Financial Crime Risk and Control Manager

Welcome to HSBC, where we are committed to providing a safe and secure financial environment for our customers. As the Financial Crime Risk and Control Manager, you will play a crucial role in protecting our bank from potential risks and ensuring compliance with all relevant regulations. We are seeking a highly motivated and experienced professional to join our team and help us maintain our strong reputation for ethical and responsible banking. If you have a passion for risk management and a strong understanding of financial crime, then we encourage you to apply for this exciting opportunity.

1. Develop and implement strategies to identify and mitigate potential financial crime risks within the bank.
2. Monitor and assess the effectiveness of current risk management and control measures, and make recommendations for improvement.
3. Stay up-to-date with industry trends and regulatory changes related to financial crime, and ensure the bank's policies and procedures are in compliance.
4. Conduct regular risk assessments and audits to identify any weaknesses or gaps in the bank's processes and systems.
5. Collaborate with cross-functional teams to ensure a consistent and coordinated approach to financial crime risk management.
6. Provide training and guidance to employees on financial crime prevention and detection measures.
7. Investigate and report any suspicious activity or potential breaches of regulations to senior management and relevant authorities.
8. Develop and maintain relationships with external stakeholders, including law enforcement agencies, to stay informed of emerging risks and best practices.
9. Prepare and present reports to senior management and regulatory bodies on the bank's financial crime risk management and compliance efforts.
10. Continuously review and update the bank's risk management policies and procedures to ensure they are in line with industry standards and best practices.
11. Collaborate with other departments, such as Compliance and Legal, to ensure a holistic approach to risk management and compliance.
12. Monitor and evaluate the effectiveness of remedial actions taken to address identified risks.
13. Foster a culture of risk awareness and compliance throughout the organization.
14. Keep accurate and detailed records of risk assessments, investigations, and any other relevant documentation.
15. Serve as a subject matter expert and resource for all financial crime risk-related inquiries and concerns.

According to JobzMall, the average salary range for a Financial Crime Risk and Control Manager in New York, NY, USA is between $120,000 - $160,000 per year. This may vary depending on factors such as the size of the company, the individual's level of experience, and the specific duties and responsibilities of the role.

HSBC Holdings Plc operates as a holding company for the HSBC Group. It provides banking and financial services through four global businesses, including Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets and Global Private Banking. The company's operating segments are organized into six geographical regions, including Europe, Hong Kong, Rest of Asia Pacific, Middle East and North Africa, North America and Latin America.