Vice President - Compliance Assurance

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.

Business Descriptor :

The Compliance function is a Second line of defence (LOD) function, responsible for reviewing and challenging the activities of the Group’s businesses (also referred to as “the First LOD”) to ensure that they 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 Second LOD consists of 'Risk Stewards' who are independent of the commercial risk-taking activities undertaken by the First LOD. The

Compliance function is a Risk Steward for a number of non-financial risks in accordance with HSBC Group’s risk framework. Compliance ensures adherence to applicable regulations and standards by setting the policies which cover HSBC’s regulatory requirements

and mitigate conduct and reputational risk issues. The team strives to remain ahead of the regulatory change agenda and ensures the business understands the implications and is prepared for change. It monitors how the Global Businesses and Functions manage

their responsibilities with regard to complying with the regulations and helps resolve compliance deficiencies.

We are currently seeking a high calibre professional to join our team as a  VP Compliance Assurance.

Job Introduction

This is a role within Compliance Assurance (CA), which provides assurance activities over regulatory compliance (RC) and financial crime (FC) risks.

The role contributes to the global standardised CA approach ensuring that it is aligned to the bank’s Risk Management Framework (RMF). It is responsible for contributing to the delivery of end-to-end assurance work over RC and FC risks and controls. The role holder is a subject matter expert on assessing the effectiveness of risk management activities to meet industry standards, country regulatory obligations and bank policy.

The role holder will be required to lead and contribute to assurance reviews across multiple Global Businesses / Functions.

Principal Responsibilities

Impact on the Business

• Support the design and execution of assurance activities, ensuring that all relevant standards, policies and procedures are met.
• Provide subject matter expertise to and advise colleagues, supporting the identification of appropriate review scope and delivery of assurance activities.
• Inform Risk Owners, Control Owners and Risk Stewards of the design and operational effectiveness of the controls within their area of oversight and control.
• Escalate significant control deficiencies in a timely manner.
• Proactively identify key emerging compliance risks across the Global Businesses / Functions.

Customers / Stakeholders

Leadership & Teamwork

Operational Effectiveness and Control

Requirements

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.