Manager, Financial Crime Risk Management Framework

Who is HSBC Innovation Banking?
HSBC Innovation Banking is the power behind the UK’s forward-thinkers, future-makers, and leap-takers, helping them ignite the bold ideas that reshape our world. We offer flexible banking solutions for start-ups, scale-ups, growth businesses, investors and those working towards IPO typically within the technology and life science sectors. 
 
Whether it’s comprehensive banking, managing cashflow, plans for buyouts or Strategic Fund Solutions, we power ideas at every stage of their journey. From the first-time founders to the funds that back them, and everything in between. We're proud to accelerate growth for our clients, create meaningful connections and communities, and open a world of global opportunity for entrepreneurs and investors alike.  
 
Here’s to never standing still. Come and join us!

The team you’ll work with:
The HSBC Innovation Bank UK, Financial Crime Risk & Controls (FCRC) team is a First Line of Defence (FLOD) team responsible for identifying, investigating and monitoring relationships that pose a money laundering or terrorist financing risk in support of all legal and regulatory requirements relating to anti-money laundering (AML) and counter terrorism financing. 

The FCRC team also has responsibility for reviewing and assessing sanctions and reputational risk considerations for both existing clients and new prospects, and the role will support the strategic build out of the FCRC team to undertake AML, Sanctions, PEP and Adverse Media risk assessment including screening, alert management, transaction monitoring activities and identification of suspicious activity.

The value you’ll add: 
Reporting to the Senior Director, FCRC the Manager, Financial Crime Risk Management Framework will be primarily responsible for partnering with operational, functional and change teams to support the identification, documentation, management and reporting of Financial Crime Risks and controls. The successful candidate will work collaboratively across HSBC Innovation Bank with stakeholders at various levels from multiple functions, also interfacing with teams across the wider HSBC group, to drive/enhance the overall control agenda.

What you can expect to be doing: 

• Support all aspects of the Financial Crime Risk Management Framework for the business, functional and change teams to which they are aligned.
• Lead work with the FLOD teams to deliver Financial Crime Risk and Control Assessments (RCAs) and drive remediation actions in response to risk events, issues, and assessment of control effectiveness.
• Lead the FLOD Financial Crime quality assurance approach and maintain a strong partnership with the SLOD to ensure an effective oversight model
• Ensure Financial Crime systems and supporting processes are operating efficiently and recommend enhancements where required.
• Have experience of managing a diverse workload of Financial Crime activities and be responsible for the maintenance of key operating instructions
• Act as trusted advisor for the FLOD on how to manage Financial Crime Risk 
• Undertaking control environment reviews to identify thematic issues and supporting the development of associated remediation plans.
• Provide Financial Crime Risk Management training as appropriate, working closely with the FCRC Governance, Assurance & Reporting team and Second Line of Defence (SLOD) UK Financial Crime team to drive clear accountability for Financial Crime Risk Management.
• Support the production of first line risk and controls MI and help the FLOD to interpret and act based on that MI.
• Work with the wider Controls function to develop and enhance risk and control KRIs, KPIs and reporting mechanisms.
• Use analytical skills to understand the themes within the control environment to drive insight and recommendations for control improvement. 
• Coordinate and liaise with HSBC teams, being their HSBC Innovation Bank UK point of contact for controls for areas within their remit.

Requirements

The experience you need:

• Experience in banking, investment, Risk Management or audit experience with demonstrated ability to operate across diverse business units, innovative product sets and a broad array of customer segments.
• Strong experience in Financial CrimeRisk Management roles within the financial services industry including development and monitoring of compliance management processes.
• Proven stakeholder management and committee representation as a Financial Crime Subject Matter Expert
• Demonstrates strong knowledge of Financial Crimes risks and the prevention and mitigation processes and controls.
• Strong knowledge of control frameworks and the ability to design and assess compliance programs and evaluate effectiveness of controls embedded within business processes.
• Strong understanding of the compliance and regulatory frameworks that apply to financial institutions regulated by the FCA and PRA in the UK.
• Ability to work independently, take initiative and have strong verbal and written communication skills.
• Ideally should possess a professional degree in Financial Crime Prevention (such as ICA or ACAMS) and preferably wider Risk & Compliance certifications.

Location
Where you’ll be based:  
Our home office in Finsbury Square, London. We offer hybrid working to all of our employees, so you can flex between home and the office. 
 
Equal Employment Opportunity 
HSBC Innovation Banking is an equal opportunities employer. We support inclusive practices within our assessment process. If you need any specific support, please highlight to your Recruiter or via your application.