HSBC (HSBC Global Service Centres / GSC India)·BFSI·1 month ago
1 month ago
Vice President, Financial Crime Advisory IWPB - Risk and Compliance
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What you'll do
- Partner with Retail Business, Local/Regional Compliance and Risk teams to drive implementation of new regulations in line with Group policies, enabling WPB business growth and initiatives.
- Provide clear regulatory and policy advice on WPB products, services and business initiatives to support safe, compliant delivery.
- Take a proactive approach to identifying Financial Crime Risk (FCR) changes and assessing potential impacts on SGH business models.
- Advise Retail Business on new initiatives/projects to manage and mitigate financial crime risks.
- Support the Head of AML/Head of Financial Crime IWPB, SGH in developing and continuously reviewing a framework to monitor financial crime developments affecting Singapore.
- Help drive regional and local regulatory change implementation plans, quantifying impacts and coordinating actions to address, manage and mitigate those impacts.
- Assist in implementing AML/CTF, proliferation financing, ABC, sanctions, tax transparency and anti-fraud policies/systems, ensuring practical, effective risk management and efficient resourcing aligned to business needs.
- Work with FCC/Investigations SMEs and perform QA sample checks on first line reviews, providing active challenge on FC controls/CCM; deliver FCC compliance training to business teams.
What they're looking for
- Degree-qualified with extensive FCC experience across AML/CFT, sanctions, fraud and AB&C, applying sound judgement to deliver AML/FCC projects.
- Strong working knowledge of MAS AML/CFT Notices and related guidance (guidelines, circulars, information papers), particularly for private banking and corporate trust businesses.
- Able to investigate and escalate incidents, assess regulatory impact, and produce high-quality reporting for regulators and governance forums.
- Confident in managing regulatory matters and interacting with regulators; knowledge of HKMA AML/CFT expectations is desirable.
- Strong risk and conduct mindset, able to challenge the business on risk assessments and adequacy of controls, translating risk policy into business-relevant language for senior stakeholders.
- Strong analytical capability to interpret large volumes of information/data and provide practical, cost-effective solutions and succinct management summaries; AML qualifications (e.g., ICA Diploma/ACAMS/IBF) are an advantage.
Nice to have
- Knowledge of HKMA AML/CFT expectations is desirable.
- AML qualifications (e.g., ICA Diploma/ACAMS/IBF) are an advantage.
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
Some careers have more impact than others.
If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
Risk and Compliance is a global function that brings together all aspects of regulatory and financial crime risk management. Acting as risk stewards, and incorporating a range of specialist teams, we work together with the business and leverage advanced technology to help HSBC navigate a complex regulatory landscape and embed a sustainable approach to compliance risk management that supports safe growth and ensures fair outcomes for clients. Compliance aspires to continuously raise the bar and set leading standards across the industry to help HSBC safeguard its customers and the communities within which it operates.
We are currently seeking a high calibre professional to join our team as a Vice President, Financial Crime Advisory IWPB.
In this role you will:
- Partner with Retail Business, Local/Regional Compliance and Risk teams to drive implementation of new regulations in line with Group policies, enabling WPB business growth and initiatives.
- Provide clear regulatory and policy advice on WPB products, services and business initiatives to support safe, compliant delivery.
- Take a proactive approach to identifying Financial Crime Risk (FCR) changes and assessing potential impacts on SGH business models.
- Advise Retail Business on new initiatives/projects to manage and mitigate financial crime risks.
- Support the Head of AML/Head of Financial Crime IWPB, SGH in developing and continuously reviewing a framework to monitor financial crime developments affecting Singapore.
- Help drive regional and local regulatory change implementation plans, quantifying impacts and coordinating actions to address, manage and mitigate those impacts.
- Assist in implementing AML/CTF, proliferation financing, ABC, sanctions, tax transparency and anti-fraud policies/systems, ensuring practical, effective risk management and efficient resourcing aligned to business needs.
- Work with FCC/Investigations SMEs and perform QA sample checks on first line reviews, providing active challenge on FC controls/CCM; deliver FCC compliance training to business teams.
To be successful you will need:
- Degree-qualified with extensive FCC experience across AML/CFT, sanctions, fraud and AB&C, applying sound judgement to deliver AML/FCC projects.
- Strong working knowledge of MAS AML/CFT Notices and related guidance (guidelines, circulars, information papers), particularly for private banking and corporate trust businesses.
- Able to investigate and escalate incidents, assess regulatory impact, and produce high-quality reporting for regulators and governance forums.
- Confident in managing regulatory matters and interacting with regulators; knowledge of HKMA AML/CFT expectations is desirable.
- Strong risk and conduct mindset, able to challenge the business on risk assessments and adequacy of controls, translating risk policy into business-relevant language for senior stakeholders.
- Strong analytical capability to interpret large volumes of information/data and provide practical, cost-effective solutions and succinct management summaries; AML qualifications (e.g., ICA Diploma/ACAMS/IBF) are an advantage.
Opening up a world of opportunity
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. 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 The Hongkong and Shanghai Banking Corporation Limited.
https://www.youtube.com/embed/NIa2CodFG6E?si=sFOWeYmq5fs3vE5i%22
BFSI
Company
HSBC (HSBC Global Service Centres / GSC India)BFSI
Central Singapore, Singapore
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