Vice President, Financial Crime Sanctions

**Some careers shine brighter than others**

If you’re 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.

Financial Crime Compliance aligns current activities within Global Risk and helps to build these into a more integrated framework to conduct Customer Due Diligence which enables HSBC to manage financial crime risk more effectively. It builds stronger controls to improve the way Financial Crime Compliance risks are managed in order to spot gaps as well as trends so that the team can take action. It proactively gathers and analyses financial intelligence in a smart way so that suspicious transactions, activities or connections can be identified and we can adequately protect our customers from the threat of financial crime.

We are currently seeking a high calibre professional to join our team as a** Vice President, Financial Crime Sanctions.**

**Principal Responsibilities**
- The Compliance function is a Second line of defence (LOD) function, responsible for reviewing and challenging the activities of the Group’s businesses (also referred to as “the First LOD”) to ensure that they effectively manage as “Risk Owners” the risks inherent in or arising from the conduct of their activities and for which they are responsible. The Second LOD consists of 'Risk Stewards' who are independent of the commercial risk-taking activities undertaken by the First LOD. The Compliance function is a Risk Steward for a number of non-financial risks in accordance with HSBC Group’s risk framework
- Monitor Trade, Economic and Financial Sanctions (including sanctions programs administered by the U.S. Office of Foreign Assets Control, United Nations, European Union and HM Treasury’s Financial Sanctions, (collectively referred to herein as “Sanctions”), and global risk management framework to meet legislative and regulatory requirements in Singapore
- Assist Head of Sanctions in providing oversight and management of all aspects of Financial Crime Risk on Sanctions including impact analysis of regulatory changes within Singapore
- Collate potential breaches of sanctions from across the business lines & subsidiaries in Singapore, report to management and escalate to Head of Sanctions
- Act as point of contact for internal stakeholders in relation to Sanctions risk (including regulators) within Singapore
- Stay at the forefront of key regulatory changes to ensure proactive communication with business and implement appropriate policy and framework to manage the changes
- Participate in and work with relevant local industry bodies and groups in relation to Sanctions related initiatives, trends and proposals
- Provide advice to business across Singapore on sanctions risk associated with prospective business, products and service and design mitigation controls and implement strategies as appropriate

Requirements
- Degree holder with experience in financial crime risk compliance roles, ideally to include Sanctions experience
- Knowledge of Sanctions regulations and guidance
- Added advantage with certification from International Compliance Association (ICA) or Association of Certified Anti-Money Laundering Specialist (ACAMS))
- Relevant experience in the financial services industry
- Lateral thinker with an ability to interpret and solve complex issues
- Excellent communicator with strong inter-personal and influencing skills

To be considered for this role, the relevant rights to work in Singapore is required.

**You’ll achieve more when you join HSBC.**

Issued by The Hongkong and Shanghai Banking Corporation Limited.