Lam Manager Sanctions Coe

**LAM Manager Sanctions CoE**

Role purpose:
Reporting to the Head of L3 Sanctions CoE, the CoE Manager will assist to ensure the proper execution of Trade, Economic and Financial Sanctions and global risk management framework to meet legislative and regulatory requirements either locally and globally. This individual will participate in the review and investigation of potential breaches of sanctions from across the Region, reviewing the reporting made, and escalating where appropriate to the Head of L3 Sanctions CoE. The individual will be responsible for keeping current on legislation, policies, and risk assessment.

Requirements

Principal Accountabilities:
Impact on the Business
- Provide sanctions related guidance on escalated payments, investigations, customer retention etc.
- Support a strategic coordination and implementation of an effective Sanctions controls framework within the Region.
- Assist with ensuring that the Group’s regional exposure to regulatory and reputational risks is managed, in a commercially sensitive, practical and cost effective manner.
- Discharge the relevant accountabilities as set out in the Group FC standards framework.
- Assist with managing any required remedial action, in assigned area, of all material FC Sanctions issues involving the Region that arise to ensure effective implementation through internal and external reviews.
- Assist with managing global standards within the Region and strategic policies which ensure FC Sanctions exposure to current risks and emerging arising risk is managed appropriately.
- Assist with implementing, as required, Group sanctions policies and systems within the Region that ensure that business exposure to financial crime and reputational risks is managed, in a practical and effective manner, including efficient and reasonable deployment of resources and an understanding of the business operations and needs.

Customers / Stakeholders
- Liaison with relevant stakeholder within Global Business and Functional teams within the Region to provide expertise and support on all Financial Crime Sanctions related matters
- Support the Head of L3 Sanctions CoE in the provision of reports on Regional Sanctions issues.
- Ensure that the Head of is appropriately advised of material Sanctions issues.
- Where applicable, ensure that the Group’s interests are externally represented and professional and positive relationships are fostered at a Regional level.

Leadership & Teamwork
- Work effectively with regional Head of L3 Sanctions CoE, Sanctions Team, Assistant Chief AML Officer and other FC heads to ensure consistency across the FC functions.
- Maintain and develop positive and professional working relationships with business partners.
- Foster positive and professional working relationships within FC and other senior managers throughout the Group.
- Support Head of L3 Sanctions CoE.
- Promote an environment that supports diversity and reflects the HSBC brand

Operational Effectiveness & Control
- Assist with providing regional solutions to complex Sanctions issues/initiatives in an ever changing, high-risk environment.
- Ensure all GSM, FIMs, BIMs and dispensations, etc. are updated for changes in Country Regulation and impacts on business.
- Maintain awareness of operational risk within assigned portfolio and minimize the likelihood of it occurring including its identification, assessment, mitigation and control, loss identification and reporting.
- Maintain and observe all HSBC control standards and implement, cascade and observe the Group Compliance Policy, including the timely implementation of recommendations made by internal/external auditors and external regulators for assigned area.
- Ensure that all employees are aware of and effectively identify and manage applicable money laundering (ML), terrorist financing (TF), sanctions and reputational risks.
- Complete other responsibilities, as assigned.

Management of Risk
- Ensure compliance of both general and anti-money laundering and anti-terrorist financing (AML/ATF) compliance controls as well as operational risk controls in accordance with HSBC or regulatory standards and policies; and optimize relations with regulators by addressing any issues.
- The jobholder is responsible for ensuring that the FC Sanctions standards are in accordance with the Group Standards Manual at local levels and that the Sanctions policy aspects of the Legal & Compliance FIM are effective and relevant.

The jobholder will ensure the fair treatment of our customers is at the heart of everything we do, both personally and as an organisation.

Knowledge & Experience / Qualifications:

- Bachelor degree or equivalent experience
- Seasoned professional with 4-5 years proven and progressive financial services, compliance or legal experience or equivalent, ideally to include Sanctions experience.
- Experience performing Sanctions and/or AML investigations.
- Knowledge of Sanctions regulations and guidance.
- Specializ