To act as the WPB Cmp Adv for HBAP INM WPB in relation to Regulatory Compliance and Financial Crime risks.
Articulate the Regulatory Compliance and Financial Crime risks for HBAP INM WPB.
Primarily to support WPB Advisory, to maintain an effective control framework and to ensure compliance with all relevant external laws & regulations, internal codes and policies and good market practices. With primary focus on WPB area.
Provide advisory services to Wealth & Personal Banking business in order to ensure clear understanding of compliance risk exposure with respect to clients, transactions and products.
Manage the relationship with relevant regulators on behalf of HBAP INM WPB.
Be responsible for second line governance of Regulatory Compliance and Financial Crime risks exposures, providing analysis, reporting and governance to HBAP INM that is independent of the first line of defence, thereby maintaining an objective assessment of risk exposure
To exercise risk steward challenge, act as independent trusted advisory in governance forums, issue management, fostering a compliance culture and optimizing relations with risk owners and control owners.
Assist the senior management of HBAP INM, the leadership of the Compliance function, and other colleagues on all material compliance related matters.
Represents the Compliance agenda up to the highest levels of the INM / ASP governance, including being an attendee (as required) at the HBAP INM WPB EXCO (and related sub-committees), CMOC, WPB ASP Compliance MANCO to report on progress and issues in relation to the operational effectiveness of HSBC’s policies, processes, systems and controls in countering Regulatory Compliance and Financial Crime risks.
Assist the Head of Compliance Advisory, HBAP INM WPB to lead Compliance team, establishing guiding principles and strategic operational objectives, owning budgeting and managing costs, headcount and resources to ensure that the teams are fit for purpose and that the delivery of its critical services to the Group is both effective and cost-efficient.
