Senior Manager - Financial Crime Risk and Controls

1w1 week ago

HSBC Group

London, GB · Full-time · £85,000 – £120,000

About this role

HSBC Innovation Banking powers the UK’s forward-thinkers and future-makers in technology and life science sectors. The FCRC team within HINV UK acts as First Line of Defense, responsible for identifying, investigating, and monitoring relationships posing money laundering or terrorist financing risks.

The role designs, implements, and oversees effective AML and financial crime controls within the First Line of Defense. It ensures business activities align with regulatory expectations and internal risk appetite while embedding a proactive risk and control culture across the customer lifecycle.

You will lead the Financial Crime Risk Management Framework across AML, Sanctions, AB&C, Tax Transparency and Fraud. Close partnership with second line defense and business teams supports risk identification and mitigation across products, clients, and geographies.

This position oversees Managers and Senior Associates while delivering the Enterprise-wide Risk Assessment. It drives strategic decision making in a dynamic environment focused on innovation, client onboarding, and ongoing relationship management.

Requirements

Expert knowledge of AML, CTF, Sanctions, AB&C, Tax Transparency and Fraud regulations
Strong understanding of First Line of Defense risk and control frameworks
Experience leading Enterprise-wide Risk Assessments and control effectiveness reviews
Proven ability to manage and coach teams on risk ownership and accountability
Skilled in interpreting regulatory expectations and embedding risk appetite across client lifecycle processes
Capability to act as escalation point for complex financial crime matters and provide policy guidance

Responsibilities

Lead the Financial Crime Risk Management Framework across AML, Sanctions, AB&C, Tax Transparency and Fraud, including RCAs and overall control environment effectiveness
Serve as the primary AML subject matter expert, providing timely guidance and maintaining awareness of emerging typologies, trends and enforcement actions
Support the business to identify, assess and mitigate AML/CTF risks across products, clients and geographies
Provide financial crime risk input to new product approvals, strategic initiatives, and client onboarding, retention and exit decisions
Design and maintain end-to-end AML control frameworks across the customer lifecycle; monitor effectiveness via KPIs, KRIs and MI
Line manage Managers and Senior Associates covering Sanctions, AB&C, Tax Transparency and Fraud risk, and oversee Financial Crime Operations
Lead the delivery of the Enterprise-wide Risk Assessment, ensuring comprehensive identification and assessment of inherent and residual risks