Financial Crime Risk Steward

Job description

Job description

Being part of HSBC in Switzerland, you’ll help evolve and grow our business.

As part of the Second Line of Defense (2LoD), the role will consist of setting policy, give advice and provide independent challenge in the main areas of Financial Crime Risk, including Money Laundering, Tax Evasion, Fraud, Sanctions and AB&C. The person covering this role is expected to act as Subject Matter Expert and oversee and assess the risk management activities carried out by the First Line. 

Are you interested ? Do you have proven knowledge of and experience in applying legal and regulatory financial crime compliance requirements ? Do you enjoy to be part of a cohesive team ?

If you answered yes to any of these questions, we want to hear from you !

What you will do:

·  The incumbent will assist the first line of defense (1LoD) functions such as Relationship Managers (RMs), Business Management, Client Lifecycle Management team (CLM) BRCM to meet applicable laws and regulations, internal standards and Group policies with respect to money laundering deterrence, prevention and detection
·  Provide support to the Head of FC Risk Stewardship and Chief Compliance Officer when and where required

In this role you will:

·  Efficiently and regularly cooperate with the Front office and other stakeholders in order to spread Compliance culture, enforce Compliance requirements and respect the Front office business objectives according to the FC risk appetite framework of the Group and the Bank

·  Perform at all times an adequate follow-up of the tasks in order to escalate potential issues in a timely manner

Impact on the Business

·  Review policies, procedures and desk instruction manuals to ensure they are in line with legal regulatory requirements, Group policies and procedures and specific Group Private Banking requirements

·  Provide guidance and respond to the first line of defense on matters related to FC

·  Respond to requests received by the bank from third parties on matters related to FC

·  Participate where required in the affiliate Review process of Banks

·  Prepare Training material and conduct the training sessions on all FC related matters and topics

·  Review and if appropriate concur on account opening requests and reclassification to ensure compliance with the local regulatory requirements as well as with the Group standards with respect to internal KYC policy (quality and depth), in particular:

·  Conduct plausibility checks of the KYC profile prepared by the RMs and CLM

·  Ensure corroboration information provided by the RMs and the checks performed by CLM

Requirements

·  Proven knowledge of and experience in applying legal and regulatory financial crime compliance requirement

·  Advanced understanding of Private Banking business with practical experience in Compliance, Audit or Operational Risk area

·  Team player who can build relationships within and outside the Compliance function

·  Organizational skills

·  Analytical, well-informed and creative approach to problem-solving ability to work independently and to the highest level of accuracy and accountability

·  Computer and IT systems literate, good communication and writing skills

·  Ability to work under pressure

·  Knowledge of the Asian market is a plus

·  Strong knowledge of sanctions is a plus

·  Fluent in English (written and spoken). Further language skills are a plus – French, German, Arabic, Greek, Mandarin are preferred

·  Due to immigration restrictions in Switzerland we will only be able to consider applications from Swiss or EU citizens or from candidates holding a valid Swiss work permit

Even if you feel you do not meet 100% of our qualifications, we encourage you to apply, if you believe this role is right for you.

 

What you’ll get in return:

Not only is HSBC a great place to work, but we also offer the following unique and exciting opportunities and benefits:

·  We’ll help you progress your career, including access to development programmes, mentoring and coaching, as well as world-class training through HSBC University.
·  You can work your way and will have a say in when, where and how you and your team flexibly work together.

Our benefits will give you financial security, and can includ e:

·  Health & meal allowance, public transport or (e-)bike allowance
·  Our family-focused benefits can help you to support your loved ones and include: days off for key events (weddings, moving house, adoption). A one-time marriage or registering of a "Civil Partnership" grant. One-time premium for birth or adoption, as "gift" or "voucher. 4 weeks’ paternity leave & 26 weeks’ maternity leave
·  Emergency Childcare with the Red Cross, free of charges for HSBC employees.
·  Purchased holidays scheme, unpaid leave, sabbatical, Volunteering Leave,
·  Accident insurance (private coverage) paid by the Employer, attractive Pension Scheme

We’ll give you a huge range of resources that support your mental, physical and social well-being, including:

·  Various sports and leisure activities organised by the employees for the employees.
·  The Bank offers to the employees and their family members specialised free, confidential service to help them deal with any personal problems – either at work or at home. Unlimited telephone consultations services available 24/7.
·  You’ll have opportunities to work internationally - this can be your place to start and branch out to anywhere we have offices
·  You’ll be able to join our Employee Resource Groups that bring together colleagues with shared characteristics and common interests.

HSBC has been certified “Top Employer 2025” in Switzerland. This recognition from the Top Employers Institute rewards our HR practices and recognises HSBC as an HR Leader in Switzerland.

 

At HSBC, our purpose is opening up a world of opportunity and by joining our team, you can be part of something bigger. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible.

As a business operating in markets all around the world, we believe diversity brings benefits for our customers, our business and our people. This is why HSBC is committed to being an inclusive employer and encourages applications from all suitably qualified applicants irrespective of ethnicity, religion, age, physical or mental disability/long term health condition, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by local law in the jurisdictions in which we operate. Within the work place you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions. HSBC has in place processes in order to avoid nepotism, which means to avoid creating circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.

 

HSBC is a signatory company of the Advance Charter. This Charter is a commitment towards gender equality in business and hence a workplace environment that supports a fair and balanced approach to hiring, remunerating, promoting and retaining female talent.

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best.

If you have a need that requires accommodations or changes during the recruitment process, please let us know.

HSBC is 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. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Within HSBC in Switzerland all internal candidates from Group and external applicants are required (subject to local laws), to pass satisfactorily a series of additional checks both as part of the application process and, if successfully recruited into the role. The 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 first carried out as part of this recruitment exercise, and/or if relevant, on an ongoing basis.

 

For further information on building your career at HSBC, please visit:  www.hsbc.com/careers