Head of Financial Crime and Money Laundering Reporting Officer

  • Jakarta
  • Hsbc
Job Advert Details Some careers shine brighter than others. The Compliance function is a Second line of defence (LOD) function, responsible for reviewing and challenging the activities of the Group's businesses (also referred to as "the First LOD") to ensure that they effectively manage as "Risk Owners" the risks inherent in or arising from the conduct of their activities and for which they are responsible. The Second LOD consists of 'Risk Stewards' who are independent of the commercial risk-taking activities undertaken by the First LOD. The Compliance function is a Risk Steward for a number of non-financial risks in accordance with HSBC Group's risk frameworkResponsibilities: Money Laundering Reporting Officer, supporting the Business Facing Compliance Officers in countering financial crimeWorking closely with the Business Facing Compliance Officers, set policy and provide effective oversight of the operational effectiveness of critical policies and systems covering financial crime that ensure that the PT Bank HSBC Indonesia exposure to financial crime and related reputational risk is managed, in a commercially sensitive, practical and cost effective manner. To articulate the PT Bank HSBC Indonesia risk appetite and policies with respect to money laundering, sanctions, internal and external fraud, tax evasion, terrorist financing, bribery and corruption.Acting as a trusted advisor to the PT Bank HSBC Indonesia Board and senior executive stakeholders (including the leadership of the Compliance function) on all material financial crime risk and related reputational issues involving PT Bank HSBC Indonesia that arise in relation to the operational management of financial crime risk.To represent the financial crime risk agenda up to the highest levels of governance, including may be attending PT Bank HSBC Indonesia Compliance ExCo and Board of Director, Board of Commissioner as an attendee to report on progress and issues in relation to the operational effectiveness of HSBC's policies, processes, systems and controls in countering financial crime.Coordinating a consistent approach to managing PT Bank HSBC Indonesia positive relationship with its regulators, and, in conjunction with the Business Facing Compliance Officers, ensuring timely reporting and disclosure of relevant information both to our regulators and within the Group in relation to financial crime matters.Lead the PT Bank HSBC Indonesia Financial Crime team, establishing guiding principles and strategic operational objectives, owning budgeting and managing costs, headcount and resources to ensure that the PT Bank HSBC Indonesia Financial Crime team is fit for purpose and that the team's delivery of its critical services is both effective and cost-efficient. To ensure second line governance of financial crime risk exposure, providing analysis, reporting and governance that is independent of the first line of defence, thereby maintaining an objective assessment of risk exposure. Qualifications To be successful in this role, you should meet the following requirements: A legal or formal accountancy qualification or professional background in relevant risk or audit disciplineSignificant experience (> 10 years) as a regulator, or a senior compliance manager within a global firm, in the financial services industry. Significant leadership experience and an experienced strategic thinker.Excellent communication and inter-personal skills, with experience of dealing with executives at all levels.Ability to develop practical, cost-effective solutions to complex global issues. Detailed and extensive knowledge of the HSBC Group structure, its business and personnel, and HSBC's corporate culture. Indonesia Citizens Only.You'll achieve more at HSBC HSBC is 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.