HSBC Group

The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (2019-nCoV), we’re leveraging our digital capabilities to ensure we can continue to recruit top talent at the GSC HSBC Group.  As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey.  If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join GSC HSBC and discover how valued you’ll be.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of FCR Ops TM Advisor

The primary role of the Transaction Monitoring Associate is to rapidly disposition alerts via a preliminary review to filter alerts that can readily be negated (i.e. obviously show no signs of anomalous behaviour) utilizing the internal system data sources to establish whether the anomalous behaviour can be allayed at Level 1.

If not, the Associate will escalate the alert to Level 2 as a case for detailed investigation utilizing all internal and external sources available, and continue working on the same investigation.

Once the Associate has reached a conclusion, if the case is deemed to not represent unusual behaviour, it will be closed.

If it is deemed anomalous, the case will be escalated with a summary of the findings to the AML Investigations (AMLi) team (Level 3).

The investigation is based around the local in-country HSBC customers and the specific transaction(s) that have generated the alert (s)/case on their HSBC account(s). Using the Transaction Monitoring system screens and the criteria which highlights the reason that the case/alert has generated an investigation needs to be undertaken using core bank systems.

Principal Accountabilities and Responsibilities (e.g., for Business, Customers and Stakeholders; internal control environment, etc.)

• Review of cases /alerts generated by HSBC Group application and ensure the anomalous activities are reported to Level 3 in accordance with regulatory requirements where appropriate
• Common fraud / errors / irregular customer requests are identified and escalated in accordance with procedures in a timely manner
• Collection of the necessary transaction background information / source documents for analysis.
• Follows processes and uses appropriate templates and reporting standards to ensure work is delivered in accordance with relevant timetables, quality standards and internal policies and procedures.
•  Acts as the first line of defense, monitoring business information to ensure that unusual activity is identified in a timely manner and escalated in accordance with procedures.
• Undertakes specific information and data gathering, checking and reporting in support of Compliance audits, projects and reviews, producing accurate, on-time outputs to the expected standards.
• Build on the knowledge of latest Anti Money laundering trends.
• Achieve the levels of productivity and quality as per the standards, agreed for the process.
• All data requirements (timesheets and process information) is accurately updated in a timely manner.
• Issues / problems are effectively investigated and resolved or are appropriately referred with recommendations to the Line Manager.

Leadership & Teamwork 

• Acquire and share best practices relating to procedures / latest Anti Money Laundering trends to relevant processes / contingent sites & been updated on CL updates.
• The staff needs to share his/her opinions / experiences on cases with the team / Party Level Team, so as to impart a better insight for reasoned judgment.
• Support projects on increasing awareness of Anti Money Laundering across the section
• Work with the team to achieve completion of AML transaction report within agreed timelines
• Diligently Support new Project Role-outs of FCC by acquiring necessary knowledge through trainings provided, to cater to the expected standards.

Proactively highlighting any system / procedure gaps to line manager attention and support and work on resolution of the identified gaps.

Functional Knowledge

• Bachelor’s degree, preferably from a Commerce or Finance background.
• Professional certification - AML foundation (advantage)
• Knowledge of various Banking Products (Eg. Savings Bank Account, Current Accounts, Business Account etc.) essential
• Good understanding of Internet and its usage

Understands what Financial Crime/ Terrorist Financing is and the cost to society.

Others

• Basic knowledge of Outlook and basic or intermediate level in Office (Excel, Power Point, Word, etc.).
• Ability to speak and understand English fluently (B1).
• Ability to write business letters and reports (High Written).
• Strong decision making and analytical skills.
• Takes ownership and leads by example.
• Takes opportunity to understand business beyond their own immediate work area.
• Ability to understand and interpret numeric data.
• Flexibility to work shifts.
• Ability to handle varied responsibilities.

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritised.

The chosen candidate for this role will be required to undergo enhanced vetting. Subject to local laws, this will require the individual to satisfactorily pass a series of additional checks as part of the recruitment process and on an ongoing basis, if appointed to the role. HSBC Group reserves its position with regard to any steps which it may take in relation to any material adverse findings which arise either when the checks are originally completed, and/or if relevant, on an ongoing basis. For more information about the enhanced vetting for this role please contact the recruiter for this role.

You’ll achieve more when you join 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.”

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 HSBC Electronic Data Processing (India) Private LTD***