Processor Trading Operations

Job description
Some careers open more doors than others.
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.

We are currently seeking an experienced professional to join the Global Markets, Mumbai, India team.

Job Introduction

To ensure timely and accurate processing of all interbank and corporate FX deals done by Global Markets, India including regulatory and FIM compliance

Principal Responsibilities

Accurate and timely processing of all Interbank FX deals done by Front office within appropriate cut off times.
Accurate and timely reporting of trades to Trade repository
Monitoring of Trade Matching Platforms
Accurate processing of all Corporate FX deals done by Front office
Ensure all confirmations and payments are sent in time
Ensure compliance with all regulatory and internal control requirements
To provide internal customers with the highest level of service through understanding customer needs and establishing good relationships, with improvement from benchmark by year end
Support new Treasury business initiatives
Maintain a high level of control over correspondence both internal and external
Contribute to sustaining team morale and motivation within the department
Ensure atmosphere of the team is maintained with open communication amongst the team and with managers
Provide suggestions and assist in streamlining processes and work flows in TRS with a view to reducing manual effort and achieving higher efficiency/accuracy and cost savings
Ensure strict cost control discipline
Role Requirements / Education Qualifications / Certifications / Experience :

HSBC Treasury has to operate in an environment which is highly controlled and regulated through numerous laws and regulations. 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.

Any discrepancy on this desk may directly result into regulatory default or non-compliance, major challenge for this desk is to maintain a high level of accuracy while adhering to extremely demanding time constraints. Jobholder should strive to build robust intraday 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.

The thinking challenge in the job is to suggest ways to streamline workflows to cut processing time without compromising on controls. To ensure that electronic settlement mechanisms are implemented without any compromise on controls.

Requirements
Minimum Graduation or as required for the role, whichever is higher
Additional Information

Mandatory to successfully complete Anti-Money Laundering and Sanctions training and post-course assessment, as required.
As per the RBI mandated Capacity Building Certification Requirement for Bank, this role requires the candidate to have the required certification / equivalent qualification before the selection for the above role. Refer to RBI Mandated Capacity Building Policy on HR Direct.
Useful Link

Link to Careers Site: Click HERE

You’ll achieve more at HSBC.

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Issued by The Hongkong and Shanghai Banking Corporation Limited, India