Assistant Vice President Operations
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Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Some careers have more impact than others.
If youre looking for a career where you can make a real impression join HSBC and discover how valued youll be.
HSBC is one of the largest banking and financial services organisations in the world with operations in 62 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 Vice President - Operations.
In this role you will:
- Coordinate the closing process for par and distressed loan trades ensuring all documentation (Transfer Deeds Assignment Agreements) is executed accurately.
- Liaise with MSS and external dealers closing teams internal legal counsel counterparties and agent banks to resolve settlement hurdles.
- Update and maintain the trade blotter to reflect real-time positions and trade statuses.
- Monitor Know Your Customer (KYC) requirements for new counterparties and orchestrate the onboarding process when required.
- Manage the digital filing system for all credit agreements and transactional documents.
- Generate weekly reports on unsettled trades cash positions and portfolio performance.
- Identify and escalate breaks in reconciliation between internal records and agent bank notices.
- Assist in the preparation of month-end valuation reports and regulatory filings.
To be successful you will:
- Must have work experience in financial services operations (Loan Middle Office Debt Capital Markets or Fund Administration preferred).
- MBA in Finance from a reputed institute preferred.
- Proficiency in MS Excel is mandatory. Experience with loan platforms like ClearPar IHS Markit or Loan IQ is a significant advantage.
- Understanding of Basel norms/Risk Weighted Assets is highly desirable.
- Strong ability to reconcile complex data sets and identify discrepancies.
- Good understanding of credit risk concepts and risk & return profitability measures.
- Good understanding of corporate finance banking and associated Bank book products & trading-book products.
- Proven track record of meeting tight deadlines in a high-pressure environment.
- Excellent communications written and verbal and interpersonal/team skills.
- Experience and ability to operate in a global setting/interact with Business Partners .and Senior Management
Youll achieve more at HSBC
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 (India) Private LTD***
Required Experience:
Exec
Key Skills
- Economics
- Internal Audit
- SQL
- Risk Management
- Compliance
- Leadership skills
- Oversight
- Business partner
- AVP
- Requlatory agencies
- Finance
- Accounting
- Potifolio
- Project Management
- Operational Risk
About Company
HSBC Holdings plc is a British multinational investment bank and financial services holding company. It was the 7th largest bank in the world by 2018, and the largest in Europe, with total assets of US$2.558 trillion.
