Associate Director, Loan and Distribution Settlements

Bengaluru - India

Monthly Salary: Not Disclosed

Posted on: 17 hours ago

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 ofAssociate Director Loan and Distribution Settlements.

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 8-12 years of relevant work experience -2 years in financial services operations (Loan Middle Office Debt Capital Markets or Fund Administration preferred).
Professional Qualification (i.e. CFA/Chartered Banker) is desirable but other tenured experiences will be considered
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 understanding of credit risk concepts and risk & return profitability measures
Strong 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.
Experience and ability to operate in a global setting / interact with Business Partners and Senior Management

Youll achieve more at 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 (India) Private LTD***

Required Experience:

Director

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 w...

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.

We are currently seeking an experienced professional to join our team in the role ofAssociate Director Loan and Distribution Settlements.

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 8-12 years of relevant work experience -2 years in financial services operations (Loan Middle Office Debt Capital Markets or Fund Administration preferred).
Professional Qualification (i.e. CFA/Chartered Banker) is desirable but other tenured experiences will be considered
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 understanding of credit risk concepts and risk & return profitability measures
Strong 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.
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:

Director

Key Skills

Program assessment
FDA Regulations
Manufacturing & Controls
Program Evaluation
budget forecast
Research Experience
Operations Management
Research & Development
Strategic Planning
Contract Management
Leadership Experience
negotiation

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About Company

HSBC

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.

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