Transaction Management Unit Manager, Commodities and Structured Trade Finance

Job description

Global Vision. Local Focus.
Fixed Term: 1 Year Contract

Things really are different here. A career with HSBC in Canada is truly an experience that few financial service organisations can match. Here you will find yourself inspired and supported by colleagues whose daily responsibilities cross time zones, continents and cultures. You will be motivated to aim for your highest aspirations, and enjoy the rewards of belonging to a diverse and growth-driven culture.

Canada is a priority market for HSBC. We remain focused on growing customers locally with our unique products, and we offer a full suite of solutions developed from our global connectivity and network. HSBC has the institutional strength, capacity and commitment to support our Canadian client's requirements here and around the world. Employees who thrive at HSBC are service focused, entrepreneurial and driven. They show collaborative spirit and a quest for continuous improvement, while having the industry expertise and business acumen to deliver.

About Commercial Banking

HSBC Commercial Banking operates in 54 countries and territories, covering the developed and developing markets that matter most to our customers. Through our teams we connect businesses to opportunities, helping them thrive and grow. We work with a wide range of customers, from small enterprises to mid-market companies and large multinationals, providing them with the tools they need to function efficiently. These include trade and receivables finance, global liquidity and cash management, multi-currency accounts, commercial cards, overdrafts, working capital finance, insurance, term loans and syndicated, leveraged, acquisition and project finance.

A Day in the Life of a TMU Manager includes the following:

To support the relevant Head CSTF TMU in establishing and delivering best practice policies, processes and systems whilst addressing related operational and credit risk; Drive the implementation and effective usage of the Collateral Management System; provide a best in class transaction management experience to the GBM & CMB customers that comprise the CSTF portfolio.

Principle Accountabilities:
· Ensure effective delivery and support for Internal Customers - CSTF BDs, CMB and GB&M
· Timely and efficient delivery for External Customers – related CMB and GB&M clients and new prospects
· Deliver accurate and relevant MI to Stakeholders – GTRF, CMB, GB (REG/RBL/SESG), GM, Group Risk and regional risk functions
· Provide advice and guidance to other members of the TMU and to both internal and external Clients and Stakeholders as and when needed whilst ensuring delivery of objectives
· Drive the testing and implementation of the CMS system.
· Be comfortable and confident to delegate tasks to others, ensuring objectives will be met within a given timeframe.
· Promote an environment that supports diversity and reflects the HSBC brand.
· Identification and development of best practice systems and processes for TMU, ensuring roll-out to designated CSTF sites
· Keep abreast of market developments and share knowledge with network
· Take ownership for a “make it happen” approach
· Work collaboratively to support colleagues by actively consulting and ensuring delivery through delegation, personal action and active follow up where necessary
· Ensure that all employees are aware of and effectively identify and manage applicable money laundering (ML), terrorist financing (TF), sanctions and reputational risks.
· Complete other responsibilities, as assigned.

Desired profile

Qualifications :

Knowledge & Experience / Qualifications:
·  In-depth knowledge of CSTF products ,risk, mitigants ,and customers
·  In-depth knowledge of best practice CSTF operational delivery systems and processes
·  Strong understanding of the marketplace and issues likely to impact on effective delivery and/or risk management, as well as on customer satisfaction and revenues
·  Minimum 3 years in a similar role
HSBC Proud

In 2016, HSBC Bank Canada was named one of the “Best 50 Corporate Citizens” in Canada by Corporate Knights magazine for the fifth consecutive year.

Here are some of the reasons why:
·  Career Development: Within your current role, as well as Canadian and international opportunities
·  Company Reputation: Offering prestige, strength, and longevity
·  Business Growth: Underpinned by our drive, and the highest banking standards
·  International Connectivity: Opportunities to network and build global relationships
·  A diverse workforce: Reflecting our belief that diversity of thought, background and perspective make HSBC a stronger organization
·  Corporate Sustainability: We build our business for the long term by balancing social, environmental and economic considerations in the decisions we make
Learn more about HSBC

HSBC Bank Canada, a subsidiary of HSBC Holdings plc, is the leading international bank in the country. We help companies and individuals across Canada to do business and manage their finances internationally through three global business lines: Commercial Banking, Global Banking and Markets, and Retail Banking and Wealth Management. HSBC Group - one of the world's largest banking and financial services with assets of US $2,492bn at 30 June 2017. Linked by advanced technology, HSBC serves customers worldwide through an international network of around 3,900 offices in 67 countries and territories in Europe, Asia, North and Latin America, and the Middle East and North Africa.