Manager Operations

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HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions
We are currently seeking an experienced professional to join our team in the role of Manager Operations
In this role, you will:

• Process settlements and investigations of cash collateral and interest distributions (OTC) and margins, price alignment interests, considerations, fees (Futures)
• Perform investigation of accounting breaks associated to Rolfe & Nolan, PPS, APS, NOSTRO and Control/Suspense accounts.
• Prepare and update management information related to cash breaks
• Experience in intersystem reconciliations, client money and other adhoc reporting
• Prepare or check reports associated to funding requirements
• Enable business objectives by exploring solutions for drivers such as netting, follow-the-sun or scalability
• Troubleshoot and apply experience and knowledge in both listed and OTC derivatives, its market and mechanisms
• Perform various functions using CORE systems such as Treats, TLM, Scannor, CSM among others
• Maintain and develop analytics and relevant MI and discuss with line manager, senior management and CCO
• Ensure documentation of changes in procedures and desk instructions done by team

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

• Candidate to demonstrate high level of diligence, accuracy and awareness of the operational and market control environment.
• The candidate must demonstrate a continual appetite and ability to learn and develop both market knowledge and also personal skills.
• The candidate must demonstrate strong subject matter expertise when contributing to change initiatives.
• The candidate must be equally able to innovate and present ideas for improvement and change as well as accuracy and effectiveness in their day-to-day responsibilities
• Ensure that you have a strong understanding of your role & responsibilities, you are familiar with the procedures, checklists and control and that you proactively manage training through on-the-desk, formal training programs and wider reading & research
• You can demonstrate your commitment to 1:1 meetings, feedback and development and business objectives with your line manager

• Demonstrate examples of active participation in firm-wide training and initiatives
• Demonstrate examples of active participation in department projects, whether during the design phase or the implementation & testing phase

Additional skills:

Strong understanding of:

• futures and options product and market risk

• clients and client processing risk
• HSBC FIM and risk requirements around generic practices
• Exchange rules and regulatory environment across Asia & Europe.
• The HSBC Futures offering and capabilities

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above
Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritised
The chosen candidate for this role will be required to undergo enhanced vetting. Subject to local laws, this will require the individual to satisfactorily pass a series of additional checks as part of the recruitment process and on an ongoing basis, if appointed to the role. HSBC Group reserves its position with regard to any steps which it may take in relation to any material adverse findings which arise either when the checks are originally completed, and/or if relevant, on an ongoing basis. For more information about the enhanced vetting for this role please contact the recruiter for this role
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Issued by HSBC HDPP