Role Title: Processor Trading Operations

Business: Global Banking and Markets

New or Existing Role: Replacement 

Grade: GCB6

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.

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. 

We are currently seeking an ambitious individual to join our team as Processor Trading Operations, working together with colleagues to define, manage and achieve divisional business targets. 

The primary responsibility of the Debt Securities Operations team is to manage the trade capture, allocation, confirmation, settlement processes and associated risks across a wide number of markets, for both cash bonds and repos. The team also support the settlement of primary issuance for the Debt Capital Markets group. The team is spread across London, Kuala Lumpur and Manila.

In this role, you will:

• Manage the day to day activities of the function across all markets for bonds and repos. This may include activities such as trade capture, front-to-back reconciliations, client allocation and confirmation and communication with settlement teams for pre-matching and fails management, cash and depot reconciliation.
• Ensure adherence to the Debt Security Ops control framework including weekly risk and control reporting, month end Post Trade Control Pack sign off and adherence to the global escalation matrix. Support of the ‘manage by metrics’ culture is essential.
• Provide support and guidance to the Operations Hub teams in KL and Manila and operate a ‘one team’ approach to problem solving and workload balancing.
• Develop strong relationships with external client base and strive to delivery excellent client service at all times to priority clients.
• Contribute to the culture of process improvement through driving projects and enhancements.
• Work closely with the Business, IT, CCO and Finance to minimise operational losses within the DSO function.

Qualifications

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

• Specific experience working in an Investment Bank operational environment.
• Good understanding of the debt securities products including Cash Bond, Repo, Triparty Repo, MTN, CP and Convertibles.
• Knowledge of core bonds ICSD and CSD’s to include but not restricted to, Euroclear, Clearstream, Crest, US, France, Italy and Spain.
• Understanding of general debt securities settlement mechanics.
• Understanding of operational risk and control.
• Strong interpersonal skills and able to develop strong relationships with the business.
• Ability to problem solve, articulate requirements and escalate with minimum input from senior management team.Works closely with peers to proactively resolve issues.
• Ability to drive change and process enhancements.
• Strong teamwork skills – flexible to changing requirements within the team
• Strong written and verbal communication skills

You’ll achieve more when you join HSBC.  

https://www.hsbc.com/careers

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 Hong Kong and Shanghai Banking Corporation Limited.

As a business operating in markets all around the world, we believe diversity brings benefits for our customers, our business and our people. This is why HSBC is committed to being an inclusive employer and encourages applications from all suitably qualified applicants irrespective of ethnicity, religion, age, physical or mental disability/long term health condition, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by local law in the jurisdictions in which we operate. Within the work place you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions. HSBC has in place processes in order to avoid nepotism, which means to avoid creating circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.

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. 

https://www.hsbc.co.uk/1/2/popups/uk-privacy-statement#/overview