Settlement Officer - HSBC Securities Services

Job description

Some careers have more impact than others.

If you're looking for a career where you can make a real impression, join HSBC and discover how valued you'll be.

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, Securities Services offers a range of fund administration, global custody, sub-custody and clearing, and corporate trust and loan agency services.

We are currently seeking a high caliber professional to join our team as Settlement Officer .

Principal responsibilities

· Perform all operational processing in our internal trade settlement system and other Broker Outsourcing Service supporting system, including Third Party Clearing and Agency Clearing.
· Monitor and facilitate successful trade settlements through all systems and tools available.
· Perform broker back office and middle office functions as mutually agreed with clients, including but not limited to settlement instruction pre-matching, settlement date instruction matching and follow-up with counterparties on settlement instructions.
· Inform clients on settlement status and follow up with clients on problem trade transactions in a timely manner.
· Handling and responding to client inquiries in a timely and professional manner.
· Be the key point of client contact and accountable to help address clients" requests.
· Prepare internal control document and reports.
· Be aware of the operational risk associated with the role and act in a manner that takes account of operational risk considerations.
· Take all possible measures and actions in managing the potential risks that Sub Custody faces.

Desired profile

Requirements

· Significant relevant experience in broker outsourcing is preferable.
· Prior relevant experience in Settlement team in a brokerage firm or brokerage arm of a bank is highly desirable
· Fluency in spoken and written Cantonese and English

The chosen candidate for this role will be required to undergo enhanced vetting. Subject to local laws, this will require the individual to satisfactorily pass a series of additional checks as part of the recruitment process and on an ongoing basis, if appointed to the role. HSBC Group reserves its position with regard to any steps which it may take in relation to any material adverse findings which arise either when the checks are originally completed, and/or if relevant, on an ongoing basis. For more information about the enhanced vetting for this role please contact the recruiter for this role.

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. 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.