Senior Manager Sanctions - Advisory

Some careers have more impact than others.

We are currently seeking an ambitious individual to join our team as a Senior Manager - Sanctions Advisory, working together with colleagues to define and effectively manage the sanctions risk exposure of the Bank.

The Compliance function is a Second Line of Defence (“2LOD”) function, responsible for setting the Bank’s policies and frameworks for managing various non-financial risk types and overseeing compliance with such policies by reviewing and challenging the activities of the Group’s businesses (also referred to as “the First Line of Defence or 1LOD”) to enable them to 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 2LOD consists of 'Risk Stewards' who are independent of the commercial risk-taking activities undertaken by the 1LOD. The Compliance function is a Risk Steward for a number of non-financial risks in accordance with HSBC Group’s risk framework.

Role Purpose

As the Senior Sanctions Manager in Advisory, you will be responsible for supporting the Head of Sanctions Policy Oversight & Export Controls at the Group Sanctions level. Providing sanctions advice, guidance and support to the Regional Sanctions teams and the Global Lines of Business (LoB) on sanctions matters that have a global impact.

Working as part of the Group Sanctions team, who provides direction and support to sanctions specific activities that have a global impact across the Businesses, Global Functions, and jurisdictions within the second line of defence, in order to obtain reasonable assurance that the business is operating in line with relevant laws, regulations and complying with the sanctions requirements of the Global Financial Crime (FC) Policy.

In this role you will be responsible for:

• Providing sanctions advice on matters including, but not limited to: Customer relationships requiring FC Sanctions approval under Customer Sanctions Risk Approvals (CSRA); Implementation of new sanctions requirements through the LoB Global Operating procedures; Transactions or Customer relationships with sanctions exposure that are escalated by the Regional Sanctions teams or by the LoBs to the Group level; sanctions risks associated with new global products and technologies; Non-screening sanctions controls; and policy-related advice on screening controls
• Assisting and supporting in the development, deployment and continued oversight of a globally consistent sanctions control framework, and advising all HSBC entities on developing and maintaining the highest standards by following both the Global FC Policy requirements and the letter and the spirit of the relevant regulatory requirements.
• Supporting Regional Heads of Sanctions in the implementation and oversight of sanctions policy requirements, processes and systems.
• Supporting the Group’s Risk & Compliance strategy by identifying, informing and advising Senior Management of any developing sanctions related issues and trends that may impact or be relevant to the Group’s management as appropriate for managing financial crime risk.

To be successful in the role, you should meet the following requirements:

• Professional with experience in one or more financial crime compliance roles.
• Extensive knowledge of sanctions regulations, legislation and guidance, in particular US, UK and UN regulations, with experience of applying the regulations in practical, real-life situations.
• Relevant experience of working in an international or global compliance function.
• Confidence to interact with the influential senior management within Head Office and the regional and local businesses, as well as Regulators.
• Ability to develop practical and cost effective solutions to complex global issues. Strong leadership skills to influence and motivate Compliance staff supporting the business globally.

At HSBC we look to enable our employees to better balance their work / life priorities and have the flexibility required to meet challenging needs as they progress through different life stages. Where possible we will consider the following flexible working options: part-time working, job sharing, term-time working, and working from home and staggered hours. If in considering a role with HSBC you have a need for some flexibility in your working arrangements please discuss this with the recruitment team in the early stages of the application process.

We want everyone to be able to fulfil their potential which is why we provide a range of flexible working arrangements and family friendly policies.

HSBC is committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We are proud members of the Disability Confident Scheme, and will offer an interview to disabled candidates who meet the minimum criteria for the role. If you would like to receive any information in a different way or would like us to do anything differently to help you apply for our roles, please contact our Recruitment Helpdesk:
Email: hsbc.recruitment@hsbc.com
Telephone: +44 2078328500

Within the workplace you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions. HSBC has processes in place to avoid nepotism. This means we will avoid circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.