KYC, Risk Operations Analyst, GSC

Why join us? (Overview of Dept./Function)
The KYC Operations team is an energetic & a rapidly growing team which is
driven by passion & a commitment to make a difference.
The objective of KYC Operations is to provide Global Banking & Markets and
Commercial Banking & Retail Banking clients with a globally consistent, and
best in class KYC process, in over ‎50 countries. It ensures that KYC profiles
are prepared in accordance with Group and Regulatory Policy, obtaining
documents as required from the client/ relationship manager, undertake all the
necessary due diligence checks and ensure appropriate escalation is followed
according to Policy requirements.
KYC Operations is responsible for providing centralized services via KYC
production teams, validation of clients in support of both client on-boarding
and periodic maintenance of client information. It has been tasked with
creating a KYC utility service to provide a consistent approach for KYC across
the ‎54 countries of the Group for all the LOBs. The organization is expected
to go through a transformation for the next ‎5 years where new policies,
processes and technologies will be implemented. Throughout this time, the
organization will need a dedicated, senior process manager that will drive
organization’s continuous improvement activities
The Opportunity: (Brief Overview of the Role)

The role encompasses a number of tasks involving KYC and Tax across multiple
business lines, training the team on KYC and regulatory environment, ensuring
AML Regulations, policies/procedures are maintained and adhered. One of the
key objectives will be monitoring and reporting performance to the management
based on agreed timescales. This role also involves liaising with the business
partners as well as colleagues and senior onshore partners thus ensuring
timely resolution of queries

What you’ll do: (List out Key Responsibilities) Review customer profiles
to identify possible patterns of money laundering and terrorist financing
activity, ensuring compliance with applicable internal policies and procedures
and external regulations; Review and analyze transactional activity for
suspicious/unusual patterns of activity utilizing various internal systems,
reports and external data sources; Conclude whether further investigation is
warranted based on a reasonable assessment of information obtained; Review,
collect and transmit supporting details to the Assistant Manager of Operations
upon conclusion of review; Adhere strictly to compliance and operational risk
controls in accordance with Company and regulatory standards, policies and
practices; report control weaknesses, compliance breaches and operational loss
events; Follow appropriate escalation matrix and proactively highlight
questionable profiles based on logical reasoning against text-book approach
towards procedures; Keep current with understanding of systems, policies,
procedures and US regulations Provide a supporting role to on-shore business
partners. Assist in reviewing alerts and provide support on all AML and KYC
monitoring functions performed by Global CDD;
Work on short-term projects/assignments with primary focus on quality.

Requirements

What you will need to succeed in the role: (Minimum Qualification and
Skills Required) A Bachelor’s degree or with equivalent industry/functional
experience Computer literate and ability to work on basic applications like MS
Excel, MS Word and outlook. Fluency in spoken and written English Ability to
be flexible and willing to change along with changes in corporate and
department objectives in addition to recommending changes to assist in meeting
these objectives. Ability to balance quality and quantity (volumes) with
primary focus on quality. Ability to learn quickly and adapt to evolving and
changing priorities. Procedures change frequently; selected candidates are
expected to implement the changes immediately with minimal training. Is self-
motivated, pragmatic (sense of urgency is a must) Willing to work a flexible
schedule to accommodate business needs. Previous experience in working for
AML/KYC teams is desirable.
You’ll achieve more at HSBC
HSBC is an equal opportunity employer 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. We encourage applications from all suitably qualified persons
irrespective of, but not limited to, their gender or genetic information,
sexual orientation, ethnicity, religion, social status, medical care leave
requirements, political affiliation, people with disabilities, color, national
origin, veteran status, etc., We consider all applications based on merit and
suitability to the role.”

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