HSBC

Financial Crime Compliance Monitoring and Testing Assistant Manager - Financial Crime Compliance

HSBC
Full Time
Junior (less than 3 years)
Non-specified
English

Job Description

Financial Crime Compliance Monitoring and Testing Assistant Manager - Financial Crime Compliance

Location: Asia Pacific-Hong Kong-Kowloon-Tai Kok Tsui

Some careers open more doors than others.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities.
Financial Crime Compliance aligns current activities within Global Risk and helps to build these into a more integrated framework to conduct Customer Due Diligence which enables HSBC to manage financial crime risk more effectively. It builds stronger controls to improve the way Financial Crime Compliance risks are managed in order to spot gaps as well as trends so that the team can take action. It proactively gathers and analyses financial intelligence in a smart way so that suspicious transactions, activities or connections can be identified and we can adequately protect our customers from the threat of financial crime.
We are currently seeking a high caliber professional to join our team as Financial Crime Compliance Monitoring and Testing Assistant Manager.
Principal responsibilities
  • To support the monitoring of key Financial Crime Compliance issues identified by the Monitors office, Regulatory reviews and or other third parties outside if Financial Crime Compliance Monitoring Testing and support a global approach to conducting target testing on key Financial Crime Compliance activities at a global or regional level.
  • To support for the production and delivery of anti bribery and corruption, Anti Money Laundering and Sanctions periodic reviews.
  • To support the Global, Regional, Country level Compliance Monitoring and Testing teams for the completion of the review work.
  • To assist in the collation of and analysis of information from the most recent review work and relevant risk assessments or reports, in order to support Financial Crime Compliance Monitoring and Testing in discharging its risk steward responsibilities.
  • Support in responding to requests for assistance and ad hoc queries raised from Global, Regional Compliance Monitoring and Testing teams and or other stakeholders.
  • To support the review of Global and Regional Monitoring Reports and Management Information to both Business and Senior Management.
  • Perform detailed monitoring and testing of control and risk outcomes as part of global thematic reviews.
  • To support early escalation of significant anti bribery and corruption, anti money laundering and Sanctions related findings from Compliance Monitoring and Testing and or anti money laundering regulatory breaches derived from the Compliance Monitoring reports to the business and Financial Crime Compliance Senior Management in order that appropriate action can be undertaken to rectify.
  • Effectively support the Global Head of Financial Crime Compliance Monitoring and Testing Conformance and Standards in delivery of the functional mandate.
  • Lead the provision of guidance to Regional Financial Crime Compliance Monitoring and Testing colleagues on undertaking conformance checks, providing feedback and tracking remedial action.
  • Contribute to the enhancement of Financial Crime Compliance Monitoring and Testing reporting documentation, processes and procedures to drive up standards.
  • Liaise with other Global Financial Crime Compliance Monitoring and Testing, Internal Audit, Assurance and Compliance Training and Development team.
  • Identify training and development requirements and propose solutions.
  • Lead the provision of guidance and support on adherence to, or implementation of conformance templates, processes and procedures.
  • Set expectations, share best practice and manage, monitor, coach and develop leaders and others to ensure that they maximise their performance, meet the required standards, and continuously develop their capabilities and experience.
  • Lead and encourage constructive cross country and cross business teamwork by demonstrating collaboration and matrix management in action and taking prompt action to address any activities and behaviors that are not consistent with HSBC diversity policy and or the best interests of the business and its customers. 
  • Ability to clearly identify business and regulatory implications of analysis and findings and propose strategic solutions.
  • Robust and timely record keeping, evidencing the anti bribery and corruption, anti money laundering and Sanctions monitoring activities undertaken and action taken.
  • Identify, monitor and mitigate top and emerging anti bribery and corruption, anti money laundering and Sanctions compliance risks.
  • Implement tactical interventions ensuring significant and robust improvement to functional delivery.
  • The jobholder is responsible for managing and mitigating operational risks in their day to day operations. In executing these responsibilities, the Group has adopted risk management and internal control structure referred to as the Three Lines of Defence.
  • The jobholder should ensure they understand their position within the Three Lines of Defence and act accordingly in line with operational risk policy, escalating in a timely manner where they are unsure of actions required.
  • Be aware of the Operational Risk, primarily Business Regulatory Risk associated with the business. Monitor in accordance with the Principal Accountabilities set out above.
  • Managing the Compliance Risk Assessment process across different business lines on an ongoing basis.

Qualifications

Requirements
  • Understanding of anti bribery and corruption, anti money laundering and Sanctions Practical knowledge of Global Business products and services.
  • Extensive expertise and experience of Financial Crime Compliance Risk
  • Significant compliance or possibly relevant audit and or risk experience covering a wide range of business areas.
  • Knowledge of key current regulatory change initiatives and their impacts on the businesses.
  • Proven ability in leading teams and strong people management.
  • An excellent understanding of the regulatory environment and expectations,  interpretation of  rules and guidance together with  and other relevant regulations, codes and HSBC Group Standards.
  • Ability to support decisions with sound reasoning.
  • Ability to clearly articulate business and regulatory implications of analysis and findings.
  • Highly motivated self starter with proven ability to work collaboratively within teams and to deliver on time.
  • Experience of working in an international or global compliance function.
  • Experience of managing cross border projects and undertaking functional reviews.
  • Confidence to interact with the influential senior management within Financial Crime Compliance and the regional and local businesses.
  • Excellent oral, written communication and presentation skills, interpersonal skills and dealing with executives at all levels.
  • Ability to develop practical and cost effective solutions to complex global issues.
  • Strong leadership skills to influence and motivate Financial Crime Compliance staff supporting the business globally.
  • Ability to apply technical knowledge to enhance the commercial success of Financial Crime Compliance as well as to educate the business appropriately.
  • Possess the ability and drive to raise standards and make an impact on the Financial Crime Compliance business culture.
  • Ability to operate with clear vision under stress in crisis management situations and operate effectively against uncertain and on unfamiliar ground.
You’ll achieve more when you join HSBC.
 
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Technical Skills

  • Anti Money Laundering (AML)
  • Audit
  • Compliance
  • Costing
  • Crisis Management
  • Due Diligence
  • Internal Audit
  • Internal Control
  • MATLAB
  • Operational Risk
  • Record keeping
  • Risk Assessment
  • Risk Management
  • Training