TPM Middle Office Operations Specialist

Job description

Job description

If you’re looking for a career where you can make a real impression, join Global Service Center (GSC) HSBC and discover how valued you’ll be. HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

TPM Middle Office Operations Specialist

Objetive

We are seeking a detail-oriented and highly motivated Operations Specialist to join our Equity Operations team.  The ideal candidate will play a critical role in ensuring the seamless processing of US and International equity trades, managing account reconciliations, investigating discrepancies, and maintaining operational efficiency.  This position offers the opportunity to work in a dynamic and fast-paced environment, collaborating with various internal and external stakeholders to support business objectives.

Primary Responsibilities / Essential Functions:

·  Perform daily reconciliation of depot, nostro, suspense, and brokerage accounts to ensure accurate trade settlement.
·  Investigate and resolve breaks or discrepancies promptly, ensuring compliance with internal policies and regulatory standards.
·  Ensuring accurate records and associated reporting for audit purposes.
·  Perform root cause analysis, working with various stakeholders to help drive reduction in exceptions.
·  Escalate unresolved breaks to appropriate stakeholders as needed.
·  Oversee the matching of broker trades to ensure accurate and timely settlement.
·  Monitor and address unmatched trades, working closely with external brokers and clearing houses.
·  Ensure adherence to settlement timelines and industry best practices.
·  Communicate effectively with internal teams, including trading desks, compliance, and risk management.
·  Generate and distribute operational reports, highlighting key metrics and exceptions.

Requirements

Knowledge and Skill Requirements:

·  Experience in the asset class.
·  Detailed understanding of both US and International Equity Markets (such as market risk, sensitivities, liquidity, and FX risk).
·  Knowledge of financial processing systems.
·  Excellent analytical and PC skills, as well as a keen eye for detail.
·  Strong organizational skills with the ability to work under pressure and prioritize effectively.
·  Ability to operate autonomously without direct supervision. Ability to analyze and make decisions quickly in the event of a problem.
·  Seasoned written and verbal communication skills. Ability to interact effectively with senior operational and trading management.
·  Ability to manage a network of diverse stakeholders in person and remotely.
·  Ability to quickly grasp new industry practices and create/document new processes.
·  Proactive thought leadership to identify and deliver process improvements and efficiencies.
·  Minimum of a BA/BS degree in financial or related field, or equivalent experience.

¡You’ll achieve more when you join HSBC!

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritised.

At HSBC we offer our colleagues a greater number of leave days so that they can fully enjoy their wedding, take care of the new member of the family, or grieve the loss of a family member. Our paid leave package is at the forefront in Mexico, now you have one more reason to be HSBC and proudly live a culture of well-being, balance and care.  

HSBC is an equal opportunity employer 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. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.

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.

***Issued By HSBC Electronic Data Process Mexico Private LTD***