Manager Transaction Sanctions & Name Screening L3

Role Purpose

The Financial Crime (FC) Detection & Digital Enablement CoE is an integral part of the HSBC group’s Financial Crime function. The CoE helps detect and mitigate FC Risks across HSBC group and regions through conceptualization, development, deployment and maintenance of FC Detection solutions. FC 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.

• Fulfilling and executing required Regional level Policy management in relation to sanctions alert adjudication.
• Fulfilling required Regional level Sanctions subject matter expertise and assessment on alerts that have been escalated to the CoE.
• Takes a risk based approach to the decision making of potential matches that have reached the CoE.
• Act as the principle point of contact within the Region for all alert adjudication escalations, providing Regional level Sanctions leadership and subject matter expertise.
• Managing, identifying, mitigating and escalating Sanctions risk within alert adjudication team in a proactive and continuous manner with all items relating to alert adjudication.
• Provide subject matter expertise to the implementation of globally led Sanctions change initiatives within Region and more specifically within Regional Alert Adjudication Team.
• Act as an escalation point for issues raised by Country Sanctions Officers or colleagues from the Lines of Business.

Main activities

• Provide management and direction to cross-functional experts (pods) from analytics, technology, transformation and product management and key stakeholders across global functions and regions.
• Implementing a consistent and effective management approach across the functional areas.
• Prime interface within the Detection Value Stream for all Change and Prioritisation matters.
• Support the FC Leadership in the delivery of investment across technology, intelligence, and analytics to enhance the efficiency, effectiveness, security and cost profile of FC.
• Assist drive, develop and implement programmes to quantify impacts and implement actions to address, manage and mitigate impacts of FC related regulatory changes across the FC control framework.
• As required by leadership, attend and represent FC in governance forums and meetings.

• All false positive decisions taken by the team are supported by full documentation to discount the alert.
• True matches are escalated by the team in the correct manner and within agreed timescales.
• All alert cases have full and accurate documentation that is completed in a timely manner within agreed timescales.
• Robust challenge is made in the event that Policy is not being followed in the first line of defence.
• The team is managed efficiently to ensure that:
• Escalated alerts are investigated without error, using a risk based approach, which is correctly evidenced
• Recommendations reached are defensible and are within the Regional, Country and LOB risk appetite.
• Recommendations and any required regulatory actions are clear and are fully understood by the business for forward action.
• All reporting activity is completed error free and on time.
• All alerts are managed within agreed SLA’s and any missed SLA’s are fully documented and evidenced
• Alert adjudication root cause analysis is completed intrusively.
• Evidence of timely escalation of any risks and issues is presented within appropriate FCC forums.
• Subject matter expertise provided is accurate and within the context of the business and regional environment.
• Records retention processes are fully compliant with Policy and records repository kept fully up to date.
• All audit actions impacting Regional Customer Alert Investigations Team are fully monitored and actions recorded and evidenced to present back to auditors.
• All changes impacting the Regional Alert Investigations Team are fully and effectively impact assessed and implemented in a timely manner.
• Team members to have a robust and sustainable progression plan in place with attainable targets and sufficient guidance in order to achieve those targets.

Requirements

• Risk professional with experience in one or more risk compliance roles, to include Sanctions experience.
• Knowledge of Sanctions regulations and guidance and their application to Sanctions alert adjudication.
• Is able to create, read and fully understand the content SWIFT messages.
• Knowledge of banking products and services including trade products
• An understanding of different types of corporate structure
• Experience in the financial services industry, specifically within a Financial Sanctions environment.
• Lateral thinker with an ability to interpret and solve complex issues.
• Well-developed leadership skills.
• High level of English language skills.
• Excellent communicator with strong inter-personal and influencing skills.
• Proficient in the use of Microsoft Office applications.
• Ability to adapt to change and provide input where necessary.
• Ability to develop practical, cost effective solutions to complex issues.
  
  

HSBC is an equal opportunity employer 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. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.