- Corporate Communications
- Due Diligence
- Impact Analysis
- Risk Management
Senior Sanctions Manager - Financial Crime Compliance
Location: Asia Pacific-Hong Kong-Kowloon-Tai Kok Tsui
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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 Senior Sanctions Manager.
Primarily responsible for supporting the Head of Sanctions, Asia Pacific on Trade, Economic and Financial Sanctions, including sanctions programs administered by the United States Office of Foreign Assets Control, United Nations, European Union’s Financial Sanctions and global risk management framework to meet legislative and regulatory requirements on a regional basis
Assist Head of Sanctions, Asia Pacific to build the Sanctions regional structure and develop the regional team
Responsible and assist Regional Head of Sanctions for the rollout and implementation of the Global Sanctions Policy across Asia Pacific and setup of the sanctions governance framework to ensure proactive communications in Region
Assist Head of Sanctions, Asia Pacific on the implementation and execution of the Sanctions Global Standards Programme in Region
Provide oversight and management, of all aspects of Financial Crime Risk Sanctions including impact analysis of regulatory changes within Region
Responsible for the collation of potential breaches of sanctions from across the Region and Countries, review of the reporting made and appropriate escalation to the Global Head of Sanctions
Building strong partnership with business to drive and accelerate the execution of Financial Crime Compliance Sanctions programmes within the region that directly impact business performance
Stay at the forefront of key regulatory changes to ensure proactive communication with business and implement appropriate policy and framework to manage the changes
Provide advice to business across region on risk associated with prospective business, products and service and design mitigation controls and implement strategies as appropriate
Seasoned professional with experience in one or more risk compliance roles in the financial services industry, ideally to include Sanctions experience
Extensive knowledge of Sanctions regulations and guidance
Understanding of the Banking Group structure, its corporate culture preferred
Lateral thinker with an ability to interpret and solve complex issues
Excellent communicator with strong interpersonal skills
Experience in leading assurance work in a complementary discipline
Demonstrate ability to lead change, contributing to joining up with the other teams in Risk and Business globally
Experience of dealing with regulatory matters and confident interaction with Regulators
Ability to develop practical, cost effective solutions to complex global issues
The chosen candidate for this role will be required to undergo enhanced vetting. Subject to local laws, this will require the individual to satisfactorily pass a series of additional checks as part of the recruitment process and on an ongoing basis, if appointed to the role. HSBC Group reserves its position with regard to any steps which it may take in relation to any material adverse findings which arise either when the checks are originally completed, and/or if relevant, on an ongoing basis. For more information about the enhanced vetting for this role please contact the recruiter for this role.
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