Job Description
Business: Markets & Securities Services
Open positions:1
Role Title: GLOBAL SUPPORT EXECUTIVE
Global Career Band: 8
Location (Country / City ): India/Bangalore
Recruiter Name : Archana Sharma
Why join us?
• Markets and Securities Services is committed to building collaborative teams of creative and talented individuals, and the company welcomes applications of interest from creative and motivated global talent
• Derivatives Services vision is to deliver innovative solutions for our clients, real front to back focus and efficient market leading solutions for today and tomorrow
The Opportunity:
• The role is based within Markets Operations, Derivatives Settlements Services (DSS)
• The role of the Settlements Services Supervisor is to ensure timely and accurate settlement of IRD/EQD/FXO/CRD cash flows on behalf of HSBC at team level, including own allocation. This involves conducting pre-settlement checks and affirmation of the cash flows with counterparties, with the intent to identify and resolve any issues that may prevent timely and accurate settlement. The settlements function also serves as a layer of control where booking and static issues such as economics discrepancy, wrong direction, currency, index, notional, counterparty and SSIs are detected, escalated, and resolved effectively
• The role of the Post-Settlements Analyst is to ensure timely follow up on failed settlements, reconciliations and investigations on Nostro and Suspense breaks stemming from systemic or economic issues at team level, including own allocation
• This role reports into the Settlements or Post-Settlements Manager, with oversight responsibilities shared by the supervisor
What you’ll do:
Impact on Business
• Affirming cash flows with counterparties, timely escalation, observing the regulations, policies and procedures
• Carrying out control checks throughout the day to ensure team’s KOIs and KRIs are managed
• Proactively escalates issues and problems on a timely manner, manage team’s escalations and follows up to ensure resolution
Customer Focus
• Engaging with internal and external counterparties in a timely manner
Leadership & Teamwork
• Supporting and leading in INSPIRE programs, training programs, capacity management initiatives and broader initiatives of the business unit
Operational Effectiveness & Control
• Participating and leading change initiatives, contribute to streamlining of organization, adhering to policies and procedures and supporting the control initiatives and programs of CCO, Compliance etc.
• Publishing and analyzing process and product level KOIs and KRIs
• Analyzing issues and indicators through Root Cause Analysis work for effective resolution
Requirements
What you will need to succeed in the role:
The ideal candidate for this role will have:
Knowledge
• Financial Markets
• Derivatives products (IRD, CRD, EQD, FXO)
• Trade Life cycle (booking, resets, fixing advices, settlements, reconciliations, reporting)
• Swift messages especially MT103, MT202, MT202C, MT101, MT1++ and MT2++
• Standard Settlement Instruction
• Front Office and Back Office systems such as SUMMIT, Sophis, Murex, DTCC, DTP, Global Calypso, Swap ONE, Treats, TLM
• ISDA definitions
Experience
• Treasury operations
• Payments and/or cash management experience
• Flexibility and adaptability to high pace industry and operations environment
• People management is an added advantage
Qualifications
• Business, Management, Finance, Accounting graduates
• IT and Science graduates are also welcome
What additional skills will be good to have?
• People Management
• Project Management
• Automation / Robotics
You’ll achieve more at HSBC
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, ****** 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 Processing (India) Private LTD
💡 Quick Summary
Seeking a career-building opportunity? The GLOBAL SUPPORT EXECUTIVE position is now open for candidates interested in the Bank Jobs sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
