Assistant Manager, Operations

Job description

Job description

Some careers open more doors than others.  

If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. 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.

If you’re looking to unlock new job opportunities, take a look at the possibilities right on your doorstep here at HSBC.

Markets and Securities Services

Securities Services provides robust and reliable solutions that enhance performance and mitigate risk, today and in the future. Working with institutional investors, banks, insurance companies, governments and multinational corporations. Markets and Securities Services offers a range of fund administration, global custody, sub-custody and clearing services.

We are currently seeking an experienced professional to join the Markets and Securities Services

Operations team

Principal Responsibilities:

·  The role is within the Settlements Team that manages the Client Trade Processing and Settlement, Regulatory & Client Reporting and various client queries.
·  The Role requires strong understanding of the Securities markets along with regulatory knowledge of the Securities Market and the relevant risk principles associated with Securities Settlement Transactions.
·  Critical role activities involve knowledge on Client Trade Settlements within stringent deadlines on T date, continuous monitoring of Trades, Regulatory Reporting’s, queries & Operational risk, including its identification, assessment & mitigation control.
·  Maintain excellent rapport with internal teams like Client Services team, Regulatory Reporting team, Compliance team etc. and also external market participants i.e. Stock exchanges/ other custodians/ brokers / registrars and companies

Major Challenges:  

·  Managing services and identifying risk areas within the area of control to meet and beat customer expectations
·  Ensure that the activities are done accurately and before the cut offs.
·  Ensure Staff development and motivation.
·  Anticipating future client requirements and developing the capabilities to meet the same
·  To operate flexible systems 

Role Context:

 

·  The Indian capital market is complex and hence it is extremely challenging to continuously offer superior service and flawless execution to our customer base, which are very demanding large institutional clients.
·  Additionally, the Custody business is extremely competitive where a single client win / loss can result in revenue worth millions of USD getting impacted. The size of transaction intensifies the operational risks and small error can lead to financial and reputation impact. The custodian, including the operations section, is expected to be a partner to the client through the close liaison with CSV.

Requirements

Education Qualifications / Certifications and Requirements :

                  Minimum Graduate

·  A minimum of 1-3 years of relevant work experience
·  Capital Market knowledge is preferred

Useful Link

Link to Careers Site: Click   HERE  

You’ll achieve more when you join HSBC.

HSBC is 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.

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Issued by The Hongkong and Shanghai Banking Corporation Limited, India