Avp, Investigative Reporting, Gsc's - Hyderabad, India - HSBC

HSBC

Verified Company

Hyderabad, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Job description

Some careers shine brighter than others.
If you're looking for a career that will help you stand out, join HSBC and fulfil your 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.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories.

We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Assistant Vice President - Investigative Reporting

Why join us?

Financial Crime Investigations (FCI) is responsible for the mitigation of financial crime threats the firm faces now and may in the future, pioneering the techniques and technology that protect our business, our customers, and the many communities in which we operate from the harms associated with financial crime.

FCI, working with partners across the Bank, harnesses intelligence, analytics, technology, investigation, information sharing, and public-private partnership to achieve this end, always seeking the most effective and efficient means.

FCI, as part of one Compliance, supports building the case for a more efficient and effective regulatory approach by defining a potential new regulatory landscape based on practical, tested innovation and serving as a thought leader in the ongoing public debate on the future of regulatory compliance.

The Opportunity:

The role-holder will be responsible for managing a team of Financial Crime Investigators tasked with conducting Investigations concerning accounts/transactions where potential financial crime risk has been identified pertaining to ASP, specifically HK (AMH & HASE).

Sources of Investigative referrals stem from FC-UARs, Transaction Monitoring (including, Dynamic Risk Assessment - DRA), escalations from Fraud Operations and cross-border referrals from other Investigative functions.

Where necessary, the team will be required to refer and/or escalate Investigative outcomes to the local onshore MLRO function in accordance with the Investigative Reporting Procedures and localized regulatory requirements (defined by the respective market) for regulatory decisions and filing; with considerations made in respect to whether any Referrals for Action may be required.

The role-holder will be required to direct the teams to ensure processes are implemented and executed in accordance with Group-defined procedures and any regional requirements; equally, ensure that quality decisions and written products are produced in a timely manner, adhering to the Group/European regional SLAs.

Manage stakeholder relationships with the onshore MLRO and Investigations team to provide detailed insight into case ageing, quality outcomes, escalation of any issues and management of any feedback.

What you'll do:

Effective and timely investigation into assigned cases in accordance with agreed Investigative Reporting requirements and Service Level Agreements

These cases may include:

Unusual Activity Reports from colleagues in our overseas IR teams which will need to be checked that decision making is correct and that the Investigation Reports attached are in line with Global IR guidelines.
Unusual activity reports from various parts of the bank as well as other HSBC entities as applicable, including other business lines and functions;

- escalated cases from transaction monitoring systems (including a new automated monitoring solution

Dynamic Risk Assessment
DRA);
Escalated cases identified by true matches to screening lists escalated from Name Screening teams;
Crossborder referrals; and
Escalated cases from Fraud Operations.
Ensure Investigators perform, in line with the in order to identify any probable financial crime related issues, or mitigation of any financial crime risks.
Ensure through Manager Review that high quality investigative narrative (Investigation Reports) are prepared and the case file is populated with appropriate documentation.
Ensure that review recommendations are made as appropriate, which may include referral to the MLRO as to whether a Suspicious Activity Report (SAR) should be filed or not or escalation to appropriate other teams for coordination and further review as required (Sanctions, ABC, Major Investigations, etc).
Ensure where appropriate, interaction with relevant stakeholders, including, Triage, Complex and Major Investigations, and Customer Selection Exit Management (CSEM) (CSEM) Secretariat to manage financial crime risk is done in accordance with procedures.
Provide information on completed Investigations to Senior Management and other internal stakeholders for risk management, where appropriate.
Deliver to team,