Role Title: Common Depository Vault Analyst

Business: Global Banking and Markets (GBM)

New or Existing Role: Existing

Grade: GCB 6

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HSBC Global Banking and Markets is an emerging markets-led, financing-focused business that provides investment and financial solutions. Through our international network, we connect emerging and mature markets, covering key growth areas. We partner with our corporate, government and institutional clients to help them achieve consistent, long-term performance. Our products and services include advisory, financing, prime services, research and analysis, securities services, trading and sales and transaction banking.

Markets Operations is responsible for driving every part of the trade lifecycle post execution. Its global teams manage settlement activity, risk and control, while ensuring the delivery of regulatory compliance and seamless operational client service across 60 countries.

We are currently seeking an ambitious individual to join our team as a Common Depository Vault Analyst working together with colleagues to define, manage and achieve divisional business targets.

Role Purpose

Issuer Services Operations (ISV Ops) is part of the broader Client Operations organisation within GBM. ISV Ops is globally aligned, supporting Issuer Services, Global Business (GB) and Commercial Banking (CMB) lending and bond origination. The function is accountable for Loan Agency Operations, Loan Administration and Corporate Trust Operations functions.

The Common Depository Vault Analyst will be responsible for managing the day to day activities of the Primary Issuances into the ICSDs for those transactions that ISV are appointed as Issuing and Paying Agent. Common Depository Vault Analyst will be responsible for ensuring that as Common Depository we meet our Regulatory requirements for Global Notes and that the ISV Vault is managed in line with these requirements, along with supporting the wider team on our regulatory requirements.

In this role, you will:

• Ensure that for all new issuances into the ICSDs the Global Notes are created and held to meet our regulatory requirements around Common Depository.
• Complete the daily activities around the management of the Common Depository Vault and ensure that the Vault is maintained to a high level of accuracy.
• Be in charge of reviewing processes in order to identify areas of improvements relating to automation and/or streamlining, risk reduction or control enhancements. Along with driving these changes through to the implementation stage.
• Be responsible for completion of daily controls and trackers to ensure all activities are recorded and actions completed.
• Establish and maintain operational relationships with peer group client contacts and London Client Services Manager (CSM) and Team Manager (TM to ensure strong and efficient processes and open, honest dialogue.
• Provide operational support and assistance to the Common Depositary, New Issues, Rate Fix teams in the Global Service Centre in Kolkata.
• Support the Vault Manager in managing any Internal or External Audits and providing the necessary samples requested by stakeholders.

Qualifications

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

• Experience in Corporate Trust is required.
• Prior settlements experience in either ICSDs or settlements.
• Knowledge of capital markets products and processes is desirable.
• Strong communication and client service skills required to build and enhance client relationships.
• Ability to multi-task and manage frequently changing priorities.
• Previous experience around CASS regulatory requirements would be beneficial.
• Ability to work accurately and effectively with minimum supervision.
• Ability to work effectively as part of a team supporting colleagues where required.

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Issued by The Hongkong and Shanghai Banking Corporation Limited.

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