HSBC

Sanctions Manager Asia Pacific - Financial Crime Compliance

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

Job Description

Sanctions Manager Asia Pacific - Financial Crime Compliance

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

Some careers grow faster than others.
If you’re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential.
 
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 Sanctions Manager Asia Pacific.
 
Principal responsibilities
  • Providing subject matter expertise at a Regional and Country level for internal regulatory engagement in respect of Global Sanctions Policy updates
  • Supporting the Regional Policy Management Team Lead with all Policy related matters
  • Managing, identifying, mitigating and escalating Sanctions risk within Region in relation to Policy events and deviations in a proactive and continuous manner
  • Effectively supporting all change activity in relation to the Policy and Governance Team
  • Manage and oversee governance to the Policy across Region, including but not limited to the review of related Sanctions Guidance and Operating Procedures. Ensure Sanctions related Regional procedures and Functional Instruction Manuals are fully aligned to the Policy and are being fully adhered to across Region
  • Identify, impact assess and oversee Regional compliance with Policy, Global Sanctions regulatory changes and Country level compliance with local regulatory changes
  • Provide effective support to Countries in the creation of Country supplements
  • Conduct root cause analysis within the Regional Policy and Governance Team and identify and report and trends within the data to the Regional Policy Management Team Lead
  • Manage the identification and preparation of licencing requests at Country level, providing support as necessary
  • Responsible for scrutinising all Policy events within Region
  • Manage the communication and operation of a Sanctions related records retention policy for the Region
  • Ensure that all work is completed within agreed Service level agreements, with appropriate escalation and mitigating actions for items not meeting Service level agreements
  • Engage in effective communication across the Region and within the Regional Policy and Governance team, helping to cultivate and environment that supports diversity, reflects the HSBC brand and improves employee engagement
  • Take personal responsibility for training, performance management, career management and succession planning thorough one to one sessions with line manager
  • Ensure development activities are a core priority and ensure reasonable time is taken for learning and developmental activities
  • Foster positive and professional working relationships within Financial crime compliance and other Sanctions Teams at a Regional Level
  • Participate in periodic reviews of the Sanctions Standard with regards to procedures for the Regional Policy and Governance Team
  • Analyse collated Regional Management information to identify trends, anomalies and potential process improvements to continually improve the management and mitigation of Sanctions risk within Region
  • Oversight to the completion of the Country level Enterprise Wide Risk Assessment, providing support in any Policy related escalations
  • Act as a point of contact within Region for internal stakeholders for all Sanctions matters relating to Policy Governance
  • Identify, mitigate and escalate Sanctions risk within Region in a proactive and continuous manner
  • Support the implementation of globally led Sanctions change initiatives that impact Regional Policy and Governance Team
  • Provide expertise and support on escalated Sanctions Policy related matters that are associated with the Region
  • Work collegiately with Internal Audit to ensure effective deployment of agreed Regional audit strategies, providing support to all Regional Policy and Governance team actions
  • Provide full details of any updates and actions on audit findings within Regional Policy and Governance Team to Regional Policy Management Team Lead in a timely manner
  • Maintain oversight of all changes to policy and awareness of agreed schedule of implementation of financial crime compliance Sanctions Controls
  • Ensure all Sanctions guidance and procedures are updated as necessary following changes in Policy and or Country Supplements
  • Maintain and observe all HSBC control standards including the timely implementation of recommendations made by internal external auditors and external regulators

Qualification

Requirements
  • Risk professional with experience in one or more risk compliance roles, to include Sanctions experience
  • Knowledge of Sanctions regulations and guidance
  • Knowledge of the HSBC Group structure, its business and personnel, and an understanding of HSBC corporate culture
  • Experience within the financial services industry
  • Lateral thinker with an ability to interpret and solve complex issues
  • High level of English language skills
  • Excellent communicator with strong inter personal and influencing skills
  • Ability to adapt to change and provide input where necessary
  • Ability to develop practical, cost effective solutions to complex issues
You’ll achieve more when you join HSBC.
 
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Technical Skills

  • Audit
  • Branding
  • Compliance
  • Costing
  • Due Diligence
  • Internal Audit
  • Performance Management
  • Process Improvement
  • Risk Assessment
  • Succession Planning
  • Training