HSBC Group

If you are a UK or CIIOM based employee, please apply using the following link which will take you to our new Recruitment System: https://performancemanager.successfactors.eu/sf/jobreqpvt?jobId=8511&company=hsbcholdin&st=6A277AEB805602685BBDCC53EC037629B2BA57D8

If you’re looking to take an exciting new direction with your HSBC career, an internal move can open the door to many opportunities, allowing you to take on a new challenge, and develop your skills. Bring your knowledge of our brand to a new role and grow yourself further.

We are currently seeking a professional to join our team in the role of: Collateral Services Associate.

The scope of the existing Collateral Service group has expanded globally into an enterprise model encompassing all aspects of collateral. The Collateral team is responsible for direct interaction with clients in regard to the issuance, receipt and settlement of all margin related activity for OTC derivatives, REPO and Prime Brokerage, while maintaining a high standard of client service at all times.

The candidate will work within a senior team of 5 in London, in partnership with a wider team located in our Global Service Centres in Manila and Kuala Lumpur. The candidate should have strong Operational risk and client management experience.

A move across the business allows you to continue to access tailored professional development opportunities, and our fantastic benefits packages.

In this role you will:

•    Be accountable for the support of Equity Prime clients, FX Prime clients, OTC and REPO clients and be responsible for the accuracy and integrity of margin calls, interaction with internal stakeholders, ensuring credit and market risk is effectively mitigated, whilst providing a maximum level of client service.
•    Escalate all disputes and default situations through the appropriate reporting lines whilst developing key relationships with other support functions as well as Front Office teams across HSBC.
•    Expedite resolution of all disputes with counterparts, investigating haircuts and MTM differences in an efficient manner and produce monthly MI using internal systems and basic excel.
•    Review client queries and respond in a timely manner and ensure procedures are maintained and appropriate controls are  followed to eliminate operational and counterparty credit risk
•    Attend client reviews and meetings as required

To be successful in this role you should meet the following requirements:

•    Proven background in Investment Banking / Financial Services environment with experience in Collateral Management being essential
•    Excellent knowledge of OTC derivative products, Equities, FX and Bonds coupled with very strong client service skills is paramount
•    Previous exposure to working in a supervisory capacity and/or having oversight for BAU processes
•    Articulate with excellent problem solving and analytical skills and the ability to work independently and as part of a team to manage multiple tasks in a high-pressure environment
•    Excellent communication skills, both verbal and written, with the ability to manage senior stakeholder relationships across the business and externally

This role is based in London.

Continue to grow with our internal opportunities.

To support you with putting your best foot forward for our internal opportunities, you are invited to take advantage of our CV and Interview workshops, hosted  by our Talent Acquisition team. To find out more and register to attend please copy and paste this link into your browser - https://performancemanager.successfactors.eu/sf/learning?destUrl=https%3a%2f%2fhsbcbank%2eplateau%2ecom%2flearning%2fuser%2fdeeplink%5fredirect%2ejsp%3flinkId%3dITEM%5fDETAILS%26componentID%3dLDXX1066V%2d000%2dENGBR%26componentTypeID%3dVILT%26revisionDate%3d1692279360000%26fromSF%3dY&company=hsbcholdin

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone -  no matter their gender, ethnicity, disability, religion, sexual orientation, or age.

We take pride in being part of the Disability Confident Scheme. This helps make sure you can be interviewed fairly if you have a disability, long term health condition, or are neurodiverse.

If you’d like to apply for one of our roles and need adjustments made, please get in touch with our Recruitment Helpdesk:

Email: hsbc.recruitment@hsbc.com
Telephone: +44 207 832 8500.

You can find out more about the recruitment journey and what to expect by viewing our Recruitment Process FAQs in HR Direct and by clicking here (only available via internal access).