Associate

Why join us?

Fee Billing team currently manages fee billing related tasks for raising and collection of fees for all services and product offerings in Securities Services; Global Custody (GC), Direct Custody (DCC), Funds (FA), Global Trustee Fiduciary Service (GTFS) and Broker Outsourcing (BOSS), across 25 countries where Securities Services operates.

Opportunity:

Produces invoices within the agreed timelines and to the accuracy agreed and forward the same to our customers for payment. Follow up for the charges payable, recover them, apply the received funds to the respective ledgers and reconcile the outstanding. The invoices are reviewed and analyzed for issues or errors before they are sent out to prevent customer dissatisfaction or complaints. The Fee letters agreed with the customers are reviewed on the system annually for accuracy of data capture.

What you'll do:

Securities Services is a high-risk area with increasing complexity and regulatory scrutiny due to the current regulatory environment in Securities Services and Financial Services industry. The job holder is required to keep up to date with the changing environment, policies and processes.Ensure invoices are prepared and draft in a timely, accurate and to the standards agreed.Develop a highly engaged team with strong alignment to the businessManage and help reduce operational loses year on year and Challenge existing processes and help streamline and standardize them across all countries.Continuously reassess the operational risks associated with the role and the inherent business, taking account of changing economic or market conditions, legal and regulatory changes, operational procedure and practices, management restructuring and the impact to new technology.Ability to take ownership for deliverables and to work independently with little or no supervision.Proactively identify new areas of improvement for self and team. Problems are identified and resolved to provide better customer satisfaction and experience.Review and implement any system changes that are needed to do the work effectively and efficiently.Maintains HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators.Adherence to Group core standards, compliance, regulatory, internal security and process standards always.

What you will need to succeed in the role:

HSS is a high-risk area with increasing complexity and regulatory scrutiny due to the current regulatory environment in Securities Services and Financial Services industry. The job holder is required to keep up to date with the changing environment, policies and processes.Ensure invoices are prepared in a timely, accurate and to the standards agreed.To continuously provide high quality processing services to achieve maximum customer satisfaction within the specified Service Level Agreements. Ensure completion of processing tasks in accordance with established procedures and standards. Demonstrates ways to improve customer service, increase productivity and accuracy.Work well independently; complete assigned tasks within the established timeframe, complete regular assignments without reminders or additional requests.Demonstration of teamwork through processing requirement and participation in meetings, activities which promotes team spirit.Adherence to Group core standards, compliance, regulatory, internal security and process standards at all times.To be aware of the operational risk that associated with the role, and to ensure that all actions during the employment with HSBC take account of the likelihood of operational risk occurring.Process productivity and quality targets are achieved. Issues/problems are fully resolved or escalated. Appropriate action is taken to prevent recurrence.Procedural changes/new initiatives are fully familiarized and implemented. Consistently maintain a high level of customer service by achieving established Performance Level Agreement.The job holder is continuously required to reassess the operational risks associated with the role and the inherent business, taking account of changing economic or market conditions, legal and regulatory changes, operational procedure and practices, management restructuring and the impact to new technology.

What additional skills will be good to have?

Very good written and verbal English language skills.Excel knowledge, short keys, basic formulas.Good negotiation and influencing skills.Basic knowledge of the HSS business will be an added advantage.Eye for detail in capturing data correctly and accurately and identifying errors/mistakes.

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