AVP De-Risking Compliance and Controls

JOB DESCRIPTION - AVP De-Risking Compliance and Controls

Some careers open more doors than others.

If you’re looking to unlock new job opportunities, take a look at the possibilities right on your doorstep here at HSBC.

We are currently seeking an experienced professional to join the Business Financial Crime Risk team.

HSBC Wealth Management leads the Asia-Pacific implementation of our global strategy to deliver world-class solutions to retail and private clients seeking to grow, protect, preserve or transfer their wealth. This involves the development and management of needs-based solutions covering foreign exchange, deposit, investment, insurance and financing products, as well as the provision of suitable market insights and updates, financial planning and advisory services.

We are currently seeking an experienced professional to join WPB team.

Principal Responsibilities

• Responsible for driving initiatives for improvement in control implementation with the aim of strengthening Financial Crime Control


• Ensuring liaising with CCO, CAO and Compliance teams to ensure appropriate presentation of the customer information


• Drive implementation for process improvements in collaboration with branches, CCO, FCC and GSC.


• Represent as FLOD as part of BFCR and guide BBCT teams to run Bank wide initiatives w.r.t CDD and Financial Crime Risk controls & processes.


• Review Local regulations with respect to Onboarding and KYC CDD update and guide the various products and proposition channels for deployment of the guidance.


• Liaise with Branches/ Key Stakeholders to ensure timely and complete delivery of regional and local guidelines within tight timelines


• Ensure implementation of recommendations made by FCC, monitoring of operational activities w.r.t remediation and identification of control weaknesses. Address the weaknesses thus identified and provide advisory on best possible solutions 


• Coaching and guiding the Frontline on Compliance related matters and local regulations and ensuring presentation of quality customer information

• Liaise with FCC and CCO to seek clarifications/dispensations on various issues impacting customers.

• Conducting in-depth reviews of accounts identified as SCC / PEP, HRC, HNWI to ensure that we do business only with people we know and trust.


• Identify the opportunities which helps the organisation on cost management and initiate such projects end to end.


• Review regulatory guidance & implement from BFCR & KYC regulation perspective


• Liaise with various proposition team, product team & operations team for FCR related guidance & smooth implementation of local regulatory guidance


• Be the point of contact for KYC Ops for any guidance and ensuring quality of KYC check is maintained


• For all CDD related regional guidance to be tracked and as appropriate disseminate information to all impacted teams


• Maintain oversight on QC QA related to KYC and done by GSC and CA teams


• Review of Exit recommendation from FCI for CSEM cases


• Support in coordination with Branch for Exit recommended cases of CSEM


• Support in MIS and reporting purpose for CSEM cases

Educational Qualifications / Certification and Requirements:

• A minimum of 5year experience in the financial service industry.


• Thorough knowledge of the Banking systems & processes,


• In depth knowledge and understanding of the regulation & guidelines as applicable


• Knowledge of Group Policies and Procedures for audit and compliance


• Expertise in customer service & query handling mechanism.


• The jobholder will need to possess Lateral Thinking Skills, good analytical skills and high motivation level.


• The job holder requires to possess the ability to handle multiple tasks within specified timelines.


• The job holder requires to have Good People Management skills.

A Minimum of 12 Months in the current role is mandatory.

Pro-tip : Familiarity with AI-enabled tools is an advantage. 

Eligibility :

• India Bank / INM employees will be eligible to apply to this role after completion of 12 months in the current role/position at the time of application on level transfer and/or promotion.


• Entity Employees (not from India Bank) to be guided by their internal policy on tenure completion in current role at the time of application before applying and share line approval when applying.


• INM Employees in scope of RBWM Career Progression Framework not eligible to apply to roles within the purview of the Framework

You’ll achieve more at HSBC.

Diversity Statement, Data Protection and Entity Statement

As a business operating in markets all around the world, we believe diversity brings benefits for our customers, our business and our people. This is why HSBC is committed to being an inclusive employer and encourages applications from all suitably qualified applicants irrespective of background, circumstances, age, disability, gender identity, ethnicity, religion or belief and sexual orientation.

We want everyone to be able to fulfil their potential which is why we provide a range of flexible working arrangements and family friendly policies. 

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.

The Hongkong and Shanghai Banking Corporation Limited (HSBC) India