Assistant Vice President Risk Stewardship – Sanctions

Job description

Job description

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

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 Risk Stewardship – Sanctions

Principal responsibilities  

·  Proactive approach to the identification of FC (Financial Crime) risk change and potential impacts.
·  Identify FC  (Financial Crime)Risks in the relevant business and provide necessary assessments and solutions, including establish and implement strategic policies which ensure exposure to current risks and emerging arising risk is managed appropriately.
·  Represent FC (Financial Crime) in relevant governance forums and attend to all internal and regulatory audits and inspections relevant to the business covered.
·  Work closely with relevant stakeholders within Group, Regions, Functions (including DBS) and ServCo to provide expertise and support on all financial crime related matters.
·  As one of the managers within the FC (Financial Crime) organization, the incumbent should drive consistency in messaging throughout the organization and building a culture of transparency between FC and 1LOD(Line of Defense)
·  Support Sanctions risk Projects as SME support (Policy / Procedure, Analytics, Training etc.)
·  Focus on aligning the HSBC operating practices with changes in Global FC policy and regulatory risk, and ensure that the FC  (Financial Crime)Risk Framework remains appropriate.
·  Resolve any/all identified issues promptly, and escalate concerns to management as appropriate to ensure timely awareness of any material concerns.
·  Maintain and observe all HSBC control standards and implement and observe the Global FC  (Financial Crime)Policy, including the timely implementation of recommendations made by internal/external auditors and external regulators.
·  Maintain awareness of operational risk within assigned portfolio and minimise the likelihood of it occurring including its identification, assessment, mitigation and control, loss identification and reporting.
·  Ability to clearly identify FC (Financial Crime) risks and provide necessary analysis, advice, solutions and support.

Requirements

·  Experience in Financial Crime Risk management advisory or similar Risk function. 
·  Proficient knowledge of Sanctions risk, Export control breaches, Screening and Payment transparency in the financial services industry.
·  Working experience of how controls associated with Sanctions risk mitigate FC (Financial Crime) Risk and the various underpinning activities.
·  Understanding of how controls address the underlying FC (Financial Crime) Risk and associated aspects forming the overall Risk Management framework.
·  Excellent communication and inter-personal skills, with experience of dealing with stakeholders  including the capacity to articulate the case for risk management.
·  Experience of interpreting and analysing 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.
·  Experience in leading a team / group of individuals is desirable

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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