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If you’re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with 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.

Regulatory Compliance ensures adherence to applicable regulations and standards by setting the policies which cover HSBC’s regulatory requirements, and mitigate conduct and reputational risk issues. The team strives to remain ahead of the regulatory change agenda and ensures the business understands the implications and is prepared for change. It monitors how the Global Businesses and Functions manage their responsibilities with regard to complying with the regulations and helps resolve compliance deficiencies.

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

Principal Responsibilities

In this role you will

Exercise risk stewardship over Financial Crime Compliance (FCC) risks of the Business, by challenging the Business on their assessment of such risks, their control environment, considering business activities, providing advise on regulatory requirements, helping to assess the risk impact from internal and external events, and the sufficiency of proposed controls to mitigate such risksAssist in driving all objectives and initiatives of the FCC function in relation to Anti-Money Laundering (AML), counter proliferation, anti-bribery/anti-corruption, sanctions, tax transparency and anti-fraud adopted for Wealth Personal Banking Singapore (WPB SGH), in order to ensure that they are properly established and effective, and are operating in accordance with the requirements and guidelines set by the HSBC Group, the Monetary Authority of Singapore (MAS), the Hong Kong Monetary Authority (HKMA) and the relevant laws of SingaporeHave the second line accountability for hands-on experience in FCC regulations which includes AML, Sanctions, fraud, and Anti Bribery Corruption (ABC) guidelines/circulars; regulatory expectation and competition knowledge on FC matters, providing appropriate investigation, assessment and escalation of potential regulatory breaches and issues to Head Financial Crime (FC) Risk – WPB SGHBe required to provide proactive challenge on FC related controls and its effectiveness on an ongoing basis, provide support to Product launches with FC risk assessment and customer’s FC risk assessment. The role requires active participation in industry forums and public private partnership projects with regulator and industry banks. These are face to face sessions which require active participation from role holder to represent HSBC in the industry forumUndertake gap analysis on local regulation/changes to the guidelines and provide support to business for implementation