Job Description

Job description

Business: MSS Operations

Open positions: Assistant Manager

Role Title: Assistant Manager Operations

Global Career Band: 7

Location (Country / City ): Malaysia / Kuala Lumpur

Recruiter Name: Nana Nasrudin

Why join us?

HSBC provides internal and external clients with a Global Execution and Clearing Service across Listed Derivatives Exchanges and OTC CCP markets. The Clearing function provides a complete support infrastructure for clients to access Listed and OTC Cleared products ranging from supporting daily clearing processes, risk management and control functions through to final contract maturity and settlement. The function is globally integrated with a wide range of functions operating from Hong Kong, London, New York, Paris, Kuala Lumpur and Manila whom the successful candidate will have frequent interaction with.

The Opportunity:

Responsible for managing/supervising post trade support activities such as intersystem break investigation and reconciliation discrepancies

What you\xe2\x80\x99ll do:

• Role holder required to perform processing responsibility such as intersystem break investigation and reconciliation discrepancy queries from other stakeholders.
• Ensure to provide adequate support to minimise risks e.g. Nostro/Stock/inter-system breaks.
• Able to clearly identify control deficiencies and recommend ideas to the deficiencies.
• Assisting supervisors to execute given control gap solutions.
• Support Operation leads or counterparties to resolve break discrepancies.
• Timely escalation when necessary for issues that may cause near misses or financial loss to the bank or that could affect client relationship.

What you will need to succeed in the role:

• University degree is required.
• Experience in Exchange Traded Derivatives and Cleared OTC derivatives is required.
• Possess a strong understanding of the operational processing environment within Clearing Broker for Listed and OTC Cleared Products.
• Has sound understanding and formal qualification of basic Operations Accounting principles.
• Attention to detail and a hands on approach to identify opportunities of process improvement.
• Awareness and appreciation to operations risk and control and exception management.
• Ability to implement initiatives and work as part of a team.
• Follow formal escalation framework across all aspects of Operations, including day to day operational risks and systemic risks.
• Strong communication skills with the ability to manage local and international relationships across the org.

Requirements

What additional skills will be good to have?

• A degree in Business or Finance would be preferred.
• Trade processing of Exchange Traded Derivatives at a broker or Investment Bank.
• Exposure to XTP/R&N\xe2\x80\x99s operating platform or similar product.
• Understanding of Markets Operations is an added advantage.
• Strong understanding of regulatory environment in the Listed Futures & Options and Cleared OTC business.
• Able to work in a demanding and time sensitive environment.
• Hands on experience of operations processing is an advantage.

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) Sdn Bhd

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