Associate II, Financial Crime Risk & Controls – HSBC Innovation Banking

Job title:

Associate II, Financial Crime Risk & Controls – HSBC Innovation Banking

Company

HSBC

Job description

Job description

Who is HSBC Innovation Banking?

HSBC Innovation Banking is the power behind the UK’s forward-thinkers, future-makers, and leap-takers, helping them ignite the bold ideas that reshape our world. We offer flexible banking solutions for start-ups, scale-ups, growth businesses, investors and those working towards IPO typically within the technology and life science sectors.

Whether it’s comprehensive banking, managing cashflow, plans for buyouts or Strategic Fund Solutions, we power ideas at every stage of their journey. From the first-time founders to the funds that back them, and everything in between. We’re proud to accelerate growth for our clients, create meaningful connections and communities, and open a world of global opportunity for entrepreneurs and investors alike.

Here’s to never standing still. Come and join us!

The team you’ll work with:

The HSBC Innovation Bank UK, Financial Crime Risk & Controls (FCRC) team is a First Line of Defense (1LoD) team that are responsible for identifying, investigating and monitoring relationships that pose a money laundering or terrorist financing risk to the Bank. They provide crucial support across all of our all legal and regulatory requirements relating to anti-money laundering (AML) and counter terrorism financing.

The value you’ll add:

Working as part of our wider Risk function, you’ll work within a defined team of Financial Crime experts providing holistic risk oversight to our client portfolio, primarily by reviewing and assessing sanctions and potential reputational risk cases for both existing clients and new to bank prospects. you’ll often act as an advisory board to first line of defence (1LoD). In addition, you’ll partner closely with wider Business Operations and Product teams to ensure all regulatory obligations are met and understood.

What you can expect to be doing:

Carrying out financial crime risk assessments and reviewing HSBC Innovation Banking’s high risk business categories client relationships and prospects. This includes business and country of interest reviews and PEP and Adverse Media assessment following submission of approval requests.

Working closely with our Relationship Management teams to help them to understand and identify risk within their existing portfolio and prospects.

Reviewing and responding to financial crime and reputational risk queries from the first line of defense (1LoD).

Assisting clients/prospects to ensure compliance with HINV’s high risk and sanctions requirements including internal scheduled and triggered refresh review escalations regarding client matters.

Report writing and project work.

Requirements

The experience you need:

Broad working knowledge of financial crime legislation including Anti-Money Laundering, Counter Terrorist Financing and Sanctions.

Solid working experience of financial crime compliance risk management processes.

Strong report writing expertise/ experience.

Good working knowledge of financial crime and/or fraud prevention within the UK regulatory environment.

Where you’ll be based:

Our home office in Finsbury Square, London. We offer hybrid working to all of our employees, so you can flex between home and the office.

Equal Employment Opportunity

HSBC Innovation Banking is an equal opportunities employer. We support inclusive practices within our assessment process. If you need any specific support or adjustments, please highlight to your Recruiter or via your application

Expected salary

Location

London

Job date

Sat, 24 Feb 2024 08:56:55 GMT

To help us track our recruitment effort, please indicate in your email/cover letter where (tendersglobal.net) you saw this job posting.