AVP Financial Crime CIB IWPB

HSBC Holdings plc; Bengaluru; On-site; INR 3,000,000 - 4,500,000; Full time

Job summary

HSBC Holdings plc, Bengaluru, seeks an AVP Financial Crime CIB IWPB to lead risk stewardship across regional FC teams. You will oversee risk assessments, guide remediation, and partner with FLOD/SLOD. Strong FC controls background and stakeholder influence are essential.

You will prepare data and reports for executive meetings, supporting EWRA, RCA, and policy adherence while shaping regional risk frameworks and governance practices.

Qualifications

• 8–10 years in banking/financial services preferred.
• Minimum 18 months in Risk Stewardship for Financial Crime is essential.
• Strong FC controls knowledge within a global risk framework.
• Excellent written and verbal communication; ability to influence stakeholders.

Responsibilities

• Provide oversight to manage FC risks and ensure controls per global policies.
• Engage with FLOD/SLOD on risk transparency and remediation plans.
• Contribute to governance forums and consolidate risk data for exec meetings.
• Support OE/EWRA and RCA activities, identifying risk trends and improvements.
• Lead regional/market FC risk governance and ensure timely action plans.

Skills

Risk stewardship

FC risk controls

Stakeholder management

Executive reporting

Regulatory awareness

Communication skills

Education

Bachelor’s degree in a relevant field

Tools

RCA/CMP process

EWRA framework

Job description

Job Title: AVP Financial Crime CIB IWPB

• Financial Crime (FC) function is part of the Second Line of Defence (SLOD) activity that includes “Risk Stewards” who are independent of the commercial risk‑taking activities undertaken by the Group’s businesses (also referred to as “First Line of Defence” or “FLOD”). The Risk Stewards are responsible for providing subject matter expertise, advise, guidance and effective challenge to the FLOD to ensure that, as Risk and Control owners, they effectively manage the FC risks for which they are responsible. FC risk is a non‑financial risk that includes ‘Fraud,’ ‘Money Laundering, Terrorist Financing, Proliferation Financing,’ ‘Bribery and Corruption’, ‘Sanctions or Export Controls Breaches’, and ‘Tax Evasion’. The FC function operates in accordance with HSBC Group’s Risk Management Framework (RMF).
• Work with a team of Financial Crime (FC) risk professionals supporting the Risk stewardship teams across Group / Regions and Markets, in addition to playing an advisory role/influence the direction of the risk discipline to effectively identify and mitigate FC risk. Support VP Risk Stewardship, and the remit of role holder will be to support the Global / Regional / Markets FC teams.

Governance and Committee Memberships:

• Support in preparing FC inputs at any relevant FC / Non‑Financial Risk (NFR) forums hosted by FLOD or SLOD as appropriate.

In this role, you will:

Principal Accountabilities: key activities and decision‑making areas:

• Role holders will carry out activities that will include most of the following, but not limited to:
• Provide oversight and direction to business to manage FC risks and ensure controls as described in the Global Line of Business procedures and HSBC Global Policies and Procedures.
• Proactively engage with FLOD and SLOD to ensure transparency relating to risks and control assessments, ongoing control remediation plans and trigger events oversight for both internal and external events.
• Build strong partnership at regional and country level working across the entire FC structure as well as with the lines of business and functions including DBS where applicable.
• Preparation, review, challenge and consolidation of accurate data, reports, and presentation packs for key executive meetings/forums.
• Provide support and guidance on Operational Effectiveness (OE) and Enterprise‑Wide Risk Assessment (EWRA) and Risk and Control Assessment (RCA) while presenting and evaluating the risks and controls identified through OE and EWRA.
• Develop and maintain risk steward view of effectiveness of the financial crime risk framework and ensure consistent communication to relevant risk governance meetings.
• Support Senior Management with the analysis of country and regional audit and assurance reports and ensure all identified issues have the appropriate action plans and the responsible owners are executing to plan to meet the completion deadline on time.
• Responsible for ensuring the clearance of risk‑based policies/advice produced and documented.
• All significant / material issues reported appropriately and in a timely manner while tracking and discussing a viable Path to Green action plan.
• Display a proactive approach to the identification of FC risk change and potential impacts with insightful analysis and prioritization of relevant information.
• Support the Senior Management by providing regular/ad‑hoc briefings on various FC topics pertinent to the LOB.

Impact on the Business

• Develop and implement best practice standards, and procedures to govern the execution of oversight and reporting.
• Proactively identify FC risk changes and potential impacts with insightful analysis and prioritization of relevant information.
• Define Regional and Designated Markets’ Assurance Plans and subsequent adjustments collaborating with FC Assurance and internally within the FC function.
• Maintain an inventory of FC Risk Steward relevant activities.
• Proactive collaborate to ensure effective support to the EWRA exercise for the Region and relevant Markets, by timely advice and assistance in aligning the risk ratings and FC risk framework to ensure quality output.
• Support Senior Management by providing regular/ad‑hoc briefings on various FC topics pertinent to the LOB.
• Review, monitor and analyze emerging issues and risks and identify appropriate FC related trends.
• Represent FC in relevant governance forums and attend to all internal and regulatory audits and inspections relevant to the business covered.
• Support Projects as SME support (FC performance, Governance planning, Training etc.)

Leadership and Teamwork

• Support in developing and communicating a powerful and compelling vision that inspires and engages people with the HSBC values and goals as the basis of an inclusive, high performance, customer‑centered culture.
• Support in leading, developing and motivating the leadership team to attract, retain and develop talent to provide for succession and ensure delivery of business objectives.
• Drive and encourage constructive cross‑country and cross‑business teamwork by demonstrating collaboration and matrix management in action and taking prompt action to address any activities and behaviors that are not consistent with HSBC's diversity policy and/or the best interests of the business and its customers.
• Take lead where appropriate and also work effectively as part of a team, to contribute to the team output through communication, initiative / being pro‑active, cooperation, ownership, and identification of improvements.
• Collaborate effectively with all stakeholders at various levels of Global, Region, Markets, Lines of Business and Functions.

Management Risk

• The management of financial crime risks is an integral part of the role profile. This role will continually reassess the operational risks inherent in FC by taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.
• This will be achieved by ensuring all actions take account of the likelihood of financial crime risk occurring and by addressing any areas of concern in conjunction with line management and / or the appropriate department.
• Any concerns must be escalated through line management as soon as they become apparent.

Others

Operational Effectiveness & Control

• Support to drive the continuing development or transformation of the Financial Crime operating model to ensure the business operates increasingly effectively and efficiently and is able to deliver HSBC's strategic goals.
• Support to establish and maintain a robust and efficient control environment across Financial Crime to ensure good operational, financial and project management and compliance with HSBC policy and procedures, together with early identification and effective resolution of issues that arise.
• Support to lead the development, implementation and maintenance of a Regional and designated Markets management information, analysis and reporting framework that supports and informs timely and effective business management and decision making at all levels.
• Support with embedding of Global FC Policy and governance frameworks across Financial Crime function to ensure quality, effective risk management and regulatory adherence.
• Proactively identify, manage and mitigate control and process failures and, work with first line of defense to introduce remediation plans.
• Maintain awareness of operational risk within assigned portfolio and minimize the likelihood of it occurring including its identification, assessment, mitigation and control, loss identification and reporting.

Observations of Internal Controls

• The jobholder will also adhere to and be able to demonstrate adherence to internal controls. This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators.
• Managers are accountable for setting the ‘tone at the top’ which underpins the principles of a positive and effective internal control environment. They should exhibit leadership and direction to their teams for establishing and maintaining an effective internal control environment, including the development and management of policies and procedures where appropriate. Managers should also ensure that suitable processes are put in place to review and oversee the internal control environment against those policies.
• The nature of the role requires close working contact with Global, Region, Markets, Senior Executives in FC, Lines of Business and Products and other functional areas such as DBS /IT / Legal etc.

Major Challenges

• The jobholder is responsible for managing and mitigating operational risks in their day‑to‑day operations. In executing these responsibilities, the Group has adopted risk management and internal control structure referred to as the ‘Three Lines of defense’. The jobholder should ensure they understand their position within the Three Lines of Defense, and act accordingly in line with operational risk policy, escalating in a timely manner where they are unsure of actions required.
• Through the implementation the Global FC Policy, and Line of Business Procedures the jobholder will make informed decisions in accordance with the core principles of HSBC's Financial Crime Risk Appetite. Continuously reassessing risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.

Role Dimensions

• The job holder will be an individual contributor reporting to VP FC CoE Risk Stewardship and supporting Regional Line of Business and designated Markets.

To be successful you will:

Functional Knowledge:

• Overall work experience of 8-10 years in the banking / financial services industry - Preferred.
• At least 18 months of work experience in Risk Stewardship role in Financial Crime Risk - Essential.
• Strong working knowledge of FC controls mitigating FC Risk and the various underpinning activities forming the overall Risk Management framework - Essential.
• Working knowledge of the Global Non‑Financial Risk (NFR) Framework and Technical User Guides (TUG) – Essential.
• Working knowledge of the both IWPB & CIB Lines of business, as well as pertinent compliance risk policies and regulations – Preferred
• Working knowledge of RCA & CMP process from 2LOD perspective - Essential
• Interpersonal Skills (i.e., collaboration and networking) with experience of dealing with stakeholders including the capacity to articulate the case for risk management. - Preferred
• Excellent communication skill (oral, written, and presentational) with the ability to influence others through use of compelling facts, thought‑provoking discussion and logic and use diplomacy and tact to resolve differing views. - Essential
• Experience of interpreting and analyzing a large volume of information and / or data and provide succinct summary for management. - Preferred

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