Job title: Senior AML Specialist The role encompasses a number of tasks involving KYC analysis for RBWM line of business focusing primarily on regulatory sensitive work. Focus is on high quality and hence aspirants are expected to conform to AML Regulations, policies/procedures. This role also involves liaising with onshore Product specialists and Relationship Managers (RM’s) to ensure timely resolution of queries. In this role, you will:
• Complete end to end Private Banking customer Remediation based on LOB procedures for all Private Banking client types
• Navigate through system records, existing document repositories and publicly available information to complete Remediation.
• Maintain customer files by compiling available information and consolidating into the Private Banking system (e.g. AVALIOQ, EDMS, Etc)
• Undertake Remediation process steps like risk assessment, customer screening, Source of Wealth determination, ID&VA; and KYC Checks, AML Checks, Tax related analysis, US Touch Point analysis, Cross Boarder and Suitability checks.
• Perform Negative News & Facts Screening using tools prescribed by in-country FCC Team (e.g. WC1, Google Screening, Media Check, etc)
• Using reliable websites, analyze the Source of Wealth information and provide a concise summary for the Second line of Defense to comprehend the details and obtain the necessary information from client to complete the SOW
• Determine the Source of Wealth (SoW) specifics such as Net worth, tangible & intangible assets and Source of Wealth Type using Financial Statements and independent, reliable sources such as EDMS Report.
• Provide logical justification for the decisions taken when completing the Remediation.
• Identify Exceptions & Approvals required as per LOBP and ensure they are in place prior to profile being approved.
• Identify the Financial Crime Risk Indicators to escalate to in-country FCC.
• Ensure Data Quality controls are maintained, and data elements captured correctly.
• Conduct detailed reviews of client accounts to identify any potential issues or discrepancies.
• Analyze data and documentation to determine the root cause of any problems.
• Develop and implement remediation plans to address identified issues.
• Communicate findings and recommendations to management and stakeholders.
• Ensure compliance with all regulatory requirements and internal policies.
• Collaborate with Business and second line of defense to achieve remediation goals.




• Review customer profiles to identify possible patterns of money laundering and terrorist financing activity, ensuring compliance with applicable internal policies and procedures and external regulations.
• Demonstrate strong understanding of Source of Wealth and Source of Funds of Private Banking clients
• Proficiency in analyzing Source of Wealth and Source of Funds using limited information from multiple sources (e.g. EDMS, company website, etc)
• Perform PEP/Sanctions and Negative News Screening using industry standard tools such as World-check,1 Google Screening, Media Check etc
• Conclude whether further investigation is warranted based on a reasonable assessment of information obtained from reliable and independent sources.
• AML qualification (e.g. ACAMS) and or post graduate Compliance degree is an advantage.
• Support the Middle Office or Client Contact Unit team is completing the Approval process.
• Review, collect and transmit supporting details to the front line (line of business) upon conclusion of review.
• Prioritize work to ensure re-works and Post Approval work is complete on time;
• Adhere strictly to compliance and operational risk controls in accordance with Company and regulatory standards, policies and practices; report control weaknesses, compliance breaches and operational loss events.
• Follow appropriate escalation matrix and proactively highlight questionable profiles based on logical reasoning against text-book approach towards procedures.
• Keep current with understanding of systems, policies, procedures and US regulations
• Provide a supporting role to on-shore business partners. Assist in reviewing alerts and provide support on all AML and KYC monitoring functions performed by Global CDD;
• Work on short-term projects/assignments with primary focus on quality. To be successful you will:
• A bachelor’s degree or with equivalent industry/functional experience. Functional experience needs to be minimum of 2 years’ experience in reviewing customer profile to ensure they meet the AML/Sanctions/KYC requirements (E)




• Experience in working on Low, Medium High Risk, SCC, Private Banking profiles.(E)
• Experience in WC1 screening and Google screening along with applying discounting factor
• Prior Experience in writing and reviewing the private Banking customer plausibility statement is an added advantage (E)
• Experience of working with tools such as AVALOQ, EDMS, E-Form, WC1 etc (D)
• Computer literate and ability to work on basic applications like MS Excel, MS Word and Lotus Notes (E)
• Excellent Communication skills in English – written and verbal (E)
• Ability to be flexible and willing to change along with changes in corporate and department objectives in addition to recommending changes to assist in meeting these objectives. (E)
• Ability to learn quickly and adapt to evolving and changing priorities. Procedures change frequently; selected candidates are expected to implement the changes immediately with minimal training. (E)
• Ability to learn quickly and adapt to evolving and changing priorities. Procedures change frequently; selected candidates are expected to implement the changes immediately with minimal training. (E)
• Ability to meet daily target and stretch target.(E)
• Is self-motivated, pragmatic
- sense of urgency is a must (E)
• Willing to work a adaptable schedule to accommodate business needs. (E) What additional skills will be good to have?
• AML qualification (e.g. ACAMS) and or post graduate Compliance degree is an advantage. Hsbc.com/careers You’ll achieve more at HSBC HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.” Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website. *Issued By HSBC Electronic Data Processing (India) Private LTD*

📌 Senior AML Specialist (Bengaluru)
🏢 HSBC
📍 Bengaluru