Associate Director,Financial Crime Digital Enablement Future Analytics

Job title: Associate Director,Financial Crime Digital Enablement Future Analytics

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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. 

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 the development, deployment of FC Detection solutions. FC risk includes fraud, money laundering, bribery and corruption, sanctions violations, terrorist financing, proliferation financing, export control violations and tax evasion. Data and Analytics Professionals at HSBC have responsibility for executing our HSBC Data Strategy by:

• Managing data risk and ensuring compliance HSBC’s data standards and policies.
• Leveraging analytics and data science to maximise data value.
• Implementing and maintaining data technologies.
• The role will assist the Group in balancing between the demands of regulators, external bodies and governmental initiatives with those of the Group’s shareholders and customers in enacting FC compliance. It requires an awareness of the political, managerial, regulatory, and reputational implications of decisions and actions at a global level.
• Additionally, the role supports executive management in the development of controls and systems and influencing the business conduct to manage these while aligning with the Group’s risk appetite. The increased focus on individual liability for senior managers, particularly Risk Heads, makes it increasingly important for the Group to demonstrate 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.
• The role-holder will provide specialist expertise in techniques for model delivery (e.g. Deep Learning) and their applications (e.g. Customer Propensity, Computer Vision, NLP). This includes understanding the key factors that drive the required model outcomes, and applying appropriate techniques to design, develop, test, implement and monitor models.
• They will ensure compliance with HSBC’s model development standards, stay updated on latest developments in modelling tools and techniques, and advise leadership on maintaining market leading capabilities.

In this role, you will:

Principal Accountabilities and Responsibilities (e.g., for Business, Customers and Stakeholders; internal control environment, etc.)

• Continually assess the operational risks associated with the role and inherent in the business, taking account of changing FC threats, geopolitical, economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructuring, and the impact of new technology.
• Responsible for ensuring that the fair customer treatment is embedded in business operations.

• Implementing a consistent and effective management approach across the functional areas.
• Act as the primary interface within the Detection Value Stream for all Change and Prioritisation matters.
• Enable FC Leadership in the delivery of investment across technology, intelligence, and analytics to enhance the efficiency, effectiveness, security and cost profile of FC.
• Develop and implement programs to assess and mitigate impacts of FC related regulatory changes across the control
• Represent FC in governance forums and meetings, as required.
• Develop and manage relationships with key internal stakeholders across group functions, lines of business, regions, and countries.
• Facilitate information -sharing and feedback loops to improve change management and optimisation with FC detection.
• Supervise the coordination in response to high priority FC Detection Feedback requiring a coordinated response across Group Financial Crime functions, Compliance, lines of business, regions, or countries.

To be successful you will:

Functional Knowledge

• Strong understanding of Global Financial Crime landscape and the various risk typologies, with good visibility of the eminent changes in landscape.
• Existing Financial Crime Detection capabilities and the limitations therein.
• Awareness of technological advancements in Financial Crime detection capabilities.
• Expertise in BI and reporting solutions using tools such as Qlik, Tableau, Power BI and Looker for data aggregation and insights.

Others

• 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 occurs in an increasingly regulated and complex global environment where there is often little consistency between laws and regulations across different jurisdictions and regulators are adopting a more proactive approach to ensuring local compliance with their requirements and while imposing increasingly stringent sanctions for breaches.
• Data and Analytics Professionals are geographically dispersed and aligned to the Global Businesses / Global Functions or regions.

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 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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