HSBC Group

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Financial Crime Compliance aligns current activities within Global Risk and helps to build these into a more 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. 

We are currently seeking an experienced individual to join our Risk and Compliance function in the role of Head of Financial Crime Investigations Singapore.

Role Purpose

• Financial Crime focuses on the specific financial crime threats the firm faces now and in the future, pioneering the techniques and technology that protect our business, our customers, and the many communities in which we operate from the harms associated with financial crime.  FC harnesses intelligence, analytics, technology, investigation, information sharing, and public-private partnership to achieve this end, always seeking the most effective and efficient means.
• FC to build the case for a more efficient and effective regulatory approach by defining a potential new regulatory landscape based on practical, tested innovation and serving as a thought leader in the ongoing public debate on the future of regulatory compliance.

In this role as the Head of Investigations, the jobholder:

• Operates within the firm’s investigative programs across regions, and countries related to fraud, anti-money laundering, countering the financing of terrorism, sanctions, anti-bribery and corruption.  
• Ensures the quality and consistency of the investigations and the adequacy of the resourcing across the investigative program.
• Undertakes Investigations within a programmatic capability across regions, and countries to conduct, proactive, intelligence-driven investigations, bringing together and drawing upon resources in other investigative functions where the nature of the investigation spans multiple geographies or financial crime types. 
• Communicates information on the most significant and sensitive investigations and related mitigating actions to Regional and Group senior management to support and facilitate a strategic appraisal of the relevant risks.
• Able to develop strategic capability to mitigate future threats in response to these significant investigations.
• Identifies and escalates the most significant and sensitive investigations to ensure appropriate prioritization, resourcing, and investigative strategy.  
• Communicates to all key stakeholders the ongoing status of such investigations and the related mitigating actions. 
• Operates within a systemic capability to refer investigative findings and recommendations to other parts of the firm for follow-on action to mitigate the identified financial crime risk, track the response, and ensure appropriate governance.
• Personally provides the subject matter expertise necessary to inform the work of other parts of FC, including but not limited to innovations in analytics, identification of typologies, policies and procedures, the engagement strategy, training, and a potentially more effective and efficient regulatory landscape.
• Supports the Global and Regional Head of Investigations in communicating the most significant and sensitive investigations and related mitigating actions to senior management to support and facilitate a strategic appraisal of the relevant risks.
• Interacts effectively with Regional law enforcement, security and regulatory agencies, and financial intelligence units, in furtherance of public-private partnership, information sharing, and training initiatives, as well as on specific investigations of significance. Fosters good relationships with all of the Group’s counterparts in law enforcement, security and regulatory agencies, and financial intelligence units, across the entire region where HSBC operates.
• Establishes seamless, trusting and mutually supportive relationships with the other components of FC and GIIG.

Principal Accountabilities: 

Impact on the Business

• Works with Investigation specialists across  the region and countries to identify and investigate financial crime threats to the firm.
• To support strategies and initiatives among reporting teams in support of FC objectives and ensure for the effective execution of Investigations within FC. 
• 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 FC Investigation, FC, 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 to senior leadership.
• Proactively identify key emerging financial crime threats within the jobholder’s functional area and interface with other global functional areas.

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 firm’s participation in initiatives with key members of Group, public sector and peers to share information on financial crime threats at a regional level.
• Manages the sharing of information and creation of feedback loops across the firm 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 threats requiring a coordinated response across Regional FCR functions, lines of business or countries.

Leadership & Teamwork

• Clearly communicates Threat Mitigation strategy to meet business needs.
• Provides support at a regional level to the FC sub-function.
• Influences through action FC personnel to own and optimize FC decisions to grow sustainable, risk adjusted profits. 
• Provides input for People Development initiatives for FC and Group activities, as well as supporting the annual BAU HR cycle.
• Contribute to communication across regional FC and the business to all key stakeholders in relation to Investigation matters. 

Certifications, Qualifications and Experience

• Extensive experience working within a regulatory, investigative, or financial intelligence agency, or as a senior compliance manager within a global firm, in the financial services industry.
• Detailed experience in mitigating the harms associated with the threat of financial crime at a strategic level
• An excellent 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.
• Some leadership experience and a strategic thinker.
• Excellent communication and inter-personal skills, with experience of dealing with executives at all levels.
• Ability to develop efficient and effective solutions to global issues.

You’ll achieve more when you join HSBC.
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Issued by The Hongkong and Shanghai Banking Corporation Limited.

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