Job Description

Job description
Some careers shine brighter than others. If you\xe2\x80\x99re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further. HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions. We are currently seeking an experienced professional to join our team in the role of Assistant Vice President - Investigative Reporting Why join us? Financial Crime Investigations (FCI) is responsible for the mitigation of financial crime threats the firm faces now and may in the future, pioneering the techniques and technology that protect our business, our customers, and the many communities in which we operate from the harms associated with financial crime. FCI, working with partners across the Bank, harnesses intelligence, analytics, technology, investigation, information sharing, and public-private partnership to achieve this end, always seeking the most effective and efficient means. FCI, as part of one Compliance, supports building the case for a more efficient and effective regulatory approach by defining a potential new regulatory landscape based on practical, tested innovation and serving as a thought leader in the ongoing public debate on the future of regulatory compliance. The Opportunity: The role-holder will be responsible for managing a team of Financial Crime Investigators tasked with conducting Investigations concerning accounts/transactions where potential financial crime risk has been identified pertaining to ASP, specifically HK (AMH & HASE). Sources of Investigative referrals stem from FC-UARs, Transaction Monitoring (including, Dynamic Risk Assessment - DRA), escalations from Fraud Operations and cross-border referrals from other Investigative functions. Where necessary, the team will be required to refer and/or escalate Investigative outcomes to the local onshore MLRO function in accordance with the Investigative Reporting Procedures and localized regulatory requirements (defined by the respective market) for regulatory decisions and filing; with considerations made in respect to whether any Referrals for Action may be required. The role-holder will be required to direct the teams to ensure processes are implemented and executed in accordance with Group-defined procedures and any regional requirements; equally, ensure that quality decisions and written products are produced in a timely manner, adhering to the Group/European regional SLAs. Manage stakeholder relationships with the onshore MLRO and Investigations team to provide detailed insight into case ageing, quality outcomes, escalation of any issues and management of any feedback. What you\xe2\x80\x99ll do: Effective and timely investigation into assigned cases in accordance with agreed Investigative Reporting requirements and Service Level Agreements. These cases may include:

• Unusual Activity Reports from colleagues in our overseas IR teams which will need to be checked that decision making is correct and that the Investigation Reports attached are in line with Global IR guidelines.
• Unusual activity reports from various parts of the bank as well as other HSBC entities as applicable, including other business lines and functions;
• escalated cases from transaction monitoring systems (including a new automated monitoring solution \xe2\x80\x93 Dynamic Risk Assessment \xe2\x80\x93 DRA);
• Escalated cases identified by true matches to screening lists escalated from Name Screening teams;
• Cross-border referrals; and
• Escalated cases from Fraud Operations.
• Ensure Investigators perform, in line with the in order to identify any probable financial crime related issues, or mitigation of any financial crime risks.
• Ensure through Manager Review that high quality investigative narrative (Investigation Reports) are prepared and the case file is populated with appropriate documentation.
• Ensure that review recommendations are made as appropriate, which may include referral to the MLRO as to whether a Suspicious Activity Report (SAR) should be filed or not or escalation to appropriate other teams for co-ordination and further review as required (Sanctions, ABC, Major Investigations, etc).
• Ensure where appropriate, interaction with relevant stakeholders, including, Triage, Complex and Major Investigations, and Customer Selection Exit Management (CSEM) (CSEM) Secretariat to manage financial crime risk is done in accordance with procedures.
• Provide information on completed Investigations to Senior Management and other internal stakeholders for risk management, where appropriate.
• Deliver to team, post receipt from Accredited Trainers, training modules under the Continuous Training Programme, for embedding.
• Lead on collaboration and provision of feedback with/to Transaction Monitoring Operations, Fraud Operations and Name Screening, or any other sources of referral as appropriate.
• High quality case file including a comprehensive narrative and recommendation as to whether or not a SAR is appropriate with onward escalation for disclosure to the relevant authorities in accordance with procedural standards.
• Appropriate referrals for action identified, and effecting of such in accordance with procedural standards.
• Proportionate number of investigations completed to the agreed procedural standards required and within agreed service level agreements.
• Appropriate consideration given to each case as to content and quality of content/narrative.
• Appropriate escalation to other Investigations teams, taking care to evaluate appropriately against relevant escalation criteria.
• Deal with enquiries from colleagues of other HSBC business areas in a professional, responsive manner, giving them appropriate guidance, referring to management where necessary.
• Deal with external enquiries, if required, in a professional manner, providing appropriate information, referring to management, where necessary.
• Ensure compliance with Regulatory, Bank Policy and Principles. Maintain records, and update case histories.
• Work closely with Investigators to develop personal capability and develop career goals.
• Work effectively and professionally with colleagues across Investigations and the organization.
• Lead, develop and motivate the team to attract, retain and develop capacity, capability and talent for continuous delivery of timely, high quality investigations.
• Cultivate an environment that supports diversity.
• Build Capability across IR and embedding a \xe2\x80\x9cOne Team\xe2\x80\x9d ethos across locations
• Pro-actively support Senior Managers and TM\xe2\x80\x99s on various tasks, projects etc.
• Ensure performance meets the requirements of any relevant service level agreements and at all times, adheres to CIIOM Local, Group and Regulatory policies.
• Generate ideas to improve team and process efficiencies.
• Monitor and assess performance and level of resourcing

Requirements
What you will need to succeed in the role:

• 3-5 years of experience in managing teams.
• Experience in Money Laundering investigations, including understanding of transaction monitoring scenarios is essential.
• Familiarity and experience with transaction monitoring/ name screening systems and related platforms is essential
• Experience in writing high quality reports
• Excellent communication and inter-personal skills.
• AML related international certification is preferred (e.g. ACAMS),
• Understanding of international AML and Sanctions framework, preferably with experience of operationalizing the policies
• Experience of managing and delivering on multiple projects
• Be capable of building strong relationships with both internal and external partners and with proven negotiation and influencing skills
• Highly organized and have a strong sense of urgency
• Be able to work effectively in a time pressured environment
• Creative thinking and effective decision-making skills
• Leadership skills and proven track record in managing and motivating staff

You\xe2\x80\x99ll achieve more at HSBC HSBC is an equal opportunity employer 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. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.\xe2\x80\x9d 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 HSBC Electronic Data Processing (India) Private LTD***