Job Description

Job description

Business: Middle Office

Open positions: 1

Role Title: Analyst \xe2\x80\x93 Collateral Management

Global Career Band: GCB 8

Location (Country / City ): Malaysia

Recruiter Name : Nana Nasrudin

The Opportunity:

This role sits in the Collateral Management team within the Middle office function of HSBC Markets & Securities Services. The Collateral Management team is responsible for the credit risk mitigation through the collateralisation of OTC/Repo products by performing full third-party collateral management activities on behalf of our institutional client base. Specifically, the employee will be expected to

\xc2\xb7 Manage client/counterparty set up in line with the ISDA/CSA & monitor data feeds.

\xc2\xb7 Calculate daily exposures & agree on accurate collateral requirements with counterparties.

\xc2\xb7 Disputes management.

\xc2\xb7 Excellent communication skills required for substantial client interaction and to work with internal and external stakeholders to close out any client/counterparty queries.

\xc2\xb7 Follow up on collateral fails/non-receipts, provide daily reporting, meet KPIs and act as a checker for colleagues in respect of all of the above.

\xc2\xb7 Drive process improvement/automation initiatives and contribute towards UAT testing.

\xc2\xb7 Step up and assume necessary responsibilities when required in absence of senior management.

What you\xe2\x80\x99ll do:

\xc2\xb7 Ensure that current procedures and checklists meet the requirements of Audit, FIM, external regulators and Operations Risk and Control.

\xc2\xb7 Ensure daily complex exception reporting is completed within guidelines with any errors promptly rectified to maintain data integrity standards.

\xc2\xb7 Continually reassess the operational risks inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructures, and the impact of new technology.

\xc2\xb7 Liaison with IT department, raising system enhancements and conducting UAT testing where applicable.

\xc2\xb7 Actively look to automate or improve internal processes and seamlessly integrate client change requests in to the BAU.

\xc2\xb7 Accountable for own day-to-day performance and meeting tight intra-day deadlines. Expected to make decisions, resolve queries & escalate where necessary in an accurate and timely manner.

\xc2\xb7 Inbox management, take ownership of tasks/issues and ensure these are all followed through to completion. Avoid errors and where required perform root-cause analysis to avoid reoccurrence.

\xc2\xb7 In the absence of your direct report, be available as first level of escalation and support for queries from internal departments and external contacts as required.

\xc2\xb7 Provide expert advice, guidance, query handling to meet client needs and expectations

\xc2\xb7 Maintain good working relationship with clients, Prime / Clearing brokers and market counterparties.

\xc2\xb7 Ensure prompt resolution of all reconciliation items, providing clear, concise & relevant documentation to support outstanding items.

\xc2\xb7 Ensure timely & accurate processing of daily margin calls whilst simultaneously carrying out disputes management and client reporting in line with the agreed SLA deadlines.

\xc2\xb7 Be relied upon to be able to confidently perform the checker role for other team members and guide/help where necessary.

• Is aware of the Operational Risk scenario associated with the role and acts in a manner that takes account of operational risk considerations.

\xc2\xb7 Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.

\xc2\xb7 Understands, follows, and demonstrates compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which the jobholder is involved, specifically Internal Controls and any Compliance policy including, inter alia, the Group Compliance policy.

Requirements

What you will need to succeed in the role:

\xc2\xb7 Collateral Management knowledge is essential; third-party/Buy-side collateral experience would be a plus.

\xc2\xb7 Solid understanding of OTC Derivatives products gained within the Investment Bank/Fund Services Industry.

\xc2\xb7 A proven record of achievement in supporting tactical and strategic development of banking processes and in effecting change for the benefit of the business.

\xc2\xb7 University Degree is preferred & CISI/IMC qualifications are desirable.

\xc2\xb7 Advanced Excel skills an advantage.

\xc2\xb7 Solution oriented approach with proven ability to work accurately under pressure, multi-task and handle ambiguity.

\xc2\xb7 Strong client service attitude and communication skills for internal / external relations

\xc2\xb7 Excellent attention to detail & Strong analytical skills.

\xc2\xb7 Work ethic is key as market volatility can sometimes mean unpredictable working hours. (Team player)

You\xe2\x80\x99ll 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 (Malaysia) Private LTD***

HSBC