Assistant Vice President, Financial Crime Risk Stewardship, CoE

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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 Risk Stewardship

Principal responsibilities

• 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 FLOD and SLOD 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 regional and country level working across the entire FC structure as well as with the lines of business and functions including DBS where applicable.

• 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.

• Support Senior Management with the analysis of country and regional audit and assurance reports and ensure all identified issues have the appropriate action plans and the responsible owners are executing to plan to meet the completion deadline on time.

• Support Projects as SME support (FC performance, Governance planning, Training etc.)

• Applicable standards, policies and procedures developed, and implementation approach established.

• Ensure that standards, policies and procedures are being designed to meet regulatory needs and plans are in place to ensure they are clearly understood by stakeholders.

• Work effectively as part of a team, taking the lead where appropriate and contributing to team output and collaboration through communication, initiative / being pro-active, cooperation, ownership, and identification of improvements.

• The nature of the role requires close working contact with Global, Region, Markets, Senior Executives in FC, Lines of Business and Products and other functional areas such as DBS /IT / Legal etc.

• The jobholder must have an overall work experience of 8-10 years in the banking / financial services industry

• At least 4-5 years' experience in Financial Crime Risk or Business Risk functions(Money Laundering, Bribery & corruption, Sanctions, Tax Evasion, Fraud, control assurance.

• Strong understanding of how FC controls mitigates FC Risk and the various underpinning activities forming the overall Risk Management framework.

• Working knowledge of the Global Non-Financial Risk (NFR) Framework and Technical User Guides (TUG) – Preferred

• Working knowledge of the line of business (Retail, Wealth & Premier banking or Corporate & institutional Banking).

• Interpersonal Skills (i.e., collaboration and networking) with experience of dealing with stakeholders including the capacity to articulate the case for risk management.

• 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.

• Able to investigate and escalate incidents, assess regulatory impact and prepare reports to the regulator and governance meetings, as necessary

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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