Wednesday , April 17 2024

HSBCCareers – Senior Manager

Website HSBC

About the job

Job Description

Some careers have more impact than others.

Looking for a role where you can continue to make an impression, take the next step in your career and where your contributions will always be valued?.

The Compliance function is a Second Line of Defence (“2LOD”) function, responsible for setting the Bank’s policies and frameworks for managing various non-financial risk types and overseeing compliance with such policies by reviewing and challenging the activities of the Group’s businesses (also referred to as “the First Line of Defence or 1LOD”) to enable them to effectively manage, as “Risk Owners”, the Regulatory and Financial Crime Compliance risks inherent in or arising from the conduct of their activities and for which they are responsible. The 2LOD consists of ‘Risk Stewards’ who are independent of the commercial risk-taking activities undertaken by the 1LOD. The Compliance function is a Risk Steward for a number of non-financial risks in accordance with HSBC Group’s risk framework.

We are currently seeking an ambitious individual to join our team as an Senior Manager – Sanctions Policy and Regulatory Development, working together with colleagues to define and effectively manage the sanctions risk exposure of the Bank

Role Purpose

This position is a key position for providing support primarily to the Head of Sanctions Policy and Regulatory Development. The role holder may also provide support to the Group Head of Sanctions as well as other members of the Group Financial Crime Sanctions team.

In this role, you will:

  • Assist in the drafting, consultation, approval and continuous development of the Global Sanctions Policy (the “Policy”) and its supporting procedures and guidance
  • Oversee the effective implementation of the Policy globally which includes the management of dispensations, country policies and potential sanctions breaches
  • Identify, understanding and evaluating sanctions regulatory changes, including understanding our exposure to such changes and communicating our policy position via Global Advisory Notices
  • Assist in the production quarterly regulatory development papers, annual emerging risk papers and the quarterly sanctions horizon scanner
  • Responsible for the development and implementation of sanctions-related training
  • Manage key sanctions registers and supporting in the review of potential sanctions breaches, evasion attempts, Customer Sanctions Risk Approvals and Transaction Sanctions Risk Approvals
  • Produce reporting for key forums and committees and attending such meetings as a delegate of the Head of Sanctions Policy and Regulatory Development (where required)
  • Provide Subject Matter Expert (SME) advice and guidance in relation to sanctions-related queries received from various stakeholders


To be successful in the role, you should meet the following requirements:

  • Professional with experience in one or more financial crime compliance roles
  • Extensive knowledge of sanctions regulations, legislation and guidance, in particular US, UK, EU and UN sanctions regulations experience
  • Ability to interpret sanctions regulations and create compliant, practical and efficient policy solutions
  • Proven ability of drafting policies, procedures, guidance and communications
  • Experience of managing and continuously developing policies, in particular influencing the content and shape of the policy
  • Ability to design and deliver training modules, case studies and training assessments
  • Ability to manage and analyse large volumes of data and draw out key conclusions for senior Management
  • Experience of dealing with regulatory matters and confident interaction with Regulators

You’ll achieve more at HSBC.

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hong Kong and Shanghai Banking Corporation Limited.

As a business operating in markets all around the world, we believe diversity brings benefits for our customers, our business and our people. This is why HSBC is committed to being an inclusive employer and encourages applications from all suitably qualified applicants irrespective of ethnicity, religion, age, physical or mental disability/long term health condition, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by local law in the jurisdictions in which we operate. Within the work place you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions. HSBC has in place processes in order to avoid nepotism, which means to avoid creating circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.

Recruitment Helpdesk:

Email: [email protected]

Telephone: +44 2078328500

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