HSBC Group

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Assistant Vice President, FC Investigative Reporting - INVESTIGATIVE REPORTING ASP

Principal responsibilities

Impact on the Business

• To manage a team of investigation specialists to identify and investigate financial crime risks to the Group.
• To support strategies and initiatives among reporting teams in support of FCI objectives and ensure for the effective execution of investigations within FCI.
• To support execution of the regional investigative procedures or approved country variances, which are designed to ensure the operational effectiveness of the investigative capability.
• To ensure effective information sharing across FCI and with other parts of the organization.
• To ensure investigative findings are effectively communicated to other parts of the organization for follow-on mitigation action, and results recorded.
• To escalate significant financial crime threats and management issues to senior leadership so appropriate action can be undertaken in response.
• To undertake production and issue Management Information (MI) to senior leadership.
• Proactively identify key emerging financial crime threats within the jobholder’s functional area and interface with other global functional areas.
• Actively participate in the cultivation of an environment that supports diversity and reflects the HSBC brand, thereby delivering high employee engagement and motivation.
• Provide the subject matter expertise necessary to inform the work of other parts of Compliance, including but not limited to innovations in analytics, identification of typologies, policies and procedures, the engagement strategy, training.

Customers / Stakeholders

• Maintains relationships with key internal stakeholders across Global functions, lines of business, regions, and countries.
• Helps foster external relationships with key public sector partners and peers.
• Contributes to the Group’s participation in initiatives with public sector and peers to share information on financial crime threats.
• Manages the sharing of information and creation of feedback loops across the Group to continuously adapt and improve our financial crime controls and support the business in their first line responsibilities.
• Works within the capability necessary to manage the Investigation response to high priority financial crime risks requiring a coordinated response across FCI functions, lines of business or markets.

Operational Effectiveness & Control

• Contribute to the framework, policies, procedures, and controls for the effective identification and mitigation of the specific financial crime threats the firm faces.
• Adhere to the FCI -related elements of the Financial Crime Risk Policy.

Typical Targets and Measures

• Adheres to the Group Strategy for Financial Crime Investigations
• Oversees timely completion of high-quality investigations.
• Oversees timely production of high-quality MI.
• Enables the team to maintain a holistic oversight of the response to financial crime threats across lines of business and countries in region.
• FCI Investigation plans in place across the function
• Agree schedule of reviews for evidence of FIM adherence
• A process for the early reporting/escalation of FCI -Investigation related issues and risks is in place.
• Is responsible for creating the culture and environment to establish and to enable a high performing team to thrive.

Leadership & Teamwork 

• The jobholder will oversee a team of individuals who may be required to undertake multiple investigations into diverse aspects of HSBCs products, services, and procedures. The jobholder must use their own judgement to prioritise a heavy and often complex workload, ensuring active and timely progression of all assigned matters across the team.
• Processes and procedures within HSBC are constantly changing with the introduction of new systems and products. The jobholder will need to be flexible in approach. Different styles of investigation and reporting will be required, dependent on the nature and location of the incident. The jobholder must understand how varied systems and procedures operate, facilitating the identification of relevant issues, and use the acquired knowledge proactively to progress investigations.
• The jobholder will form part of a team based geographically within the Centre of Excellence, supporting investigations in different markets. The jobholder will need to build the social and contextual knowledge necessary to appraise potential financial crime risks in the markets whose cases they support. The jobholder, together with the market based senior managers, will be responsible for driving initiatives to ensure the team act as one, regardless of geographic location.
• The jobholder needs to be self-confident, and able to handle new situations. The jobholder must exercise a variety of people management, communication and inter-personal skills when progressing investigations, particularly in building relationships with peers and supervisors in other locations.
• Continually review and assess the efficiency of their team, ensuring there is sufficient resource, training, and appropriate systems access
• Monitor and assess performance and the level of resourcing, costs and spend of the Major Investigations team.
• Ensure the team receives sufficient training to deliver high quality, timely financial crime investigations. Identify training needs for senior management attention.
• Contribute to communication across regional FCI and the business to all key stakeholders in relation to Investigation matters.

Functional Knowledge 

Experience and Skills

• Experience working within a regulatory, investigative, or financial intelligence agency, or as a compliance manager within a global firm, in the financial services industry.
• A degree of experience in mitigating the harms associated with the threat of financial crime at a strategic level.
• An understanding of the current regulatory environment and expectations, relevant regulations, codes, and HSBC Group Standards, as well as their underlying purpose to mitigate risk to the financial system and provide information useful for the public sector to provide law enforcement and security.
• Excellent verbal and written English skills.
• Ability to work to tight deadlines & prioritize workload.
• A degree of leadership experience and a strategic thinker.
• Good analytical skills.
• Experience of sanctions screening, policy or investigations is desirable.
• An enquiring mind with a good eye for detail.
• Experience in leading a Team (minimum 3 years).
• Proficient knowledge of PC based system
• Existing Financial Crime experience (essential) 

Desirable:

• Experience of working in an investigative role
• Experience and understanding of the HSBC Group, its culture, policies, and procedures.
• Experience of working in Compliance or Risk functions, or other relevant teams within 1LoD or 2LoD
• Graduation (Any stream)

Others

Role Context

• The jobholder must conduct and manage financial crime risk investigations in accordance with Group policies and procedures. The jobholder will be required to collect, assess, and understand evidence from a variety of source, and to provide strategic guidance on the conduct of investigations within the team. This can involve dealing with significant issues for which there is no clear-cut solution whilst still being able to provide judgment and clear direction.

Management of Risk

• The jobholder will ensure the fair treatment of our customers is at the heart of everything we do, both personally and as an organisation.
• The jobholder will also continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.

Observation of Internal Controls

• Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.
• Jobholder is an ‘insider’ for dealing purposes and subject to strict controls and confidentiality.

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritised. 

You’ll achieve more when you join HSBC.

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.