Senior Manager, Financial Crime Wholesale Banking and Sanctions

Job description

Job description

Some career choices have more impact than others.

At HSBC we exist with the purpose of Opening up a World of Opportunity. We use our unique expertise, capabilities, breadth and perspectives to provide opportunities for our customers and colleagues through global connectivity. We bring together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.

As an HSBC employee in Australia, you’ll have access to tailored professional development opportunities, competitive pay, an embedded flexible working culture and a range of employee benefits. These include market-leading subsidised private health cover, enhanced parental pay and support when returning to work, subsidised banking products and services, bonus leave days and wellness programmes including discounted gym memberships.

The Financial Crime function is a Second line of defence function that includes ”Risk Stewards” who are independent of the commercial risk-taking activities undertaken by the Group’s businesses (also referred to as “the First line of defence”). These Risk Stewards are responsible for reviewing and challenging the activities of the the First lined of defence to ensure that, as “Risk Owners”, they effectively manage the Financial Crime risk inherent in, or arising from, the conduct of their activities and for which they are responsible. Financial Crime risk is a non-financial risk that includes fraud, money laundering, bribery and corruption, sanctions violations, terrorist financing, proliferation financing, export control violations and tax evasion. 

We are seeking a driven individual for the role of  Senior Manager, Financial Crime Wholesale Banking and Sanctions (Internal Title: Senior Manager, Financial Crime CMB (Commercial Banking), GBM (Global Banking and Markets) and Sanctions) who will be responsible for ensuring that HSBC’s operations in Australia and New Zealand are effective in identifying, managing, and mitigating Financial Crime, executing strong FC risk stewardship for the wholesale business, and responsible for managing sanctions risk entity-wide.

Key Responsibilities: 

·  Articulate financial crime risks for CMB, GBM, and global functions across Australia and New Zealand, and sanctions risk entity-wide
·  Lead the CMB and GBM financial crime risk stewardship function across Australia and New Zealand, including leveraging an offshore Centre of Excellence Risk Stewardship capability
·  Responsible for the oversight and management of Trade, Economic and Financial Sanctions
·  Perform the role of Country Sanctions Officer and responsible for ensuring country level compliance with the Global Sanctions Policy and applicable Country Sanctions regulation
·  Responsible for second line governance of financial crime risks exposure relevant to the role scope, providing analysis, reporting and governance to Australia and New Zealand
·  Leadership, coaching and development of high performance financial crime teams and functions
·  Foster a compliance culture, optimising relations with risk and control owners as well as representing the financial crime agenda up to the highest levels of the group’s governance

Requirements

To be successful in the role you will need: 

·  Experience as an Executive Manager/Senior Manager with Financial Crime Compliance or Sanctions exposure, ideally within a global firm in the financial service industry or the regulators
·  Qualification in risk or compliance or professional experience within risk or audit, a certification from International Compliance Association (ICA) or Association of Certified Anti-Money Laundering Specialist (ACAMS) is well regarded
·  Understanding of the Australian landscape in regards to key regulatory change initiatives and their impacts on businesses in relation to Financial Crime, with a specific awareness of key sanctions matters
·  Significant leadership experience and an ability to lead through change.
·  Ability to support decision making with sound reasoning, able to clearly articulate business regulatory implications of analysis and findings and develop practical cost effective solutions
·  Proven excellent communication and interpersonal skills, able to speak with all levels in the business including the executive committee.
·  Strong written communication skills, with a strength in drafting Executive Committee governance papers and regulator correspondence.
·  Organised, with the ability to deliver initiatives and projects on time.

We value different perspectives, we succeed together, collaborating across boundaries, we take responsibility, holding ourselves accountable to get things done. Through these values, HSBC is committed to building a culture where all employees are appreciated and respected and where opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow in an inclusive environment. Applications from First Nations peoples are encouraged.

Learn more about careers at HSBC Australia – https://www.hsbc.com/careers/where-we-hire/australia. 

Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website. Issued by HSBC Bank Australia Limited.  Please note that HSBC will we never communicate to applicants via non HSBC channels such as SMS, WhatsApp or Facebook so please be careful if anyone attempts to contact you via these channels.