Singapore, Singapore, Singapore
15 days ago
Vice President, Business Financial Crime and Regulatory Risk - HSBC Life

Some careers grow faster than others.

If you’re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. 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.

HSBC Life in Singapore is the combination of AXA Singapore and HSBC Insurance. Here you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank

Insurance is about people, and the promises they make. At HSBC Life in Singapore we help deliver on these promises by providing a wide variety of life insurance products and services to our clients throughout the Asia-Pacific region. Our employees enjoy a dynamic and innovative workplace and a world of opportunities to develop their careers in a high-profile growing business segment. We empower our combined team of high-performing individuals to build skills and explore new experiences to realise the full potential of being part of HSBC.

Together we will pursue efficient ways of working. We will harness the latest data and technology solutions to achieve meaningful outcomes for our clients. And the protection we offer will create broad and lasting impact, helping clients to be healthier, more productive and more confident in their futures.

We are currently seeking a high calibre professional to join our team as a Vice President, Business Financial Crime and Regulatory Risk.

Principal Responsibilities

The Business Financial Crime and Regulatory Risk (BFCRR) VP is responsible for supporting the Head of BFCRR in leading and managing delivery in the following areas

Financial Crime Risk (FCR) business as usual (BAU) agenda including:

Anti-Money Laundering (AML), Sanctions, Anti-Bribery Corruption (ABC), Fraud Conflict of interest Lead and support in the Insurance Financial Crime Compliance (FCC) Risk ForumReview MI data extractions management for FCR reporting within the Insurance Customer LifecycleAssist the embedding the Financial Crime agenda by driving cultural change

Regulatory interpretation, Tax reporting, transparency, and compliance agenda including:

Ensure accurate and complete periodic regulatory (including Tax) reporting to regulatorsProvide guidance and understanding to operations to ensure collection and reporting customer tax dataAssist in the implementation and on-going support to meet Tax reporting i.e. FATCA, CRS, UK TaxAssist in gap analysis and coordinate the implementation of new regulations with business functionsCommunicating with stakeholders to embed, monitor, report and escalate issues and breaches
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