Job description
Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.
As our US Head of Financial Crime - Wholesale, WPB & Functions you will:
- The Financial Crime (FC) function is a Second line of defence (LOD) function that includes ”Risk Stewards” who are independent of the commercial risk-taking activities undertaken by HSBC’s businesses (also referred to as “the First LOD”)
- Responsible as Risk Steward for reviewing and challenging the activities of the First LOD to ensure that, as “Risk Owners”, they effectively manage the financial crime risk inherent in, or arising from, the conduct of their activities and for which they are responsible. Financial crime risk is a non-financial risk that includes fraud, money laundering, bribery and corruption, sanctions and export controls, terrorist financing, proliferation financing and tax evasion. Our Financial Crime function operates in accordance with HSBC Group’s Risk Management Framework (RMF)
- Accountable as Risk Steward responsible for ensuring Wholesale Banking and Wealth & Private Banking (WPB), Functions including DBS effectively manage their financial crime risks
- Engage as the trusted advisor to our Wholesale Banking and Wealth & Private Banking (WPB) businesses & Functions including DBS on financial crime
- Deliver second line of defense risk stewardship of financial crime risk exposure, providing analysis, reporting and governance that is independent of the first line of defense, maintaining an objective assessment of risk exposure
For this role, HSBC targets a pay range between $208700 and $313000
The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location
At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle
You´ll likely have the following qualifications to succeed in this role:
- Significant financial crime experience as a senior financial crime leader within a global firm, in the financial services industry
- Successful track record in strategic leadership and influencing key stakeholders
- Significant knowledge of financial crime risk framework and experience in its execution, together with knowledge of Wholesale and Wealth & Private Banking (WPB) business , payment channels and products
- Experience of dealing with regulatory matters and confident interaction with Regulators
- Experience of leading and motivating a team
- Excellent communication and inter-personal skills
- Role model leadership, communication and influencing skills, with experience of dealing with stakeholders at all levels
- Ability to develop practical, cost- effective solutions to what are often complex and dynamic issues
- Ability to prioritize conflicting demands and problem solve in a dynamic environment
- Ability to interpret and analyze a large volume of information and / or data and provide succinct summary for senior leadership and external stakeholders
- Bachelor’s degree or equivalent at minimum; graduate degree a plus
In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.
As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!
All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.