Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.
Financial Crime (FC) is a Second line of defense (LOD) function that includes ”Risk Stewards” who are independent of the commercial risk-taking activities undertaken by the Group’s businesses (also referred to as “the First LOD”). Financial Crime also operates a set of critical controls on behalf of HSBC’s businesses by harnessing intelligence, analytics, technology, detection and investigation. Financial crime risk is a non-financial risk that includes fraud, money laundering, bribery and corruption, sanctions violations, terrorist financing, proliferation financing, export control violations and tax evasion. Financial Crime operates in accordance with HSBC Group’s Risk Management Framework (RMF).
The US Head of Financial Crime Investigations is the Control Owner and Senior Accountable Executive responsible for the operating design, procedures, and oversight of the execution of all financial crime investigations and AML Transaction Monitoring (TM) alert-analysis in the US for HSBC. Additional key responsibilities include design and oversight of the execution of the US Financial Crime CSEM exit process for financial crime risk undertaken by our lines of business. This role reports directly to the Managing Director, US Head of Financial Crime BSA/AML Officer
As our Director US Head of Financial Crimes Investigation you will:
increasing sophistication of operational management, work force planning, and creating resource fungibility to better respond to casework spikesOverseeing and driving a US FC Investigations location strategy (FC Investigations Center of Excellence) and optimization initiatives to improve efficiency while sustaining capability, quality, timeliness, leveraging automation, emerging technologies such as AI, process re-engineering and control of investigative scope of caseworkWorking with FC Risk Stewards and Lines of Business (Commercial Institutional Banking, International Wealth Private Banking) to ensure that investigative findings continuously improve HSBC’s financial crime control framework, where control failures or potential control gaps are identified. Using these same outputs in partnership with US Assurance and Group Internal Audit to inform their own activities and planningOverseeing and improving US FC CSEM exits process focused on timeliness of exit and inhibits to mitigate financial crime risk to HSBC and our customers, to ensure that inappropriate exits or retain decisions are minimized and to provide actionable insights to lines of business and risk stewards on nature of customers exited for suspected financial crime riskCreating a people development environment including framework and supporting materials to enable a diverse pipeline of talent to develop and progress in their careersEnsures that external regulatory reporting (such as SARs, 314a and 314 b requests) is performed effectively and within applicable laws , regulatory and FC standards including global exposure reviews.
For this role, HSBC targets a pay range between $250,000.00 and $350,000.00
The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.
At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.
Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.
Financial Crime (FC) is a Second line of defense (LOD) function that includes ”Risk Stewards” who are independent of the commercial risk-taking activities undertaken by the Group’s businesses (also referred to as “the First LOD”). Financial Crime also operates a set of critical controls on behalf of HSBC’s businesses by harnessing intelligence, analytics, technology, detection and investigation. Financial crime risk is a non-financial risk that includes fraud, money laundering, bribery and corruption, sanctions violations, terrorist financing, proliferation financing, export control violations and tax evasion. Financial Crime operates in accordance with HSBC Group’s Risk Management Framework (RMF).
The US Head of Financial Crime Investigations is the Control Owner and Senior Accountable Executive responsible for the operating design, procedures, and oversight of the execution of all financial crime investigations and AML Transaction Monitoring (TM) alert-analysis in the US for HSBC. Additional key responsibilities include design and oversight of the execution of the US Financial Crime CSEM exit process for financial crime risk undertaken by our lines of business. This role reports directly to the Managing Director, US Head of Financial Crime BSA/AML Officer
As our Director US Head of Financial Crimes Investigation you will:
increasing sophistication of operational management, work force planning, and creating resource fungibility to better respond to casework spikesOverseeing and driving a US FC Investigations location strategy (FC Investigations Center of Excellence) and optimization initiatives to improve efficiency while sustaining capability, quality, timeliness, leveraging automation, emerging technologies such as AI, process re-engineering and control of investigative scope of caseworkWorking with FC Risk Stewards and Lines of Business (Commercial Institutional Banking, International Wealth Private Banking) to ensure that investigative findings continuously improve HSBC’s financial crime control framework, where control failures or potential control gaps are identified. Using these same outputs in partnership with US Assurance and Group Internal Audit to inform their own activities and planningOverseeing and improving US FC CSEM exits process focused on timeliness of exit and inhibits to mitigate financial crime risk to HSBC and our customers, to ensure that inappropriate exits or retain decisions are minimized and to provide actionable insights to lines of business and risk stewards on nature of customers exited for suspected financial crime riskCreating a people development environment including framework and supporting materials to enable a diverse pipeline of talent to develop and progress in their careersEnsures that external regulatory reporting (such as SARs, 314a and 314 b requests) is performed effectively and within applicable laws , regulatory and FC standards including global exposure reviews.
For this role, HSBC targets a pay range between $250,000.00 and $350,000.00
The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.
At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.
You´ll likely have the following qualifications to succeed in this role:
Significant senior leadership experience leading an investigative or intelligence function, in or with exposure to the financial services industryDeep expertise in investigative techniques and tools, and in current and emerging financial crime risksStrong critical thinking , decision making capabilities and judgement with an enterprise-wide focus on complex risk matters, where there may be limited information, conflicting factors,reputational issues or geopolitical issuesStrong track record in transformation of complex operations, and in management of scale dispersed operational teamsSuccessful track record in strategic leadership and influencing key stakeholders is essentialA background or deep understanding of operational risk and the three lines of defense model is also highly desirableExperience of creating, leading and motivating a dynamic and dispersed investigations teamIn compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.
As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future
All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.
You´ll likely have the following qualifications to succeed in this role:
Significant senior leadership experience leading an investigative or intelligence function, in or with exposure to the financial services industryDeep expertise in investigative techniques and tools, and in current and emerging financial crime risksStrong critical thinking , decision making capabilities and judgement with an enterprise-wide focus on complex risk matters, where there may be limited information, conflicting factors,reputational issues or geopolitical issuesStrong track record in transformation of complex operations, and in management of scale dispersed operational teamsSuccessful track record in strategic leadership and influencing key stakeholders is essentialA background or deep understanding of operational risk and the three lines of defense model is also highly desirableExperience of creating, leading and motivating a dynamic and dispersed investigations teamIn compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.
As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future
All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.