Assistant Vice President Financial Crime Investigations

HSBC • New York, NY

16h

About The Position

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.
Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.
Collects, evaluates, and disseminates information and evidence related to known or suspected fraud, money laundering, terrorist financing activities and other relevant investigations based on the Financial Crime Investigations (FCI) policies and procedures. Establishes and maintains effective liaison and communication with law enforcement, International and Domestic business partners and judicial entities to enhance resolution efforts and evaluates transactions and customer relationships based on established protocol identifying issues and escalating for further investigation. Communicates discoveries and issues with internal FCI constituents and external customers to support successful discovery of financial crime activities, including interviewing customers, relationship managers and business partners in establishing factual resolution of investigative cases.
As our Assistant Vice President Financial Crime Investigations, you will:
Develop and demonstrate proficiency in conducting financial investigations by collecting, evaluating, and analyzing information and evidence related to known orsuspected fraud, money laundering or terrorist financing
Complete all assigned investigations within the 30- 60- or 90-day deadline
Recognize and identify red flags present in the alerts/cases reviewed and ensures are adequately documented in the case file
Interview customers, relationship managers and business partners in establishing factual resolution of investigative cases related to known or suspected money laundering or terrorist financing
Establish and maintain effective liaison and communication with law enforcement, International and Domestic business partners and judicial entities to enhance resolution efforts and maintain AML Compliance Office policies and procedures
Maintain external awareness of research trends, information, and techniques related to money laundering, including knowledge of banking laws and regulations concerning money laundering, BSA and the Patriot Act
Provide expertise and support to the AML Compliance organization on research techniques, capabilities, and systems
Act as a coach to more junior team members reinforcing and advancing their skills and techniques
Communicate with FCI and other internal and external constituents regarding key information gleaned from reviews in accordance with established policies and procedures
Maintain awareness of AML/BSA trends and other related industry practices and helps ensure external knowledge and focus are not lost

Requirements

• Experienced with performing complex investigations, preferably related to financial crime investigations
• Excellent verbal and written presentation skills, preferably experience in presenting to Senior audiences
• Bachelor’s degree in business, finance, accounting, law, related field, or equivalent experience- preferably
• Strong interpersonal, organizational, communications, analytical and project management skills
• Thorough knowledge of products, services, operations and systems and extensive dealing with laws, regulations and regulatory agencies related to assigned areas
• Proficiency with MS Office as well as internet research techniques

Responsibilities

• Develop and demonstrate proficiency in conducting financial investigations by collecting, evaluating, and analyzing information and evidence related to known orsuspected fraud, money laundering or terrorist financing
• Complete all assigned investigations within the 30- 60- or 90-day deadline
• Recognize and identify red flags present in the alerts/cases reviewed and ensures are adequately documented in the case file
• Interview customers, relationship managers and business partners in establishing factual resolution of investigative cases related to known or suspected money laundering or terrorist financing
• Establish and maintain effective liaison and communication with law enforcement, International and Domestic business partners and judicial entities to enhance resolution efforts and maintain AML Compliance Office policies and procedures
• Maintain external awareness of research trends, information, and techniques related to money laundering, including knowledge of banking laws and regulations concerning money laundering, BSA and the Patriot Act
• Provide expertise and support to the AML Compliance organization on research techniques, capabilities, and systems
• Act as a coach to more junior team members reinforcing and advancing their skills and techniques
• Communicate with FCI and other internal and external constituents regarding key information gleaned from reviews in accordance with established policies and procedures
• Maintain awareness of AML/BSA trends and other related industry practices and helps ensure external knowledge and focus are not lost

Benefits

• As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow.
• We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming and inclusive work environment.
• You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives.
• You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC.
• We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!
• Your final fixed pay offer will depend on the candidate and several variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level