AML Quality Assurance Analyst - Quality Assurance AML Analyst HSBC Employee Review

2.0
May 24, 2015
Recommend
CEO approval
Business Outlook

Pros

Able to work from home remotely. 401K is mactched up to four percent. Vanguard is the best 401K vendor there is and HSBC deserves credit for utilizing them for this service.

Cons

Below market pay. Management has allowed downsizing by a kind of organic attrition. Due to the bank's scandals HSBC does not want their fingerprints on any actual downsizing in AML compliance. They also do not want to pay any unemployment and severance packages. However, HSBC is more than content to keep salaries low as employees leave on their own. Another negative is there is a global standards assessment all employees must now take and pass with an 80% grade to impress regulators and integrity monitor. This assessment is to be taken on an annual basis. Unfortunately, the wording of the test is flawed. It's a multiple choice/true false subjective test that his resulted in massive failures. These "global standards" often contradict the procedures employees are given by their line managers resulting in massive chaos. In many respects this bank does not know what its doing. HSBC claims they have a "culture of transformation" to correct the mistakes of the past. That was true under CEO Irene Donner. Under current CEO Stuart Gulliver HSBC is now a culture of toxic restoration.

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5.0
May 17, 2026
Recommend
CEO approval
Business Outlook

Pros

the work was very exciting

Cons

the hours were very long

5.0
Jun 2, 2026
Recommend
CEO approval
Business Outlook

Pros

Good environment and nice place to work and learn

Cons

nothing else to say the users were excellent

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