AVP Operations - Cash And Liquidity Management

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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 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 AVP Operations - Cash And Liquidity Management - CASH MANAGEMENT - MNL.

Principal Responsibilities

• Monitor and coordinate changes that impact the process i.e. CMS enhancement, platform upgrades, upstream system changes, etc. Drive the initiative internally and provide regular update to management
• Decide on changes that impact BAU activities (chasers, escalation, reporting, compliance, audit, etc.)
• Lead the monthly call with business on productivity, quality issues
• Brilliant BAU:
• Currency Funding:
• Ensure that account substantiations process for HSBC Plc accounting books held abroad (Nostro accounts) are performed in timely manner.
• Ensure all manual funding advices received from other departments are processed and checked correctly.
• Ensure the Nostro balances are advised to London front office in timely manner to be optimally funded to avoid overdraft costs and to resolve outstanding breaks.
• Ensure escalation procedure is being observed and any unresolved issues are escalated to AVP in a timely manner. 100% Compliance with DIMS during desk review.
• Ensure knowledge retention in the team by reinforcing risk and control concepts through continuous staff training and mentoring.
• Management Information (MI) - maintain agreed MI data and communicate it accurately with supporting statistics/reports/dashboards and within agreed timeframe
  

Requirements

• A degree in banking / financial / management / business administration / accounting exposure
• A working knowledge of Global Markets processes and trade lifecycle
• A working knowledge of regulatory reporting would be advantageous
• Sound knowledge and understanding of the Nostros Funding process and CMS Systems
• Strong understanding of MI reports
• Ideally 5+ years tenure within an Investment Banking Operations environment, exposure to Cash Management, Cash Services Operations and/or FX Operations functions is essential
• Proficient with MS Office and with good numerical and analytical skills
• Abilty to manage good relationships across mutiple business lines and GBM Hubs
• Ability to solve complex problems, articulate requirements and implement change
• Escalation – ability to recognize when an issue should be escalated and communicate it effectively to higher management to reach resolution
• Ability to build rapport with and relate to a wide range of people
• Ability to effectively influence others, including higher management, especially when implementing change
• Ability to learn quickly and transfer knowledge appropriately
• Ability to speak and understand English fluently, writes business letters and reports, and has good conversational / telephone skills
• Ability to spot and deliver on process improvement opportunities
• Able to work under challenging environment with tight timelines
  
  

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

The chosen candidate for this role will be required to undergo enhanced vetting. Subject to local laws, this will require the individual to satisfactorily pass a series of additional checks as part of the recruitment process and on an ongoing basis, if appointed to the role. HSBC Group reserves its position with regard to any steps which it may take in relation to any material adverse findings which arise either when the checks are originally completed, and/or if relevant, on an ongoing basis. For more information about the enhanced vetting for this role please contact the recruiter for this 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.”

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• Issued By HSBC Electronic Data Processing (India) Private LTD***

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