Sanctions Advisory Manager London, England
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.
Our Risk and Compliance function has a critical role to play in supporting, challenging and advising across all areas of the business through establishing policy, monitoring profiles, and identifying and managing forward-looking risk and compliance. We focus on creating an environment that encourages our people to speak up and do the right thing, as well as protecting our customers, the organisation and the integrity of the financial markets in which we operate. Already an industry-leader in many respects, we want to continue setting standards and evolving to respond to strategic changes.
Financial Crime Risk (FCR) aligns current activities within Global Risk and helps to build these into a more integrated framework to conduct Customer Due Diligence which enables HSBC to manage FCR more effectively. The successful candidate will be joining this team as a SME on matters related to Global Sanctions with an additional focus on Customer Sanctions. The Sanctions Advisory Manager will also have some responsibilities that include supporting on regulatory filings and contractual wording/negotiations.
As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.
We are currently seeking an experienced individual to join this team in the role of Sanctions Advisory Manager
In this role, you will:
- Advise the business on a broad range of sanctions issues including, client sanctions exposure (through HSBC’s CDD process), permissibility of transactions, HSBC’s sanctions policy and industry-specific issues.
- Support the wider advisory team with SME knowledge on Sanctions and advisory matters including client due diligence and transaction referrals and helping to track these cases.
- Take on legal – type responsibilities by supporting the Senior Sanctions Manager on drafting contractual clauses, deal wordings, regulatory filings, and periodic reporting requirements.
- Be a subject matter expert on sanctions risk management and compliance with sanctions regimes imposed by the UK, European Union (EU), United Nations (UN), HKMA and USA, and HSBC Group sanctions policy.
- Work and liaise with wider teams such as, Financial Crime Investigations on live sanctions investigations, and RFAs for UK/ Europe.
To be successful in this role you should meet the following requirements:
- Good understanding of United Kingdom (UK)/European Union (EU)/United Nations (UN)/US sanctions and export controls is essential.
- Experience from a Sanctions and/or Legal background with additional expertise in reviewing contractual and legal documents.
- Proven advisory skills, together with the ability to communicate and articulate thorough advice with sound reasoning.
- Strong ability to analyse any regulatory implications both to Compliance colleagues and to business heads.
- Experience dealing with regulatory reporting and high-risk exposures via clients.
The base location for this role is London with an expectancy of being the office 2 – 3 days per week.
You’ll achieve more when you join HSBC.
We believe that being open to a range of perspectives and cultures is vital for our business. We work hard to ensure our diverse and inclusive workplace reflects the communities we serve. We want everyone to achieve their potential – regardless of their gender, ethnicity, disability, religion, sexual orientation or age. If you have a different way of seeing the world, we are interested in hearing from you.
HSBC is committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We are proud members of the Disability Confident Scheme, and will offer an interview to disabled candidates who meet the minimum criteria for the role. If you would like to receive any information in a different way or would like us to do anything differently to help you
