Job Description

Job description

Business: Markets & Securities Services

Open positions: 1

Role Title: Assistant Manager / SME

Global Career Band: 7

Location (Country / City ): Malaysia / Kuala Lumpur

Recruiter Name : Nana Nasrudin

Why join us?

\xc2\xb7 Markets and Securities Services is committed to building collaborative teams of creative and talented individuals, and the company welcomes applications of interest from creative and motivated global talent.

\xc2\xb7 Derivatives Services vision is to deliver innovative solutions for our clients, real front to back focus and efficient market leading solutions for today and tomorrow.

The Opportunity:

\xc2\xb7 The role is based within Markets Operations, Derivatives Settlements Services (DSS)

\xc2\xb7 The role of the Settlements Services Supervisor is to ensure timely and accurate settlement of IRD/EQD/FXO/CRD cash flows on behalf of HSBC at team level, including own allocation. This involves conducting pre-settlement checks and affirmation of the cash flows with counterparties, with the intent to identify and resolve any issues that may prevent timely and accurate settlement. The settlements function also serves as a layer of control where booking and static issues such as economics discrepancy, wrong direction, currency, index, notional, counterparty and SSIs are detected, escalated, and resolved effectively

\xc2\xb7 The role of the Post-Settlements Analyst is to ensure timely follow up on failed settlements, reconciliations and investigations on Nostro and Suspense breaks stemming from systemic or economic issues at team level, including own allocation.

\xc2\xb7 This role reports into the Settlements or Post-Settlements Manager, with oversight responsibilities shared by the supervisor.

What you\xe2\x80\x99ll do:

Impact on Business

\xc2\xb7 Affirming cash flows with counterparties, timely escalation, observing the regulations, policies, and procedures

\xc2\xb7 Carrying out control checks throughout the day to ensure team\xe2\x80\x99s KOIs and KRIs are managed.

\xc2\xb7 Proactively escalates issues and problems on a timely manner, manage team\xe2\x80\x99s escalations and follows up to ensure resolution.

Customer Focus

\xc2\xb7 Engaging with internal and external counterparties in a timely manner

Leadership & Teamwork

\xc2\xb7 Supporting and leading in INSPIRE programs, training programs, capacity management initiatives and broader initiatives of the business unit.

Operational Effectiveness & Control

\xc2\xb7 Participating and leading change initiatives, contribute to streamlining of organization, adhering to policies and procedures, and supporting the control initiatives and programs of CCO, Compliance etc.

\xc2\xb7 Publishing and analyzing process and product level KOIs and KRIs

\xc2\xb7 Analyzing issues and indicators through Root Cause Analysis work for effective resolution

Requirements

What you will need to succeed in the role:

The ideal candidate for this role will have:

Knowledge

\xc2\xb7 Financial Markets

\xc2\xb7 Derivatives products (IRD, CRD, EQD, FXO)

\xc2\xb7 Trade Life cycle (booking, resets, fixing advice, settlements, reconciliations, reporting)

\xc2\xb7 Swift messages especially MT103, MT202, MT202C, MT101, MT199 and MT299

\xc2\xb7 Standard Settlement Instruction

\xc2\xb7 Front Office and Back Office systems such as SUMMIT, Sophis, Murex, DTCC, DTP, Global Calypso, Swap ONE, Treats, TLM

\xc2\xb7 ISDA definitions

Experience

\xc2\xb7 Treasury operations

\xc2\xb7 Payments and/or cash management experience

\xc2\xb7 Flexibility and adaptability to high pace industry and operations environment

\xc2\xb7 People management is an added advantage

Qualifications

\xc2\xb7 Business, Management, Finance, Accounting graduates

\xc2\xb7 IT and Science graduates are also welcome

What additional skills will be good to have?

Knowledge/Skills/Experience:

\xc2\xb7 People Management

\xc2\xb7 Project Management

\xc2\xb7 Automation / Robotics

HSBC