HSBC Group

Open positions: 1

Global Career Band: 5IC

Why join us?

Financial Crime (FC) function is part of the Second Line of Defence (SLOD) that includes” Risk Stewards” who are independent of the commercial risk-taking activities undertaken by the Group’s businesses (also referred to as “First Line of Defence” or “FLOD”). The Risk Stewards are responsible for providing subject matter expertise, advise, guidance and effective challenge to the FLOD to ensure that, as Risk and Control owners, they effectively manage the FC risks for which they are responsible. FC risk is a non-financial risk that includes ‘Fraud,’ ‘Money Laundering, Terrorist Financing, Proliferation Financing,’ ‘Bribery and Corruption,’ ‘Sanctions or Export Controls Breaches,’ and ‘Tax Evasion.’ The FC function operates in accordance with HSBC Group’s Risk Management Framework (RMF).

The Opportunity:

• The management of financial crime risks is an integral part of the role profile. This role will continually reassess the operational risks inherent in FC by taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.
   
• The job holder will get opportunity to support Senior Management in meeting its regulatory obligations by providing active support in the implementation of the various policies in compliance with local regulations, Group’s Global Policies and Principles, and international standards. The individual will be building working relationship with all stakeholders at various levels of Global, Region, Markets, Lines of Business and Functions Participate and / or represent FC at any relevant FC / Non-Financial Risk (NFR) forums hosted by FLOD or SLOD as appropriate.

What you’ll do: 

• The job holder will be an individual contributor reporting to VP FC CoE Risk Stewardship.

• The individual will be expected to provide support in managing FC risks by providing oversight and direction of the business controls as described in the Global Line of Business procedures and HSBC Global Policies and Procedures.

• Engage with 1LOD and 2LOD to ensure transparency relating to risks and control assessments, ongoing control remediation plans and trigger events oversight for both internal and external events.

• The role requires strong partnership at a global, regional and country level working across the lines of business structure.

• Preparation, review, challenge and consolidation of accurate data, reports, and presentation packs for key executive meetings/forums.

• Providing support on Operational Effectiveness (OE) and Enterprise-Wide Risk Assessment (EWRA) and Risk and Control Assessment (RCA) while presenting and evaluating the risks and controls identified through OE and EWRA.

• Support in developing and maintaining the risk steward view of the effectiveness of the financial crime risk framework and ensure that this view is communicated consistently to relevant risk governance meetings.

What you will need to succeed in the role:

• Experience in Financial Crime Risk management advisory or similar Risk function.

• Proficient knowledge of Line of Business Structure and Products.

• Working experience of how controls associated with the Line of Businesses Risk mitigate FC Risk and the various underpinning activities as laid out in the Risk Management Framework.

• Excellent communication and inter-personal skills, with experience of dealing with stakeholders  including the capacity to articulate the case for risk management.

• Ability to lead change, contributing to joining up with the other teams in Risk and Compliance and Business globally

• Ability to work independently on distinct tasks, escalating as appropriate and exhibiting proactive approach than reactive.

What additional skills will be good to have?

• Knowledge in MS Office Suite, MS PowerPoint & Excel is mandatory.

• ACAMS or International Compliance Association (ICA) certificate/diploma, or equivalent qualifications

Please refer the Candidate User Guide in the below link to understand your own journey as a candidate.

https://hsbchrdirect.service-now.com/esc?id=kb_article&table=kb_knowledge&sysparm_article=KB0184596&sys_kb_id=712b5f041b1f82908d3a0fe7ec4bcbd6

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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(* The information contained in this job description is a true and accurate reflection of the job as specified.)