Clearing Services Operations Global Data Services Group

Kuala Lumpur, Malaysia

Job Description

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"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 Manager.
Why Join us: The role will provide the successful candidate with a high exposure to the reference data and systems configuration for both asset classes within the Clearing Services domain \xe2\x80\x93 Exchange Traded Derivatives (ETD) and Over The Counter Traded instruments (OTC) This is an excellent opportunity for a highly motivated and experienced candidate to join a complex function, providing a broad range of data management services to a wide ranging group of internal and external stakeholders. The successful candidate will require an extensive skill set encompassing product, systems knowledge and operational risk HSBC provides internal and external clients with Global Execution and Clearing Service across Listed Derivatives Exchanges and OTC CCP markets. The Clearing function provides a complete support structure for internal and external clients to access Listed and OTC Cleared products ranging from supporting daily clearing processes, risk management and control functions through to final contract maturity. The function is globally integrated with Operational functions operating from London, New York, Hong Kong, Kuala Lumpur and Manila who the successful candidate will have frequent interaction with.
The Opportunity: The broad function of Data Services comprises: The Global Data team is responsible for the Global management of Client and Product data for both Listed Derivatives and OTC Cleared, within the core Global systems of Ransys/XTP and Clearing Calypso as well as other subsidiary applications. This is a high profile role with considerable interaction across the global business, operations and change and technology teams and will require the candidate to have the following attributes.
  • Ability to manage a diverse book of work from multiple stakeholders and locations
  • Strong controls awareness and ability to escalate
  • Strong communication skills
  • Ability to work in a team, manage multiple requests and prioritise accordingly
  • Ability to balance RTB responsibilities with involvement & contributions towards key strategic, tactical & mandatory initiatives
  • Industry experience of ETD and/or OTC product, processes and regulatory knowledge is preferred
  • Experience of using any of the industry wide vendor based systems is preferred

What You\xe2\x80\x99ll do: The Data Service team and this role specifically are responsible for:
  • Execution & verification of set up of new Client On-boarding data in core and subsidiary systems
  • Execution & verification of instrument Data set up and related system configuration globally
  • Execution & verification of Commission, Fee set up and management for all regions
  • Understanding and executing position and transaction reporting requirements of Regulators and Exchanges and applying in data set up and related system configuration and issue resolution
  • Execution & verification of the maintenance of Client Post Trade portals \xe2\x80\x93 user enablement and permissions &client information distribution configuration
  • Execution & verification of the maintenance of risk based data \xe2\x80\x93 such as margin, pricing data and interest
  • Execution & verification of the general configuration and data mapping to facilitate trade and processing flows in core systems
  • Delivering best practice and standardised flows to key stakeholders and users of the functions managed within the team.
  • The role will report up to the AVP, Data Services Group, Clearing GSC
  • Ownership, delivery and Input in to Change management programme
  • To work effectively within the Data Service team at a technical specialist level

Requirements
What you will need to succeed in the role:
  • Knowledge / exposure to reference data input / set up and processes and requirements across Client and Product data, ideally for Listed Derivative and OTC Cleared products or other Asset classes
  • Strong understanding of regulatory considerations within the data configuration processes (e.g FCA Transaction reporting. EMIR Trade Reporting.)
  • Ability to take data and information from multiple teams / sources in multiple formats and apply these requirements into numerous reference data systems
  • Proven skills in managing stakeholders \xe2\x80\x93 proven capabilities in prioritising workload, communicating progress and ensuring stakeholders are fully updated throughout the processing lifecycle as well as managing expectations relating to delivery
  • Proven capabilities in working with a functionally and geographically diverse operating model
  • Ideally candidate will have knowledge of Rolf & Nolan and Calypso or comparable industry platforms.
  • Strong risk and control mindset \xe2\x80\x93 has proven capabilities in recognising processing risks potentially impacting regulatory, compliance, p&l or client / reputation and ensuring appropriate controls / risk mitigation is in place. Understands and uses appropriate escalation processes
  • Strong organisation skills \xe2\x80\x93 capable of managing multiple streams of work of varying complexity and urgency.
  • Continuous process improvement mindset \xe2\x80\x93 has proven capabilities in assessing processes and where appropriate optimising them without compromising the control environment. Capable of introducing processes that can be utilised by the team and without introducing key person dependencies

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***

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Job Detail

  • Job Id
    JD919201
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Kuala Lumpur, Malaysia
  • Education
    Not mentioned