Assistant Manager Operations, HSBC

HSBC

Location:
Malaysia, Kuala Lumpur

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

The position lies within our Equities Stock Lending Operations specialising in Collateral under the Market & Securities Services Operation umbrella. The job holder is responsible to support the Securities Finance Front Office within a settlements role relating to collateral management covering global businesses. We are a global team covering multiple balance sheets for Stock Lending product under the Markets business. We are responsible for ensuring all equity stock loan trades booked flow through the various stages of the trade life cycle and collateralised successfully.

Job Responsibility:

Daily responsibility for collateral transaction processing, monitoring and aiding collateral settlement, account reconciliation, investigation and remediation of imbalances
Investigation and resolution of failing transactions
Responsible for Mark to Markets
Daily monitoring of exposure
Processing of wire payments
Review and resolve daily reconciliation breaks
Investigate and resolve collateral disputes, respond to client queries (internal & external)
Timely and proper escalation to management or trading desk to protect the firm against risk exposure
Provide exceptional service and developing relationships with large institutional clients
Maintain and update procedures as necessary
Ability to apply judgment to operational situations in a fast paced environment to drive progress
Identify potential financial risk to the bank and ensure proper resolution is achieved within the bank’s guidelines
Ensure adequate support for effective management of KRIs, to minimise risk e.g. Nostro/Stock/inter-system breaks

Requirements:

Conceptual understanding of Capital Markets
Strong understanding of Collateral, Stock Borrowing and Lending Operations
Must have knowledge of Tri-Party and Bi-Lateral Processes
Understanding of Markets Operations including Repo and Collateral Management is an added advantage
Has sound understanding and formal qualification of basic Operations Accounting principles
Able to demonstrate the mind set and maturity to operate in a fast paced environment
Awareness and appreciation to operations risk and control and exception management
Ability to implement initiatives and work as part of a team
Strong communication skills with the ability to interact with clients/stakeholders
Attention to detail and a hands on approach to identify opportunities of process improvement
Follow formal escalation framework across all aspects of Operations i.e. operational and systemic related risks
Strong awareness and appreciation to operations risk and control and exception management
Strong communication skills with the ability to manage local and international relationships across the org

Nice to have:

3-5 years of investment banking experience would be recommended
Flexibility to work in required hours
A degree in Business or Finance would be preferred
Ability to multi-task and support multiple stakeholders
Able to work in a demanding and time sensitive environment
Hands on experience of operations processing is an advantage
Familiar working knowledge of associated technology
Must have knowledge of Knowledge of BNY Access Edge or Global One system is a plus
Ability to recognize unusual flows/triggers for collateral in agreements and new trade structures

Additional Information:

Job Posted:
April 26, 2025

Expiration:
May 08, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Assistant Manager Operations