Compliance jobs in Singapore

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Financial Crime Compliance aligns current activities within Global Risk and helps to build these into a more integrated framework to conduct Customer Due Diligence which enables HSBC to manage financial crime risk more effectively. It builds stronger controls to improve the way Financial Crime Compliance risks are managed in order to spot gaps as well as trends so that the team can take action. It proactively gathers and analyses financial intelligence in a smart way so that suspicious transactions, activities or connections can be identified and we can adequately protect our customers from the threat of financial crime.

We are currently seeking a high calibre professional to join our team as a Vice President, Financial Crime Sanctions.

• Monitor Trade, Economic and Financial Sanctions (including sanctions programs administered by the U.S. Office of Foreign Assets Control, United Nations, and His Majesty's Treasury's Financial Sanctions, (collectively referred to herein as Sanctions), and global risk management framework to meet legislative and regulatory requirements in Singapore
• Assist Head of Sanctions in providing oversight and management, of all aspects of Financial Crime Risk on sanctions including impact analysis of regulatory changes within Singapore
• Collate potential breaches of sanctions from across the business lines & subsidiaries in Singapore, report management and escalate to Heads of Sanctions
• Act as point of contact for internal stakeholders in relation to sanctions risk (including regulators) within Singapore
• Stay at the forefront of key regulatory changes to ensure proactive communication with business and implement appropriate policy and framework to manage the changes
• Participate in and work with relevant local industry bodies and groups in relation to sanctions related initiatives, trends and proposals
• Provide advice to business across Singapore on sanctions risk associated with prospective business, products and service and design mitigation controls and implement strategies as appropriate

• Degree holder with prior experience in sanctions advisory roles, ideally within Singapore-based financial institutions
• Ability to work under pressure, manage multiple tasks, and meet tight deadlines; Strong analytical and critical thinking skills, with the ability to interpret complex regulations and address sanctions issues independently
• High attention to detail, logical reasoning, and the ability to work both independently and collaboratively within a team
• In-depth understanding of Singapore's regulatory framework on sanctions, including MAS requirements and local market risks, and familiarity with international sanctions regimes (e.g., Office of Foreign Assets Control, United Nations, United Kingdom, European Union) and their application in Singapore
• Track record of implementing or supporting enhancements to sanctions-related processes or systems; Excellent written and verbal communication skills, with the capacity to justify and clearly articulate decisions to stakeholders
• Professional certifications (e.g., Association of Certified Anti-Money Laundering Specialists (ACAMS), International Compliance Association (ICA)) are advantageous

http://www.hsbc.com/careers

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Issued by The Hongkong and Shanghai Banking Corporation Limited.