Vice President Financial Crime Team Leader - People Manager Assurance
Location: Jersey City
Posted on: September 17, 2022
At HSBC, the health and well-being of our employees remains of
utmost importance. Many of our roles are permitted to work from
home (in states in which HSBC is licensed to operate) until further
notice. Upon resumption of normal operations, this role may be
performed at our Jersey City, New Jersey office.
As a Compliance Assurance Team Lead you will oversee multiple
Compliance Assurance testing reviews, meanwhile leading assigned
compliance reviews with due consideration on striking a balance
between leading a review and conducting oversight of other
reviews.Oversee the detection of issues and observations, reports,
and follows up on regulatory issues that arise. Provide a valued
feedback loop to senior leadership in US Compliance Assurance on
the state of the employee satisfaction and well-being, including
challenges for the team members. Motivate and supervise testing
staff as well as ensuring the environment and work fosters a
supportive "team" approach. Takes a "hands on" approach to
compliance testing to ensure adequate testing reviews of the
compliance control framework are conducted. Assures compliance with
internal policies and procedures and with laws and regulations
applicable to HNAH's banking and brokerage activities in the U.S.
Primary focus on control activities (e.g., first line of defense
compliance monitoring functions) for banking businesses in the US.
You will also serve as the primary relationship liaison for the
Retail Bank business and as the secondary relationship liaison for
the wholesale banking and act as ambassador for 2nd line of defense
Compliance Assurance reviews. Shapes the reviews for their team
throughout the year - ramping up to review kickoff date by
translating tips and queues from the external environment
(competitor intelligence / seminar learnings) and the internal
environment (MI and discussions with stakeholders).
Our purpose - Opening up a world of opportunity - explains why we
exist. We're here to 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 build a better world - for our customers, our people, our
investors, our communities and the planet we all share.
You will be responsible for:
- Providing oversight of assigned Compliance Assurance reviews
while working in parallel to lead assigned compliance reviews,
ensuring timely and quality execution of the reviews while ensuring
adherence to internal policies and procedures. To include engaging,
testing and providing feedback to the team on review activities
relating to planning and scoping, fieldwork/testing, review
wrap-up/reporting, and issue management.
- Managing Compliance Assurance review-related efforts and
assignments of staff with varying degrees of expertise and
experience when conducting review engagements
- Developing actionable review strategies and steps the teams can
take to assure business control activities meet current regulatory
- Establishing testing objectives and scope of work for reviews
so that each team can "hit the ground running" and feel ready to
perform their reviews. Seeks to proactively develop a training plan
for each reviewer for the planned reviews for each year.
- Participating in development of the indicative annual plan for
assigned areas of responsibility including proper assessment and
coverage of risks and emerging risks and assists with execution of
the annual plan.
- Leading and developing an effective team through communication,
performance management, development plans and reward/recognition
- Maintaining current knowledge of Consumer, Commercial, and
Investment Banking business processes and compliance requirements,
as well as of pertinent internal regulatory policy and procedural
- Knowledge of assigned businesses, products, operations, systems
and organization and understanding of all significant regulatory
compliance requirements applicable to the business.
- Discharges position accountabilities by pro-actively assisting
management in identifying and containing compliance risk,
monitoring, reporting and certification, fostering a compliance
culture and optimizing relations with regulators.
- Assists Business and Compliance Management in determining the
effectiveness of their compliance control environment and provides
line of sight for compliance management into regulatory
- Engages proactively with senior compliance and business
management throughout the year and during planning, testing, and
- Assists as needed with the development of Compliance Assurance
policies and implementation of procedures.
- Manages and participates in special compliance reviews, risk
self-assessment projects and any additional assignments/projects as
required by management.
Keywords: HSBC, Jersey City , Vice President Financial Crime Team Leader - People Manager Assurance, Executive , Jersey City, New Jersey
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