Manager Financial Crime - Corporate Institutional Banking UAE UAE National Only

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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 supports the UAE Head of Financial Crime to; identify and contain Financial Crime Risks 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 financial crime 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 KYC policies and Customer Due Diligence requirements in Corporate Institutional Banking UAE.
• Providing Compliance support and direction on the onboarding of CIB customers.
• Providing guidance and direction to CIB RMs on the application and implementation of FC Compliance policies and procedures applicable to CIB customers.
• Assisting the UAE Head of Financial Crime Compliance in their responsibility for complying with all relevant Laws, Rules, Regulations and Group policies related to Financial Crime and more specifically AML/sanctions.
• Approve Cash Deposits from Compliance perspective as per AML LOBP cash threshold guidelines for CIB.
• Where required prepare and or provide input on regulatory filings and correspond with regulatory agencies as agreed with the UAE Head of Financial Crime
• Provide guidance to business areas on AML and sanctions risk and exposure related to Onshore Corporate banking customer account opening and transactional activity in more complex situations.
• Approve Cash Deposits from Compliance perspective as per AML LOBP cash threshold guidelines.
• 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 Head of Financial Crime on country compliance reviews
• Balancing Business opportunities and needs with complex regulatory requirements
• Balancing local regulatory requirements with international standards and Group requirements
• Evaluating reputational AML, CTF and Sanctions risk arising from customers and transactions
  
  

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 commercial banking services and have a strong subject matter expertise in the area of Anti-Money laundering including regulatory environment and local 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.

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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