Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

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 AVP - Clearing and Settlements.

Principal responsibilities:

• Continually reassess the operational risks and efficiencies inherent to business taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology. This will be achieved by addressing any areas of concern in conjunction with line management and/or the appropriate business area and by continually re-engineering processes to provide value while mitigating ris
• Implement Group Compliance Policy by containing compliance risk in conjunction with the relevant compliance department. The term ‘compliance’ embraces all relevant laws, rules and codes with which the business has to comply with by adhering to the Group’s agreed processes and procedures, achieving satisfactory audit results.
• Effectively drive and manage change to achieve business goals
• To ensure control measures/checkpoints are established to scrutinize exceptions/errors to prevent any operational losses and reviews on these measures are constantly performed. Procedural changes/new initiatives are reviewed, fully communicated to and implemented.
• Review Contingency requirements on a periodic basis and invoke relevant business recovery measures as necessary. Carry out effective Operational Risk Assessment by monitoring and implementing risk mitigating plans. 
• Maintains HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators. 
• To be aware of the Operational Risk scenario associated with the role, and to ensure that all actions during your employment with HSBC take account of the likelihood of operational risk occurring. Ensure escalation process is in place and is effective.
• Regularly review operational effectiveness and review procedures.
• Compliance with procedures and Securities relevant diary watch items across the section.
• MI and other business data requirements are completed accurately and supporting statistics/reports/returns are presented to business/management within agreed timescales. Assist VP to rationalize MI and promote data-driven business decisions through reporting.

Requirements:

• A strong financial background is preferred
• Knowledge in MS Excel and Macro is a plus
• Able to execute drive teams/staff  on operational activities that are time bound and inclusive of critical cut-offs.
• Team-focused with ability to build and maintain strong working relationships with staff and stakeholders within the business.
• Strong interpersonal, analytical and problem solving skills that can readily translate to critical business decisions as needed and dictated by the business. 
• Flexible working hours given the team supports 33 market locations (inclusive of early Asiapac market, MENA and US).
• An understanding of the overall securities industry from an operational and regulatory perspective, ideally with 5 years experience in a custody/securities and people management role.

You’ll achieve more when you join HSBC.

HSBC is an equal opportunity employer 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. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.”

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 Electronic Data Processing (Philippines)***

Please refer to job description.