Manager of NY Foreign Exchange Operations

Job description

Job description

Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.

In this role you will be responsible for the delivery, through management oversight, of daily operations for FX cash confirmations, settlements and related functions. Also you will work closely with the Americas Head of FX Operations and the regional heads of FX cash operations to ensure consistent services are provided to support the FX business.

As our Manager of NY FX Operations you will:

·  Provide oversight of the onshore and offshore confirmation and settlement teams to ensure timely delivery and receipt of confirmations and receipt and delivery of payments
·  Delivery of high value priority client service to meet client expectations and foster strong business relationships
·  Provide the FX business and external clients with a single point of contact for escalation and direction on industry initiatives
·  Control settlement risk and lead the first line of defense for AML and financial crime identification through oversight of the payment verification staff
·  Responsible for global connectivity and communication with affiliate managers to ensure consistency and alignment to target operating models within operations and to ensure proper communication of key strategies and ad hoc relevant information

For this role, HSBC targets a pay range between $128,100 and $192,200.

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.

Requirements

You´ll likely have the following qualifications to succeed in this role:

·  Ability to plan strategically and provide team members with clear, concise and appropriate direction
·  Ability to quickly analyze and make decisions in the event of a problem
·  Extensive knowledge of financial processing systems and FX accounting
·  Understanding of the “Best Practices” and back to front trade flow to manage Operational Risk
·  Minimum of a BA/BS degree in financial or related field
·  Series 99 (or an equivalent license, e.g. Series 7)
·  Ability to manage and get results from a team of direct and indirect reports

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the U.S. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.