.
*manager compliance wpb*job purpose:*compliance*the compliance function is a second line of defence (lod) function, responsible for reviewing and challenging the activities of the group's businesses (also referred to as "the first lod") to ensure that they effectively manage as "risk owners" the regulatory and financial crime compliance risks[1] inherent in or arising from the conduct of their activities and for which they are responsible.
the second lod consists of 'risk stewards' who are independent of the commercial risk-taking activities undertaken by the first lod.
the compliance function is a risk steward for a number of non-financial risks in accordance with hsbc group's risk framework.the lam/mx wpb manager supports the lam/mx compliance head for asset management & wealth management, insurance, retail & retail bb, or digital & channels, who* *is the senior accountable executive responsible for ensuring that hsbc's operations in lam/mx are effective in identifying, managing and mitigating regulatory compliance and financial crime and fraud risks and ensure timely advice is provided to the business.the responsibilities of the lam/mx wpb manager are:- to support the head of wpb for lam/mx asset management & wealth management, insurance, retail & retail bb, or digital & channels in relation to regulatory compliance and financial crime and fraud risks.- articulate the regulatory compliance and financial crime and fraud risks for lam/mx wpb.- primarily to support wpb advisory, to maintain an effective control framework and to ensure compliance with all relevant external laws & regulations, internal codes and policies and good market practices.
with primary focus on wpb area.- provide advisory services to wealth & personal banking business in order to ensure clear understanding of compliance risk exposure with respect to clients, transactions and products.- manage the relationship with relevant regulators on behalf of lam/mx wpb.- be responsible for second line governance of regulatory compliance and financial crime and fraud risks exposures, providing analysis, reporting and governance to lam/mx wpb that is independent of the first line of defence, thereby maintaining an objective assessment of risk exposure- assist the senior management of lam/mx wpb, the leadership of the compliance function, and other colleagues on all material compliance related matters.represents the compliance agenda up to the highest levels of the group's governance, including being an attendee (as required) at the lam/mx wpb forums (and related sub-committees) to report on progress and issues in relation to the operational effectiveness of hsbc's policies, processes, systems and controls in countering regulatory compliance and financial crime and fraud risks.requirementsprincipal accountabilities:the following principal accountabilities are aligned to the compliance services and processes model