Principal Accountabilities and Responsibilities:

• The MLRO, and the Accountable Executive for countering financial crime for Macau with delegated responsibilities from Head of Financial Crime, Asia and Middle East, specific to HSBC Macau, as set out in formal delegation letters as per SMR requirements.
• Provide effective oversight of the operational effectiveness of critical policies and systems covering financial crime that ensure that the Macau exposure to financial crime and related reputational risk is managed, in a commercially sensitive, practical and cost effective manner.
• The articulation of Macau risk appetite and policies with respect to money laundering, sanctions, internal and external fraud, tax evasion, terrorist financing, bribery and corruption.
• Identify, analyse, and investigate Financial Crime risk to support informed risk management and effective information sharing with internal and external stakeholders (including government), grounded in advanced analytics and technology.
• Acting as a trusted advisor to the Macau Board and Macau senior executive stakeholders (including the leadership of the Risk & Compliance function) on all material financial crime risk and related reputational issues involving Macau that arise in relation to the operational management of financial crime risk.
• Coordinating a consistent approach to managing Macau’s positive relationship with its regulators, and ensuring timely reporting and disclosure of relevant information both to our regulators and within the Group in relation to financial crime matters. To stay at the forefront of key regulatory changes for the region to ensure proactive communication with business and develop appropriate policy and framework to manage the changes.
• Serve as the financial crime risk steward for Macau in relevant governance meetings or forums to report on progress and issues in relation to the operational effectiveness of HSBC’s policies, processes, systems and controls in countering financial crime. To exercise risk steward challenge on Financial Crime risk, act as independent trusted advisory in governance forums, issue management, fostering a compliance culture and optimizing relations with risk owners and control owners. Provide Advice and Challenge to Global Businesses in order to ensure clear understanding of Financial Crime risk exposure with respect to clients, transactions and products.
• To ensure second line governance of financial crime risk exposure, providing analysis, reporting and governance that is independent of the first line of defence, thereby maintaining an objective assessment of risk exposure.
• Lead the Macau Financial Crime team, establishing guiding principles and strategic operational objectives, owning budgeting and managing costs, headcount and resources to ensure that the Macau Financial Crime team is fit for purpose and that the team’s delivery of its critical services is both effective and cost-efficient.
• To drive the implementation of policy related to Financial Crime risk arising out of changes in Financial Crime within Macau and regionally.

Functional Knowledge Qualifications:

• Financial crime experience as a regulator, or a senior financial crime manager within a global firm, in the financial services industry
• Track record in leadership and influencing is essential, in particular the application of this skill in areas outside their direct span of control
• Knowledge of a financial crime risk framework and experience in its execution, together with knowledge of business and products
• A background or deep understanding of operational risk is also highly desirable
• Track record of resilience and confident challenge when dealing with senior stakeholders to influence change without direct responsibility for resources or budget
• Strong understanding of products, processes and controls across all major banking business and product lines.
• Experience of dealing with regulatory matters and confident interaction with Regulators and Law Enforcement Agencies
• Experience of creating, leading and motivating a team
• Experience of working within a matrixed environment preferred
• Leadership experience and excellent communication and inter-personal skills, with experience of dealing with executives at all levels all levels

OUR BENEFIT
We offer comprehensive and competitive remuneration package with benefits proposition to meet diverse needs of workforce:

• Pension Fund
• Medical insurance covering dependents and wellness
• 18 days and above Annual leave
• Bank holidays
• Birthday leave, Festival early leave, Parental leave, Examination leave etc.
• Preferential Banking Offers
• Employee Education Benefits Program
• Learning programs & Development Opportunities

You’ll achieve more when you join HSBC.
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Interested candidates, please apply directly via:
https://mycareer.hsbc.com/ExternalApply?pipelineId=283278

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Issued by The Hongkong and Shanghai Banking Corporation Limited.