Senior Sanctions Manager - Financial Crime Compliance

Job level Senior
Education Bachelor Degree
Location Hong Kong
Employment type
Industry Banking
Job function Banking / Finance > Others
Published On 22/09/2016
ref. 00008507

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. 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 caliber professional to join our team as Senior Sanctions Manager 

In this role, you will

  • Primarily responsible for supporting the Head of Sanctions, Asia Pacific on Trade, Economic and Financial Sanctions, including sanctions programs administered by the United States Office of Foreign Assets Control, United Nations, European Union’s Financial Sanctions and global risk management framework to meet legislative and regulatory requirements on a regional basis
  • Assist Head of Sanctions, Asia Pacific to build the Sanctions regional structure and develop the regional team
  • Responsible and assist Regional Head of Sanctions for the rollout and implementation of the Global Sanctions Policy across Asia Pacific and setup of the sanctions governance framework to ensure proactive communications in Region
  • Assist Head of Sanctions, Asia Pacific on the implementation and execution of the Sanctions Global Standards Programme in Region  
  • Provide oversight and management, of all aspects of Financial Crime Risk Sanctions including impact analysis of regulatory changes within Region
  • Responsible for the collation of potential breaches of sanctions from across the Region and Countries, review of the reporting made and appropriate escalation to the Global Head of Sanctions
  • Building strong partnership with business to drive and accelerate the execution of Financial Crime Compliance Sanctions programmes within the region that directly impact business performance
  • Stay at the forefront of key regulatory changes to ensure proactive communication with business and implement appropriate policy and framework to manage the changes
  • Provide advice to business across region on risk associated with prospective business, products and service and design mitigation controls and implement strategies as appropriate  

To be successful in this role, you should meet the following requirements

  • Seasoned professional with experience in one or more risk compliance roles in the financial services industry, ideally to include Sanctions experience
  • Extensive knowledge of Sanctions regulations and guidance
  • Understanding of the Banking Group structure, its corporate culture preferred
  • Lateral thinker with an ability to interpret and solve complex issues
  • Excellent communicator with strong interpersonal skills
  • Experience in leading assurance work in a complementary discipline
  • Demonstrate ability to lead change, contributing to joining up with the other teams in Risk and Business globally
  • Experience of dealing with regulatory matters and confident interaction with Regulators
  • Ability to develop practical, cost effective solutions to complex global issues

The chosen candidate for this role will be required to undergo enhanced vetting. Subject to local laws, this will require the individual to satisfactorily pass a series of additional checks as part of the recruitment process and on an ongoing basis, if appointed to the role. HSBC Group reserves its position with regard to any steps which it may take in relation to any material adverse findings which arise either when the checks are originally completed, and/or if relevant, on an ongoing basis. For more information about the enhanced vetting for this role please contact the recruiter for this role. 

For further details and application information please visit our career site, search under reference number 00008507 

You’ll achieve more when you join HSBC.

www.hsbc.com/careers 

HSBC is 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. 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 The Hong Kong and Shanghai Banking Corporation Limited