Financial Crime Advisory Manager UAE Nationals Only - Al Ain

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Financial Crime Compliance aligns current activities within Global Risk and helps to build these into a more integrated framework, which enables HSBC to manage financial crime risk more effectively. It builds stronger controls to improve the way Financial Crime Compliance risks are managed to spot gaps as well as trends so that the team can act. It proactively gathers and analyses financial intelligence in a smart way so that suspicious transactions, activities or connections can be identified, and we can adequately protect our customers from the threat of financial crime.

We are currently seeking an ambitious individual to join our Financial Crime Compliance team, working together with colleagues to define, manage and achieve divisional business targets.

Role Purpose

The Job holder supports Senior Management in meeting their regulatory obligations by providing an active support in the adherence of the Anti-Money Laundering (AML), Counter Terrorist Financing (CTF), Sanctions and Tax Evasion policies in compliance with, the UAE Central Bank regulations and Group’s Global Policies and Principles and international standards.

The jobholder assists the Senior Advisory Manager to; identify and share Sanctions, AML and Tax Evasion compliance risks by completing timely Quality Assurance Activity, sharing outcome in a timely manner with the business, foster a compliance culture in the Bank by engaging with the relevant teams and providing feedback on the QA performed, optimize relations with the stakeholders, protect the reputation of the bank and comply with applicable UAE and Group policies and standards and local laws and regulations in order to prevent criminal sanctions.

In the execution of FCC duties, the job holder must independently handle the tasks assigned to him/her and be able to take decisions on matters within their designated authority. The job holder must be able to independently analyze and critically evaluate the responses received without much supervision and escalate as appropriate.

The person will be responsible for providing Sanctions, AML, CTF advice and guidance relating to their assigned area of responsibility to the relevant business areas in the UAE Compliance team.

Duties & Responsibilities

• Support Compliance and Business Management in meeting HSBC’s regulatory requirements on completing the Quality Assurance of Anti Money Laundering and Sanctions risk by:
• Support the implementation of KYC policies and Customer Due Diligence requirements in CIB & IWPB UAE.
• Providing Compliance support and direction on the QA of the New to Bank high risk customers.
• Providing guidance and direction to CIB & IWPB RMs on the application and implementation of FCC Compliance policies and procedures applicable to CIB & IWPB customers as part of the QA outcome.
• Assisting the Senior FC Advisory Manager in their responsibility for complying with all relevant Laws, Rules, Regulations and Group policies related to Financial Crime.
• Proactively assist the Senior FC Advisory Manager and Senior Business management to ensure that the CIB & IWPB business areas operate in a compliant manner
• Provide guidance to business areas on AML, Sanctions and Tax Evasion risk and exposure related to customer account opening and transactional activity in more complex situations.
• Provide guidance to UAE project teams and compliance representation on any FC related systems project for the country.
• Provide guidance and training on implementation of AML, Sanctions and Tax Evasion compliance within countries and businesses.
• Provide AML and Sanctions compliance representation at CIB & IWPB related projects
• Provide advice on compliance & AML/CTF/Sanctions/Tax Evasion issues that arise through the country compliance functions
• Support the Senior FC Advisory Manager by providing back-up coverage for leave and vacation
• Conduct reviews for Branches and Business areas for AML/CTF/Sanctions/Tax Evasion compliance. Produce review reports and make recommendations.
• Support the Senior FC Advisory Manager on country compliance reviews
• Raise exceptions through Helios reporting system and make decisions on reporting to senior management. Ensure a review all cases on a quarterly basis and provide updates where necessary or close cases where action completed.
• Support efforts to proactively drive the KYC improvements to support FC compliance
• Immediately escalate to the Head of FCC as applicable any material breaches or potential breaches of Laws, Rules and Regulations
• Understanding Group, International and local regulatory requirements and recognition of AML, CTF risk
• Complex international sanctions environment
• Complexity arising from regional sensitivity due to political and economic structures.
  
  

Experience & Qualifications

• Bachelor’s degree in business management, Finance & Accounting or Engineering disciplines is required.
• The jobholder must have at least 1 year experience in AML or Sanctions Compliance roles.
• Experience of the full range of personal and/or commercial banking services and have a strong subject matter expertise in Anti-Money laundering including regulatory environment and regional regulations is preferred.
• The ability to multi-task across many fields involving potentially complex projects and multiple teams
• Proven communication and influencing skills with the ability to communicate and in writing at all levels
• An excellent command in English
  
  

For further details and application information please visit our careers site, searching under reference number 23538.

We support our staff to adopt flexible and alternative ways of working where possible, including working from home and different hours subject to approvals.

HSBC is 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. 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 The Hong Kong and Shanghai Banking Corporation Limited

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