Financial Crime Operations Specialist

HSBC • Geneva, IL

22h • Onsite

About The Position

The Financial Crime Operations Specialist supports the review and systematic investigation of Anti-Money Laundering (AML) alerts generated by the transaction monitoring system, piecing together what’s happening behind the transactions and whether the activity represents a genuine AML risk. They research each case using relevant Financial Crime (FC) risk factors and indicators to reach a clear outcome, including whether the alert should be escalated. They also oversee, assist, and support junior investigators as they work through Transaction Monitoring investigations, helping them build strong AML judgement and stay ahead of the risks inherent in FC Operations. In parallel, they partner with the FC Operations Manager to deliver key projects that shape and improve the department’s work. This role requires a sharp analytical mindset and the confidence to apply sound judgement when assessing financial crime risk, and the ability to be part of a cohesive team.

Requirements

• Degree level – Preferably in Law, Banking or Business Administration
• Proven proficiency in Compliance, Banking, Audit or other Regulatory or Risk Functions related work.
• Awareness of Swiss rules and guidelines, as well as applicable foreign laws
• Understanding of Private Banking activity, including comprehension of Securities, Trust Structures, Corporate Structures
• Analytical, well-informed and creative approach to problem-solving
• ability to work autonomously and to the highest level of accuracy and accountability
• Computer and IT systems literate, good communication and writing skills
• Ability to work under stress and time pressure
• Self-assertion, good communication skills and interaction with the Front Office
• Fluent in English and Hebrew (both written and spoken)
• Able to work individually as well as in a team
• Ability to work under stress and take responsibilities
• Internal certification requirements are applicable to the Transaction Monitoring Compliance Officer role
• Only Swiss or EU citizens or candidates holding a valid Swiss work permit will be considered due to immigration restrictions in Switzerland.

Nice To Haves

• Further, training and understanding of forensic report writing, either in Banking environment or similar organisation would be preferred.

Responsibilities

• Conduct initial analysis of customer transactions using internal/external research tools in order to assess if financial crime risks can be identified which require further investigation or escalation
• Identify unusual transactions, non-compliant activity or increased compliance risk
• Document accurately document rationale and evidence for case closure or escalation as appropriate
• Undertake prompt closure of eligible alerts not deemed as unusual or in line with clients’ profile
• Outline if additional enquiries are required and escalate as appropriate for non/low quality responses
• Prepare customer transaction analysis summaries on request
• Undertake sanctions and adverse information screening
• Ensure that investigations undertaken adhere to the HSBC’s Global Standards, Policies and Procedures
• Process requests from other departments as required
• Support the Head of Financial Crime Compliance Operations on special projects
• Assist the AML Advisory, On-Boarding team, On-going Review team, Sanctions and Investigation team
• Engage with Relationship Manager or other teams/departments for additional information
• Assist the Head of Financial Crime Compliance Operations to ensure adequate cover within the AML Transaction Monitoring team to meet the demands of core functions (investigations, Front Office engagement etc.)
• Promote a collaborative working environment, facilitating the sharing of ideas and knowledge to improve the Team’s level of understanding
• Acknowledge the needs of the Team and support other team members where they are dealing with a high profile, or urgent investigations

Benefits

• comprehensive and competitive package of benefits usually covering healthcare, life assurance, pension, and family friendly leaves, as well as many other benefits to support your wellbeing.
• HSBC operates multiple variable pay plans, to reflect the diverse nature of the businesses, roles and markets in which we operate. Variable pay is designed to reward colleagues for their individual performance and contribution, as well as the performance of their relevant Business / Infrastructure, and the overall Group.

What This Job Offers

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