Global Head of Enterprise Wide Risk Assessment
HSBC 3,431 reviews - London

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Role Title: Global Head of Enterprise Wide Risk Assessment

New or Existing Role: New

Role Purpose

To lead a team that will be responsible for the global process, methodology, reporting and action plan tracking of the Enterprise Wide Risk Assessment (EWRA) to ensure an annual assessment and review of HSBC’s inherent Sanctions and Anti-money laundering risk, the controls in place surrounding these risks and subsequent residual risk.

Key Accountabilities

Impact on the Business/Function

Responsible for the global oversight and quality of the delivery of the Enterprise Wide Risk Assessment

Ensure a robust global risk assessment is completed on an annual basis and continually enhanced

Accountable for defining and agreeing the methodology to be used in rating the risk assessments on a global basis, taking in to consideration what exists and using peer insights to inform

Responsibility for ensuring global analysis of the survey results to determine the inherent risk and control ratings and overall residual risk rating for the Group

Responsibility for ensuring the production a summary of risks and controls identified through discussions with Regional Compliance and business leads.

Responsible for ensuring centralized control and management of action plan items as appropriate

Responsible for facilitating the support and thematic reviews as required by other parts of Compliance

Customers / Stakeholders

Ensure collaborative engagements across all Regional and Business compliance teams

Ensure and lead business engagement to the Enterprise Wide Risk Assessment process; with a view to the risk assessment being aligned with wider operational risk and compliance planning activity.

Close collaborative engagement with the Global Heads of Anti-money laundering and Sanctions to ensure the Enterprise Wide Risk Assessment is fit for purpose for those functions.

Build awareness and support for the Enterprise Wide Risk Assessment across the organization in order that it be used as a core driver of Compliance and Risk Mitigation activity.

Leadership & Teamwork

Ensure the collaboration across risk assessment and compliance teams globally

Provide oversight and coordination of the global delivery team who will lead all aspects of the Enterprise Wide Risk Assessment methodology, process, tool-set, governance, global analysis and reporting and action plan management.

Ensure collaborative working of Global team with Software Delivery and Analytics colleagues to ensure required support.

Operational Effectiveness & Control

Ensure effective governance is implemented at Global, Regional and Country levels.

Ensure the provision of Global Enterprise Wide Risk Assessment reports that enhance our operational effectiveness and control through meaningful and actionable findings.

Leadership over all regulatory and compliance matters and the management of operational risk.

Major Challenges

Ensuring appropriate attention to the risk assessment and annual action plans from country compliance teams where there will be many and varied competing priorities.

Maintaining and continually improving the Enterprise Risk Assessment methodology and process in a complex and changing compliance environment.

Managing in skilled resources to ensure right resources are engaged for successful execution of the Enterprise Wide Risk Assessment that also provide appropriate insights.

Role Context

The role is global in reach, interfacing with the Global Heads of Anti-money laundering and Sanctions, with Regional Enterprise Wide Risk Assessment teams, country compliance teams as required and with Heads of Financial Crime Compliance in all four business areas.

The outputs of the Enterprise Wide Risk Assessment will be required to assist the Global Heads of Anti-money laundering and Sanctions in compliance planning each year and will be required to assist the Global Business Chief Operating Officers in their annual planning and strategic decisioning.

The role holder will not be subject to close supervision and will be expected to exercise independent initiative in proactively overcoming obstacles to success. He / She will be expected to adopt a flexible approach to work and maintain an outstanding level of professionalism and conduct.

The role holder will be empowered to develop the Enterprise Wide Risk Assessment methodology and process but required to seek input from the Global Heads of Anti-money laundering and Sanctions as requested and the Global Head of Financial Crime Compliance.

The role holder will be expected to take direction from the Global Head of Financial Crime Compliance as to any specific areas he/she requires the Enterprise Wide Risk Assessment to investigate on an annual basis as the process is planned.

The role holder will be required to play an active role in wider Financial Crime Compliance governance and activities as requested by the Global Head of Financial Crime Compliance.

Management of Risk

The jobholder will also continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.

This will be achieved by ensuring all actions take account of the likelihood of operational risk occurring.

Also by addressing any areas of concern in conjunction with line management and/or the appropriate department.

Observation of Internal Controls

The jobholder will also adhere to and be able to demonstrate adherence to internal controls. This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators.

The jobholder will implement the Group compliance policy by containing compliance risk in liaison with Global Head of Compliance, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer. The term ‘compliance’ embraces all relevant financial services laws, rules and codes with which the business has to comply.

This will be achieved by adhering to all relevant processes/procedures and by liaising with Compliance department about new business initiatives at the earliest opportunity. Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimising relations with regulators.


Knowledge & Experience / Qualifications


Outstanding understanding of HSBC Group structures, processes and objectives.

Very strong knowledge of the external envionrment, specifically the industry compliance environment and area of enterprise risk assessments.

Outstanding knowledge of the Global Compliance function


Proven experience of positive, challenging interations with Senior Executives across the group.

Proven ability in working across multi-disciplinary and multi-cultural diverse work environments.

Strong analytical background and proven ability in analytical rigour, including being able to contextualise complex data in to compliance activities and action plans. Successful experience developing and retaining critical talent and building an effective globally dispersed team.

Experience in the areas of Sanctions and Anti-money laundering compliance


Outstanding interpersonal and communication skills with a proven ability to communicate effectively and confidently at all levels across the group.

High level of drive and motivation to ensure the successful delivery of the annual risk assessment and ongoing momentum to ensure the execution of action plans.

Ability to leverage resource available within the country compliance teams via the Regional Enterprise Wide Risk Assessment teams to achieve the annuals Enterprise Wide Risk Assessment goals.

Outstanding organisational, time management and planning skills in order to cope with multiple and competing aspects of the Enterprise Wide Risk Assessment.

Outstanding relationship management, collaboration and influecing skills.

Job Field


Legal & Compliance

Primary Location


Europe-United Kingdom-Greater London-London






Day Job

Job Posting


20-Aug-2013, 09:17:34

Unposting Date


10-Sep-2013, 23:59:00

About this company
3,431 reviews
HSBC was set up in Hong Kong and Shanghai in 1865 to finance trade between China and Europe, with an office opening in London the same year....