RBWM FCC Assistant Manager

Job description

Some careers shine brighter than others.

Something new and exciting is happening at HSBC. We are separating our retail bank from our investment bank and creating HSBC UK, with a brand new state-of-the-art head office in Birmingham. The move is a big step, and will take us one step closer to achieving our ambition to be the bank of choice in the UK. However, the move to Birmingham doesn't just represent a new dawn for our business. It's also an exciting opportunity for ambitious professionals who are keen to get involved in a unique challenge and progress their careers. We're looking for individuals who are motivated to grow and shape the UK bank, and who will thrive in a flexible working culture within a dynamic and diverse office environment, making the most of what Birmingham has to offer.

The RBWM FCC Assistant Manager role is based within our Retail Banking and Wealth Management (RBWM) Financial Crime Compliance Team.

The role of the RBWM FCC Assistant Manager is to act as a focal point for HSBC Bank plc (HBEU) and its other UK subsidiaries and businesses to assist management to comply with the requirements of the UK Financial Crime Compliance regime and the Group's Financial Crime Compliance (FCC) policies.

Your responsibilities will include:
· As part of the Financial Crime Compliance team, to act as a focal point, providing FCC guidance and advice.
· In conjunction with other FCC Functions, to ensure changes arising from new or amended sanctions regimes are disseminated and incorporated into business processes and procedures.
· To assist the Senior FCC Manager to disseminate changes arising from new or amended FCC regulatory and Group policy requirements and ensure business processes and procedures are updated appropriately.
· To proactively assist in identifying and containing FCC risk.
· To support FCC Management in the evaluation and implementation of relevant Anti Money Laundering (AML) related processes in respect of business driven projects. Provide support to ad hoc projects.
· To oversee Special Category of Client (SCC) sign off processes.
· To proactively assist in the fostering of a compliance culture across multiple entities.
· To collate and previse periodic Key Performance Indicators (KPIs) from across UK Bank
· To provide advice, guidance and support to the UK businesses on FCC regulatory requirements and related HSBC Group policies.
· To provide advice, guidance and support to the SCC Team and other UK business areas responsible for the management of Special Categories of Clients (SCC) and High Risk (HR) customers.
· To assist all areas of Business Risk to manage risks across the Bank.
· To work with the Global Standards teams to bring new policies and procedures in line with agreed timelines.
· As part of a team to promote best practice in regulatory risk management and reporting across UK businesses.
· To discharge the Compliance Officer accountabilities set out in the Compliance Officer Handbook by proactively assisting management in identifying and containing compliance risk; monitoring, reporting and certification; fostering a compliance culture and optimizing relations with Regulators.
· To ensure compliance with all relevant internal and external rules, regulations, and procedures that apply to the conduct of the business in which you are involved.

Heads of Business and Senior Management in RBWM:
· Global RBWM FCC
· Regional RBWM FCC
· AMLi
· FCC Anti-Bribery and Corruption (ABC) Team
· FCC Sanctions Team
· Client Selection and Exit Mechanism (CSEM) Secretariat
· SCC Team
· Commercial Banking (CMB) FCC

Desired profile

Qualifications :

The ideal candidate for this role will have:
·  Relevant product knowledge including knowledge of Retail Banking
·  Experience working in relevant environment/s, i.e. Financial Crime Compliance, Risk
·  Past working experience in a relevant role, i.e. FCC or Risk Management
·  Experience working in relevant market/context, i.e. UK or Europe is desirable but not essential
·  Both spoken and written communication skills with experience of adapting your style and approach to the audience and message to be delivered
·  Experience of making prompt and practical business decision, even in times of ambiguity, considering various perspectives and taking responsibility for outcomes
·  Experience of planning and prioritising their own time effectively, aware of their responsibilities and committed to delivering these efficiently
·  Supported project teams/managers, showing an understanding of the basic principles of project management
·  A comprehensive understanding of risk management and proven experience of ensuring own/others' compliance with relevant regulatory processes
The base location for this role is Birmingham.

We are required by the Financial Services (Banking Reform) Act 2013 to create a ring-fenced bank in the UK by 1 January 2019. Entirely new from the ground up, HSBC UK's head office is opening in Birmingham. The location of this role will move to our new state of the art offices at 2 Arena Central during 2018.

At HSBC we look to enable our employees to better balance their work / life priorities and have the flexibility required to meet challenging needs as they progress through different life stages. Where possible we will consider the following flexible working options: part-time working, job sharing, term-time working, working from home and staggered hours. If in considering a role with HSBC you have a need for some flexibility in your working arrangements please discuss this with the recruitment team in the early stages of the application process.

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 on-going basis.

This role has been designated as a Enhanced Vetting Role.

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.

At HSBC we look to enable our employees to better balance their work / life priorities and have the flexibility required to meet challenging needs as they progress through different life stages. Where possible we will consider the following flexible working options: part-time working, job sharing, term-time working, working from home and staggered hours. If in considering a role with HSBC you have a need for some flexibility in your working arrangements please discuss this with the recruitment team in the early stages of the application process.

Key search words: FCC, Financial Crime Compliance, CDD, reporting, compliance, SCC, special category, AML, anti money laundering