Sanctions Alert Investigations Analyst

Job description

The Sanctions Alert Investigations Analyst role is based within Legal & Compliance.

The role holder is a member of the Sanctions Alert Investigation team responsible for:

The role holder will investigate Level 3 Sanctions alerts for Customer, Transactions or Trade activity. Their role is to determine whether the alert is a True Match or a False Positive by following the Global Standards for L3 Sanctions Alert investigation. Alert investigations must be completed within agreed deadlines.

The role holder will be responsible for the co-ordination and management of activities carried out by less experienced members of the team. This could include management of name screening alerts, requests for information and production of management information or other activities as directed by the Alert Investigation Lead.

The role holder is responsible for the accurate recording of all decisions taken and escalation of all True Matches to the relevant Country Sanctions Officer made either by themselves or team members working under their guidance.

The role holder is responsible for accurate and timely recording of information required to produce ongoing Operational and Strategic Management Information (MI).

This is fast growing environment and a specialist team with lots of dynamics to it. The European Sanctions team are creating a World's best-practice Sanctions team and this is the opportunity to be part of that journey.
The diversity of the role covers so many strands of the business. The role is challenging and provides the opportunity for individuals to develop a broad range of capabilities in the effective management of sanctions risk across the European region.
This role is about 'protecting the bank' through the timely and effective management of sanctions risk.
HSBC provides a substantial opportunity for capable people to move within the Bank. Good performance is well rewarded and those who excel are sought out for further development.

There will be on the job coaching and training and opportunities to gain formal qualifications as part of ongoing development as well as networking events, monthly social gathering with the wider team.

Your responsibilities will include:
·  following Global Standards on the decision making of False Positives and Potential True Matches that have reached Level 3
·  coaching and mentoring less experienced members of the team
·  effective supporting the Sanctions Alert investigations Lead's in the achievement of their management responsibilities
·  co-ordinating and managing the response to requests for information from any internal / external teams carrying out reviews of the (Centre of Excellence) CoE e.g. Compliance Monitoring & Testing
·  ensuring that all work is completed within agreed timescales, with appropriate escalation and mitigating actions for items falling outside of agreed timings

Desired profile

The ideal candidate for this role will have:
·  relevant product knowledge including knowledge of Knowledge of banking products and services
·  experience working in relevant environment/s, i.e. Risk professional with experience in one or more risk compliance roles, to include Sanctions experience,
·  experience working in relevant market/context, i.e. Knowledge of Sanctions regulations / guidance and their application to Sanctions alert investigation
·  past working experience in a relevant role, i.e. Experience within the financial services industry fulfilling a sanctions investigation role
·  experience of using relevant software packages, i.e. Microsoft office applications (Word, Excel), Open source investigations
·  past working experience on relevant systems, i.e. Fircosoft, Norkom, SWIFT, Worldcheck is desirable but not essential
·  a track record of gaining an understanding of customers' needs and delivering excellent customer service
·  achieved targets and met expectations whilst supporting and encouraging others to do the same
·  both spoken and written communication skills with experience of adapting your style and approach to the audience and message to be delivered
·  experience of planning and prioritising their own time effectively, aware of their responsibilities and committed to delivering these efficiently
·  the ability to understand and interpret straightforward financial data
·  a comprehensive understanding of the regulatory frameworks and compliance requirements associated with financial services and experience of working within these
·  experience of building effective customer relationships which create customer advocacy
The base location for this role is 6 Lochside Avenue Edinburgh Park Edinburgh EH12 9DJ.

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.