Current jobs related to Gse Fxo Settlements - Kuala Lumpur, Kuala Lumpur - HSBC

3 months ago

Kuala Lumpur, Kuala Lumpur, Malaysia HSBC Full time

Why join us?

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.

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 presettlement 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

Leadership & Teamwork

Supporting in INSPIRED 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:

Knowledge

Financial Markets
Derivatives products (IRD, CRD, EQD, FXO)
Trade Life cycle (booking, resets, fixing advice, settlements, reconciliations, reporting)
Swift messages especially MT103, MT202, MT202C, MT101, MT199 and MT29
Standard Settlement Instruction
Front Office and Back Office systems such as SUMMIT, Sophis, Murex, DTCC, DTP, OPAS, Global Calypso, Swap ONE, Treats, TLM
ISDA definitions

Experience

Qualifications

What additional skills will be good to have?

Knowledge/Skills/Experience:

Gse Fxo Settlements