Posted 17 days ago
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Senior risk role within HSBC's International Wealth and Premier Banking (IWPB) business, reporting to the VP Business Financial Crime Risk and sitting in Client Risk Management / Fraud, Credit and Control Services. Responsible for interpreting group AML/sanctions policy, implementing local regulatory requirements, supervising daily control operations and ensuring control effectiveness. Coordinates with front-line channels and stakeholders for timely customer or regulator responses, manages Customer Selection and Exit Management triggers, and supports design and oversight of quality controls (EDD/CDD). Requires strong risk and control management experience, analytical mindset, attention to detail and effective communication skills.
- Compensation
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- City
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- Country
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Currency: Not specified
Full Job Description
International Wealth and Premier Banking (IWPB) is our new global business combining Retail Banking and Wealth Management; and Global Private Banking, to become one of the world’s largest global wealth managers with USD1.4 trillion in assets. Our dedicated colleagues serve millions of customers worldwide across the entire spectrum of private wealth, ranging from personal banking for individuals and families, through to business owners, investors and ultra-high-net-worth individuals. We provide products and services such as bank accounts, credit cards, personal loans and mortgages, as well as asset management, insurance, wealth management and private banking, that best suit our customers’ needs. ※ Applicants passing resume screening will be notified for interview and next steps. There will be no further notification or message for applicants either not qualifying for or not being selected for the position applied.
- IWPB Group Financial Crime Risk (particularly AML/Sanction) policies interpretation
- Local policy / regulatory requirement implementation
- Supervise daily control operations and the effectiveness of control
- Coordination and communication with frontlines/channels and stakeholders for timely response to the customers or regulator.
- Document and implement processes that meet the set out requirements to trigger Customers into the Customer Selection and Exit Management (CSEM) process where they pose potential Financial Crime Risk or are considered to be outside HSBC’s Risk Appetite
- Assisting the Business in designing QC as required to ensure policy requirements (e.g. EDD/CDD) are met
- Providing guidance on 1LoD quality control for EDD/CDD approvals
