Vice President- Fig

Hsbc; Xico; Presencial; MXN 1,616,000 - 2,156,000; Jornada completa

Descripción de la vacante

A global banking institution located in Xico, Mexico is seeking a Vice President for FIG. This role focuses on managing risks associated with the Correspondent Banking portfolio across Latin America. The successful candidate will support risk governance frameworks and ensure compliance with policies and regulatory requirements. An understanding of financial crime compliance and correspondent banking is essential. The position also encourages professional development and a culture of well-being.

Servicios

Paid leave for significant life events

Focus on gender equality and employee training

Culture of well-being and balance

Formación

• Comprehensive understanding of HSBC Group structures and processes.
• In-depth knowledge of correspondent banking and financial crime compliance.
• Preference for Spanish language skills.

Responsabilidades

• Support the Regional Head in risk management of Correspondent Banking.
• Engage with country and Regional Head to update on risk management.
• Ensure compliance with internal and external governance frameworks.

Conocimientos

Understanding of HSBC Group operations

Knowledge of correspondent banking

Financial crime compliance expertise

Spanish language skills preferred

Risk identification and mitigation

Descripción del empleo

Vice President – FIG

ObjIn the FIG management team within LAM, responsible for supporting the Regional Head in end to end risk management and governance of the Correspondent Banking portfolio (including Banks, Money Service Businesses (MSB) and Third Party Payment Processors(TPPP)) in Latin America, and the management of the Affiliate Relationship Management function, team and associated risk and governance in Latin America.

The LAM Lead is responsible for ensuring that the respective portfolios are managed in compliance with policy and risk appetite, and that risk is monitored, managed and appropriately mitigated.

The LAM Lead is responsible for the regional governance framework to manage the risk.

Operational Effectiveness & Control

Regular engagement with the country and Regional Head of CB & Affiliates to provide a formal update and MI to support ongoing risk management of the CB and Affiliate portfolios

Ensure that CB and Affiliate business is conducted in accordance with the Global Line of Business Policy, Affiliate Target Operating Model, FIM, Business Procedures and Global Standards across all LAM sites

Support country teams with appropriate linkages, HELIOS input, control maintenance as required

Ensure that affiliate to affiliate relationships are managed on an arm's length, professional basis, to a least the same standard as a third party client relationship.

Create / develop framework for training, transition and operational expectations for in country management of Affiliate and CB risk

Major Challenges

• Understanding complex CB & Affiliate relationships and activities.
• Working across countries in a matrixed environment across GB and Wholesale.
• Obtaining sufficient and regular MI and interpreting it to take informed decisions about CB and Affiliate risk.
• Detailed understanding of CB & Affiliate risk and actions required to mitigate risk.
• Understanding and ensuring compliance with regulatory requirements as it pertains to the Affiliate credit requirements.
• Receiving regular access to negative news, internal due diligence reports and trigger events and acting on them at the right level to mitigate the risk incurred in service provision to CBs and Affiliates.
• Maintenance of up to date list of Correspondent Bank & Affiliate relationships.
• Thorough understanding of the CB and Affiliate business, client base and drivers of relationship development and revenue.

Role Context

Performing cross-line of business activities

Understanding financial crime risk across LAM markets

This role is created to improve control and oversight of LAM CB & Affiliate relationships in financial crime risks, and address increased regulatory scrutiny.

It provides an opportunity to work across a broad spectrum of processes and departments to effectively manage CB and Affiliate risk.

The role holder will take direction from country, regional, and global management.

She / He / They will be expected to adopt a flexible approach to work and maintain an outstanding level of professionalism and conduct.

Management of Risk

Identification of Operational, Financial Crime and Reputational Risks and the ability to mitigate these risks by creating an action plan.

Maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.

Observation of Internal Controls

Enhance and / or embed (where appropriate) the right level of controls for CBs / Affiliates

At HSBC, we expect our people to treat each other with dignity and respect, creating an inclusive culture that promotes equal opportunity.

Our values define who we are as an organization and what distinguishes us, we value difference, we move forward together, we take responsibility for our actions, we use good judgment, we do the right thing and we make things happen.

At HSBC we are focused on guaranteeing gender equality and constant training for our employees as well as the protection of their labor and social rights.

At HSBC we offer our colleagues a greater number of days so that they can fully enjoy their wedding, take care of the new member of the family, or grieve the loss of a family member. Our paid leave package is at the forefront in Mexico, now you have one more reason to be HSBC and proudly live a culture of well-being, balance and care

We want you to be part of our team! Find out what it is like to work with us

Requirements

• Comprehensive understanding of HSBC Group structures, processes and objectives.
• In-depth knowledge of correspondent banking, financial crime compliance and the external regulatory / industry environment, as well as GLCM services and correspondent banking.
• Knowledge of LAM, ideally financial crime risk typologies in LAM
• Preference for Spanish language skills
• Sound understanding of due diligence, risk identification and mitigation.
• Understands the Global Compliance functio