Job Description

Some careers shine brighter than others.

If you’re looking for a career that will help you stand out, join HSBC and fulfil your 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.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Subject Matter Expert – Reconciliations

In this role, you will:

• Perform reconciliation tasks on cash balances, security / bullion movements and holdings, outstanding derivative positions either using system tools or manually.
• Verify internal account balances and cross check inter-system balances according to a pre-determined schedule.
• Perform controls as checker in the process.
• Perform trade confirmation matching daily using system tools.
• Carry out primary level of investigation on discrepancies / un-reconciled breaks and assign cases to relevant product teams via workflow or detailed reports.
• Monitor the status of outstanding cases and ensure that appropriate actions are being taken by product teams.
• Follow up un-assigned cases and non-receipt of statements with nostro banks, custodians, fund houses and other counterparties.
• Substantiate fund receipts for the release to client accounts.

To be successful in this role, you should meet the following requirements:

• Experienced in performing Reconciliation of Cash, Securities & Funds.
• Able to multi-task.
• Excellent attention to detail.
• Excellent numerical abilities.
• Excellent communication skills in English, both written and verbal
• Considerable flexibility in working varying shifts to support European and Asian business hours.
• Able to work within tight deadlines, and with multiple and simultaneous process concerns.
• Experienced in performing reconciliation of Cash, Securities & Funds.
• Demonstrates a thorough understanding of the underlying reconciliation products, operations processes and procedures.
• Demonstrates capability in the areas of risk and control management, and process improvement.

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritised.

You’ll achieve more when you join HSBC.

www.hsbc.com/careers

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. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by HSBC HDPP