Job description
Some careers have more impact than others.
If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. 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.
Global Markets is part of our HSBC Corporate and Institutional Banking division, a markets-led, financing-focused business that provides investment and financial solutions. Our Markets business is one of the largest of its kind in the world. It combines sophisticated 24-hour global coverage with a detailed knowledge of local markets. Our services are offered both online and offline in 58 countries and territories. We specialise in foreign exchange, credits and rates, structured derivatives, equities and debt, equity and equity-linked capital markets.
We are currently seeking a high caliber professional to join our team as Chief Operating Officer – Asia Pacific – Institutional Sales.
The COO is responsible for running the Institutional Sales in Asia Pacific in an efficient manner whilst also maintaining control of the cost base.
They are required to partner with Products (GFX & Emerging Rates, Equities, Securities Services, Global Debt Markets) and Banking to deliver ad hoc and strategic initiatives for the business across Institutional sectors and asset classes, including supporting the continued growth of our Wealth proposition.
The COO is also working closely with the MSS Non Financial Risk team alongside the whole Institutional Sales business to maintain a strong control environment and client & product suitability ensuring all risks are understood, monitored and reported to manage within appetite.
In addition, the role focuses as well on Sales performance, driving better efficiency and owning the People Experience agenda.
A COO that fulfils this purpose will allow Institutional Sales to deliver first class service and outcomes to our clients’ base.
Role Outcomes
A well understood and clearly defined risk and control framework for the business
Maintaining a strong client suitability and best in class conduct framework
Effective governance structures and processes achieved across the business globally
A capable forward looking COO leadership team with capabilities and experience that transcend the needs of the business
Overall cost control management for Asia pacific
Ability to successfully lead and deliver a diverse set of global strategic initiatives. Often delivering through indirect reports
Oversee front-to-back processes, ensuring continuous improvement, risk mitigation, and service-level excellence
A forward looking strategic agenda that drives and challenges for changes in working practices and supports the development, wellbeing and retention of our staff
Leadership Capabilities
Drives Future Focused Strategy
Sees beyond the ‘day to day’ work; taking a broad strategic view of the business
Demonstrates news ways of thinking to improve performance
Recognised as a change champion; leads others through change with energy and enthusiasm
Identifies opportunities to implement scalable solutions that improve revenue, efficiency and/or client experience
Executes for Results
Not afraid to have difficult conversations to improve efficiency or create growth
Drives quick decisions based on available data and input
Balances Growth & Risk
Critically and logically evaluates the costs, risks and benefits of alternatives before making balanced decisions and/or recommendations
Works collaboratively across functional/business/geographic boundaries, sharing ideas and resources to mutual advantage
Inspires & Role Models
Inspires and motivates others within the business to achieve their goals and objectives
Communicates with impact, clarity and fact
Continually develops their personal capability
Builds Diverse Teams
Maintains a working environment that encourages collaboration & teamwork
Actively develops others
Make conscious decisions around diversity within their team and values inclusion
Technical Capabilities
Market and Securities Services product and Institutional Sales practices
Understanding the wide spectrum of Institutional Clients, their needs and the way they operate
Financial and accounting acumen
Ability to identify, manage and mitigate risk effectively
Excellent leader who exhibits robust judgement, decision making and is resilient to change
Strong problem solving capability, able to multi-task well under pressure and times of ambiguity. Organised with systemic approach to programme execution
Practical experience of major business transformation activities
Requirements
- Proven track record of implementing global change programmes
- Proven ability to articulate complex issues concisely and in clear language.
- Deep understanding of HSBC structures, processes and objectives, especially in the risk environment
- Proven abilities in managing and coordinating globally dispersed teams
- COO or Risk and Control management experience within a markets, treasury or securities services environment would be an advantage
Opening up a world of opportunity
HSBC is 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. 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 The Hongkong and Shanghai Banking Corporation Limited