Associate Director, Financial Crime, Detection and Data Enablement

Job title: Associate Director, Financial Crime, Detection and Data Enablement

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 organizations in the world, with operations in 62 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 realize their ambitions.

We are currently seeking an experienced professional to join our team in the role of VP, FC Detection and DE.

  In this role, you will:

• Provide management and direction to cross-functional experts (pods) from analytics, technology, transformation, and product management and key stakeholders across global functions and regions. Implement a consistent and effective management approach across the functional areas. Prime interface within the Detection Value Stream for all Change and Prioritization matters.
• Provide strategic inputs to FC Leadership in the delivery of investment across technology, intelligence, and analytics to enhance the efficiency, effectiveness, security, and cost profile of FC. Support in driving, developing, and implementing programs 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.

• Develop and Manage relationships with key internal stakeholders across Group functions, lines of business, regions, and countries. Facilitate the sharing of information and creation of feedback loops across the firm, with a particular focus on wider FC Detection stakeholders to continuously adapt and improve change management and optimization. Oversee the support and coordination capability necessary to manage the response to high-priority FC Detection Feedback requiring a coordinated response across Group Financial Crime functions, Compliance, lines of business, regions, or countries.
• Develop and maintain a strong and professional working relationship with Senior Management of FC, Risk, Audit and Finance at Business, Group and Regional levels. Ensure appropriate timely and relevant risk information is provided to FC leadership and appropriate governance forums. Drive articulation and embedding of FC Detection Optimization controls. Ensure that these are updated for changes in regulation and impacts on business.

• Resolve any identified issues promptly and escalate concerns to management as appropriate to ensure timely awareness of any material concerns. Maintain and observe all HSBC control standards and implement relevant policies, including the timely implementation of recommendations made by internal/external auditors and external regulators. Facilitate articulation and embedding of framework, policies, procedures, and controls as they relate to FC Controls.
• Maintain awareness of operational risk within the value stream and minimize the likelihood of it occurring including its identification, assessment, mitigation and control, loss identification, and reporting. Develop and present strategic options to implement controls whilst retaining full benefit from investment in systems. Adhere to all relevant internal controls and should be able to demonstrate a flawless track record in this area.

• Clearly communicate and effectively implement the Change Management and Prioritization strategy to meet business needs. Provide direction at a global level and support at a regional level with respect to the FC Detection change and prioritization processes. Influence through action and strong leadership with respect to establishing an effective and efficient Risk Discovery Environment, deliver very strong collaboration and influencing across the Compliance matrix
• Provide sponsorship and strategic vision for People Development initiatives aligned to Financial Crime, Compliance, and Group activities, as well as supporting the annual BAU HR cycle. Ensure effective communication across Financial Crime and the business to all key stakeholders in relation to FC Detection matters. Support the sharing of developments and best practice across the wider FC Function
• Support delivers the value stream approach aligned to detection outcomes to deliver a seamless integration of cross-functional expertise. Maintain and develop positive and professional working relationships with senior business leaders, Risk and Compliance colleagues at Group, Regional and Market / Entity level. Work effectively as part of a team, taking the lead where appropriate and contributing to team output and collaboration
• Foster learning agile culture, promoting proactive review of lessons learned. The role holder will continually reassess the operational risks associated with the role and inherent in the business, taking account of changing financial crimes threats, geopolitical, economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology. Monitor in accordance with the Principal Accountabilities set out above. The role-holder will ensure the fair treatment of our customers is at the heart of everything we do, both personally and as an organization.

To be successful you will:

• Proven Product Management / Product Ownership experience in a complex global environment, preferably within the financial services industry. Knowledge of transaction monitoring and payments, preferably related to Financial Institutions monitoring / Correspondent Banking.
• Proficiency in OKR, Design thinking, prototyping, iterative development, Scrum, and Agile product development. Strategic thinker with a Product mindset.
• Strong Jira and Confluence experience. Strong focus on DevOPS delivery.
• Understanding of entity resolution, network analytics and data analysis techniques (Desirable). Proven ability in leading technology teams using agile methodology and nurturing the talent. (Desirable)
• Clear understanding and experience of the business requirements and should be able to translate the business requirement in technical outcome/Epic and Stories. Investigative and/or intelligence experience covering a wide range of financial crime threat areas, including experience with ‘Big Data’ technologies (Desirable)

• Ability to work with IT teams to deliver on tight schedules. Strong interpersonal skills with the ability to communicate technical matters effectively with senior leaders in Compliance/ business sponsors.
• Results drive mindset with a proven track record to prioritize and deliver against multiple priorities in a fast-paced, dynamic environment. Proven ability to work across regions whilst maintaining a global perspective. (Desirable)
• Requirements gathering experience and conducting design activity, with a mix of business, operations and technology focused products/ projects. Strong negotiation skills. (Desirable)
• HSBC is an extremely diverse business with significant geographical spread and activities that span a universal banking model, including continuing to innovate to keep abreast of changes in financial services markets globally. Such activity is in an increasingly regulated and complex global environment with often little consistency between laws and regulations in different jurisdictions and regulators taking a far more proactive approach in ensuring local compliance with their requirements and imposing increasingly stringent sanctions for breaches.
• The role will assist the Group in achieving a balance between the demands of regulators, external bodies and governmental initiatives and the Group’s shareholders and customers in enacting FC compliance; being alive to the political, management, regulatory and reputational implications of a particular decision and courses of action at a global level; assisting executive management in the development of controls and systems and influencing the way in which the business is conducted in order to manage these risks, meeting Group risk appetite. The increased focus on individual liability for senior managers, particularly Risk Heads, makes it increasingly important for the Group to be able to provide adequate systems and controls. The role is one where regulatory authority have high expectations and is likely to come under scrutiny as part of any major regulatory investigation.

You’ll achieve more at HSBC

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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 work and opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified people 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 (India) Private LTD***