Associate II, Financial Crime Risk & Controls

Job Description

Who is HSBC Innovation BankingHSBC Innovation Banking is the power behind the UK’s forward-thinkers, future-makers, and leap-takers, helping them ignite the bold ideas that reshape our world. We offer flexible banking solutions for start-ups, scale-ups, growth businesses, investors andthose working towards IPO typically within the technology and life science sectors.Whether it’s comprehensive banking, managing cashflow, plans for buyouts or Strategic Fund Solutions, we power ideas at every stage of their journey. From the first-time founders to the funds that back them, and everything in between. Were proud to accelerategrowth for our clients, create meaningful connections and communities, and open a world of global opportunity for entrepreneurs and investors alike.Here’s to never standing still. Come and join us!The team you’ll work with:The HSBC Innovation Bank UK, Financial Crime Risk & Controls (FCRC) team is a First Line of Defense (FLOD) team that are responsible for identifying, investigating and monitoring relationships that pose a money laundering or terrorist financing risk to theBank. They provide crucial support across all of our all legal and regulatory requirements relating to anti-money laundering (AML) and counter terrorism financing.The value you’ll add:Working as part of our wider Risk function, you’ll work within a defined team of Financial Crime experts where you’ll provide holistic risk oversight, primarily by reviewing and assessing sanctions and potential reputational risk cases for both existingclients and new to bank prospects, often acting as an advisory board to first line of defense (1LoD). You’ll also partner closely with wider business operations and Product teams to ensure all regulatory obligations are met and understood.What you can expect to be doing:Carrying out risk assessments; reviewing HSBC Innovation Banking’s high risk business categories client relationships and prospects.Working closely with our Relationship Management teams to help them to understand and identify risk within their existing portfolio and prospects.Reviewing and responding to financial crime and reputational risk considerations from the first line of defense (1LoD)Assist clients/prospects to ensure compliance with HINV’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 PEP and Adverse Media assessment following submission of approval requests.The experience you need:Existing managerial experience within Financial Crime in a Tier 1 Bank, Financial Services Institution or Fin TechStrong experience in writing and reviewing financial crime policies and procedures.An understanding Tier 1 Financial Crime legislative requirements and industry requirements and best practice requirementsExcellent written skills for report writing and policy enhancement.Excellent communication skills, with the ability to convey complex information to varied stakeholders.Where you’ll be based:Our home office in Finsbury Square, London. We offer hybrid working to all of our employees, so you can flex between home and the office.Equal Employment OpportunityHSBC Innovation Banking is an equal opportunities employer. We support inclusive practices within our assessment process. If you need any specific support or adjustments, please highlight to your Recruiter or via your application