Assistant Vice President, Sanctions Risk Stewardship - CoE,GSC

The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (2019-nCoV), we’re leveraging our digital capabilities to ensure we can continue to recruit top talent at the HSBC Group. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.

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.

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.

Why join us?

• The Financial Crime (FC) Function is a Second line of defence (LOD) function that includes ”Risk Stewards” who are independent of the commercial risk-taking activities undertaken by the Group’s businesses (also referred to as “the First LOD” or “FLOD”). The Risk Stewards are responsible for providing subject matter expertise, advise, guidance and effective challenge to the FLOD to ensure that, as Risk and Control owners, they effectively manage the FC risks for which they are responsible.

The Opportunity:

The Assistant Vice President  Risk Stewardship – Sanction role will work with a team of Sanction risk professionals supporting the Risk stewardship teams across Global, Region, Markets, Lines of Business and Functions. In addition, the job holder will play an advisory role and influence the direction of the risk discipline to effectively identify and mitigate FC risk.

What you’ll do:

• Provide subject matter expertise advise, and guidance to First line of defence
• Provide support in managing FC risks by providing oversight and direction of the business controls as described in the Global Line of Business procedures and HSBC Global Policies and Procedures.
• Engage with FLOD and SLOD to ensure transparency relating to risks and control assessments, ongoing control remediation plans and trigger events oversight for both internal and external events.
• The role requires strong partnership at a Global, Regional and Country level working across the entire FC structure as well as with the lines of business and functions including DBS where applicable.
• Preparation, review, challenge and consolidation of accurate data, reports, and presentation packs for key executive meetings / forums.
• Support in developing and maintaining the risk steward view of the effectiveness of the financial crime risk framework and ensure that this view is communicated consistently to relevant risk governance meetings.
• Develop and implement best practice standards, and procedures to govern the execution of oversight and reporting.
• Support Projects as SME support (FC performance, Governance planning, Training etc.)
• Ensure that standards, policies and procedures are being designed to meet regulatory needs and plans are in place to ensure they are clearly understood by stakeholders.
• Support in developing and communicating a powerful and compelling vision that inspires and engages people with the HSBC values and goals as the basis of an inclusive, high performance, customer-centred culture.
• Work effectively as part of a team, taking the lead where appropriate and contributing to team output and collaboration through communication, initiative / being pro-active, cooperation, ownership and identification of improvements.

What you will need to succeed in the role:

• The jobholder must have an overall work experience of 8-10 years in the banking / financial services industry.
• At least 4-5 years’ experience in Financial Crime or Business Risk functions.
• Strong understanding of Sanctions risks and how FC controls mitigate the Sanctions risk and the various underpinning activities forming the overall Risk Management framework.
• 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.
• Experience of interpreting and analyzing a large volume of information and / or data and provide succinct summary for management. 
• Ability to lead change, contributing to joining up with the other teams in Risk and Compliance and Business globally.
• Ability to work independently on distinct tasks, escalating as appropriate and able to "connect the dots" and critically analyze situations, recommend effective solutions to problems, and identify or anticipate regulatory concerns.
• Strong critical thinking and analytical skills. Ability to make informed risk-based decisions with robust supporting rationale.
• Effective time management & prioritization skills with an ability to prioritize competing demands and deliver against stringent deadlines.
• Knowledge in MS Office Suite, MS PowerPoint & Excel is mandatory. VBA / Macros knowledge will be added advantage.

What additional skills will be good to have?

• ACAMS or International Compliance Association (ICA) certificate/diploma, or equivalent qualifications.
• Working knowledge of the Global Non-Financial Risk (NFR) Framework and Technical User Guides (TUG).
• Working knowledge of the line of business / function supported, as well as pertinent compliance risk policies and regulations.

You’ll achieve more at HSBC

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.”

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 HSBC Electronic Data Processing (Egypt) Private LTD***

* The information contained in this job description is a true and accurate reflection of the job as specified.

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.”

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 HSBC Electronic Data Processing (Egypt) Private LTD***