AML Engagement Officer; UAE Nationals

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Financial Crime Compliance aligns current activities within Global Risk and helps to build these into a more integrated framework, which enables HSBC to manage financial crime risk more effectively. It builds stronger controls to improve the way Financial Crime Compliance risks are managed to spot gaps as well as trends so that the team can act. It proactively gathers and analyses financial intelligence in a smart way so that suspicious transactions, activities or connections can be identified, and we can adequately protect our customers from the threat of financial crime.

We are currently seeking an ambitious individual to join our Financial Crime Compliance team, working together with colleagues to define, manage and achieve divisional business targets.

To assist the Country MLRO’s in the management of Financial Crime (“FC”) related regulatory reporting to the Financial Intelligence Unit (FIU). The jobholder will be responsible for activities including, but not limited to, the below:

• Complete relevant actions emanating from the MLRO recommendations from the internal investigation.
• Accurately perform and prepare the STR/SAR/AIF/AIFT reporting to the UAE FIU via the GoAML system.
• Maintain and track requests on the relevant trackers.
• Retrieve relevant Know Your Customer (KYC) and transactional information, as required.
• Adhere to the Service Level Agreements (“SLAs”) outlined in relevant procedures.

• Fulfil the GoAML Case Management reporting accurately as per the relevant procedures and standards, ensuring timely action and response as outlined in relevant Service Level Agreements (“SLAs”).
• Escalate concerns and issues in a timely manner to relevant Country and Regional teams, as appropriate.
• Work closely with relevant stakeholders within the Region and Country Financial Crime teams and other HSBC Functions in relation to the fulfilment and management of the STR/SAR/AIF/AIFT reporting to the UAE FIU via the GoAML system.
• Deliver fair outcomes for our customers and ensure own conduct maintains the orderly and transparent operation of financial markets.
• Contribute to team development, effectiveness and success by sharing knowledge and good practice, working collaboratively with others to create a productive, diverse and supportive working environment.
• Take personal responsibility for understanding and agreeing performance expectations.
• Complete mandatory and ongoing trainings required to develop levels of capability and competence needed to be effective in the role.
  
  E.g., changes to Policies and Procedures, Service Level Agreements, Regulatory Developments, etc.
• Ensure that data is handled cautiously and in a secure manner, especially given the confidential and sensitive nature of the requests.
• Ensure all relevant procedures are updated as necessary following changes in Policy, Systems and Controls.

The jobholder will directly report to the UAE MLRO and assist in the management of the end-to-end internal and external Production Order / Law Enforcement and regulatory requests, from the Central Bank of UAE (CBUAE), Securities and Commodities Authority (SCA), UAE Financial Intelligence Unit (FIU), and Law Enforcement Authorities (LEAs), for all Onshore HSBC operations in the UAE. The jobholder is also responsible in managing regulatory correspondences with the CBUAE, UAE FIU, SCA, LEA on Production Order enquiries, including Search & Freeze / Search / ECDD / Request for Information (RFI) Notices.

The AML Engagement Officer will also assist in the generation of country / regional MI for the consumption of various stakeholders within country and regional senior management or governance committees. The jobholder will also support the team’s compliance with the Records Management and Document Retention Policy.

• Manage the end-to-end process of Production Order Management process in the UAE…