Hybrid FinCrime Risk & Controls Associate II

HSBC Innovation Bank Limited; Greater London; Hybrid; GBP 65,000 - 90,000; Full time

Job summary

HSBC Innovation Banking in the UK is seeking an Enhanced Due Diligence specialist to support fintech and NBFI portfolios in London. The role emphasises financial crime risk assessments, PEP/adverse media checks, and geographic risk analysis within a ringfenced team.

You will work in a hybrid setup (office 2 days/week) with Relationship Teams, ensuring regulatory compliance and timely, accurate decisions while upholding HSBC standards.

Qualifications

• Knowledge of AML/CTF and sanctions within UK regulatory environment.
• Experience in financial crime risk management and reviews.
• Strong understanding of regulatory obligations in financial services.
• Detail-oriented with ability to interpret complex business models.

Responsibilities

• Review high-risk client relationships and NBFI/DACs.
• Perform financial crime risk assessments incl. PEPs/adverse media.
• End-to-end financial crime assessment from initiation to approval; include geographic risk.
• Serve as SME to Relationship Teams for AML/sanctions risk.
• Manage referrals with accuracy, quality, and pace.
• Liaise with clients to ensure policy adherence; timely follow-ups.
• Escalate issues for SAR review and resolution.
• Suggest process enhancements to remain compliant within risk-based approach.
• Maintain awareness of current regulatory obligations.
• Guide FLOD colleagues to embed financial crime risk culture.
• Support papers to Reputational Risk and Client Selection Committees.
• Assist fintech governance committees with pack generation and minutes.
• Collaborate with 2nd Line of Defence on complex matters.

Skills

Financial crime in UK

Regulatory compliance

Attention to detail

Team collaboration

Communication skills

Tools

Regulatory frameworks

Job description

HSBC Innovation Banking in the UK is seeking an Enhanced Due Diligence specialist to support fintech and NBFI portfolios in London. The role emphasises financial crime risk assessments, PEP/adverse media checks, and geographic risk analysis within a ringfenced team.

You will work in a hybrid setup (office 2 days/week) with Relationship Teams, ensuring regulatory compliance and timely, accurate decisions while upholding HSBC standards.