Senior Know Your Customer Review Officer
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About The 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. Assesses Anti-Money Laundering (AML)/Terrorist Financing and overall client risks of Corporate Institutional Banking (CIB) new and existing customers (including Business Banking, Middle Market, Large Corporates, Commercial Real Estate). Reviews the Know your Customer (KYC) profiles of customers at onboarding and during periodic and event-driven reviews. Evaluates information from KYC Services to determine the Bank's appetite to onboard or maintain the customer. As our Senior Know Your Customer Review Officer you will: * Provide an independent review of the AML/Terrorist Financing and overall client risks presented to CIB by new and existing customers * Determine the progression of files, the business and compliance approvals needed to bring on or maintain a customer relationship, based on the risks presented in the customer's KYC file to assess money laundering and terrorist financing risks, as well as whether the customer fits with the Bank's overall risk appetite * Maintain relationships with internal stakeholders in the Customer Due Diligence (CDD) services department, CIB's front office, AML Compliance, and other areas to help ensure requisite support for timely completion of customer due diligence reviews * Deliver updates to the front line and KYC Services on trends and issues that surfaced in the risk review process to help create and maintain a compliance culture within CIB * Maintain awareness of AML/Bank Secrecy Act (BSA) policy updates, procedural changes and updates in compliance guidance which forms the basis for how we assess money laundering and terrorist financing risk * Ensure activities comply with applicable internal policies and procedures and external regulation * Escalate more complex or significant issues to manager to ensure their timely resolution. Participate in special KYC Services review, projects, and training efforts, as required.
