Job description
Some career choices have more impact than others.
At HSBC we exist with the purpose of Opening up a World of Opportunity. We use our unique expertise, capabilities, breadth and perspectives to provide opportunities for our customers and colleagues through global connectivity. We bring together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.
As an HSBC employee in Australia, you’ll have access to tailored professional development opportunities, competitive pay, an embedded flexible working culture and a range of employee benefits. These include market-leading subsidised private health cover, enhanced parental pay and support when returning to work, subsidised banking products and services, bonus leave days and wellness programmes including discounted gym memberships.
The Financial Crime (FC) function is a Second line of defence function that includes “Risk Stewards” who are independent of the commercial risk-taking activities undertaken by the Group’s businesses (also referred to as “the First Line of Defence”). These Risk Stewards are responsible for revieing and challenging the activities of the First Line of Defence to ensure that, as “Risk Owners” they effectively manage the FC risk inherent in, or arising from, the conduct of their activities and for which they are responsible. FC risk is a non-financial risk that includes money laundering, fraud, sanctions, bribery and corruption, terrorist financing, proliferation financing, export control violation and tax evasion.
We are seeking a driven individual for the role of the Senior Manager, Financial Crime International Wealth and Premier Banking (IWPB) and AML who will be responsible for ensuring that HSBC’s operations in Australia are effective in identifying, managing and mitigating Financial Crime, executing strong FC risk stewardship for the International Wealth and Premier Banking (IWPB) retail business, and supporting the management of AML risk across Australia and New Zealand entities.
Key responsibilities:
• Articulate financial crime risks for IWPB across Australia, and AML risks across Australia and New Zealand entities.
• Deliver against the FC Risk Stewardship objectives for IWPB, providing accurate and timely FC advice, review and challenge to support the sustainable delivery of the business strategy;
• Ensure the AML/CTF Program reflects and incorporates regulatory changes, as well as advising on the impact and implementation of relevant regulatory changes to ensure business readiness and compliance;
• Responsible for overseeing the risk stewardship activities of the FC IWPB and AML team with respect to risks, controls, issues, actions and events.
• Advising on the FC risks associated with IWPB products, services, business initiatives and customers.
• Providing leadership support and SME guidance with respect to internal, external and regulatory reviews.
• Lead and drive change programs to ensure that FC risks are managed in line with regulatory requirements across the business.
• Deliver strong partnership with key stakeholders balancing between regulatory requirements, internal policies and strategic direction of the Bank.
• Provide leadership, coaching and development to the wider financial crime team
Requisitos
To be successful in this role you will need:
• Experience as a Senior Manager/Executive Manager with Financial Crime Compliance exposure, ideally within a global firm in the financial service industry or the regulators. FC Risk Stewardship experience in relation to the retail or consumer business of a financial institution, with a deep understanding of the types of products, services and FC risks intrinsic to a retail banking business.
• Qualification in risk or compliance or professional experience within risk or audit, a certification from International Compliance Association (ICA) or Association of Certified Anti-Money Laundering Specialist (ACAMS) is well regarded.
• Superior understanding of AML/CTF regulations and experience in managing the different facets of an AML Program, with strong understanding of Sanctions, AB&C, Fraud and Tax Transparency.
• Awareness of key Australian regulatory change initiatives and associated impacts to the banking industry, and their impacts on areas of a retail business.
• Lateral thinker with an ability to interpret and solve complex issues with the ability to work collaboratively in teams and to deliver on time.
• Ability to support decisions with sound reasoning. Ability to clearly articulate business and regulatory implications of analysis and findings.
• Proven leadership skills and the ability to matrix manage.
• Be of strong character with exceptional interpersonal skills, able to speak with all levels in the business including the Executive Committee
• Strong written communication skills, with a strength in drafting Executive Committee governance papers and regulator correspondence.
Preference will be given to candidates who hold Australian or New Zealand PR/Citizenship or working rights or who can show they currently have unrestricted work rights in Australia with no limitations.
We value different perspectives, we succeed together, collaborating across boundaries, we take responsibility, holding ourselves accountable to get things done. Through these values, HSBC is committed to building a culture where all employees are appreciated and respected and where opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow in an inclusive environment. Applications from First Nations peoples are encouraged.
Learn more about careers at HSBC Australia – https://www.hsbc.com/careers/where-we-hire/australia
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 HSBC Bank Australia Limited. Please note that HSBC will we never communicate to applicants via non HSBC channels such as SMS, WhatsApp or Facebook so please be careful if anyone attempts to contact you via these channels.