Vice President - Group Financial Crime FC Advocacy And Regulatory Engagement

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HSBC is one of the largest banking and financial services organisations 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 realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Vice President - Group Financial Crime Advocacy and Regulatory Engagement.

Job Responsibilities

• The role holder is to be a key member of the team developing and being involved in the Group’s external engagement and advocacy on financial crime matters.
• Engage with local markets and horizon scan for regulatory and policy developments across the Asia region to identify emerging regulation, policy trends, and their potential impacts; taking responsibility for socialising new regulatory and policy updates, engaging and mobilising market and regional stakeholders as required.
• Completing daily horizon scanning of the external environment including regulatory developments, news, and enforcement actions; working with other Group FC Advocacy and Engagement team and regional Risk Stewards to identify areas for read across, understanding our exposure to such changes and communicating policy and control environment position.
• Working with the Group FC team, supporting further horizon scanning analysis activities, to identify, capture and report on trends and typologies within the risk landscape, allowing for better preparedness and the incorporation of mitigation into policy making and training planning processes.
• Review emerging policies in market to understand country regulation, and financial crime risk considerations unique to the operating environment.
• Act as a regional SME, working with in market teams to identify changes in legislation and industry best practice. Supporting the stewardship of emerging risk and trends, advising leadership on potential impacts.
• Support and, where appropriate coordinate input into HSBC responses to policy consultations and regulator engagements as they relate to the Financial Crime risk programme..
• Engage with Regional Regulatory Affairs teams and other key stakeholders and share information to region and market contacts as necessary.
• Assist in the production of periodic regulatory development papers, emerging risk papers and maintaining horizon scanner trackers and documents. Attending and supporting Regulation Development forums as required, including preparation of relevant meeting materials.
  
  

Job Requirements

• The candidate must have an overall work experience of at least 10 years in the banking / financial services industry.
• At least 7-8 years’ experience in Financial Crime or Business Risk functions.
• Strong understanding of FC risks, including AML, fraud, and Sanctions risks, and how FC controls mitigate those risks and the various underpinning activities forming the overall Risk Management framework.
• Solid experience of dealing with regulatory matters and confident interaction with senior stakeholders. Proven track record of successfully navigating the complexities of multijurisdictional regulations and compliance.
• Excellent verbal and written communication skills with previous experience in policy and/or regulatory development.
• Strong analytical skills and the ability to interpret complex regulatory information; the ability to distil and explain complex issues concisely and clearly.
• Proven ability of drafting guidance, updates and communications pertaining to regulatory developments.
• Subject matter expertise in policy, regulatory development, or other compliance role would be advantageous.
• Knowledge of Global financial services regulation
• 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 analysing a large volume of information and / or data and provide succinct summary.
• 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 & prioritisation skills with an ability to prioritise competing demands and deliver against stringent deadlines.
• Knowledge in MS Office Suite, MS PowerPoint & Excel is mandatory. VBA / Macros knowledge will be added advantage.
• ACAMS or International Compliance Association (ICA) certificate/diploma, or equivalent qualifications (Preferred)
  
  

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritised.

The chosen candidate for this role will be required to undergo enhanced vetting. Subject to local laws, this will require the individual to satisfactorily pass a series of additional checks as part of the recruitment process and on an ongoing basis, if appointed to the role. HSBC Group reserves its position with regard to any steps which it may take in relation to any material adverse findings which arise either when the checks are originally completed, and/or if relevant, on an ongoing basis. For more information about the enhanced vetting for this role please contact the recruiter for this role.

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Issued by HSBC HDPP

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