Job description

Role purpose

The Compliance function is a Second line of defence (LOD) function, responsible for reviewing and challenging the activities of the Group’s businesses (also referred to as “the First LOD”) to ensure that they effectively manage as “Risk Owners” the Regulatory and Financial Crime Compliance risks inherent in or arising from the conduct of their activities and for which they are responsible. The Second LOD consists of 'Risk Stewards' who are independent of the commercial risk-taking activities undertaken by the First LOD. The Compliance function is a Risk Steward for a number of non-financial risks in accordance with HSBC Group’s risk framework. 

This role is responsible for ensuring that HSBC’s operations in LAM/MX are effective in identifying, managing and mitigating Financial Crime (FC) and Fraud risks and ensure timely advice is provided to the business.   

Main activities

  • Oversee the critical Compliance policies and systems that impact LAM/MX Wealth & Personal Banking (WPB) and ensure that the Group’s exposure to Financial Crime and Fraud risks is managed in a commercially sensitive, practical and cost effective manner.
  • Provide advice and support on Financial Crime and Fraud risks to senior management, Compliance and other colleagues.
  • Reporting to LAM/MX WPB Head FC Advisory as relevant Financial Crime and Fraud risks matters.
  • Ensure that senior management are appropriately advised of all material Compliance related matters relating to LAM/MX Wealth & Personal Banking (IWPB) & Corporate and Institutional Banking (CIB).
  • Manage and foster a strong relationship with all relevant regulators in relation to the activities of LAM/MX IWPB & CIB and ensure timely disclosure of relevant information, in relation to financial and crime, and regulatory compliance related matters.
  • Ensure that positive relationships are maintained with other external stakeholders relevant to the Compliance agenda.
  • Create a framework for the effective risk-based monitoring of the implementation of Financial Crime and Fraud risks related policies and controls across LAM/MX IWPB & CIB.
  • Significant experience as a regulator, or a senior compliance manager across all areas of Compliance risk within a global firm, in the financial services industry. 
  • Detailed and extensive knowledge of the HSBC Group structure, its business and personnel, and HSBC’s corporate culture.
  • Significant leadership experience and an experienced strategic thinker.
  • Excellent communication and inter-personal skills, with experience of dealing with executives at all levels.
  • Ability to develop practical, cost-effective solutions to complex global issues.
  • A legal or formal accountancy qualification or professional background in a relevant risk or audit discipline.
Requirements
  • Experience as a regulator, or a senior compliance manager across all areas of Compliance risk within a global firm, in the financial services industry.
  • Detailed and extensive knowledge of the HSBC Group structure, its business and personnel, and HSBC’s corporate culture.
  • Significant leadership experience and an experienced strategic thinker.
  • Excellent communication and inter-personal skills, with experience of dealing with executives at all levels.
  • Ability to develop practical, cost-effective solutions to complex global issues.
  • A legal or formal accountancy qualification or professional background in a relevant risk or audit discipline.

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.