Job Advert Details
Business: Business Services
Open Positions:
Role Title: Subject Matter Expert (SME) - Securities Transfers
Global Career Band: 7
Location: Quezon City, Philippines,
Recruiter Name: Veronica Benz Suarez
Why join us?
The Securities Transfers team is responsible for providing accurate, and efficient service to Private Banking Clients, and Relationship Teams. This requires processing of securities transfers instructions, e.g. receive free of payment, deliver free of payment from the clients. It involves coordination with respective counterparties to ensure timely settlement of trades, and any applicable fees for any transfers. All instructions sent to the custodians should confirmed in good order, and SWIFT exceptions queues should be cleared.
As there are numerous investment instruments in the markets worldwide, joining the team will give the candidate exposure to observe and study almost all market rules which are changing from time to time (i.e. the change of regulation of local custodian, the change of market practices, the special arrangement of settlement method of clients and brokers such as request of partial settlement, change of settlement date by broker etc.).
The team also handles settlement process (trade life cycle) from pre-settlement up to reconciliation including cash management (standard instructions funding).
The Opportunity:
The role requirement is to provide subject matter expertise on securities transfers, and settlement for all foreign exchange, money markets, fixed income and derivatives products, monitor failed trades, exceptional and un-reconciled items.
He or she will also need to ensure that the transfers processed are reviewed for their accuracy in a timely manner, and executed within market cut-offs.
What you’ll do:
Principal Accountabilities are as follows:
Impact on the Business
- Assist in supervising the team’s daily operations
- Ensure that daily fail trade matters and unmatched reports are followed through to resolution
- Monitor and follow up on failed trades to achieve high settlement efficiency
- Investigate discrepancies in trade details with traders, relevant operations teams and counterparties to avoid operational loss
- Lead user acceptance tests for new products and system
- Provide back up support for other peers’ groups within Regional Operations Centre
Customers / Stakeholders
- Follow up independently with broker or related parties for amendment or non-receipt of transfer confirmation
- Reply and attend to enquiries/feedback for internal/external client
Leadership & Teamwork
- Perform team assigned work on time and effectively.
- Contribute towards the development and performance of the team.
Operational Effectiveness & Control
- Ensure settlement activities comply with all relevant Bank policies, procedures, GSM, FIM and DIM
信息
What you will need to succeed in the role:
- Able to complete all transfer settlement instructions under tight timeframe in the most effective, and efficient manner
- Sound decision-making which involves checks, and comparisons against laid down standards, or in following procedures that have limited scope for variation. Anything out of the ordinary is referred to higher authority for a decision.
- Demonstrates a thorough understanding of the bank’s products, operations processes, and procedures
- Able to work independently and flexible to meet tight deadline.
What additional skills will be good to have?
- Knowledge /experience in securities and investment industry is preferred
- University graduate/degree holder
- Knowledge of use of Microsoft Excel
- Good numerical abilities
- Good attention to detail
- Good communication skills, both written and spoken
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 (Philippines) Inc. ***
Want To Apply?
- All applicants must have successfully completed their probation period
- All applicants must have met the Behaviour Gateway in the last performance appraisal
- All applicants should have served at least 18 months in their current functional role and department company
- All applicants should inform their respective line manager of their application
- Application form should be submitted via CareerLink along with the current CV
- All the completed applications should be submitted via CareerLink by 11:59 PM on the closing date
- Have not been previously declined for the same post within the last 3 months on the date of submission of their application
- Have not been on ANY form of Corrective Action within the last 6 months from the date of application
Declaring incorrect information in your application (e.g. incorrect performance and behaviour rating; and corrective action status) is considered a SERIOUS OFFENSE based on the HDPP Employee Handbook:
A. Very Serious Offense
"Sec 1. Any acts of dishonesty, which may provide reasonable grounds for the company to lose trust and confidence to the employee, which includes but not limited to the following:
c) Giving false testimony or falsifying any document, records or information or presenting such falsified document, records or information in any study, research inquiry; padding and deliberate overcharging of expenses; tampering with time records; requesting or allowing any individual to log in/out and actually logging in/out any individual.”
招聘人员名称
Veronica Suarez
招聘人员电子邮件
veronica.benz.suarez@hsbc.com.ph