Offers “HSBC”

Expires soon HSBC

Product Owner - Screening Systems

  • Internship
  • Edinburgh (City of Edinburgh)

Job description



Role Title: Product Owner - Screening Systems

Business: Compliance
New or Existing Role- New
Grade: GCB5

Role Purpose
· The Compliance function is a Second line of defence (LOD) function, responsible for reviewing and challenging the activities of the Group's businesses (also referred to as “the First LOD”) to ensure that they effectively manage as “Risk Owners” the Regulatory and Financial Crime Compliance risks inherent in or arising from the conduct of their activities and for which they are responsible. The Second LOD consists of 'Risk Stewards' who are independent of the commercial risk-taking activities undertaken by the First LOD. The Compliance function is a Risk Steward for a number of non-financial risks in accordance with HSBC Group's risk framework.
· The COO office plays a role in enabling the efficient and effective running of Compliance by serving as trusted partners to the Chief Compliance Officers and other Group Capabilities.
· The Product Management team ensures that essential systems and data are available to enable Compliance to conduct effective and efficient investigations and analytics. The team is proactive and future-looking, shaping financial crime technology and promoting its adoption across Compliance.
· The role holder will be responsible for the identification, analysis and implementation of requirements for new capabilities used by Compliance to assess and analyse financial crime and reputational risk for all of the Bank's clients. This will require close and productive working relationships with the IT development team and analysts, and skilled relationship management with both internal system owners and external data vendors.
· The role may require occasional nationwide or overseas travel.


Key Accountabilities
Impact on the Business
· Develop specialist knowledge of the product management process to support all new project and enhancement requests within the overall COO and Compliance objectives.
· Gather relevant data, costs and requirements to enable accurate and balanced decisions to be made.
· Ensure requirements are communicated clearly, consistently and software delivery, operations and functional colleagues at all levels.
· Be pro-active and seek opportunities to improve the system usage by engaging with all relevant stakeholders and subject matter experts in a collaborative manner.
· Demonstrating product capabilities to new and existing users and conducting training as required.
· May be required to augment software testing capabilities as necessary.

Customers / Stakeholders
· Build networks and manage day-to-day relationships with all staff on technology related matters in Risk and Business.
· Collate requests from business and risk for intelligence or opportunities to leverage Compliance technology and data to help in the prioritisation process.
· Strengthen and broaden internal relationships with global functions, lines of business, regions, and countries who directly benefit from or interact with Compliance systems, including:
· Regional Product Management colleagues
· Compliance managers and lead users
· Compliance stakeholders
· Software delivery and operations colleagues
· Lines of business stakeholders

Leadership & Teamwork
· Provides support and direction at a global level and support at a regional level to the deployment of systems within Compliance.
· Establish and promote a learning culture focused on open feedback and continuous improvement.
· Pro-active and supportive of colleagues and able to demonstrate imitative and a logical approach to solving business issues.
· Develop and share knowledge across the function.

Operational Effectiveness & Control
· Ensure business and regulatory implications of system design and operation are proactively anticipated, considered and communicated throughout the lifecycle.
· Establish manual and automated technical processes to ensure and evidence rigorous adherence to Group policies and management of operational risk.
· Develop and present options to implement controls whilst retaining full benefit from investment in systems.
· Maintain sound understanding of key threats and system vulnerabilities and engage proactively with risk stewards to mitigate the impact of compromise.

Major Challenges
· Identifying and driving enhancements to Product Management capabilities to drive greater global operational effectiveness and increase the return on investment.
· Developing and maintaining strong and productive relationships with a diverse set of customers and stakeholders.
· Using the technical and business knowledge to formulate actionable solutions to problems or identify new opportunities to enhance the system.
· Rapidly developing an accurate understanding of highly complex intelligence, analytics and case management tools, including multiple data feeds.
· Developing a large body of contextual knowledge on banking sectors and the associated specific financial crime risks.

Role Context
· The role holder will be expected to demonstrate considerable entrepreneurial spirit to obtain the necessary knowledge and identify and realise opportunities.
· The role holder will have access to highly sensitive information and must exercise sound judgement in protecting it whilst adhering to all relevant rules and regulations.
· The role holder will be required to work with team members in multiple jurisdictions and time zones.
· The role holder will be expected to identify problems or opportunities to drive greater global operational effectiveness and increase the return on investment.
· The role holder will be expected to develop a large body of contextual knowledge on Business processes and procedures for Sanctions, AML, Global Exits and AB&C.

Role Dimensions
· Due to the nature of the role there is limited direct financial responsibility. However, the largest fraud/financial crime events in the banking environment have the potential to result in losses of billions of dollars, so the indirect financial impact of the role is highly significant.

Management 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 role holder must adhere to all relevant internal controls and should be able to demonstrate a flawless track record in this area.

Desired profile



Qualifications :

Knowledge & Experience / Qualifications

·  Screening Systems is a pillar within Product Management, responsible for the management of both Name Screening and Transaction Screening products. Responsibilities include existing product maintenance, identifying areas for improvement and proposing solutions, identifying new technologies and ultimately owning the product roadmap. This role is primarily for Name Screening although some crossover may be required.

Knowledge
·  Strong knowledge of the external and internal Sanctions, Global Exits, AML and AB&C environments.
·  Business analysis experience, requirements gathering and design techniques.
·  Change management and implementation management techniques and approaches.
·  Knowledge of Agile development methodologies.

E xperience
·  Worked within the Sanctions and/or AML space of a large financial institution.
·  Proven track record as an outstanding analyst
·  Extensive experience gathering requirements and conducting design activity, with a mix of business, operations and technology focused projects
·  Excellent decision making and problem solving ability
·  Sound judgmental skills to identify and resolve problems
·  Proven ability to work across regions whilst maintaining a global perspective
·  Previous exposure to screening products/systems or processes.
·  Proven capability for in-depth review and analysis tracking across interconnected business areas.
·  Strong experience of proposing change to different audiences
·  Effective communication, inter-personal and negotiating skills
·  General financial services industry knowledge
·  Business Case development and Benefits Realisation
·  Change and Implementation Management
·  Proven ability to work with senior stakeholders and business sponsors

Capabilities
·  Business Analysis & Design
·  Business Case and Benefits Realisation
·  Process Re-engineering
·  Change and Implementation Management
·  Comfortable working as a part of a team and individually
·  Achieving Excellence
·  Delivery at Pace
·  Impactful communication, both written and verbal
·  Strong attention to detail
·  Stakeholder Management
·  Collaboration
·  Process Re-engineering
·  Excellent decision making and problem solving ability
·  Sound judgmental skills to identify and resolve problems
·  Proven ability to work across regions whilst maintaining a global perspective

Q ualifications and Accreditations
·  (Desirable) Degree in higher education

We are a diverse workforce and it is part of our organizational culture, it reflects our belief that diversity of thought, background and perspective make HSBC a stronger organization. We strive to implement a culture that is inclusive, diverse, positive and performance-oriented. Having a diverse workforce allows us to benefit from a variety of perspectives and strengthens our local and global competitiveness. We value diversity in our workforce and encourage all qualified candidates to apply from a variety of perspectives and strengthens our local and global competitiveness. We value diversity in our workforce and encourage all qualified candidates to apply.

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 background, circumstances, age, disability, gender identity, ethnicity, religion or belief and sexual orientation.

We want everyone to be able to fulfil their potential which is why we provide a range of flexible working arrangements and family friendly policies.

https://www.hsbc.co.uk/1/2/popups/uk-privacy-statement#/ overview

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