HSBC Group

Open positions: 1

Global Career Band: 7IC

Why join us? 

Markets & Securities Services (MSS)

Markets & Securities Services enables our corporate and institutional clients to access financial markets and liquidity, unlock investment opportunities, manage risk and transact seamlessly. We do this by bringing together financing solutions; sales, trading and distribution across multiple asset classes; research; clearing and settlement; global and direct custody; and asset servicing. Our global network is combined with emerging markets leadership and specialist expertise, giving clients the confidence to go where the growth is and capture new opportunities.

We are currently seeking an experienced professional to join our team.

The Opportunity:  

Responsible for managing post trade support activities such as Daily responsibility for monitoring precious metal, fixed income clearing and settlement. Brokerage fee validation, process and payment. Performing reconciliation on custodian, internal vs external systems. Maintain collateral and CRS static. Prepare client reports and confirmation related process. There is no direct report for this role. 

What you’ll do:     

• Be responsible for brokerage fee/ billing validation, processing, payments and relative MIs.

• To perform reconciliation of custodian vs internal holding and intersystem trade reconciliation of external vs internal systems. Send and consolidate daily reconciliation breaks for investigation.

• To perform trade confirmation chasing, matching and produce relative MIs.

• To produce and dispatch client reports such as valuation report, client outstanding trade report, gold loan margin report to client or internal stakeholders.

• To maintain and update procedures as necessary.

• To identify potential financial risk to the bank and ensure proper resolution is achieved within the bank’s guidelines.

• To ensure adequate support for effective management of Key Risk Indicator (KRIs), to minimize risk e.g. Inter-system breaks, confirmation long pending.

What you will need to succeed in the role:       

• Conceptual understanding of Global Markets.

• Basic understanding of Collateral, precious metal and fixed income products.

• Be able to demonstrate the mind set and maturity to operate in a fast-paced environment.

• With awareness and appreciation to operations risk and control and exception management.

• With ability to implement initiatives and work as part of a team.

• Strong communication skills with the ability to interact with clients/stakeholders.

• Attention to detail and a hands-on approach to identify opportunities of process improvement.

• Follow formal escalation framework across all aspects of Operations i.e. operational and systemic related risks.

• Strong communication skills with the ability to manage local and international relationships across the organization.

• Timely and proper escalation to management to protect the firm against risk exposure.

• With ability to apply judgment to operational situations in a fast-paced environment to drive progress.

What additional skills will be good to have?     

• 3-5 years of banking experience would be recommended.

• A degree in Business or Finance would be preferred.

• Ability to multi-task and support multiple stakeholders.

• Able to work in a demanding and time sensitive environment.

• Hands on experience of operations processing is an advantage.

• Familiar working knowledge of associated technology.

• The Knowledge of advanced excel and banking systems is a plus.

Please refer the Candidate User Guide in the below link to understand your own journey as a candidate.

https://hsbchrdirect.service-now.com/esc?id=kb_article&table=kb_knowledge&sysparm_article=KB0184596&sys_kb_id=712b5f041b1f82908d3a0fe7ec4bcbd6

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 (Guangdong) Ltd. GSC China***

(* The information contained in this job description is a true and accurate reflection of the job as specified.)