Senior Associate - Anti Bribery and Corruption FCRC

Who is HSBC Innovation Banking? HSBC Innovation Banking is the power behind the UK’s forward‑thinkers, future‑makers, and leap‑takers, helping them ignite the bold ideas that reshape our world. We offer flexible banking solutions for start‑ups, scale‑ups, growth businesses, investors and those working towards IPO typically within the technology and life science sectors.

Whether it’s comprehensive banking, managing cashflow, plans for buyouts or Strategic Fund Solutions, we power ideas at every stage of their journey. From the first‑time founders to the funds that back them, and everything in between, we’re proud to accelerate growth for our clients, create meaningful connections and communities, and open a world of global opportunity for entrepreneurs and investors alike.

Here’s to never standing still. Come and join us!

HSBC Innovation Banking UK (HINV UK), Business Financial Crime Risk (BFCR) team is a First Line of Defence (FLOD) team responsible for identifying, investigating, and monitoring relationships that pose a money laundering or terrorist financing risk in support of all legal and regulatory requirements relating to anti‑money laundering (AML) and counter‑terrorism financing. BFCR also has responsibility for reviewing and assessing Sanctions, Anti‑Bribery & Corruption (AB&C), Tax Transparency, Fraud and Reputational Risk considerations for both existing clients and new prospects.

• Design, enhance, and implement financial crime controls relating to ABC and Tax risks, contributing to the testing and assessment of control effectiveness and identifying gaps, weaknesses and areas requiring enhancements.
• Support the ongoing enhancement of the Risk and Control Assessment for Anti‑Bribery and Corruption and Tax as part of the HINV Risk Management Framework.
• Serve as an SME for HINV Relationship Teams to aid in identification of prospect & existing clients that may have increased bribery/corruption and tax risk due to business model, geographic location and/or ownership.
• Work closely with the 1
  
  LOD and 2
  
  LOD teams to enhance bribery and corruption procedures and controls.
• Review client relationships that meet HINV’s high risk business categories and geographies and perform reviews of existing clients and prospects with a primary responsibility to cover bribery and corruption risk.
• Provide ABC and Tax subject matter expertise input into the annual EWRA programme.
• Support ongoing monitoring activities relating to ABC/TAX controls including MI production and escalation of issues where required; excel in timely escalation and resolution, including knowledge of SAR escalation.
• Ensure timely and accurate submission of Client Tax Reporting (CTR), prepared in accordance with the applicable reporting requirements.
• Give guidance, training and awareness across relevant stakeholders to strengthen understanding of ABC/Tax risk obligations and control expectations.
• Assist with internal ongoing due diligence review escalations regarding client matters and support the preparation of papers to Reputational Risk and Client Selection Committees where required.
• Build strong relationships through effective influencing and decision‑making skills.
• Support change in the right way and recommend enhancements to processes and procedures to ensure the firm remains compliant whilst aligning to a risk‑based approach.
• Maintain current industry awareness and demonstrate competence in relation to regulatory obligations.
• Provide guidance and direction to BFCR colleagues to ensure they remain protected from financial crime risks and embed an effective financial crime risk culture.

• Strong in‑depth knowledge of financial crime legislation across Anti‑Bribery and Corruption, Tax, and application of regulatory requirements.
• Solid experience related to financial crime compliance risk management processes.
• Good working knowledge of financial crime prevention within the UK regulatory environment.
• Strong understanding of a wide range of business sectors and niche sectors of innovation with complex business models.
• Strong individual contributor with the ability to work effectively as a team.
• Demonst…