Global Support Executive

2 weeks ago


Kuala Lumpur, Kuala Lumpur, Malaysia HSBC Full time

  • Job description

Why join us?


Collateral and Risk team is responsible for managing and mitigating various types of financial risks associated with collateralized transactions and financial instruments.

The team oversees collateral related activities which involve the use of assets as security to minimize credit risk.

The team ensures margin requirements are correctly enforced and that the appropriate collateral is available and properly utilized in transactions in margin lending, OTC derivatives and secured loans.

Collateral Settlements and Reconciliations consists of two different functions. Settlements is a key process in ensuring timely and accurate processing of margin and interest payments. Controls are maintained by proactively ensuring the exception queues are managed in addition to proper checks on all bookings. SSIs and call accounts should be properly managed and updated to ensure completeness and accuracy. Impact includes reduction in collateral disputes & improved settlement rate. Reconciliations is essential to accounting accuracy between internal systems and external custodians. This checks and balance on Collateral accounts are to ensure the company's risks are quantified and managed.

The Opportunity:

The key functions of this role includes:

  • Understanding of the collateral business
  • Needs to be proactive and support the daily processes within Settlements and Recs team
  • Need to understand the upstream and downstream processes and its impact
  • Ability to escalate issues in a timely manner and through the appropriate reporting lines.
  • To contribute and assist in any adhoc project involving team
  • Build effective and strong relationships with collateral management desk, valuations, client facing and interest team, central payments team, and credit risk team. Includes Front Office, Middle Office, counterparties and other internal and external stakeholders
  • To understand and contribute to procedural updates and projects
  • To be a Key member of the Collateral team and provide fresh ideas to achieve goals set by business. To explore for opportunities in which team can improve efficiency and productivity.
  • To follow procedures in the execution of their daily roles.
  • To be fully aware of financial risks to the business and actively manage to minimize.
  • To ensure full understanding of the products supported by the Collateral & Risk business
  • To take ownership for career development and to show active participation in skill, product and management development

What you'll do:

Impact on the Business/Function

  • To support collateral settlements, to ensure timely and accurate collateral margin movement and interest payments.
  • Contribute in investigation of fails, preparation of risk reports, and other reconciliations reports.
  • To ensure tasks are carried out accordingly as per procedure and controls to prevent errors, Operational Loss, Reputational Risk, etc.
  • To support all settlements and reconciliations processes across regions as and when required, such as and not limited to; SSI and Call Accounts setup, voucher posting, nostro and suspense reconciliation and intersystem reconciliation.

Customers / Stakeholders

  • Provides quality customer service and ensures achievement of Performance Level Agreement (PLA) and Service Level Agreement (SLA)
  • Interactions with internal teams or clients, focusing on resolving requests and issues promptly with efficiency, accuracy, along with professionalism and respect.

Teamwork / Development**- To support and collaborate with wider team across sites.

  • Daily work is timely managed and completed within agreed timelines and cut offs, in accordance with procedures.
  • Develop realistic and achievable strategies and action plans to address selfperformance gaps, and training
  • To contribute skills and knowledge among team members to achieve team and business goals.

Operational Effectiveness & Control

  • To abide with team's compliance and regulatory requirements
  • To support the Business Contingency Plan (BCP) for team
  • All issues / problems are fully identified and escalated in appropriate and timely manner. Appropriate action is taken to prevent recurrence.

Housekeeping

  • Maintain equipment, systems and general work environment in good condition.
  • Issues / problems are investigated or resolved immediately or escalated to Line Manager

Managing for Value

  • Identify ways for improving service / adding value / reducing costs in line with business goals.
  • Support initiatives originating within the team for implementation and recognition.
Requirements

What you will need to succeed in the role:

  • The role holder will support the Collateral Services business and the future growth of the business
  • The jobholder will also be required to build relationship with team members and stakeholders across all business areas.
  • The jobholder is required to complete all task on a daily basis when required.
  • Jobholder w


  • Kuala Lumpur, Kuala Lumpur, Malaysia HSBC Full time

    Job descriptionBusiness: Markets & Securities Services Operations, GDM Derivatives Trade & Position ManagementOpen positions: 1Role Title: Global Support ExecutiveGlobal Career Band: GSC 8Location (Country / City): Kuala Lumpur, MalaysiaRecruiter Name: Nana NasrudinWhy join us? If you are looking for opportunities to develop your career, take the first step...


  • Kuala Lumpur, Kuala Lumpur, Malaysia HSBC Full time

    Job descriptionWhy join us?If you're looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. 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.Securities...


  • Kuala Lumpur, Kuala Lumpur, Malaysia HSBC Full time

    Job descriptionWhy join us?If you're looking for further opportunities to develop your career, take the next step in fulfilling your potential right here at HSBC. The position lies within our Equities Stock Lending Operations specialising in Settlements under the Market & Securities Services Operation umbrella. The job holder is responsible to support...


  • Kuala Lumpur, Kuala Lumpur, Malaysia HSBC Full time

    Job descriptionBusiness:Global Banking and MarketsOpen positions:1**Role Title:GLOBAL SUPPORT EXECUTIVE**Global Career Band: 8Location _(Country / City )_:Malaysia / Kuala LumpurRecruiter Name:Nana Nasrudin**Why join us?To continuously provide high quality processing service to achieve maximum customer satisfaction within the specified PLA's. Responsible for...

  • P2p Specialist

    2 weeks ago


    Kuala Lumpur, Kuala Lumpur, Malaysia Informa Global Support Full time

    Company DescriptionInforma is a leading business intelligence, events, and academic publishing business operating in the Knowledge and Information Economy. We are listed on the London Stock Exchange and a member of the FTSE 100. We operate in more than 30 countries and employ over 11,000 people globally.Informa's leading brands and expert teams create...


  • Kuala Lumpur, Kuala Lumpur, Malaysia HSBC Full time

    Job descriptionBusiness:Collateral ServicesOpen positions: 1Role Title:Global Support Executive***Global Career Band: 8Location _(Country / City)_**:Kuala Lumpur, MalaysiaRecruiter Name: Nana NasruddinWhy join us?The Collateral Services team are responsible for the processing of all collateral related counterparty risk exposure management & the collation &...


  • Kuala Lumpur, Kuala Lumpur, Malaysia HSBC Full time

    Job descriptionBusiness: DCC AU Corporate ActionsOpen positions: 1Role Title: Global Support ExecutiveGlobal Career Band: 8Location _(Country / City )_: City Office KL (GSC Malaysia)Recruiter Name: Nana NasrudinWhy join us? Direct Custody and Clearing (DCC) Corporate Actions is an asset servicing function mainly providing services to institutional clients...


  • Kuala Lumpur, Kuala Lumpur, Malaysia HSBC Full time

    Job descriptionWhy join us?If you're looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. 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.The...


  • Kuala Lumpur, Kuala Lumpur, Malaysia HSBC Full time

    Job descriptionWhy join us?If you're looking for further opportunities to develop your career, take the next step in fulfilling your potential right here at HSBC. The position lies within the Debt Securities for Clearing and Settlement in Market Operations. The job holder is responsible to support HBAP Clearing & Settlement activities in performing...


  • Kuala Lumpur, Kuala Lumpur, Malaysia HSBC Full time

    Job descriptionWhy join us?Some careers grow faster than others.If you're looking for further opportunities to develop your career, take the next step in fulfilling your potential right here at HSBC. Global Finance is integral to HSBC's purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our global...


  • Kuala Lumpur, Kuala Lumpur, Malaysia HSBC Full time

    Job descriptionWhy join us?Asset Servicing covers all Mandatory and Voluntary Corporate Action processing for Equity and Fixed Income products, inclusive of Claims for multiple balance sheets across multiple business location.Opportunity:What you'll do:Principal Accountabilities: Key activities and decision making areasCustomers / Stakeholders HSBC offices...


  • Kuala Lumpur, Kuala Lumpur, Malaysia HSBC Full time

    Job descriptionWhy join us?Some careers grow faster than others.If you're looking for further opportunities to develop your career, take the next step in fulfilling your potential right here at HSBC. Global Finance is integral to HSBC's purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our global...


  • Kuala Lumpur, Kuala Lumpur, Malaysia HSBC Full time

    Job descriptionBusiness:HDPMOpen positions:1**Role Title:Global Support Executive - ReconciliationsGlobal Career Band: 8Location _(Country / City )_:Malaysia / Kuala LumpurRecruiter Name:Nana Nasrudin*****Why join us?CPS Reconciliations is a centralized function accountable for producing reconciliations for Custody and Fund Services. The main function of the...


  • Kuala Lumpur, Kuala Lumpur, Malaysia HSBC Full time

    Job descriptionWhy join us?Asset Servicing covers all Mandatory and Voluntary Corporate Action processing for Equity and Fixed Income products, inclusive of Claims for multiple balance sheets across multiple business locationThe OpportunityRequirementsWhat you'll do:Principal Accountabilities: Key activities and decision making areasCustomers / Stakeholders...


  • Kuala Lumpur, Kuala Lumpur, Malaysia HSBC Full time

    Job descriptionWhy join us?The Collateral Services team are responsible for the processing of all collateral related counterparty risk exposure management & the collation & distribution of client portfolio valuations. One of the functions of the Collateral Management department is the management of collateral exposure. Daily, the department calls margin or...


  • Kuala Lumpur, Kuala Lumpur, Malaysia HSBC Full time

    Job descriptionWhy join us?Derivatives Settlements Services covers the entire settlement cycle for Fixed Income Derivatives (FID). FID are highly traded instruments which can be further classified as either OTC or centrally cleared. So, product knowledge is highly sought after skillset both from a buy side or sell side perspective.While the department covers...


  • Kuala Lumpur, Kuala Lumpur, Malaysia Cxl executive Full time

    Position : Customer Support ExecutiveWorking Hours: Monday - Sunday / 24/7 Rotational Shift(2 day off rotational - based on duty roster)Intake: Early September 2023 (Immediate Hiring)Location: Masjid JamekBasic Salary: RM2,500 + RM300 (Allowance) Attracts potential customers by answering product and service questions; suggesting information about other...


  • Kuala Lumpur, Kuala Lumpur, Malaysia Media Full time

    Media.Monks is a digital-first marketing and advertising services company connecting the dots across content, data & digital media and technology services. Inspired by the connectivity and flexibility of technology APIs, Media.Monks' single-P&L model offers brands seamless access to a nearly 6,000-strong team of digital talent organized across 57 talent hubs...


  • Kuala Lumpur, Kuala Lumpur, Malaysia HSBC Full time

    Job descriptionWhy join us?HSBC have an operations hub in Kuala Lumpur & Bangalore within the Global Service Centre. positions lie within the Cross-Asset Confirmation/Settlement/Investigation Service in Market Securities Services Operations. The roles would be involving BAU process handling of all settlements and investigation activities for cross-asset...


  • Kuala Lumpur, Kuala Lumpur, Malaysia HSBC Full time

    Job descriptionWhy join us?Direct Custody and Clearing (DCC) Corporate Actions is an asset servicing function mainly providing services to institutional clients and retail clients in a domestic market. As a direct custodian, team is responsible in efficient and timely broadcast of corporate events to clients, processing of instructions, computing...