Head of Investigative Reporting

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 Job Description - Head of Investigative Reporting (0000CK8M)

Job Description 

Head of Investigative Reporting : 0000CK8M 



Financial Crime Threat Mitigation (FCTM) focuses on the specific financial crime threats the firm faces now and in the future, pioneering the techniques and technology that protect our business, our customers, and the many communities in which we operate from the harms associated with financial crime.  FCTM harnesses intelligence, analytics, technology, investigation, information sharing, and public-private partnership to achieve this end, always seeking the most effective and efficient means. FCTM is also partnering with Financial Crime Compliance to build the case for a more efficient and effective regulatory approach by defining a potential new regulatory landscape based on practical, tested innovation and serving as a thought leader in the ongoing public debate on the future of regulatory compliance.


The jobholder will be working within one of FCTM’s four regional functions aimed at mitigating the harms associated with financial crime: Investigation. In this role, the jobholder:

  • Managed the firm’s investigative reporting programs across the region and in-country related to fraud, anti-money laundering, countering the financing of terrorism, sanctions, anti-bribery and corruption.  Ensures the quality and consistency of the investigative reporting and the adequacy of the resourcing.
  • Ensures that external regulatory reporting (SARs and VSDs) is performed effectively and within regulatory and FCC standards.

  • Directs the regional function in its responsibilities to ensure effective, timely cross-border information sharing and provide coordination in significant cross-border investigations.

  • Institutes a systemic capability to refer investigative findings and recommendations to other parts of the firm for follow-on action to mitigate the identified financial crime risk, track the response, and ensure appropriate governance.

  • Interacts effectively with regional law enforcement, security and regulatory agencies, and financial intelligence units, in furtherance of public-private partnership, information sharing, and training initiatives, as well as on specific investigations of significance..

  • Continuously seeks to improve the efficiency and effectiveness of the function, running it as a business.

  • Establishes seamless, trusting and mutually supportive relationships with the other components of FCTM, FCC and GIIG.

  • In the short term the roleholder will be a key stakeholder in the integration and transition of the Anti Money Laundering Investigations (AMLi) team into FCTM regionally and, following the successful completion of this phase, will be responsible for a significant programme of work relating to efficiencies around the end to end processes of AMLi, AML Operations and SAR filing

Impact on the Business

  • To manage a team of Reporting specialists across regions, and countries to identify and investigate financial crime threats to the firm.
  • To develop strategies and initiatives among reporting teams in support of FCR objectives and ensure for the effective execution across FC Investigation, FCTM.

  • To drive execution of the global procedures or approved country variances around SAR and VSD filing across FC Investigation, FCTM, which are designed to ensure the operational effectiveness of the investigative capability.

  • To ensure effective information sharing across FC Investigation, FCTM, and with other parts of the organization regionally.

  • To ensure investigative findings are effectively communicated to other parts of the organization for follow-on mitigation action, and results recorded.

  • To oversee production and issue Management Information to senior leadership.

  • Implementing a consistent and effective management approach

  • Adherence to the strategic plans globally and accountable for converting strategic plans into operational objectives.

  • Drive efficient allocation of scarce resources, including capital and people

  • Proactively identify key emerging financial crime threats across all FC Investigation categories and interface with other regional functional areas

Customers / Stakeholders

  • Manages and owns relationships with key internal stakeholders across lines of business, regions, and countries.
  • Manages, and owns external relationships with key public sector partners and peers.

  • Manages the sharing of information and creation of feedback loops across the firm to continuously adapt and improve our financial crime controls and support the business in their first line responsibilities.

Leadership & Teamwork

  • Clearly communicates Threat Mitigation strategy to meet business needs.
  • Provides support at a regional level to the FCTM sub-function.

  • Establishes policies to attract, retain and motivate high caliber talent.

  • Influences through action and strong leadership FCTM personnel to own and optimize FCTM decisions to grow sustainable, risk adjusted profits.

  • Provides sponsorship and strategic vision for People Development initiatives for FCTM, aligned to FCR and Group activities, as well as supporting the annual BAU HR cycle.

  • Co-ordinate communication across FCR and the business to all key regional stakeholders in relation to Investigation matters

Operational Effectiveness & Control 

  • Adherence to the framework, policies, procedures, and controls for the effective identification and mitigation of the specific financial crime threats the firm faces.

  • Agree and oversee the monitoring of the adherence to the FCTM-related elements of the Financial Crime Risk FIMs.

  • Monitor and assess the resourcing, costs, and spend of the function.

Major Challenges

Global FCR is going through a period of rapid and deep change both internally and externally. Internally we are restructuring the Group’s footprint, ensuring that these businesses are run consistently and globally. Steering a regional team in such an environment is challenging by itself.  However, there are additional challenges from internal restructuring of our business, major cost reviews and implementation of efficiency programmes. The immense amount of change internally and externally calls for the job holder to be alert and adaptable to:


  • developing requirements, whilst also delivering challenging targets;
  • managing the demands of multiple diverse aspects of the role;
  • maintaining a global perspective, but with particular consideration of regional distributions (staff, budgets, resources, operations) and the impact of these, and ensuring a proportionate balance in each region;
  • implementing and managing a uniform approach to operations, in view of disparate operating procedures already in operation (within the organization and within departments) and the unique issues, requirements and problems associated with each.

The jobholder is required to manage and lead the Investigation sub-function within FCTM and establish the policies and procedures of the Group in managing these risks.  This can involve dealing with major issues for which there is no clear cut solution whilst still being able to provide judgment and clear direction.  Where items of major consequence are involved, reference is made to the Head of External Investigative Reporting and the Regional Head of Investigations. The nature of the role requires close working contact with senior executives across FCTM.

  • This is a new position and function that the jobholder will be expected to further define and embed.

Management of Risk


The jobholder will continually reassess the operational risks associated with the role and inherent in the business, taking account of changing financial crimes threats, geopolitical, economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology. Monitor in accordance with the Principal Accountabilities set out above.


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

Observation of Internal Controls

  •  Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.
  • Jobholder is an ‘insider’ for dealing purposes and subject to strict controls and confidentiality.

Role Dimension


The jobholder’s responsibilities cover all of the Group’s FCTM operations 



  • Significant experience in a regulatory, investigative, or financial intelligence agency, or as a senior compliance manager within a global firm, in the financial services industry.
  • Expertise and experience in mitigating the harms associated with the threat of financial crime at a strategic level.

  • An excellent understanding of the current regulatory environment and expectations, relevant regulations, codes, and HSBC Group Standards, as well as their underlying purpose to mitigate risk to the financial system and provide information useful for the public sector to provide law enforcement and security.

  • Significant leadership experience and an experienced strategic thinker

  • Excellent communication and inter-personal skills, with experience of dealing with executives at all levels.

  • Ability to develop efficient and effective solutions to complex global issues.

  • A legal or formal accountancy qualification or background in this risk area is desireable.



Job Field

 : Risk Management

Primary Location

 : North America-United States-Illinois-Arlington Heights


 : Full-time 


 : Day JobType of Vacancy : Country vacancy

Job Posting

 : 09-Feb-2019, 06:09:34 

Unposting Date

 : 23-Feb-2019, 12:59:00  

13 April 2019
Location: United States Illinois Arlington Heights
Work type:
Full time
Banking and Financial Services
PLEASE! No enquiries from Recruitment Agencies or Headhunters.

Only direct applications will be considered.

This career opportunity is no longer open.
Please search for current vacancies here.

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