Risk Analyst

TSR Consulting Services, Inc.; Buffalo (NY); Hybrid; USD 73,000 - 81,000; Full time

Benefits offered by this job

Medical insurance

Vision insurance

401(k)

Job summary

Join TSR Consulting Services as a Senior Technical Recruiter, focusing on managing financial crime risks within Corporate & Institutional Business. This hybrid role requires close collaboration with stakeholders to ensure compliance with regulatory frameworks. You'll contribute to the risk assessment process and support operational effectiveness in a dynamic environment.

Qualifications

• Experience in managing client risk assessments.
• Strong stakeholder engagement and communication skills.
• Understanding of financial crime regulations.

Responsibilities

• Assist in managing the day-to-day operations concerning risk management decisions.
• Coordinate with cross-functional teams to ensure compliance.
• Maintain accurate records and log all cases presented.

Skills

Financial Crime

Regulatory Compliance

Stakeholder Management

Risk Assessment

Job description

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Direct message the job poster from TSR Consulting Services, Inc.

Senior Technical Recruiter at TSR Consulting Services

6 months contract -Hybrid

Pay $35

Job id :82512

The Business Financial Crime Risk (BFCR) CSEM Officer works within Corporate & Institutional Business (CIB) Business Risk. CIB Business Risk is responsible for the oversight and mitigation of Financial and Non-Financial Risks in the First Line of Defense. Working with Business areas, the team is responsible for providing specialist risk support on key verticals in:

• Financial Crime

• Regulatory, Governance and Framework including risk identification and assessment of Business Risks as part of the activities and process within the lines of business.

The role will include:

• Assisting the US Head of Wholesale BFCR to manage, improve and maintain the day to day running of US CSEM and ensure the efficient decisioning and execution of client exits.

• The role holder will assist the US Head of Wholesale BFCR in facilitating the decisions around client exits at the country level. In doing so the role holder will coordinate with key stakeholders across the US including CIB, Compliance, Product Representatives, Risk Stewards and Representatives from other business lines, to ensure that the quality of the triggers submitted is adequate.

• The role holder will also work closely with the broader US CSEM team (including those in GSC locations) to maintain an accurate record of all cases presented to CSEM, logging completed cases, as well as cases that require further information or actions before a decision can be made.

• Validation of Triggers, which requires close liaison with the Trigger submitters, who may be from a variety of sources (e.g. Relationship Managers, Business Banking Analysts, FCC etc.)

• Ensuring exit process is timely, orderly and structured, such that the bank is safeguarded against potential reputational, operational, regulatory or legal risk.

• Assist in managing any CSEM policy change and potential impacts on US CSEM process for the end-to-end oversight of operational effectiveness of CSEM process and procedures.

• Coordinate US CSEM input to the RRCSC secretariat to ensure responsibilities of US CIB are discharged as applicable, in relation to reputational risk and client selection processes.

• Work with US BFCR & CIB Risk senior management to manage stakeholder relationships through communication and ad hoc reporting as applicable.

• Support in the local execution of CSEM Quality Control and Quality Assurance results along with associated actions and / or remediation. Engage with stakeholders as appropriate to deliver such actions.

• Manage local decisions: exit decisions are informed by good quality and pertinent information, so that exit execution can be carried out comprehensively across the Group. This ultimately enables effective financial crime risk management while ensuring compliance with conduct- and legal-related obligations with regard to treating customers fairly. Ensures adherence to SLAs or Risk Mitigation as appropriate for constraints.

• Manages local decisions: objective and informed decisions being taken by suitably qualified managers in accordance with HSBC's financial crime risk appetite as to whether a customer should be retained or exited, and whether any additional risk management (such as monitoring or restrictions on activity) is appropriate.

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Contract

Job function

• Job function

  Consulting and Business Development

• Industries

  Staffing and Recruiting and IT Services and IT Consulting

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Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

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