Financial Crime Operations Specialist

The opportunity:

Financial Crime Operations Specialist

Being part of HSBC in Switzerland, you’ll help evolve and grow our business.

The Financial Crime Operations Specialist supports the review and systematic investigation of Anti-Money Laundering (AML) alerts generated by the transaction monitoring system, piecing together what’s happening behind the transactions and whether the activity represents a genuine AML risk. They research each case using relevant Financial Crime (FC) risk factors and indicators to reach a clear outcome, including whether the alert should be escalated.

They also oversee, assist, and support junior investigators as they work through Transaction Monitoring investigations, helping them build strong AML judgement and stay ahead of the risks inherent in FC Operations. In parallel, they partner with the FC Operations Manager to deliver key projects that shape and improve the department’s work.

Are you interested? Do you have a sharp analytical mindset and the confidence to apply sound judgement when assessing financial crime risk? Do you enjoy to be part of a cohesive team?

If you answered yes to any of these questions, we want to hear from you!

What you will do:

As a Financial Crime Operations Specialist, it is anticipated that the nature and scope of transaction monitoring will be predicated upon the information discovered during the analysis. In consequence, it is expected that the Officer will possess sufficient knowledge and experiential skills to decide the extent and parameters of his analysis with minimal supervision. In addition, the Financial Crime Operations Specialist maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.

In this role you will:

• Conduct initial analysis of customer transactions using internal/external research tools in order to assess if financial crime risks can be identified which require further investigation or escalation
• Identify unusual transactions, non-compliant activity or increased compliance risk
• Document accurately document rationale and evidence for case closure or escalation as appropriate
• Undertake prompt closure of eligible alerts not deemed as unusual or in line with clients’ profile
• Outline if additional enquiries are required and escalate as appropriate for non/low quality responses
• Prepare customer transaction analysis summaries on request
• Undertake sanctions and adverse information screening
• Ensure that investigations undertaken adhere to the HSBC’s Global Standards, Policies and Procedures
• Process requests from other departments as required
• Support the Head of Financial Crime Compliance Operations on special projects
• Assist the AML Advisory, On-Boarding team, On-going Review team, Sanctions and Investigation team
• Engage with Relationship Manager or other teams/departments for additional information
• Assist the Head of Financial Crime Compliance Operations to ensure adequate cover within the AML Transaction Monitoring team to meet the demands of core functions (investigations, Front Office engagement etc.)
• Promote a collaborative working environment, facilitating the sharing of ideas and knowledge to improve the Team’s level of understanding
• Acknowledge the needs of the Team and support other team members where they are dealing with a high profile, or urgent investigations

You should apply if you have:

• Degree level – Preferably in Law, Banking or Business Administration
• Proven proficiency in Compliance, Banking, Audit or other Regulatory or Risk Functions related work.
• Awareness of Swiss rules and guidelines, as well as applicable foreign laws
• Understanding of Private Banking activity, including comprehension of Securities, Trust Structures, Corporate Structures
• Analytical, well-informed and creative approach to problem-solving ability to work autonomously and to the highest level of accuracy and accountability
• Computer and IT systems literate, good communication and writing skills
• Ability to work under stress and time pressure
• Self-assertion, good communication skills and interaction with the Front Office
• Fluent in English and Hebrew (both…