Portfolio Management Support - Global Private Banking

Job description

The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (2019-nCoV), we're leveraging our digital capabilities to ensure we can continue to recruit top talent at HSBC. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.


Some careers grow faster than others.

If you're looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. 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.

Wealth and Personal Banking is our new global business combining Retail Banking and Wealth Management; and Global Private Banking, to become one of the world's largest global wealth managers with USD1.4 trillion in assets. Across Asia, where wealth pools are growing faster than in any other region, HSBC's wealth revenues grew 12% in 2019 (year-on-year) to USD5.7 billion. Our dedicated colleagues serve millions of customers worldwide across the entire spectrum of private wealth, ranging from personal banking individuals and families, through to business owners, investors and ultra-high-net-worth individuals. We provide products and services such as bank accounts, credit cards, personal loans and mortgages, as well as asset management, insurance, wealth management and private banking, that best suit our customers' needs.

We are currently seeking a high calibre professional to join our team as a Portfolio Management Support.

Principal Responsibilities

· Take action on Portfolio Managers' instructions on trades and fund transfers and prepare orders files for all products
· Build in and maintain an Excel or Macro as an order planning tool in both equity, Excel or Macro Spreadsheet and bond, Bond Matrix
· Responsible for pre trade control regarding available cash and holding positions
· Ensure that there is no short selling, available cash is sufficient before placing the orders, clients special guidelines are not breached and the orders are in full compliance with internal and external requirements
· Meet dealing cut off times for various markets
· Arrange Foreign Exchange to fulfill trade settlements before value date according to different requirements in different markets
· Inform and update portfolio managers about all incoming and outgoing funds
· Liaise with portfolio managers for the acceptance of securities regarding securities transfers to new accounts and liquidating accounts
· Order inputs with allotments on the system
· Work with Relationship Managers and Portfolio Managers for partial or full redemptions
· Upload or place internal cross trades on the system and to confirm settlement date with settlement team
· Liaise with portfolio managers for corporate action events which investment decision is required
· Notify the Relationship Managers for other type of events when necessary
· Coordinate programs rebalancing
· Work with Information Technology team for system enhancements

Desired profile

Qualifications :

Requirements

·  University degree in business or equivalent
·  Experiences in securities settlement or dealing preferred
·  Strong Excel skills including Macro and attention to details
·  Team player
·  Fluent in English and Cantonese. Fluency in Mandarin will be an added advantage

To be considered for this role, the relevant rights to work in Hong Kong is required.




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Issued by The Hongkong and Shanghai Banking Corporation Limited.