The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (COVID-19), we?re leveraging our digital capabilities to ensure we can continue to recruit top talent at HSBC. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have. Some careers open more doors than others. If you?re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further. Principal Responsibilities The Vice President - IR is a key strategic risk management role that has a broad remit, accountability and responsibility for supporting the Head IR in implementing policy for the anti-money laundering (?AML?) and counter-terrorist financing (?CTF?) (collectively referred to herein as ?AML?) Investigations, risk management framework to meet AML requirements and legislation in India. This includes providing oversight and management of AML Investigations including impact analysis of regulatory changes, and driving coordination and execution of the various FCI ? Investigations work streams and assurance, while ensuring alignment with the framework laid down by the Group. The role requires strong partnership with the lines of business (LOB), Global Functions (GFs) and CMP & FC Risk Steward teams, acting in concert with them to drive the implementation of FCI framework. It will monitor and track the progress of various work streams and initiatives underway which fall under the umbrella of Investigations Work-stream under CMP-FC, provide policy advice related to all business line products, services and clients, and ensure that the FCI function is resourced adequately to address the risks associated with all business lines in India. The role will also need to stay at the forefront of key changes to ensure proactive communication with the business and develop appropriate policy and framework to manage the changes, particularly extra territorial changes. The role holder will be the go-to person for the work stream leads to ensure processes are coordinated and implementation risks and issues are considered and addressed. The role is a forward looking role and requires strong partnership with business to drive and accelerate the AML programme and assist in the execution of the Investigative Reporting function under FCI that directly impact business performance.

• Work with relevant contacts in Global Businesses and Global Functions to ensure consistent and effective application, and implementation, and controls to evidence related with Investigative Reporting standards, policies and procedures.
• Act as principal point of contact for internal and external stakeholders in relation to Transaction Monitoring/Investigation risk (including regulators)
• Accountable to the country Head of IR FCI for driving the effective risk mitigation through transaction monitoring and investigation function by meeting the quality and efficiency objectives
• Stay at the forefront of key regulatory changes to ensure proactive communication with business and implement appropriate group policy and framework to manage the changes.
• Provide advice to business across India on risk associated with prospective business, products and service and design mitigation controls and strategies as appropriate.
• Intersecting and representing FC/FCI with senior business leadership.
• Act as the Alternate Principal Officer with FIU IND, for the Bank and manage all regulatory reporting and interactions with the regulator.

Impact on the Business / Function

• Support Head IR in driving delivery of objectives in line with organisational strategy - implement communications strategy, for standards, systems and policies, regarding FCC topics in India.
• Identify, assess, oversee and communicate all requirements relating to AML regulatory guidance and law enforcement trends regarding INM?s business activities.
• Implement criteria for integration and analysis of suspicious activity surveillance and reporting results, escalation of analysis and events across India.
• Ensure that the Group?s exposure to regulatory and reputational risks is managed at a country level, in a commercially sensible, practical and cost effective manner.
• Discharge the relevant accountabilities as set out in the Group FCC standards framework in India.
• Manage and lead the required remedial action of all material FCC issues involving India that arise to ensure effective implementation, through internal and external reviews.
• Implement satisfaction of the Bank?s requirements and commitments under the enforcement actions emanating from any regulatory authorities
• Leadership to drive, develop and implement programmes to quantify impacts and implement actions to address and mitigate impacts of AML risk embedded in client activity within the country.
• Establish and implement global standards and strategic policies which ensure exposure to current and emerging risks are managed effectively
• Manage the regulatory reporting, interactions and correspondence.

Customer/ Stakeholders

• Support the India Head of IR in the provision of reports on a country wide basis to the EXCO/RMM (and, as necessary, regulators) on TM issues.
• Ensure that the India Head of IR is appropriately advised of material AML issues in India
• Work effectively with principal regulators and industry bodies on AML matters.
• Lead / liaison with relevant stakeholder within Global Business and Country teams to provide expertise and support on all FCC related matters.

Leadership & Teamwork

• Support India Head of IR, Develop and deliver the strategy for the IR function.
• Coordinate between Compliance, Global Business, Risk, Technology, Internal Audit, and Legal, and others as appropriate in India.
• Foster positive and professional working relationships within CMP teams and other senior Vice Presidents.
• Be accountable for developing, setting and deliver the FCI strategy for the country
• Maintain and develop positive and professional working relationships with senior business Vice Presidents at the Regional and Country levels.

Operational Effectiveness & Control

• Be creative/innovative in implementing Group policies
• Maintain awareness of operational risk within assigned portfolio and minimise the likelihood of it occurring including its identification, assessment, mitigation and control, loss identification and reporting.
• Maintain and observe all HSBC control standards and implement and observe the Group Compliance Policy, including the timely implementation of recommendations made by internal/external auditors and external regulators in India.

Requirements

• Seasoned professional with experience in one or more senior risk compliance roles, to include significant AML experience.
• At least 10 years of banking experience, preferably with at least 2 years of experience in the areas of Financial Crime.
• Extensive knowledge of AML regulations and guidance.
• Extensive knowledge of the HSBC Group structure, its business and personnel, and a deep understanding of HSBC?s corporate culture.
• Significant experience in the financial services industry.
• Lateral thinker with an ability to interpret and solve complex issues.
• Excellent communicator with strong inter-personal and influencing skills.
• Experience developing an assurance model and leading a review team.
• Experience in leading assurance work in a complementary discipline e.g. Audit would be an advantage.
• Ability to lead change, contributing to joining up with the other teams in Risk and Business at Country level
• Experience of dealing with regulatory matters and confident interaction with Regulators.
• ACAMs or related certification would be preferred but not mandatory.
• 
  Minimum Graduation or as required for the role, whichever is higher.

Additional Information

• Mandatory to successfully complete Anti-Money Laundering and Sanctions training and post-course assessment, as required.

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