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. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC Life is a world-class institution where you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank. Insurance is about people, and the promises they make. At HSBC Life we help deliver on these promises by providing a wide variety of life insurance products and services to our clients throughout the Asia-Pacific Region.

Our Employees enjoy a dynamic and innovative workplace and a world of opportunities to develop their careers in a high-profile growing business segment. We empower our team of high-performing individuals to build skills and explore new experiences to realise the full potential of being part of HSBC.

Together we pursue efficient ways of working. We harness the latest data and technology solutions to achieve meaningful outcomes for our clients. The protection we offer creates broad and lasting impact, helping clients to be healthier, more productive and more confident in their futures.

We are currently seeking a high calibre professional to join our team as a Strategic and Regulatory Initiatives Risk Manager (18 months fixed term contract).

Principal Responsibilities

In this role you will

• Support the Financial Crime Risk agenda for Hong Kong Insurance Business, working with Second Line Compliance to continually assess local risk environment and ensure alignment with Group’s agenda and relevant regulatory priorities
• Manage Management Self-Identified Issues (MSIIs) by ensuring appropriate oversight of action plans i.e. actions are robust and executed timely to mitigate the identified risks
• Engage with relevant stakeholders across Hong Kong Insurance Business/ other Lines of Business/ Function, to identify Financial Crime themes and emerging issues impacting Hong Kong Insurance Business
• Support the implementation of Financial Crime Risk policy and procedure updates (such as Anti-Money Laundering, etc.) within Hong Kong Insurance Business
• Support the execution of Financial Crime Risk controls improvement/ streamlining/ remediation activities. This includes providing constructive challenge to existing practices/ proposed initiatives and generate innovative solutions. Additionally, ensure controls deployed are relevant to the respective functions within Hong Kong Insurance Business
• Provide effective communication to stakeholders and ensure clear view of Financial Crime Compliance environment is provided
• Ensure compliance, operational risk controls in accordance with HSBC or regulatory standards and policies
• Respond to Regulator, Audit and Assurance Teams on the assurance assessment in the area of Financial Crime Risk for Hong Kong Insurance Business, including material submission, provision of response, following up on rectifications of findings as well as to conduct read-across exercises

To be successful you will

• Support the Financial Crime Risk agenda for Hong Kong Insurance Business, working with Second Line Compliance to continually assess local risk environment and ensure alignment with Group’s agenda and relevant regulatory priorities
• Manage Management Self-Identified Issues (MSIIs) by ensuring appropriate oversight of action plans i.e. actions are robust and executed timely to mitigate the identified risks
• Engage with relevant stakeholders across Hong Kong Insurance Business/ other Lines of Business/ Function, to identify Financial Crime themes and emerging issues impacting Hong Kong Insurance Business
• Support the implementation of Financial Crime Risk policy and procedure updates (such as Anti-Money Laundering, etc.) within Hong Kong Insurance Business
• Support the execution of Financial Crime Risk controls improvement/ streamlining/ remediation activities. This includes providing constructive challenge to existing practices/ proposed initiatives and generate innovative solutions. Additionally, ensure controls deployed are relevant to the respective functions within Hong Kong Insurance Business
• Provide effective communication to stakeholders and ensure clear view of Financial Crime Compliance environment is provided
• Ensure compliance, operational risk controls in accordance with HSBC or regulatory standards and policies
• Respond to Regulator, Audit and Assurance Teams on the assurance assessment in the area of Financial Crime Risk for Hong Kong Insurance Business, including material submission, provision of response, following up on rectifications of findings as well as to conduct read-across exercises

Opening up a world of opportunity
http://www.hsbc.com/careers

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.

Issued by The Hongkong and Shanghai Banking Corporation Limited.