Job Description

We are currently seeking a high calibre professional to join our team as a Assistant Vice President, EDD

In this role you will:

• To proactively lead and perform EDD on CBs and Fintechs and make appropriate decisions and recommendations in line with relevant risk appetite statement.
• Client facing role, conduct EDD site visit and/or call and regular follow up with clients and RM/GRB to understand, challenge, and document risks and issues as identified.
• Identify transactional risk such as nesting and high-risk industries exposure through the analysis of the payment activity processed via the accounts the client holds with HSBC.
• Draft detailed comprehensive written EDD Reports presenting the risk assessment of the client.
• Provide support & guidance to other members of the EDD team, RM/GRB’s, Client Servicing and other internal stakeholders.
• Assess and promptly escalate risk concerns identified through the EDD process.
• Analyse financial intelligence reports/data including transactional analysis as part of the EDD.
• Manage and own book of work understanding business and regulatory driven priorities.
• Respond to queries and assist with audit or remediation activity as needed.

To be successful you will need:

• Experience working with financial crime with good knowledge and understanding of financial crime risks within correspondent banking, Money Services Business, Third Party Payment Processors, Digital Asset Currencies and payments (preferred)
• Excellent communication with proven track record of delivering exceptional client service and effectively engaging with senior internal and external stakeholders (preferred)
• Demonstrate success in managing multiple priorities and meeting tight deadlines within a dynamic and fast paced environment (preferred)
• Degree holder (or equivalent) preferred
• Industry qualification (CAMS/ICA) or willingness to study and obtain relevant certification
• Demonstrable understanding of foundational Anti-Money Laundering /Counter Terrorism Financing knowledge and strong Anti-Bribery & Corruption and/or sanctions control experience from within a large banking organisation, or from a background in consulting, risk management
• Excellent written English skills as comprehensive report writing is a critical element of the role. Foreign languages an asset but not essential
• Experience with reading and understanding transactions/transactional data.
• Willingness to challenge, use judgment and ask the right questions