Assistant Manager

8 months ago


Kuala Lumpur, Malaysia HSBC Full time

-Job description

**Why 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. Global Debt Markets Derivatives Trade Processing Management is integral to HSBC’s purpose and strategy, playing a valued role in Rates trading life cycle management. Our global team of Middle Office professionals partner with the business to provide accurate, efficient, timely and controlled trade validation, ensuring seamless downstream processing. We are currently seeking a high caliber professional to join our team as Assistant Manager - Processing.

**What you’ll do**:

- Provide high quality Trade Validation, Trade Control and Trade Reconciliation Investigation service to the Middle Office Desk Support, Front Office business and onshore Operations for Interest Rates Derivative products across London and Paris as per agreed service agreements.
- Ensure the escalation of all problems/risk issues within their area to the respective stakeholders and the appropriate levels of management as per escalation matrix, in a timely manner.
- Ensure effective management of risk and controls in line with the Risk Management Control Framework.
- Observe that all reporting requirements applicable to their role are completed in a timely manner and to a high standard.
- Work towards improving process KRIs, KPIs and bright lines through the efficient use of tactical and strategic solutions.
- Identify control gaps and implement additional steps to mitigate risk in an environment of capacity constraints.
- Continually challenge procedures, checklists and performance measures to ensure our delivery to clients are optimized.
- Identify areas of efficiency and implement changes.
- Maintain HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators.
- Implement and ensure adherence to the Group Privacy, Control and Compliance Policies, applicable to their role.
- Adhere to the group requirement that each employee is aware of the Operational Risk scenarios associated with their role and to ensure that all actions during their employment with HSBC take account of the likelihood of operational risk occurring.
- Understand and ensure compliance to all relevant internal and external governance, regulations and procedures
Requirements

**What you will need to succeed in the role**:

- A minimum of a BA/BS/BC degree.
- Strong culture of ethics and integrity.
- Ability to speak and understand English fluently with exceptional business communication skills.
- Excellent planning, time management and organizational skills as well as a strong eye for detail are required.
- Ability to perform well in a fast pace and high pressure environment against tight timelines.
- Strong Derivatives Operations background with knowledge of OTC Derivatives products are preferred.
- Strong understanding of operational risk, procedures and controls as well as of front to back trade lifecycle
- Strong knowledge in trade level reconciliation and investigation.
- Comfortable working with senior stakeholders.
- Technical / IT understanding of how trading and order management systems operate is desirable.

**What additional skills will be good to have?**
- Previous experience in Middle Office, Confirmations or Settlements roles will be an added advantage.
- Ability to learn quickly and transfer knowledge effectively and accurately.
- Evidence of process management knowledge with an ability to independently initiate process improvements and encourage the same in others.
- Evidence of leadership skills, with a keen ability to build rapport and relationships with a wide and varied panel of stakeholders.
- Knowledge of MS Office coupled with good numerical and analytical skills - be able to understand, analyze, and communicate data in a concise, logical and visually stimulating form.
- People and talent management.
- Ability to see the big picture and drive strategic objectives without losing attention to detail.
- Summit, Markitwire, DTP Calypso, TREATS or other PTS/BO systems experience preferred.



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