Manager Financial Crime Advisory- IWPB UAE

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Job Purpose

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

The jobholder assists the UAE Chief Compliance Officer to; identify and contain Sanction and AML compliance risks, foster a compliance culture in the Bank, optimize relations with the Regulators, protect the reputation of the Group and comply with applicable Group policies and standards and local laws and regulations in order to prevent criminal sanctions.

In the execution of the AML and Sanctions 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 and Group requirements on Anti Money Laundering and Sanctions risk by:
• Support the implementation of CDD, KYC policies and Customer Due Diligence requirements in IWPB UAE for both wealth HNWI and Onshore Private Banking Customers.
• Providing Compliance support and direction on the onboarding of wealth Special Category, high risk and Sensitive Sanctions exposure customers.
• Providing guidance and direction to IWPB Wealth RMs on the application and implementation of FC Compliance policies and procedures applicable to IWPB customers.
• Proactively assist the Senior Manager for Advisory/ UAE Chief Compliance Officer and Senior Business management to ensure that the IWPB business areas operate in a compliant manner
• Provide guidance to business areas on AML and sanctions risk and exposure related to Wealth and Private Banking customer account opening and transactional activity in more complex situations.
• Provide guidance to business areas on AML and sanctions risk and exposure related to Onshore Private Banking customer account opening and transactional activity in more complex situations.
• Provide guidance and training on implementation of AML and Sanctions compliance within countries and businesses.
• Provide AML and Sanctions compliance representation at IWPB related projects specially related to Wealth and Private Banking.
• Provide advice on compliance & AML/CTF/Sanctions issues that arise through the country compliance functions
• Conduct reviews for Branches and Business areas for AML/CTF/Sanctions compliance. Produce review reports and make recommendations.
• Support the UAE Senior Manager Advisory/ UAE Chief Compliance Officer on country compliance reviews
• Review of escalated customer and transaction risk by the business unit or other Compliance functions
• Develop policies and procedures to manage and reduce customer and transaction related sanctions exposure in the UAE
  
  

Experience & Qualifications

• Graduation degree is REQUIRED– to secure a UAE Visa and Work Permit.
• The jobholder must have at least 5 years’ experience in AML and Sanction Compliance roles.
• Experience of the full range of personal banking and private banking and have a strong subject matter expertise in the area of Anti-Money laundering /Sanctions including regulatory environment and regional regulations.
• The ability to multi-task across many fields involving potentially complex projects and multiple teams
• Experience of people management preferable
• 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.

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Issued by The Hong Kong and Shanghai Banking Corporation Limited

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