Asst Mgr - Processing - Equities Middle Office Control Client Service
HSBC · Quezon, National Capital Region (NCR), PH, 1101 · Philippines · On-site
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HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 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 Asst. Mgr Processing - Equities Client Service.
The role holder will be part of the Equities franchise under Market Securities Services Operations (MSSO) umbrella. The business covers products in the Cash Equity space. The scope of the Cash EQ Middle Office team in Manila comprises middle office operations and includes client services manager role.
The role holder will support HBAP Cash Equity businesses. Role holder must establish good relationship with internal counterparties and clients in order to resolve and manage issues related to the businesses promptly
Middle Office Client Services (MOCS) Assistant Manager will be responsible for performing complex and client-focused operational tasks in support of the daily trade executions in the Equities business. The AM should have an extensive understanding of the trade life cycle, be able to work independently, and be able to make sound decisions with the information on hand, if faced with daily issues.
Principal responsibilities
Responsible for daily trade processing of allocations and confirmations on assigned clients
Address trade exceptions by liaising with various operations teams (i.e. front office, static, settlements, reconciliations) to respond to issues in a timely and accurately manner based on SLAs.
Work with internal parties closely to solve operational issues including break resolution.
Timely Escalation of critical issues to Stakeholders
Focus on ensuring the individual is fully cross trained on the various functions needed to fulfil the role. Support the collaborative working across all the various Equity departments onshore/ offshore.
Manage queues ensuring trades feed promptly into the settlement system
Ensure timely collation and distribution of internal reports in conjunction with desk controls such as the Cancel/Amend, late booked, and long dated reports
Ensure any transaction reporting rejections are resolved in a timely manner
Ensure all daily checklist tasks are completed in a timely and accurate manner
Demonstrate a high standard of client service from the team to internal and external stakeholders.
Requirements
Accomplished understanding of Equities franchise and the associated risks
Highly numerate
Ability to problem solve, articulate requirements and implement change
Strong interpersonal skills
Strong written and verbal communication skills
Ability to work…