial services industry. 
• Detailed and extensive knowledge of the HSBC Group structure, its business and personnel, and HSBC’s corporate culture.
• Significant leadership experience and an experienced strategic thinker.
• Excellent communication and inter-personal skills, with experience of dealing with executives at all levels.
• Ability to develop practical, cost effective solutions to complex global issues.
• A legal or formal accountancy qualification or professional background in a relevant risk or audit discipline.
• Fluent in both English and Spanish 

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.