HSBC Group

Why join us?

TM operation is part of the first line of defense for HSBC. We mitigate and manage financial crime risk, and preventing any abuse of financial system for criminal purposes through RBWM, CMB and GBM accounts. Ensure the adherence to global standards, Bank’s operational risk procedures and country legal/regulatory procedures. We monitor customer’s usage of bank products and service to assure customer’s usage is adhering to banking procedures.

The Opportunity:

The primary role of the Transaction Monitoring Analyst is to rapidly disposition alerts via a preliminary review to filter alerts that can readily be negated (i.e. obviously show no signs of anomalous behavior) utilizing the internal system data sources to establish whether the anomalous behavior can be allayed at Level 1.

If not, the Analyst will escalate the alert to Level 2 as a case for detailed investigation utilizing all internal and external sources available, and continue working on the same investigation.

Once the Analyst has reached a conclusion, if the case is deemed to not represent unusual behavior, it will be closed.

If it is deemed anomalous, the case will be escalated with a summary of the findings to the IR Team

In addition to the above, the Analyst will act as the Subject Matter expert of the department and be the referral point for queries posed by Associates, management, trainees and other stakeholder interventions. Also, the Analyst will work in the capacity of a RFI filter and escalations filter depending on the business requirement of the department. Furthermore, the Analyst will be required to provide hands on support to new trainees coming out of class room training as well as provide coaching for under performers. Seeking procedural clarifications, ironing out grey areas, and communicating the updates to the team falls within the purview of the Analyst.

What you’ll do:

Impact on the Business/Function

• Pro-actively gather intelligence from media reports and appropriate websites to identify customers of HSBC, affiliates of HSBC, and customer’s customers involved in crime/ML/terrorism etc. Build on their knowledge of latest  Anti Money laundering trends
• Ensure that the process requirements are met, adhered to, completed in accordance with established procedures and standards set.
• Work well independently; complete assigned tasks in the established timeframe as per the process benchmarks and persistently seeks out and interprets information, evidence and gaps and uses their business and specialist knowledge to identify and highlight root causes
• Uses appropriate processes and analytical methods to scrutinize and objectively evaluate data and information in order to investigate and eliminate actual or potential risks or compliance breaches.
• Develops knowledge of business activities so as to better understand and clearly articulate the nature of compliance issues and the actual and potential risks associated with them in terms that are meaningful for the business.
• Acts as the first line of defense, identify underlying themes, possible systemic risks and potential links beyond their immediate area of focus and emerging risks.
• Leads the development of a compliance monitoring framework to ensure that it can anticipate and quickly respond to the changing regulatory environment while remaining cost effective and proportionate to the level of risk and considering the need for continuing commercial business operation.
• Drives the implementation, operation and delivery of Compliance assurance activities that provide proactive, timely monitoring on the current and emerging risk environment to enable HSBC to continues to operate in a compliant manner
• Actively seeks out, shares and encourages the adoption of best practice in Compliance  monitoring on a global level
• Champions the development of new tools, techniques and approaches to facilitate improved compliance governance, management and reporting.
• Ensure that the productivity and quality levels are achieved as per the standards sent for the process and all data requirements (timesheets and ad hoc process information) are accurately updated in a timely manner

Customers / Stakeholders

• Demonstrates comprehensive knowledge on conducting in depth investigations and ways to improve investigations and increase productivity.
• Issues / problems are effectively investigated and resolved or are appropriately referred with recommendations.
• Timely referral to the respective Relationship Manager’s / Business.
• Partners for queries is made appropriately and provides accurate and valid referrals to the respective Business Partners / L3.

What you will need to succeed in the role:

• Able to assimilate a large amount of information and make effective.
• Flexibility in adopting changes in corporate and departmental objectives.
• Exhibits a willingness to provide input to achieve organizational objectives.

What additional skills will be good to have?

• Ability to speak and understand English fluently (High Voice) and to write business letters and reports (High Written).
• Strong decision making and analytical skills and flexibility to work shifts.
• Ability to understand and interpret numeric data and to multi Task.
• Recognizes the need to escalate to management. and promotes Good Practises.
• Knows how and when to report suspicious activity on an end to end basis and collaborates with others to identify and act on simple process improvements.
• Understands the need for Customer Due Diligence differentiation of higher risk customers, i.e. PEP If working in a KYC/processing role understands how to use the internet to optimize investigations.
• Is able to make judgment calls on risk rating, is able to interpret and apply policy Recognizes the criticality of their contribution to the holistic process and able to skilfully relate to those requirements and simply explain.

You’ll achieve more at HSBC

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.” 

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.

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