Financial Crime Manager - Saudi Nationals

Financial Crime Manager - Saudi Nationals Only

Location:

Al Riyadh, SA, 12283

Brand: HSBC

Area of Interest:
Risk and Compliance

Role Workstyle:
Office Worker

Date: 13 Sept 2026

About HSBC:

HSBC Saudi Arabia provides investment banking services to the full spectrum of corporate and institutional clients in both the private and government sectors, including public companies; private companies and establishments; funds; government agencies; and family businesses and offices.

• Providing support and direction on FC Compliance for all HBSA Business lines in particular relating to KYC and Customer Due Diligence requests.
• Reviewing any new/amended material laws, rules and regulations and HBSA policies, assess their applicability to the business areas and guide the business accordingly ensuring all appropriate processes and procedures are amended to comply.
• Communicate with CMA and other regulatory authorities, and resolve queries or issues raised by them, if required.
• Assist in audit committees, and assist with remediation and other action to address FC gaps identified during assurance and regulatory reviews.
• Ensure that an effective Compliance training program is implemented in HSBC SA.
• Make recommendations for onboarding of all new and retention of existing high-risk rated customers.
• Review quality and completeness of customer due diligence (CDD) and enhanced due diligence (EDD) information in accordance with the requirements of the AML Policy and Line of Business Procedures.
• Escalate all the negative hits or Sanctions exposure or AML exposure to the Risk Reputational Client Selection Committee to obtain the members approval.
• Support efforts to proactively drive the KYC improvements to support sanctions compliance.
• Provide support to the FC function for implementing an effective FC framework and controls in order to protect the bank from potential losses.
• Provide support on any FC related project as required.
• Review reports and make recommendation and follow up for corrections and remedial.
• Assist with completion of AML, Sanction, AB&C, Tax Evasion, Internal and External Fraud and Market Surveillance, action, register, reporting requirements, including but not limited to half-yearly certifications, monthly reports, issue report, and reportable event escalation, in a timely and comprehensive manner.
• Review quality and completeness of customer record in accordance with the requirements of the sanction & AML policy and line of business procedures.
• Responsible for conducting effective and timely investigation into assigned cases in accordance with agreed standard reporting requirements and service level agreements.
• On receipt of a referral, conduct a review, in line with the instructions, in order to identify any probable financial crime related issues, or mitigation of any financial crime risks.
• Responsible for writing a high quality investigative narrative (Investigation Report) and to record the case history, with supporting findings, in an approved case management system.
• At any time during an Investigation, at the first reliable indication of financial crime risk, the case should be escalated to the Senior Manager of FC unit for consideration of reporting
• Manage Oracle Watchlist Screening ("OWS") referrals in line with Name Screening and investigative reporting instructions.
• Manage the Transactions monitoring system alerts (SAS) and ensuring to discount all low-medium risks issues with rationale justifications as a (Level
  1).
• Escalate all high risk alerts/issues to the line manager (Level
  2) for decision taking.
• Support the team by providing back-up coverage for leave and vacation.
• Provide support on any FC related project as required.
• Review reports and make recommendation and follow up for corrections and remedial.
• Have an access to the group systems and implement all the needed reports.
• Update the FC packs for all local committees and regional committees.
• Responsible for all the FC risk controls in the Helios.
• Have an access to the Helios System and review the submitted risks from the business.
• Supporting/oversighting Performance of daily trade and communications surveillance across business lines in Covered Business.
• Supporting/Oversighting performance of Transactions monitoring across all business lines covered.
• Assess testing the adequacy of controls in place within Covered Business.
• Managing Performing ad-hoc trading reviews. Scope of report to include trends and analysis / out of the norm trading activity.
• Assisting team members…