-Job description
If you're looking for further opportunities to develop your career, take the next step in fulfilling your potential right here at HSBC. The position lies within the Cash Equities in Market Operations. The job holder is responsible to support middle office activities as the primary liaison with internal and external clients. They maintain constant communication with the business and various stakeholders to ensure all market deliverables are met.
This role includes managing primary objective of driving operational excellence across our business globally. Achieving this through the consolidation, simplification and continuous improvement of the process, simultaneously takes responsibility for managing operational, location and processing risk.
Ensure compliance of internal guidelines, external regulations and are constantly reviewed and enhanced to continually improve the support functions offered to the operational processes and the business.
**The Opportunity: Assistant Vice President Cash Equities**
The Trade Control Senior Manager will support the Sector, Program Trading and Sales desks for the Cash Equities business.
The role holder covers day to day management responsibilities of the client services team that covers allocation of block trades and affiliate trading reconciliation. The role acts as a point of contact for the trading desk, monitoring exceptions in trade life cycle, break resolution and escalation liaison with internal departments (client service, front / middle office, settlements, finance etc.).
As a result, you support the equity franchise with their institutional clients on a daily basis and reduce risk and escalate when necessary.
**What you'll do**:
1. Act on escalated communications with the Clients for Equity trades
2. Act on any escalation to management or trading desk to protect the firm against risk exposure.
3. Study process gaps and recommend updates to operational line as necessary
6. Deliver support for effective management of KRIs, to minimise risk e.g. Nostro/Stock/inter-system breaks
7. Strategise and develop sustainable operational model with department heads
**What you will need to succeed in the role**:
- Proven track record and experience in people management
- 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
- Drive and implement change initiatives
- Deliver any regulatory changes to be implemented in the 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.
Requirements
**What additional skills will be good to have?**
- 3-5 years of investment banking experience would be recommended
- 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
**You'll achieve more at HSBC**
**_Issued By _**_HSBC Electronic Data Processing (India) Private LTD_