Job Description
Some careers open more doors than others.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
We are currently seeking an experienced professional to join the HSBC International Team.
Principal Responsibilities
- Assist Relationship Managers in addressing FEMA queries raised by clients and conduct regular sessions for the RM team and clients on latest developments in the FEMA landscape
- To ensure compliance of all Internal Procedures, Operational Controls and Regulatory Requirements
- To ensure speedy resolution of FEMA queries and complaints, in accordance with laid down procedures and quality standards
- Compliance of all the policies and procedures issued in relation to Money Laundering Prevention and KYC Norms
- Addressing pre-transaction or non-transaction related FEMA related queries from clients and intermediaries
- Guiding clients on regulatory guidelines prior to submission of any actual payment request
- Guide clients on what needs to be incorporated in the customer letter, review drafts and annexures prior to submission to bank
- Organise client and internal training events on FEMA
- Assisting client in filling out regulatory forms
- Vetting and providing guidance on draft / physical documents prior to submission of any actual payment request
- Maintaining effective relationships with regulators
- Managing client communications for guidance on change in regulations
- Creation of standard checklists / templates / ready reckoner for guidance on document submission for capital account and current account transactions
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct, compliance, cross border matters
