Assistant Manager Operations

Cyberjaya, Selangor, Malaysia

Job Description


Job description

"The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (2019-nCoV), we\xe2\x80\x99re leveraging our digital capabilities to ensure we can continue to recruit top talent at the HSBC Group. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have."

Some careers shine brighter than others.

If you\xe2\x80\x99re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 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 Assistant Manager.

Why join us?

The successful candidate will be responsible for completing BAU process of Tax Operation for Mandatory Corporate Actions events for both proprietary and SED businesses across entities. The role occupant is also responsible for processing the day to day events, ensuring controls are adhered to, and client queries are turned around quick.

What you\xe2\x80\x99ll do:

  • Deal with the specific requirements for the various markets assigned and to look into effective ways to standardize certain practices across markets.
  • Keep abreast with the latest development in the rules and regulations by the regulators of the various markets and to identify the implications to the business
  • Drive customer centric Quality initiatives.
  • Effectively mitigate identified Operational Risks.
  • Comply with Group\xe2\x80\x99s statutory audit standards.
  • Attention to detail during every aspect of the event lifecycle is key. The department can become very busy during the peak times of the year and the ability to multi task is very important.
  • Hands on experience in Tax process for Mandatory Corporate Action within Global markets is a must
  • It would be beneficial for the candidate to have a wide knowledge of all aspects of Mandatory CA overall operational knowledge also.
  • Need to review the Service Level Definition regularly to ensure procedures are in accordance to SLD and market regulations.
  • Able to provide processing cover to other processes whenever required
  • Willing to work in any assigned working hours in accordance to business requirements
  • The role holder will need to maintain a strong working relationship with onshore partners.
  • The ability to think clearly and logically in a busy and deadline orientated environment is required in order to mitigate mistakes happening and losses being incurred. The candidate will need to work efficiently to prioritize work in order to manage financial, operational and reputational risk.
  • The candidate will also be required to be a strong and clear communicator on email, and also the telephone and in person. The ability to liaise with internal and external customers of varying levels is important in the Asset Services environment.
  • The candidate should have a proven track record from previous employment.
  • The candidate will be required to understand the risks associated with the corporate actions environment and contribute to the SOX requirements of the department. They must also ensure that the FIM requirements of HSBC are adhered to on a daily basis.
  • The role is regulated by the FCA and PRA.
  • The jobholder will also adhere to and be able to demonstrate adherence to internal controls. This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators.
  • The jobholder will implement the Group compliance policy by containing compliance risk in liaison with Global Head of Compliance, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer. The term \xe2\x80\x98compliance\xe2\x80\x99 embraces all relevant financial services laws, rules and codes with which the business has to comply.
  • This will be achieved by adhering to all relevant processes/procedures and by liaising with Compliance department about new business initiatives at the earliest opportunity. Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimising relations with regulators.
  • FCA and PRA rules will need to be adhered to.
  • The roles of the corporate actions processors are ever evolving with market changes and growth playing a big part in how the business is controlled and takes shape. HSBC GBM has a lot of equity finance borrow and loan positions as its main business driver, along with increasing activity from all other areas of the business including the Emerging Market business.
Requirements

What you will need to succeed in the role:
  • A post-graduate diploma or degree in any discipline and equivalent practical experience / maturity.
  • Extensive experience in Global Market Operations, majorly in Tax processing on various markets especially UK, Europe and Asia
  • Knowledge of TLM/ASPA/GPS/SYN/Easyway/Merit systems will be an added advantage
  • Specific market knowledge of the role advertised is beneficial
  • Strong understanding of risk and risk management in Tax Processing within Market Ops
  • Excellent knowledge of Mandatory CA event types, market understanding of Tax practices/rates, Reclaims, FATCA and 871M will be an added advantage
  • Practical and working knowledge of operations functions is preferred.
  • Attention to detail along with speed and accuracy are important, along with the ability to work in a team.
  • Ability to speak and understand English fluently, write business letters and reports, and have good conversational / telephone skills.
  • Ability to learn quickly, transfer knowledge appropriately, understand and interpret numeric data. Evidence of good analytical, statistical and data mining skills to study trends and make projections. Production management skills and ability to initiate process improvements.
  • Evidence of good analytical, statistical and data mining skills to study trends and make projections.
  • Production management skills and ability to initiate process improvements.
  • Attention to detail and accuracy.
  • Customer focused and committed to providing a high quality service.
  • Able to work in pressurized environment and manage priorities effectively.
  • Strong collaborative management skills with the various stakeholders
  • Problem solving skills and ability to drive process improvements
  • High integrity and professionalism
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.

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.\xe2\x80\x9d

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) Sdn Bhd***

HSBC

Beware of fraud agents! do not pay money to get a job

MNCJobz.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Related Jobs

Job Detail

  • Job Id
    JD926965
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Cyberjaya, Selangor, Malaysia
  • Education
    Not mentioned