FCR Assurance MI Analyst

Job description

Role Title: FCR Assurance MI & Analysis Assistant Manager

Business: Risk

New or Existing Role? Existing

Grade: GCB6

Role Purpose

· The Group's regulators require the Financial Crime Risk (FCR) function to assess the adequacy of the firm's controls, processes, procedures and resulting outcomes to manage risk ‘end to end'. The FCR Assurance (FCRA) sub-function fulfils this requirement by reviewing the design and operational effectiveness of the Group's key financial crime controls.
· FCRA covers all FCR taxonomies across all businesses, functions and geographies of the Group. The effectiveness and coverage of the FCRA programme is achieved through management and execution by global, regional and country teams.
· The role holder will be required to support assurance reviews across the function within the MI & data provision and manage effective relationships with key stakeholders across multiple LoBs / functions at the global, regional, country and business levels. The role holder will have FCR subject matter expertise (SME) and the ability to challenge other SMEs across the Group.
· At a high level, the role holder is responsible for:
· Delivering business efficiency and intelligence through the development of various Management Information (MI) packs and dashboards.
· Understanding and evaluating KPIs, systems and methodology used to manage FCC risk in accordance to global and regional policies/regulation.
· Managing the identification, sourcing, analysis and reporting of compliance data flowing into systems used to manage FCC risk and out from these systems for reporting, MI, data analysis etc.
· Maintaining current knowledge of business systems and processes.
· Establishing working relationships with business partners and across Global Businesses, Global Functions, and jurisdictions within the second line of defence to identify MI requirements for reporting and analytics.
· Fostering a “team” approach to compliance testing, working with colleagues globally and regionally.
· Supporting a standardised assurance approach covering assurance activities aligned to the Operational Risk Management Framework (ORMF).
· Supporting the delivery of the assurance of financial crime risk end-to-end and associated controls, ensuring the implementation and execution of the FCRA Operating Model.
· Assisting FCRA management to assess the effectiveness of financial crime risk management activities to meet the Group's regulatory obligations.

Key Accountabilities

Impact on Business

· Support the execution of assurance activities, ensuring that all relevant standards, policies and procedures remain fit for purpose and are subject to continuous assessment.
· Develop strong working relationships with colleagues in FCRA to ensure correct understanding of MI, data and systems.
· Provide subject matter expertise to Assurance teams, supporting the identification of appropriate review scope and delivery of assurance activities.
· Provide subject matter expertise on MI and data by understanding systems and reporting framework.
· Undertake development of MI and KPI's to drive business efficiency and support the overall function for reporting and MI needs.
· Escalate significant control deficiencies in a timely manner.
· Support FCRA management in the monitoring of FCR risks (AML, AB&C or Sanctions, where applicable) to help identify key emerging trends and themes to identify assurance review topics.

Customers / Stakeholders

· Build strong relationships with internal stakeholders and peer group, adopting a joined-up approach to the execution of tasks with minimum conflict, while ensuring the independence of FCRA.
· Support FCRA management in building and maintaining positive and professional relationships with key external stakeholders.
· Work collaboratively across the FCRA function and peer group.
· Provide internal stakeholders with insight into FCRA activities.

Leadership & Teamwork

· Build strong relationships with internal stakeholders and peer group, adopting a joined-up approach to the execution of tasks with minimum conflict, while ensuring the independence of FCRA.
· Support FCRA management in building and maintaining positive and professional relationships with key external stakeholders.
· Work collaboratively across the FCRA function and peer group.
· Provide internal stakeholders with insight into FCRA activities.

Operational Effectiveness & Control

· Follow high operational standards within the team, avoiding high risk findings from Internal Audit or other internal/external Assurance teams.
· Be diligent in executing all responsibilities, providing solutions to complex issues in a high-risk environment.
· Through review of MI, Internal Audit reports, reviews and other key information, support the identification and communication of emerging trends that may impact the effectiveness of the FCR function.

Major Challenges

· Achieving a balance between quality, time and cost to deliver insightful and accurate reporting which adds value for stakeholders.
· Being attuned to the political, technological, regulatory and reputational context of the financial services industry. Understanding the diversity of the business and geographies within which the Bank operates.
· Managing the demands of the reporting timetable to ensure all deadlines are met in a consistent manner.

Role Context

· The role holder will be required to support assurance reviews across the region and/or country and multiple LoBs.
· The role holder is responsible for ensuring that the FCRA programme meets regulatory expectations and provides senior management with up-to-date information regarding standards of compliance with applicable rules within the organisation.
· The role holder is required to work with considerable autonomy, dealing with issues for which there is no obvious solution while still being able to provide judgment and clear direction.
· The role holder is responsible for ensuring that the assurance standards in the regional and/or country are in accordance with the Global FCRA guidance, Group Standards Manual and Functional Instruction Manual (FIM).

Management of Risk

· Be aware of the operational risk, primarily through identification and management of financial crime compliance risk associated with the business.
· The role holder will also be required to continually reassess the operational risks associated within the relevant LoB, taking into account changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.
· The role holder is responsible for ensuring that the FCRA Operating Model and testing standards are in accordance with the Group Standards Manual and FIM.

Observation of Internal Controls

· Maintains HSBC internal control standards, including timely implementation of internal and external audit actions together with any issues raised by external regulators.
· To assist in the discharge of accountabilities set out in the Financial Crime Risk FIM by proactively assisting Risk Stewards and Control Owners in their responsibilities.

Desired profile

Qualifications :

Knowledge & Experience / Qualifications

·  Mandatory:
·  Bachelor's Degree, in a numerical field (Math, Statistics, Computer Science, or related) or relevant experience in development of processes and tools along with related professional qualifications.
·  Strong proficiency in automated tools and techniques such as SQL Server, Excel, VBA and data analytical tools
·  Working experience of data visualization tools like Qlikview, Qliksense, Tableau, Plotly, Fusioncharts etc.
·  Good understanding of database architecture
·  Proven ability to build efficient data models (forward thinking)
·  Advanced Excel user – ability to build dashboards, macros ect.
·  Experience with forensic data testing design and interpreting data queries
·  An ability to construct end-to-end data analytics and modeling workflows including data capture, cleaning, normalization, exploration, modeling design, development, and validation as well as visualization;
·  Good knowledge and understanding of management information anf technology solutions.
·  Highly motivated self-starter with proven ability to work collaboratively within teams and to deliver on time.
·  Excellent analytical skills with good eye for detail and ability to draw and support conclusions or anticipate outcomes from data trends or system documentation.
·  Good communicator with collaborative, inter-personal and influencing skills.
·  High level of professional and personal integrity.
·  Desirable (Not Must):
·  Master's Degree in same discipline as bachelors or Business/Finance
·  Additional desired skill: SAS, Python, R, Scala, Java, Hadoop, Spark, Google Analytics, AWS, Spotfire etc.
·  Project Management and strategic and/or operational planning skills. Lateral thinker with an ability to interpret and solve complex issues.
·  Understanding of compliance and risk controls
·  Ability to clearly articulate the implications of analysis and findings.

As a business operating in markets all around the world, we believe diversity brings benefits for our customers, our business and our people. This is why HSBC is committed to being an inclusive employer and encourages applications from all suitably qualified applicants irrespective of background, circumstances, age, disability, gender identity, ethnicity, religion or belief and sexual orientation.

We want everyone to be able to fulfil their potential which is why we provide a range of flexible working arrangements and family friendly policies.

https://www.hsbc.co.uk/1/2/popups/uk-privacy-statement#/ overview