Head of Financial Crime Assurance HK

Some careers have more impact than others. If you’re looking for a role where you can continue to make an impression, take the next step at HSBC where your contributions will always be valued. We are currently seeking an experienced individual to join our Risk and Compliance function in the roleHead of Financial Crime (FC) Assurance Hong Kong. Role Overview The Head of Financial Crime Assurance Hong Kong is responsible for leading the second line assurance activities specifically focused on Hong Kong FC risk management in HSBC. This role ensures that assurance activities are risk‑based, consistent, and effective in evaluating the design and operating effectiveness of systems and controls to mitigate Financial Crime risk in HSBC Hong Kong business, providing senior management and regulators confidence in the strength of the Financial Crime framework. This position is crucial for ensuring that robust assurance processes are in place and executed effectively to assess the effectiveness of the Bank’s FC Hong Kong control environment independently. The role demands strategic oversight of global frameworks and standards with a focus on evaluating how effectively the organisation prevents, detects, and mitigates FC risks across HSBC Hong Kong business. The role requires a deep understanding of evolving regulatory expectations and emerging FC risks and typologies for Hong Kong, alongside the ability to collaborate seamlessly with Hong Kong FC Risk Stewards, first line control owners, and regional assurance teams to uphold the highest standards of compliance and risk management. For the role of Head of Financial Crime Assurance Hong Kong, you will play a critical role in supporting the development and execution of assurance strategies that align with the organisation's overarching risk management framework. Working closely with the Head of Financial Crime Assurance & Head of FC Assurance IWPB, and FC Assurance Risk colleagues, you will oversee the delivery of independent, risk‑based FC assurance across Hong Kong, fostering a culture of accountability, continuous improvement, and proactive risk management. You will lead a dedicated team of professionals, providing targeted assurance of FC risk management in Hong Kong, considering whether the risks are effectively identified, assessed and managed and that assurance outcomes provide meaningful insights to senior management and regulators. Accountabilities for Business, Customers and Stakeholders Support development and uphold the global second line financial crime assurance framework, methodologies and operating model. Oversee Risk Steward‑led Hong Kong FC risk assurance activity, ensuring consistency, quality and independence of approach. Work closely with senior leaders in Financial Crime, 2LOD Assurance, first line of defence (GCCOO Control Oversight Office) and third line of defence (Internal Audit) to ensure alignment, avoid duplication and strengthen the overall three lines of defence model. Build and sustain a high‑performing global team that demonstrates consistent, independent and risk‑based assurance across FC Hong Kong. Apply deep expertise in risk assessment and/or assurance methodologies to strengthen the Bank’s overall three lines of defence model and meet evolving regulatory expectations. Leadership & Teamwork Support the Head of FC Assurance & Head of FC Assurance IWPB & Functions in delivering to the financial crime risk assurance strategy. Lead a global team of assurance professionals, across FC risk types in Hong Kong, setting strategic direction and ensuring high quality delivery of the Hong Kong assurance agenda. Foster strong collaboration across R&C Assurance, promoting consistency and knowledge sharing across risk types. Role model HSBC values and conduct, driving an inclusive, diverse and high‑performance culture. Influence and build trust with senior executives and stakeholders across regions and functions, ensuring effective buy‑in to assurance priorities for FC risks in Hong Kong. Demonstrate experience in leading and managing high‑performing teams, with a focus on fostering a culture of accountability and continuous improvement. Ability to mentor and develop team members, ensuring they are equipped with the necessary skills and knowledge to excel in their roles. Functional Knowledge and Experience Extensive knowledge of FC risks, systems, controls, and regulatory expectations for Hong Kong. Deep understanding of HSBC’s risk management frameworks and their application to Hong Kong risk management as well as assurance/risk assessment methodologies. Comprehensive understanding of Hong Kong regulations, standards, and control frameworks. Experience in leading or overseeing assurance, audit, or regulatory testing functions within a complex, global financial institution is an added benefit. Experience in managing regulatory audits and inspections, with a proven track record of maintaining compliance and addressing regulatory changes proactively preferred. Proficiency in identifying, assessing and mitigating risks across various business units, ensuring that risk exposure is minimized and managed effectively. Ability to develop and implement risk assessment tools and techniques that provide accurate and timely insights into the organisation’s risk profile. Ability to translate complex risk and control issues into meaningful insights for senior executives and regulators. Skilled in balancing independent challenge with constructive engagement to drive improvements in the control environment. Strong strategic thinking skills with the ability to anticipate and address emerging FC risks and challenges in Hong Kong. Innovative problem‑solving abilities, with a focus on developing practical solutions that enhance the organisation’s risk management capabilities. Must demonstrate a proactive, curious and investigative mindset, with ability to be dynamic, risk‑based and make effective judgements, with an understanding of the effectiveness agenda. Experience in using technology to build out an effective assurance department is an added benefit. Opening up a world of opportunity 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. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website. Issued by The Hongkong and Shanghai Banking Corporation Limited. #J-18808-Ljbffr