Manager, Financial Crime - Corporate Institutional Banking, UAE (UAE National Only)

HSBC•Dubai, ME

About The Position

Some careers grow faster than others. If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. Job Purpose: The Job holder supports Senior Management in meeting their regulatory obligations by providing an active support in the implementation of Sanctions policy, Anti Money Laundering (AML), Counter Terrorist Financing (CTF) in compliance with, the UAE Central Bank regulations and Group’s Global Policies and Principles and international standards. The jobholder supports the UAE Head of Financial Crime to; identify and contain Financial Crime Risks compliance risks, foster a compliance culture in the Bank, optimize relations with the Regulators, protect the reputation of the Group and comply with applicable Group policies and standards and local laws and regulations in order to prevent criminal sanctions. In the execution of the financial crime duties, the job holder must independently handle the tasks assigned to him/her and be able to take decisions on matters within their designated authority. The job holder must be able to independently analyze and critically evaluate the responses received without much supervision and escalate as appropriate. The person will be responsible for providing Sanctions, AML, CTF advice and guidance relating to their assigned area of responsibility to the relevant business areas in the UAE Compliance team.

Requirements

Graduation degree is REQUIRED– to secure a UAE Visa and Work Permit
The jobholder must have at least 5 years’ experience in AML and Sanction Compliance roles.
Experience of the full range of commercial banking services and have a strong subject matter expertise in the area of Anti-Money laundering including regulatory environment and local regulations.
The ability to multi-task across many fields involving potentially complex projects and multiple teams
Proven communication and influencing skills with the ability to communicate and in writing at all levels
An excellent command in English

Nice To Haves

Experience of people management preferable

Responsibilities

Support Compliance and Business Management in meeting HSBC’s regulatory and Group requirements on Anti Money Laundering and Sanctions risk
Support the implementation of KYC policies and Customer Due Diligence requirements in Corporate Institutional Banking UAE.
Providing Compliance support and direction on the onboarding of CIB customers.
Providing guidance and direction to CIB RMs on the application and implementation of FC Compliance policies and procedures applicable to CIB customers.
Assisting the UAE Head of Financial Crime Compliance in their responsibility for complying with all relevant Laws, Rules, Regulations and Group policies related to Financial Crime and more specifically AML/sanctions.
Approve Cash Deposits from Compliance perspective as per AML LOBP cash threshold guidelines for CIB.
Where required prepare and or provide input on regulatory filings and correspond with regulatory agencies as agreed with the UAE Head of Financial Crime
Provide guidance to business areas on AML and sanctions risk and exposure related to Onshore Corporate banking customer account opening and transactional activity in more complex situations.
Approve Cash Deposits from Compliance perspective as per AML LOBP cash threshold guidelines.
Conduct reviews for Branches and Business areas for AML/CTF/Sanctions compliance. Produce review reports and make recommendations.
Support the UAE Senior Manager Advisory/ UAE Head of Financial Crime on country compliance reviews
Balancing Business opportunities and needs with complex regulatory requirements
Balancing local regulatory requirements with international standards and Group requirements
Evaluating reputational AML, CTF and Sanctions risk arising from customers and transactions