Risk Quality Assurance Manager - Commercial Banking
Location: Asia Pacific-Hong Kong-Hong Kong Island-Central
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HSBC Commercial Banking serves millions of businesses ranging from small, to large corporates, providing commercial customers with a full range of banking services including Global Trade and Receivables Finance, RMB solutions, multi-currency business accounts, payments and cash management, and wealth management and insurance, as well as a comprehensive range of financing solutions. With dedicated Relationship Managers and Product Specialists providing local support and advice in over 60 countries and territories, HSBC helps connect customers to opportunities.
We are currently seeking a high caliber professional to join our team as Risk Quality Assurance Manager.
The Commercial Banking Global Standards Programme has been formed to enable Commercial Banking to adopt and enforce the highest Financial Crime and Sanctions compliance and behavioral standards across all Commercial Banking entities within the HSBC Group.
This role is a combined operational and implementation role, embedded within either the Country Commercial Banking Chief Operating Officer office, the Regional Commercial Banking Chief Operating Officer office, or the Global Commercial Banking Global Standards team. Dependent upon scale, in country and regional offices, the role will report to the local Head of Global Standards or to the Senior Customer Risk Quality Assurance Manager, the role reports into the Head of Commercial Banking Customer Risk Quality Assurance when a part of the Global Commercial Banking team.
Assess the quality with which Commercial Banking frontline staff assess Financial Crime Compliance risks and ensuring that those risks are mitigated appropriately. The role-holder will provide leadership to the Commercial Banking frontline on the Financial Crime Compliance risks that they should consider when reviewing or remediating a client, and will coach staffs who are unable to demonstrate a strong understanding of Financial Crime Compliance risks.
Make recommendations to their management to address general areas for improvement in Financial Crime Compliance risk assessment and mitigation, when there are common themes that emerge through assessing risk across a country or a region. In addition to training this may include making recommendations to enhance controls, processes and systems.
Driving improvements in first line of defense ability to recognize Financial Crime Compliance risks and take appropriate action
Establishing country and regional Key Performance Indicators that demonstrate improvements in Financial Crime Compliance comprehension and control for the Commercial Banking business.
Manage compliance and Financial Crime Compliance risk counterparties in Global Commercial Banking sites to achieve objectives on regional level
Foster strong compliance and Financial Crime Compliance risk culture across Global Commercial Banking
Uphold and enhance compliance and Financial Crime Compliance risk culture across the role’s Commercial Banking jurisdiction
Protect the Bank and Commercial Banking from potential operational losses, including tangible and reputation losses
- Cash Management
- Quality Assurance
- Risk Assessment
- Wealth Management