HSBC Group

Business: Financial Crime Detection & DE

Open positions: 1

Role Title: Analyst, FC Detection & DE GSC’s

Global Career Band: 6

Location (Country / City ): Bangalore

Recruiter Name : Geetika Gupta

Why join us?

• Financial crime detection and enablement caters to the various risks like sanctions risk, AML etc. Members of the FC CoE are involved in data analysis, model and strategy development and implementation,
• reporting and data management. These analyses form the information basis for strategic planning.
• by the senior management for businesses and enables effective decision making to satisfy business 
• needs and requirements along with addressing unforeseen challenges.
• Financial Crime Detection - Name Screening Analytics
• This role falls under the Name Screening sub value stream whose primary objective is to:
• Ensure adherence to global and local Sanctions and AML regulations and respective group policy standard through Name Screening of customers and their associations.

The Opportunity:

Role purpose

• The Financial Crime (FC) Detection & Digital Enablement CoE is an integral part of the HSBC group’s Financial Crime function. The COE helps detect and mitigate FC Risks across HSBC group and regions through conceptualization, development, deployment, and maintenance of FC Detection solutions. FC risk is a non-financial risk that includes fraud, money laundering, bribery and corruption, sanctions violations, terrorist financing, proliferation financing, export control violations and tax evasion.
• Data and Analytics Professionals at HSBC have responsibility for executing our HSBC Data Strategy. Their responsibilities are threefold:
• Recognising data as an asset to HSBC by managing Data Risk and ensuring we are compliant with our Data standards and policies.
• Using analytics and data science to unlock the value of our data.
• Implementing and maintaining our Data Technologies.

Risk and Compliance Analytics

What you’ll do:

Principal Accountabilities and Responsibilities (e.g., for Business, Customers and Stakeholders; internal control environment, etc.)

• Recognising data as an asset to HSBC by managing Data Risk and ensuring we are compliant with our Data standards and policies.
• Using analytics and data science to unlock the value of our data.
• Implementing and maintaining our Data Technologies.
• Data and Analytics Professionals are geographically dispersed and aligned to the Global Businesses / Global Functions or Regions. Work involves aggregations, deliver BI and reporting solutions by using tools such as Qliksense/Qlikview
• The role-holder will provide specialist expertise in techniques for model delivery (e.g. Deep Learning) and /or their applications (e.g. Customer Propensity, Computer Vision, NLP). This includes understanding the factors (both internal and external) that drive the required model outcomes, and applying relevant techniques to design, develop, test, implement and monitor models.
• Hands-on working knowledge of Python & SQL is must.
• Carry out sensitivity analysis for various business actions/strategies.
• Prepare model documentation with high quality and clear explanation of all analysis conducted.
• Work on multiple projects simultaneously and deliver in a timely, efficient, and effective manner.
• Participate in initiatives which ensure higher efficiency (automation, training manual, etc.).
• Ensure adherence with all the applicable compliance policies (Data security policy, AML, operational risk, Functional manual, Group Compliance Manual, Audit recommendations, Internal Control requirements, regulatory guidelines etc.) and business standards of Organization as applicable. Take timely action on Audit comments and be able to demonstrate compliance with Internal controls.
• They will ensure compliance with HSBC’s Model Development Standards, remain abreast of latest developments in Modelling tools and techniques and advise leadership on maintaining market leading capabilities. The main aim is to provide a model which broadly satisfies the purpose and broadly functions in the given use cases.

Impact on the Business

• Proven analytical skills and ability to work with large volumes of data in a text or spread sheet format.
• Experience of using relevant software packages, in particular Microsoft Office (Word, Excel, PowerPoint).
• Built effective networks across business areas, developing relationships. 
• Experience of creating and deploying comprehensive business/operating plans which consistently deliver desired results. 

Customer / Stakeholders

• Develop and Manage relationships with key internal stakeholders across Group functions, lines of business, regions, and countries
• Facilitate the sharing of information and creation of feedback loops across the firm, with particular focus on wider FC Detection stakeholder to continuously adapt and improve change management and optimisation.
• Oversees the support and coordination capability necessary to manage the response to high priority FC Detection Feedback requiring a coordinated response across Group Financial Crime functions, Compliance, lines of business, regions, or countries.
• Develop and maintain a strong and professional working relationship with Senior Management of FC, Risk, Audit and Finance at Business, Group and Regional levels.
• Ensure appropriate timely and relevant risk information is provided to FC leadership and appropriate governance forums.

Typical Targets and Measures

• Delivery of project requirements in line with Business and Regulatory timetables.
• Completion of key project documentation and deliverables
• Adhere strictly to compliance and operational risk controls in accordance with company and regulatory standards, policies, and practices.
• Adhere to IT data policies, procedures and governance framework when performing tasks so as to ensure controls are in place and departmental goals are met.
• Positive customer feedback from stakeholders at all levels
• Evidence of effective relationship building at all levels
• Providing accurate and complete reporting with minimal errors

Operational Effectiveness and Control

• Drive the articulation and embedding of FC Detection Optimisation controls. Ensure that these are updated for changes in regulation and impacts on business.
• Resolve any / all identified issues promptly and escalate concerns to management as appropriate to ensure timely awareness of any material concerns.
• Maintain and observe all HSBC control standards and implement relevant policies, including the timely implementation of recommendations made by internal / external auditors and external regulators.
• Where required, support the articulation and embedding of framework, policies, procedures, and controls as they relate to FC Controls.
• Maintain awareness of operational risk within the value stream and minimise the likelihood of it occurring including its identification, assessment, mitigation and control, loss identification and reporting.
• Develop and present options to implement controls whilst retaining full benefit from investment in systems.
• The successful candidate will be expected to exercise independent initiative in proactively overcoming obstacles to success, dealing with uncertainty, and changing circumstances, project interdependencies, opportunities and risks.
• The successful candidate will have the ability to multi-task priorities, be self-motivated and have a can-do attitude. They will be expected to adopt an agile and flexible approach to work and an outstanding level of professionalism and conduct.
• Ensuring that business requirements are fully defined and signed-off by key project stakeholders. This will require working in partnership with global and regional business teams to define, validate requirements and ensure buy-in.

Typical Targets and Measures

• Active participation and contribution at key workshops, governance forums and project related meetings
• Evidence of taking ownership and influencing relevant functional areas.
• Supporting Management Information reporting to appropriate governance committee and senior Risk managers.
• Conducting data analysis, model development and clearly presenting and documenting findings.
• Supporting workshops to capture and agree business requirements.
• Evidence of progress against plan and timely escalation of Risks and Issues.
• Supporting effective project tracking.
• Evidence of proactive escalation of potential risks and proposed mitigation.

Leadership & Teamwork 

• Ensure effective communication across Financial Crime and the business to all key stakeholders in relation to FC Detection matters.
• Support the sharing of developments and best practice across the wider FC Function.
• Support to deliver the value stream approach aligned to detection outcomes to deliver a seamless integration of cross-functional expertise.
• Maintain and develop positive and professional working relationships with senior business leaders, Risk and Compliance colleagues at Group, Regional and Market / Entity level.
• Work effectively as part of a team, taking the lead where appropriate and contributing to team output and collaboration.
• Foster a learning agile culture, promoting proactive review of lessons learned.
• Influencing and collaborating with stakeholders and business partners, building strong relationships to ensure consensus, and influencing change outcomes. Fostering open and honest communication which anticipates stakeholder expectations.
• Supporting and facilitating workshops across multiple geographies.
• Pragmatic decision-making capability. Structured and disciplined approach with good attention to detail, this role will require a hands-on approach required and willingness to take personal accountability. This will require strong analysis skills and structure to effectively apply solutions to poorly defined problems.
• Supporting project managers / business analysts in the preparation of project status reports, consolidating risk and issues, and helping to prepare and consolidate monthly reporting packs.

What you will need to succeed in the role:

Functional Knowledge

• Analyse large volumes of data to generate meaningful insights for stakeholders
• Use the technical skills of Python and SQL to derive insights from the data to help the stakeholders and decision makers
• Use data visualization techniques to develop dashboards and generate effective insights for the stakeholders
• Focus on creating efficiencies in the process using advanced tools
• Exposure to alerts data (post OWS & AAA execution) and identify bulk alerts for discounting based on rules

Link to Candidate User Guide:

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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.”

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