Assistant Vice President - Financial Crime GB & CMB

Some careers shine brighter 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. HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Assistant Vice President, Financial Crime GB & CMB role.

Job Responsibilities:

• Support the Global / Regional FC Risk Stewards, provide oversight of FC controls to effectively challenge risks or control outcomes through analysis and review of Issue Management, L1 and L2 Controls, Inherent and Residual risks. Ensure overdue issues and actions are communicated to the relevant stakeholders as per guidance
• Perform read across of 2/3 LOD review reports and prepare read across actions for risk stewards for further disbursement. Update summary documents ( eg. Audit Summary matrix ) for Audit reports to ensure themes can be identified
• Set & maintain Global FC Policy (Liase with Risk Stewards and assist to undertake consultation activities, where relevant, with respect to changes/developments in Group policies/guidance)
• Ability to translate MI of existing 1LoD controls into summaries for 2LoD Risk Stewards to highlight potential gaps, enhancements, or expansions to the Bank's overall FC Risk coverage.
• Prepare and design governance packs to facilitate and include the key data elements required to understand the control environment of FC
• Support in reviewing the change initiatives driven at the market level
• Monitor issues management from a wide range of sources, including MSII’s, Audit Reports, Assurance reporting and where available, Monitor reviews.
• The monitoring of key controls and 1LoD performance through ‘heat maps’ is an essential ask of the Risk Steward. The role would be directly responsible for the ongoing monitoring, analysis, coordination (with 1LoD) and escalation of risks and failure points as identified by such heatmaps.
• Oversight and challenge of the use and adoption of NFRO / RMF deliverables and standards to ensure they are embedded and effective across FC
• Assist to review LOB RCAs, control descriptions, residual risk descriptions, trigger events, incident management follow up and perform first level review on the quality of the inputs, & completeness.
• Review business proposals for initial risk assessment and provide solution and mitigants to manage the risk to the business and related functional units.
• Assisting in the various thematic reviews and assistance in various compliance training needs analysis and deck content.
• Supporting the advisory capability within Group / Regional FC by providing oversight and management of all FC risk related matters for GB and CMB.
• Contributing to building a robust financial crime risk management culture and strategy through both internal and external governance, strategy and communications.
• Support activities for strong partnership with the GB and CMB and interfaces with Legal, Audit, Risk and FC functions and has responsibility for driving the implementation of policy arising out of changes in Risk & Compliance globally.
• To stay at the forefront of key regulatory changes, particularly where relevant to GB, to ensure proactive communication with the business and contribute to appropriate policy and framework changes.

Job Requirements:

• The jobholder must have an overall work experience of 8-10 years in the banking / financial services industry aleast 4-5 years’ experience in Financial Crime Risk or Business Risk functions.
• Proven knowledge of and experience in financial crime roles.
• Strong understanding of how FC controls mitigates FC Risk and the various underpinning activities forming the overall Risk Management framework.
• Working knowledge of the line of business / function supported, as well as pertinent compliance risk policies and regulations.
• Ability to identify financial crime risks, quantify their potential impact, escalate where appropriate and provide a recommendation for resolution.
• Understanding of GB and CMB businesses.
• Able to build strong relationships with stakeholders and become a go-to point of contact for financial crime concerns.
• Interpersonal Skills (i.e., collaboration and networking) with experience of dealing with stakeholders including the capacity to articulate the case for risk management.
• Able to work to deadlines, sometimes intra-day, to support the business and financial crime colleagues.
• Can understand and analyse information from different sources and across markets to identify trends and potential risk.
• Strong attention to detail to put together materials for sharing within senior governance forums.
• Excellent communication skill (oral, written, and presentational) with the ability to influence others through use of compelling facts, thought-provoking discussion and logic and use diplomacy and tact to resolve differing views.
• Experience of interpreting and analyzing a large volume of information and / or data and provide succinct summary for 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 able to "connect the dots" and critically analyze situations, recommend effective solutions to problems, and identify or anticipate regulatory concerns.

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritised.

You’ll achieve more when you join HSBC.

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