HSBC Group

Why join us?

If you’re looking for further opportunities to develop your career, take the next step in fulfilling your potential right here at HSBC. Derivatives Operations is integral to HSBC’s purpose and strategy, playing a valued role in Rates & Credit Derivatives trading life cycle management. We are currently seeking a high calibre professional to join our team as Assistant Vice President – Trade and Position Management Specialist (Individual Contributor).

The Opportunity:

What you’ll do:

• Provide front to back advisory and solution, bridging Confirmation and Settlement teams, from the lens of Trade Processing Management for Interest Rates & Credit Derivatives trades across London, UK and other HSBC Hubs (Hong Kong, Paris, New York) as per existing service agreements.
• Act as a point of escalation for operational issues within the front to back construct impacting Confirmation and Settlement, and be able to communicate, address, and resolve issues with the relevant areas in a timely manner.
• Ensure the escalation of all problems/risk issues within their area to the respective stakeholders and the appropriate levels of management in a timely manner.
• Liaise with downstream stakeholders to review, agreed and resolve new booking models and the agreement to the roles and responsibility expected.
• Build robust succession planning and ensure the absence of key person dependencies.
• Ensure effective management of risk and controls in line with the Risk Management Control Framework with the ability to chair and prepare data for management control meetings.
• Promote and display risk culture in terms of behavior, ownership, leadership and awareness plus cultivate a supportive environment towards achieving risk objectives.
• Manage ad-hoc issues and projects with the ability to adapt, collaborate and think out of the box for solutions.
• Setup governance between trade life cycle operations teams, ensuring only appropriate information get communicated downstream.  
• Understands, follows and demonstrates compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which the jobholder is involved, specifically Internal Controls and any Compliance policy including, inter alia, the Group Compliance policy.
• Ensure adherence to the Group Privacy, Control and Compliance Policies, applicable to their role.
• Adhere to the group requirement that each employee is aware of the Operational Risk scenarios associated with their role and to ensure that all actions during their employment with HSBC take account of the likelihood of operational risk occurring.

What you will need to succeed in the role:

• A minimum of a bachelor degree.
• A minimum of 5 years working experience in an Investment Banking or Wholesale Banking environment with exposure in any areas within the trade life cycle/front to back process.
• It requires someone with an exceptional attention to detail, highly energetic, excellent communication skills and who can prioritize and think creatively to resolve issues quickly for the business.
• The role requires someone who has a detailed understanding of how an Investment Bank works (i.e. roles and responsibilities of each function) and how the different departments are engaged in the trade life cycle and the end-to-end processes. Experience in reviewing and breaking down a New Product Sign Off document and ask is an added advantage.
• Strong resilience and aptitude in managing internal and external stakeholders, and counterparts across KL, London, America, France, Hong Kong and APAC countries are preferred.
• Evidence of Thought Leadership within an operational supervisory environment for global market with the ability to apply critical thinking in working group, in crisis and in day-to-day problem solving is a necessity.
• Assertive with strong influencing skills to be able to work with the industry, global Operations, IT, Trading and Sales effectively.
• Strong understanding of operational risk, procedures and controls as well as of front to back trade lifecycle.
• Able to perform well in a fast pace and high-pressure environment against tight timelines.
• Excellent planning, time management and organizational skills.
• Strong culture of ethics and integrity.
• Ability to learn quickly and able to drive ad-hoc issues or projects that comes in the trade life cycle.
• Ability to speak and understand English fluently with exceptional business communication skills.
• Ability to work on a flexible shift and on Malaysian public holiday.

What additional skills will be good to have?

• Excellent interpersonal skills in communication with diverse groups internally and externally.
• Strong analytical and problem-solving skills.
• Rigorous approach to controls and the minimization of operational risk.
• Partnership skills are essential as there will be working with other members of the team.
• Flexible, with the ability to resolve issues under tight deadlines.
• Knowledge of MS Office coupled with good numerical and analytical skills – be able to understand, analyse, and communicate data in a concise, logical and visually stimulating form.
• Strong collaboration mindset, with the ability to bring multiple parties together to discuss and negotiate for a balance solution.
• Strong negotiation skill to drive a win-win solution across.