You will be taken to HSBC’s own careers page to apply. Job ID 63123.
Job description
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: Job purpose Support IWPB in HIBU GIFT City (covering Wealth, Transaction Banking and Lending) by providing second line of defence FCC oversight, challenge and advisory. The role helps ensure the business operates in line with the HSBC Global Financial Crime Risk Management (FCRM) Framework, applicable Group Standards, and local regulatory requirements (including IFSCA expectations, as applicable), while enabling sustainable growth and protecting customers and the bank.
Principal responsibilities Financial crime governance and oversight (2LoD)
Provide FCC oversight and credible challenges to IWPB activities, ensuring financial crime risks are identified, assessed, mitigated and reported.
Support local FCC governance (committees/forums), including agenda inputs, papers, minutes/actions, and timely escalation of material risks, breaches and emerging issues.
Explore opportunities
Find Your Next MNC Job
Stop checking thousands of career pages. Find MNC jobs in one place.
Find. Explore. Apply. Discover jobs from leading companies in one place and apply directly on their official career websites.
01
Discover MNC Jobs
Browse fresh opportunities from 1000+ top companies in one place.
02
Open the Opportunity
Select the job that matches your skills, location and experience.
03
Apply on Official Website
Apply directly through the company’s official career page.
Promote a strong risk culture and consistent application of HSBC risk appetite and customer acceptance standards.
Work closely with FC Risk Steward in proactive identification of issues and take steps to address them.
Carry out read across on the audit findings in other markets
Customer risk management (CDD/EDD) – onboarding and lifecycle
Provide guidance and challenge on customer risk rating, due diligence approach, and EDD triggers for higher-risk customers (e.g., complex ownership, PEPs, high-risk jurisdictions, intermediaries).
Guide business in reviewing and revising the Operating procedures of onboarding and periodic review.
Review and opine on higher-risk relationships and exceptions in line with delegated authorities and escalation pathways.
Drive quality and consistency across onboarding, periodic reviews and event-driven reviews, ensuring clear rationale and robust audit trails.
Product and proposition advisory (Wealth, Transaction Banking, Lending)
Act as FCC advisory for IWPB products and services, ensuring controls are embedded “by design” across:
Wealth: investment flows, portfolio funding/withdrawals, third-party payments, complex structures Transaction banking: payments, trade-related flows where applicable, channel risk Lending: purpose of borrowing, source of repayment, collateral-related risks, misuse typologies
Support new product approvals, change initiatives, and process re-engineering by assessing inherent risk, control design and residual risk; document FCC requirements and sign-offs as required.
Sanctions and screening risk management
Provide oversight and challenge of customer and payment screening controls, including escalation of potential matches, control weaknesses and data quality issues.
Support sanctions risk assessments and ensure alignment with HSBC Group Standards and applicable legal/regulatory requirements.
Transaction monitoring, investigations and suspicious activity governance
Oversee and challenge the effectiveness of transaction monitoring coverage for IWPB activity (wealth flows, payments, lending-related movements), including typology alignment and scenario coverage.
Review themes from investigations/case outcomes to identify control gaps, training needs and opportunities for tuning/optimisation.
Support governance around suspicious activity escalation and regulatory reporting processes (e.g., STR/SAR decisioning), in line with local requirements and HSBC standards.
Be single point of contact for FC related matters
Risk assessment, control testing and issue remediation
Support periodic financial crime risk assessments for IWPB (customer segments, products, channels and geographies).
Challenge the design and operating effectiveness of key FC controls through thematic reviews/quality assurance activity (as applicable).
Drive remediation of issues to closure, ensuring actions are timely, evidenced and sustainable; validate fixes and track residual risk.
MI, reporting and insights
Produce/review FC MI for IWPB leadership and governance forums (KRIs, breaches, backlogs, EDD volumes, screening/TM performance, thematic findings).
Ensure the Key Control Indicators are managed well within thte risk appetite of the Bank
Provide forward-looking insights on emerging risks and typologies relevant to IWPB and cross-border activity in GIFT City.
Stakeholder management, audit and regulatory support
Build strong partnerships with IWPB, Operations, Client Onboarding/KYC, Compliance, Risk, Legal, Technology and Group/Regional FCC.
Support responses to internal/external audits and regulatory examinations; ensure timely, accurate and well-evidenced submissions.
Contribute to training and awareness for front office and operations teams (red flags, escalation routes, “how we do things” under HSBC standards).
Internal Audit and regulators (via appropriate governance)
Role context and decision-making
Operates as a second line of defense FC role providing oversight, challenge and advisory.
Makes recommendations and escalations in line with delegated authorities; supports risk-based decisioning on higher-risk customers, product changes and control remediation.
Expected to exercise sound judgement, document decisions clearly, and escalate early where risk is outside appetite or controls are ineffective.
Knowledge, experience and qualifications Essential
Strong experience in FCC/AML within banking/financial services, with coverage across Wealth and/or Transaction Banking and/or Lending (combined coverage preferred).
Working knowledge of AML/CTF, sanctions, CDD/EDD, screening, transaction monitoring, investigations and governance.
Proven ability to influence stakeholders, provide effective challenge, and drive issues to closure.
Strong analytical skills and clear written communication (committee papers, risk assessments, MI commentary).
Minimum Graduation or as required for the role, whichever is higher
Desirable
Experience in IWPB/wealth propositions and cross-border client risk.
Familiarity with GIFT City / IFSCA environment and operating model considerations.
Professional qualifications such as ICA/ACAMS (or equivalent).
Mandatory to successfully complete Anti-Money Laundering and Sanctions training and post-course assessment, as required.
Risk and control responsibilities
Demonstrates strong risk awareness and supports effective management of FCC risks in line with the HSBC FCRM Framework, Group Standards and local regulatory requirements.
Ensures timely escalation of material risks/issues and maintains robust documentation and audit trails.
Supports a speak-up culture and continuous improvement mindset.
Note: As an employee, you are required to perform your duties in a professional capacity exercising independent judgement, discretion and decision-making authority in planning, organising, directing work, supervising and appraising the work of team members, as applicable; and taking accountability for delivery outcomes. You will represent the organization with relevant internal and external stakeholders. You will allocate and prioritize work, provide direction and feedback, manage team capacity and leave in line with policy as applicable. Pro-tip : Familiarity with AI-enabled tools is an advantage. Useful Link
Link to Careers Site: Click HERE
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. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
Issued by The Hongkong and Shanghai Banking Corporation Limited, India
Don’t Miss Your Next MNC JobGet job updates in our community›
