Treasury Processing Manager

Job description

Job Title - Treasury Processing Manager

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If you're looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. 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.

Divisional

HSBC Global Banking and Markets is an emerging markets-led, financing-focused business that provides investment and financial solutions. Through our international network, we connect emerging and mature markets, covering key growth areas. We partner with our corporate, government and institutional clients to help them achieve consistent, long-term performance. Our products and services include advisory, financing, prime services, research and analysis, securities services, trading and sales and transaction banking.

Principal Responsibilities

Accurate and timely processing of all Fixed Income and Money Market deals done by Front office within appropriate cut off times.

Ensure regulatory compliance for the trades done for the desk

Ensure timely and accurate processing of deals with adequate control

Ensure reconciliation of deals between the treasury system and regulatory system like OM, CALL etc,

Ensure timely dispatch of confirmations for required trades

Ensure timely payment of TDS and nil errors/ delays in the same.

Ensure timely and accurate updating of blotters for coupon and maturity deals

Ensure monitoring of Short Sale to ensure compliance to regulatory conditions and reporting

Ensure accurate reporting of all regulatory requirement – Minimum bidding commitment for Underwriting/T-Bill and Gsec auctions

Monitoring success ratio

Complying with other regulatory requirement of a Bank PD/ Bank

There should be NIL instances of any regulatory default pertaining to this desk – NIL SGL bouncing, NIL errors on underwriting/bidding commitments or success ratio calculations

Awareness of regulatory and market frame works.

Learning and adhering to the banks internal control framework FIM.

Eye for details and escalation of risk whenever required.

Ensuring timely and accurate MIS / reporting to all departments – Finance, Front office, HSS etc

Ensure smooth rollout of any new product/ process and taking ownership

Being fungible and backing up team whenever so required by the team.

Working independently and in partnership with change team for championing change, rollout of products, efficiency initiatives

Desired profile

Qualifications :

QUALIFICATIONS

Degree holder with two to five years of relevant experience

Eligibility Criteria



Any other additional Information:

Major challenge for this desk is to maintain a high level of accuracy while adhering to extremely demanding time constraints. Jobholder should strive to adhere/build robust controls to mitigate such defaults/ risks.

Jobholder needs to ensure that effective checks and balances are in place and timely and accurate information is submitted.

Being dependable and open to new ideas is core to HSBC values, and job holder is supposed to be dependable for the assigned role and being open to new challenges.

The jobholder is guided by the Global Banking & Markets FIM, RBI's Exchange Control manual and various guidelines issued from time to time, FEMA, FEDAI & FIMMDA guidelines, Internal Control guidelines and market best practices.

Though a moderately large part of the job is guided by precedence, there are numerous instances when the jobholder needs to take decisions without precedent. There is an increasing incidence of new products/new processes which are not guided by precedent

The jobholder needs to regularly interact with the front office and departments within the bank like the Front office, Custody, Legal and Compliance and externally with the Reserve Bank of India, CCIL and other market participants.

You'll achieve more when you join HSBC.

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“Please note that this role will also be referred to internally as [insert internal job title]”