Job Description

Some careers open more doors than others.

If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. 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.

Business Descriptor

Markets and Securities Services

Securities Services provides robust and reliable solutions that enhance performance and mitigate risk, today and in the future. Working with institutional investors, banks, insurance companies, governments and multinational corporations. Markets and Securities Services offers a range of fund administration, global custody, sub-custody and clearing services.

Principal Responsibilities:

• The role to be backfilled is within the Settlements Team that manages the Client Trade Processing and Settlement, Regulatory & Client Reporting and various client queries.
• The Role requires strong understanding of the Securities markets along with regulatory knowledge of the Securities Market and the relevant risk principles associated with Securities Settlement Transactions.
• Critical role activities involve knowledge on Client Trade Settlements within stringent deadlines on T date, continuous monitoring of Trades, Regulatory Reporting’s, queries & Operational risk, including its identification, assessment & mitigation control.
• Maintain excellent rapport with internal teams like Client Services team, Regulatory Reporting team, Compliance team etc. and also external market participants i.e. Stock exchanges/ other custodians/ brokers / registrars and companies

Qualifications/Requirements:

• A minimum of 1-3 years of relevant work experience
• Capital Market knowledge is preferred
• Pro-tip : Familiarity with AI-enabled tools is an advantage
• Graduation is mandatory.

Major Challenges:

• The biggest challenge for the job holder is to continuously synchronize the processes to meet demanding client requirements as well as constantly changing market dynamics. These market changes along with client expectations related to high level of customization puts pressure on existing processes, resources and controls.

• The job holder needs to ensure that all processes are well defined, documented and diligently followed. The challenge is higher in a fiercely competitive market with a zero tolerance for error.

• The Job holder is required to work in tandem with CSV to ensure clear understanding of client requirements and timely delivery of the same.

• The jobholder must have a thorough understanding of the processes / procedure and also know and understand all the legal, regulatory issues of the market and complement all this on a daily basis to ensure superior service and flawless execution

Role Context:

• The Indian capital market is complex and hence it is extremely challenging to continuously offer superior service and flawless execution to our customer base, which are very demanding large institutional clients.
• Additionally, the Custody business is extremely competitive where a single client win / loss can result in revenue worth millions of USD getting impacted. The size of transaction intensifies the operational risks and small error can lead to financial and reputation impact. The custodian, including the operations section, is expected to be a partner to the client through the close liaison with Client Servicing Team.

You’ll achieve more at HSBC.

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment.

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Issued by The Hongkong and Shanghai Banking Corporation Limited, India