Job description Posted 24 May 2024

Financial Crime SME

£400.00 per day PAYE

Finsbury Square, London (Hybrid Working)

Contract Until 20th Dec 2024

HINV (HSBC Innovation Banking) are currently searching for a Financial Crime SME to join their team in Finsbury Square, London. If successful within this position, you will report to a Senior Manager within the Financial Crime Risk & Controls (FCRC) Team.

Responsibilities:

• Reviewing client relationships that meet HSBC’s high risk business categories and geographies and performing reviews of existing clients and prospects.

• Serving as an SME for Relationship Teams to aid in identification of prospects & existing clients that may have increased AML, ABC or sanctions risk due to business model or geographic location.

• Reviewing and responding to financial crime related queries from the FLOD including reputational risk considerations.

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

• Undertaking financial crime risk assessment including business and country of interest reviews and assessment of Actionable Intelligence alerts

• Escalation of issues in a timely manner for review and resolution in relation to financial crime including knowledge of SAR escalation.

• Supporting change in the right way and recommending enhancements to processes and procedures to ensure the firm remains compliant whilst aligning to a risk-based approach. 

• Maintaining current industry awareness and demonstrating awareness and competence in relation to regulatory obligations.

• Providing guidance and direction to FLOD colleagues to ensure they remain protected from financial crime risks and embedding an effective financial crime risk culture.

• Assisting clients/prospects to ensure compliance with HSBC financial crime risk assessment requirements.

• Assisting with internal ongoing due diligence review escalations regarding client matters and supporting the preparation of papers to Reputational Risk and Client Selection Committees where required

• Working closely with UKFC to seek advice on complex global financial crime matters and serving as the FLOD escalation point of contact for financial crimes activity for HSBC.

Skills / Experience Required:

• Good knowledge of financial crime legislation including Anti-Money Laundering, Counter Terrorist Financing and Sanctions

• Solid experience related to financial crime compliance risk management processes.

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

• Confident gathering reports and processing escalations where required.

• Good judgement, analytical, research, organisational and project management skills

• Strong understanding of Microsoft Office and ability to learn new internal systems quickly.