FIU Analyst, Client Intelligence

Job description

Role Title: FIU Analyst, Client Intelligence
Business: Shared Service, FCC and Security and Fraud Risk
New or Existing Role? Existing
 
Role Purpose
To contribute to the development of a best-in-industry client intelligence capability within a Financial Intelligence Unit, enabling HSBC to more effectively detect financial crime activity within all customer portfolios.
The role will involve:
Using innovative, industry-first systems to undertake qualitative analyses of our most significant banking client relationships to identify intelligence on financial crime risks.
The role holder will serve as a point of accountability for research, analysis and some intelligence management for reputational and financial crime risk enquiries, associated with HSBC’s dealings in Europe 
The role holder is expected to conduct research and to provide analytical overlay to basic research findings, drawing upon specific country expertise, and research financial crime, reputational and political issues using English and other language materials, where appropriate
The role holder will also provide input to aid ongoing development of the systems in use within FIU
 
 
Key Accountabilities
Impact on the Business
The provision of timely and reliable intelligence on potential financial crime risks to improve risk management decisions across all lines of business
Key point of accountability for provision of analytical component of FIU (CI)’s enquiries in Europe
Conducting in-depth Client Intelligence research and analysis on persons and entities in Europe
Reporting research and analytical findings to Functional and Entity Managers
Maintenance of multiple enquiries at any one time, often under considerable deadline pressure due to transactional requirements across HSBC global business lines.
Close liaison with Entity and Line Managers, as required, in the course of research and analytical activities
 
 
Customers / Stakeholders
Manage a diverse set of stakeholders in order to achieve the overarching objectives, including:
FIU colleagues, across all FIU functions
Colleagues in all business lines, as required by commission
Colleagues in FIU Europe
 
 
Leadership & Teamwork
Work effectively as part of a dynamic team including taking on unfamiliar/difficult tasks when necessary
Provides training for junior/new FIU (CI) staff
Maintains analytical standards for all FIU (CI) analyst work
 
 
Operational Effectiveness & Control
Adherence to operational controls, as outlined in procedures and policies to ensure risks are identified and managed
Contribution to processes for building management information (MI)
Provision of ongoing input to aid development of the system
In-depth FIU (CI) research and analytical capability for Europe
Supports change and global growth within team
Suggests initiatives for better working
Maintains control over departmental best practices in analyst function
 
 
Major Challenges
Working in a new and developing department and using technology without precedence in the wholesale banking environment
Rapidly and accurately understanding complex business structures and the potential financial crime risks inherent within them
Developing a large body of contextual knowledge on wholesale banking sectors and the specific financial crime risks associated with them
Constructing accurate, succinct and persuasive summaries of the financial crime risks
Identifying and driving enhancements to the systems and business processes to drive greater operational effectiveness and increase the return on investment
 
 
 
Role Context
The role is in a new department so the post holder must be able to work comfortably within a fluid and developing framework. The role holder will be expected to demonstrate considerable entrepreneurial spirit in identifying and realising opportunities to improve the management of financial crime risk across wholesale banking. The role holder will be subject to sensitive, and therefore risky, information and must exercise sound judgement in protecting it and must adhere to all relevant rules and regulations.
S/he must be interested in, and knowledgeable about, the issues covered in the research effort – senior managers and decision makers will base important business decisions on the research product, hence the need for expertise in the field. The role holder must demonstrate clear analytical capability. 
 
 
 
Role Dimensions
Due to the nature of the role there is limited direct financial responsibility. However, the largest financial crime events in the wholesale banking environment have the potential to result in large losses, so the indirect financial impact of the role is highly significant.
 
 
Management of Risk
The role itself involves risk management and the role holder must show strong leadership in this area by continually reassessing the operational risks associated with the role, taking account of changing economic, legal, technological and regulatory environments and adhering to all procedures and practices.
 
 
Observation of Internal Controls
The jobholder must adhere to all relevant internal controls and should be able to demonstrate a flawless track record in this area.
The jobholder will also adhere to and be able to demonstrate adherence to internal controls. This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators.
The jobholder will implement the Group compliance policy by containing compliance risk in liaison with Global Head of Compliance, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer. The term ‘compliance’ embraces all relevant financial services laws, rules and codes with which the business has to comply.
This will be achieved by adhering to all relevant processes/procedures and by liaising with Compliance department about new business initiatives at the earliest opportunity. Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimising relations with regulators.

Desired profile

Knowledge & Experience / Qualifications
Qualifications
Education to degree level or above
 
Experience / Skills
Outstanding analytical (qualitative), investigative and problem-solving skills
Demonstrable aptitude for analysing complex, multi-faceted banking relationships
A keen interest in business and current affairs, including financial crime
Resourceful, creative and inquisitive approach to highly complex tasks
Excellent written and verbal communication skills, with meticulous attention to detail
The ability to undertake comparative assessments of multiple competing hypotheses
Strong team player with leadership potential
Highly motivated, entrepreneurial and autonomous
Robust, accountable and independent
Fluent English and other European language
Verifiable in-depth knowledge of Europe business
Demonstrable interest in, and knowledge of Europe social and political issues.
Evidence of ability to work unsupervised, where necessary.
 
(Desirable) Experience/knowledge of wholesale banking
(Desirable) Experience of intelligence analytics/enquiries
(Desirable) Experience of IT development and data modelling
 
 
 
 
 
 
 
Within HSBC certain roles are designated as Enhanced Vetting Roles. For these roles, all internal 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 Enhanced Vetting role, on an on going basis. 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.
This role has been designated as a Enhanced Vetting Role.
For more information about the relevant additional checks for this role please contact the hiring manager
 
 
 
 
We are an equal opportunity employer and are committed to creating a diverse environment.