AVP Risk Stewardship Sanctions

Job Title: Assistant VicePresident- Risk Stewardhip Sanctions

Some careers shine brighter than others.

If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. 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.HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Assistant VicePresident- Risk Stewardhip Sanctions

In this role, you will:

• The following principal accountabilities are aligned to the Financial Crime Services and Processes Model.
• Risk management decisions on retention, exit and reporting for customers.Handle a portfolio of advisory cases and drive to resolution.
• Ensuring WPB and CMB Compliance and LoB teams kept informed on sanctions referrals with significant impact.
• Delegate approver for customer relationships and transactions which require approval under the HSBC Global Sanctions Policy
• Delivery of feedback to the LoB Compliance and 1st line business functions on sanctions referrals. Production of reports to Reputational Risk and Client Selection Committees
• Delivery of feedback to Global governance committees within Sanctions, Compliance, and the LoB’s
• Advice and determination of controls designed to mitigate sanctions risk with respect to products, customer relationships and transactions.
• Advice and determination of sanctions matters in relation to periodic, trigger-based, or on-boarding reviews for the LoB’s in the Customer Segment section.
• Determination of potential exits and referral to the CSEM function responsible.

To be successful you will:

• The candidate must have an overall work experience of 8-10 years in the banking / financial services industry.
• At least 5-6 years of working knowledge of Sanctions, i.e. understanding of UK/EU/UN/US sanctions regimes and regulations, Export control breaches, Screening and Payment transparency etc.
• Understanding of Risk frameworks under Financial crime.
• Good understanding of the Sanctions Risks and Controls framework e.g. FCA rules on Systems and Controls, OFAC’s Framework for Sanctions Compliance Programs etc.
• Interpersonal Skills (i.e., collaboration and networking) with experience of dealing with stakeholders including the capacity to articulate the case for risk management.
• Excellent communication skill (oral, written, and presentational) with the ability to influence others through use of compelling facts, thought-provoking discussion and logic and use diplomacy and tact to resolve differing views.
• Knowledge in MS Office Suite, MS PowerPoint & Excel is mandatory.
• ACAMS or International Compliance Association (ICA) certificate/diploma, or equivalent qualifications (Preferred)

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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.”

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