Edward Stewart

A highly specialised professional with a deep understanding of both technical and business aspects of the financial crime landscape. Equipped with over two decades of experience in financial crime compliance within finance organisations (HSBC and Citi), As a seasoned expert, leads in the development and implementation of robust anti-money laundering (AML) and Know Your Customer (KYC) strategies, ensuring regulatory compliance and mitigating risks effectively. Leadership roles at HSBC, including Global Head of Model Monitoring and Director of Financial Crime & Regulatory Compliance Risk Model Validation, have seen strategic leadership of critical initiatives, such as successfully implementing Google AI in the UK, resulting in a 300% increase in SAR volume and a 70% reduction in alert volumes.

Able to enhance financial systems security and has a proactive approach to preventing financial crime, including saving £25 million through customer protection measures, underscores continued dedication to excellence and innovation in the industry.

• Successfully led the compliance team in the implementation of Google AI in the UK, resulting in a 300% increase in SAR volume and a 70% reduction in alert volumes.
• Engaged closely with business units and second-line functions to understand their risk profiles and implement appropriate controls, leading to no high-risk UK model findings during 3rd line interactions.
• Achieved a significant reduction in AML alert volume while enhancing the effectiveness of the risk approach for AML monitoring.
• Saved £25 million in the last year by returning money to defrauded customers, demonstrating a proactive approach to financial crime prevention and customer protection.
• Enhanced the AML & Sanctions Screening model risk management within HSBC Financial Crime Compliance, improving the bank's ability to detect and prevent financial crime.
• Developed and implemented control and governance points to regulatory standards for Financial Crime models, ensuring the bank's compliance models met high-quality standards.
• Played a key role in identifying ongoing global money laundering control and systems risks, contributing to the bank's strategic approach to mitigating financial crime risk

ICA Professional Postgraduate Diploma in Financial Crime Compliance, Pass