Manager, Financial Crime Risk Management Framework - Hsbc Innovation Banking

Who are HSBC Innovation Banking?

We’re 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.

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. Here’s to never standing still. We're proud to accelerate growth for tech and life science businesses, create meaningful connections and open a world of global opportunity for entrepreneurs and investors alike.

The Role

The HSBC Innovation Bank (HINV) 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.
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 HINV with stakeholders at various levels from multiple functions, also interfacing with teams across the wider HSBC group, to drive/enhance the overall control agenda.

The Manager, Financial Crime Risk Management Framework will:

·       Support all aspects of the Financial Crime Risk Management Framework for the operational, functional and change teams to which they are aligned.

·       Lead work with the FLOD teams to deliver Financial Crime Risk and Control Assessments (RCAs).

·       Drive remediation actions in response to risk events, issues, and RCA control deficiencies.

·       Act as trusted advisor for the FLOD on how to manage their Financial Crime Risk and all items related.

·       Undertaking control environment reviews to identify thematic issues and supporting the development of associated remediation plans.

·       Liaising with the operational, functional and change teams to which they are aligned to ensure their data is accurate and up to date for risk reporting.

·       Providing 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.

·       Ensuring a strong partnership with the SLOD is in place, driving clear accountability for Risk Management.

·       Supporting the production of first line risk and controls MI and helping the FLOD to interpret and act based on that MI.

·       Working with the wider Controls function to develop and enhance risk and control KRIs, KPIs and reporting mechanisms.

·       Use analytical skills understand the themes within the control environment to drive insight and recommendations for control improvement. 

·       Coordination and liaising with HSBC teams, being their HINV point of contact for controls for areas within their remit.

The Expertise You Have

·       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 Crime risk 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.

·       Good time management and attention to detail are critical to this position.

·       Good analytical, research, organizational, and project management skills.

·       Strong individual contributor with the ability to work effectively as a team.

·       Flexibility in learning new topics, with a strong focus on managing change.

·       Ideally should possess a professional degree in Financial Crime Prevention (such as ICA or ACAMS) and preferably wider Risk & Compliance certifications.

The Skills You Bring

·       Collaborates with senior management, peer leaders, clients, committees and regulators.

·       Balances pace over perfection with a risk-based lens that separates the important from the trivial.

·       Strength of character to express opinions and challenge the status quo

The Value You Deliver

·       Regulatory Compliance – Support business leaders to ensure risk and controls are managed in accordance with the Financial Crime Risk Management Framework and ensuring that regulatory expectations are met.

·       Support New Business & Product Growth – Supporting business leaders in ensuring that the control environment adequately supports the growth agenda.

·       Communication & Metrics – Focus on improving compliance analytics, metrics, transparency and communications by using dashboards and business forums

LOCATION

London, UK - Hybrid

Equal Employment Opportunity

We know that some people may be put off from applying for a role if they don’t meet all elements of a job description. If you’re in this camp but think you can make a difference to our business, then why not give us a try?

We pride ourself on our approach to workforce flexibility. Talk to us about where, when and how you want to work which will enable you to bring your ‘A’ game to work

HSBC Innovation Banking is an equal opportunities employer. If you need adjustments for any part of the recruitment process, please contact us at hinv.ta@hsbc.com