AVP, Cross Product Services, Markets Operations
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Job Location:
Monthly Salary:
Posted on:
19 hours ago
Vacancies:
1 Vacancy
Job Summary
Department Profile:
This team is the backbone of our Global Markets business (one of the largest of its kind in the world) and combines sophisticated 24-hour global coverage with a detailed knowledge of local markets and specialises in foreign exchange credits and rates structured derivatives equities and debt equity and equity-linked capital markets.
Markets Operations is responsible for driving every part of the trade lifecycle post-execution. This team manages settlement activity risk and control adherence to regulatory compliance and seamless operational client service across 58 countries and territories.
Role Purpose:
The role requires working closely with management and key stakeholders around the firm to develop short medium and long-term goals for managing operation risk. Overall high level summary is:
- Reconciliation Custody Position and Margin deposit with exchange
- Static Data Maintenance I-star / Treats / contact list / hsbcnet / Tool SSI
- Cash Segregation
- Create and Submit Regulatory Reporting
- Audit Report / Balance Confirmation
- Prepare Board Meeting Data / ORR
- Notification of Signer change to regulator Nostro bank etc.
- Key Risk Indicator control
- Trust bank CLS account maintenance and SSI set up
- Respond query from internal / external e.g. tax office
- Update HRR date
- Balance substantiation
Principal Accountabilities:
Impact on the Business
- Mitigate day-to-day operational risk for Japan Markets & Securities Services Operations.
- Enhance and assist with the development of BAU procedures and processes required to provide clients with a smooth and efficient operational experience.
Customers / Stakeholders
- Japan MSS Front Office
- Japan MSS Customers
- Japan Local Legal and Compliance
- Japan FIG/RM
Leadership & Teamwork
- Be a team player. Work well within team environment across business units and locations
Operational Effectiveness & Control
- Effectively manage operational risk associated with role
- Focusing on mitigating regulatory and operational risk
- Highlight operational inefficiencies and look at ways to close loopholes and improves procedures.
Experience Skills and Qualifications:
- 5 years within an investment banking organization
- Successful at working with management and senior stakeholders at different levels
- Native level Japanese language capability
- Business level English language capability
Key Skills
- Presentation Skills
- Risk Management
- Financial Services
- IFRS
- Banking
- Pricing
- Analysis Skills
- Securities Law
- Investment Banking
- Relationship Management
- Strategic Planning
- Leadership Experience
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.
