Offers “HSBC”

Expires soon HSBC

Head Of Anti Money Laundering Operations

  • Graduate job
  • London (Greater London)
  • Legal

Job description

Role Title: Head of Anti Money Laundering Operations
Business: Global Risk
New or Existing Role? New
 
Role Purpose


Establish and maintain a Group wide program for AML Operations relevant to FCC, across ALL functional domains of AML and across all regions including the Americas, Middle East and North Africa (“MENA”), Europe and Asia Pacific. This is a new role so the job holder will need  to produce a terms of reference to establish roles and responsibilities across the Group and define how the infrastructure will work in terms of sharing information, knowledge and instructions globally

Accountable for leading key AML initiatives within the FCC Operations process against a consistent, Global framework of compliance standards such as; policy changes that impact the business, and training programmes

Monitor program and project activity within AML by attending Global and Regional Compliance and Risk Committees, bring that information back to Compliance Operations producing summary information that clearly explains the impacts and activities required within FCC Operations from a people or systems prospective

Ensure FCC Operations risk and issues are on the agenda and articulated effectively at AML Group and Regional committee meetings, acting as the voice up and down the communication flows, being the eyes and ears to ensure issues are raised and followed through to compulsion and that success is equally reported

Feed AML Operations information and knowledge to various FCC SMEs, Project or Program leads to aid understanding of how Global AML initiatives can be embedded successfully within Operations following both the letter and the spirit of the relevant regulatory requirements and Global Standards.

Deputise for the Global Head of Operations, as an advisor of AML risk issues that are referred to the Group Compliance function or at board meetings as required
 
 
 
Key Accountabilities
Impact on the Business/Function


Develop, drive and implement best practice in respect of communication between the AML Operations team / all Business lines and the various Program manager activities (specifically in respect of AML)

Ensure that the Global Business exposure to regulatory and reputational risks is managed, in a commercially sensitive, practical and cost effective manner

Describe the relevant accountabilities as set out in the Group AML standards framework so that they are understood within the FCC and RC Operations function

Assist the Head of Group AML & Group MLRO and other Aml heads in managing all material AML and reputational issues involving the Group that arise that would have an impact on Operations.
 
 
 
Customers / Stakeholders


Use expertise and experience to drive the direction of any functional/geographic reports or the Global Business FCC function, as appropriate.

Support the Head or FCC and RC Operations/Head of Group FCC & Group MLRO in the provision of reports on a Group wide basis to the on AML and reputational matters from a Compliance Operations perspective.

Ensure consistency in communication so that directional advice is clear and concise when discussing AML/Compliance Operations to a wider or stakeholder audience.
 
 
Leadership & Teamwork


Assist in development, setting and deliver of the strategy for Global Business AML function. 

Work effectively with functional reports, Global AML Function, Global Business CRO, Global Business CEO, other AML business line and regional AML heads to ensure consistency across the AML functions. 

Lead by example, demonstrating core behaviours and values including teamwork, focus, drive and determination

Provide assistance to develop, set and deliver the AML overall strategy.

Support Head of Compliance Operations
 
 
Operational Effectiveness & Control


Provide solutions to complex global issues/initiatives in an ever changing, high-risk environment.

Be a point to person for issues of concern in respect of FCC Compliance Operations

Support the Department head by developing and delivery of the FCC and RC Operations Strategy as necessary.
 
 
Major Challenges


To take the complexity of the regulations on the one hand, and the diversity of business and geographies within both the Group as a whole, and achieve a balance between the demands of the regulators, external bodies and governmental initiatives and the Group’s shareholders and customers; being alive to the political, management, operational, regulatory and reputational implications of particular decisions and courses of action; assisting senior management in development of controls and systems and influencing the way in which business is conducted in order to manage these risks.

This is a new role; defining and gaining agreement to having AML Compliance Operations on the agenda at all levels of the business will be critical to ensuring that the upward and downward communication of issues is working well to aid debate and action.
 
 
Role Context


Leadership role - The jobholder is required to work with considerable autonomy, dealing with major issues for which there is no clear cut solution while still being able to provide judgement and clear direction. The nature of the role requires close working contact with senior executives in AML and across the Group, but particularly the FCC & AML Heads.
 
 
Role Dimensions


The jobholder’s responsibilities cover all of the AML responsibilities across all regions including the Americas, MENA, Europe and Asia Pacific in relations to Compliance Operations

The jobholder is responsible for the AML element of the overall annual budget.
 
 
Management of Risk


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 Financial Crime Compliance policy by containing compliance risk in liaison with Business heads, 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.
 
 
Observation of Internal Controls


Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.

Jobholder is an ‘insider’ for dealing purposes and subject to strict controls and confidentiality.

Jobholder is required to manage AML responses to adverse Compliance metrics, including unsatisfactory AML Reviews and Audit reports.

Desired profile

Knowledge & Experience / Qualifications


Understand FCC Compliance Operation systems (CAMP/WOLF/WOLF HIE/SCDM/SCION/NORKON)

Experience in a senior risk compliance roles, ideally to include senior leadership elements.

Knowledge of AML policy.

Extensive knowledge of the HSBC Group structure, its business and personnel, and a deep understanding of HSBC’s corporate culture.

Significant experience in the financial services industry.

Lateral thinker with an ability to interpret and solve complex issues.

Well developed leadership skills.

Excellent communicator with strong inter-personal and influencing skills.

Experience developing an assurance model and developing/leading a review team.

Experience in a global programme/assurance work in a complementary discipline.
 
 
 
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.

About HSBC

HSBC est l’une des plus grandes banques internationales avec une présence dans plus de 85 pays dans le monde. Elle a été créée en 1865 sous le nom de « The Hongkong and Shanghai Banking Corporation », et son siège social est basé à Londres. En France, HSBC totalise environ 400 agences et près de 10 000 salariés, avec une spécialisation dans plusieurs activités : une banque pour les particuliers, spécialisées notamment dans la gestion de patrimoine, une banque privée (gestion de fortune), une banque d’entreprises, qui s’appuie sur le réseau de l’ensemble du groupe HSBC dans le monde, et une banque de financement, d’investissement et de marchés. En 2012, HSBC France a réalisé un résultat avant impôt de 450 millions d’euros.

Make every future a success.
  • Job directory
  • Business directory