Job Description

Job description The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (2019-nCoV), we\'re leveraging our digital capabilities to ensure we can continue to recruit top talent at the HSBC Group. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have. 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 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, Why join us Markets division, at HSBC Bangalore, is hiring for its newly setup desk to support the Prime Synthetic Flow trading desk in Hong Kong: Assist the desk with pre-market/intra-day/post-market activities and tasks Review of previous day delta & PnL explanation Checking of PnL provisions Work with trading to identify new opportunities Booking of Synthetic flow trades Pre/post FX execution admin (dividends, local currency swap) Maintain a thorough knowledge of the Securities Finance products Determining Market sentiments through reading of research reports, valuation and Data analysis reports, and understanding corporate events Working with COOs, support teams identify required platform/process enhancements Running T+1 simulations and liaising with trading Ad-hoc analytics and analysis Management of corporate action & other ad-hoc queries Create synergies and work with other parts of the Global Equities business (Front to Back Office) Understanding the desk business flow, and generating periodic updates on flows as well as new opportunities Principal Accountabilities: Key activities and decision making areas Impact on the Business/Function Responsible for support to onshore trading teams Working with multiple stakeholders from MO and FO to ensure to tackle any bottlenecks Typical Targets and Measures Reactivity on requests and maintenance of periodic tasks Quick turnaround for ad-hoc queries Positive feedback from the desk Customers / Stakeholders Global Head of Prime Trading Trading team in Hong Kong COO Management team Internal Collaboration - Develops close and effective working relationships within respective Functions /Businesses Ensures that customer propositions or business improvement programmers demonstrate clear, measurable, worthwhile benefits over the short, medium and long-term and identifies the full range of implications on the future success of the business Build a good relationship with the Global teams, to ensure communication lines are fluid. Typical Targets and Measures Feedback from team members Ensure stakeholder satisfaction through timely delivery of quality work Feedback from onshore and offshore colleagues Operational Effectiveness & Control Aims at operational effectiveness and the delivery of the desired results Continuing development, implementation and improvement of the processes, structures, capabilities, capacity and infrastructure needed Establish and maintain a robust and efficient control environment across the team together with early identification and effective resolution or escalation of issues that arise Typical Targets and Measures Infrastructure and capabilities have measurable impact on operational effectiveness Adequately manage various projects and initiatives leading to process or functionality improvement and reduction of operational risk Leadership & Teamwork Assisting other members of the trading desk with issues Addressing queries from stakeholders Working with trading and IT to enhance platform and develop analytical tools Typical Targets and Measures Effective support within the team, good feedback from members Effective collaboration and communication with the teams onshore and offshore Major Challenges (The challenges inherent in the role that require a continual test of the role holder\'s abilities) The role is split across multiple geographies with competing demands, requiring the role holder to manage priorities effectively with stakeholders and within the regional team Managing multiple time-sensitive tasks, potentially across several stakeholders Fast paced work environment with continuous change and advances in technology Increasing focus on business continuity delivery Role Context: The trade assistant will be responsible for supporting the trading desk - booking of trades, monitoring of corporate actions and support with pre and post market activities, along with other ad-hoc analytical tasks Will liaise with different parties - Trading, Middle Office and COO teams Track market movements and be able to use it for idea generation and product analytics Management of Risk (Operational Risk / FIM requirements) Is aware of the Operational Risk scenarios associated with their role and acts in a manner that takes account of operational risk considerations. Consistently displays the behaviors that form part of the HSBC Values and culture and adheres to HSBC risk policies and procedures, including notification and escalation of any concerns and taking required action. Promotes the use of risk management processes and ideas to enable their team to manage risk ethically across regions and business areas and enable their teams to do business safely in accordance with corporate sustainability policies The jobholder is responsible for managing and mitigating operational risks in their day to day operations. Ensures risk policies and governance frameworks are appropriately implemented in their part of the business Communicates changes in policy and governance and reinforces risk processes in the way their team work Establishes and maintains an environment where risk is routinely anticipated, acknowledged, identified, quantified and acted upon in a timely and efficient way Observation of Internal Controls (Compliance Policy / FIM requirements) The jobholder will also adhere to and be able to demonstrate adherence to internal controls. This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators The jobholder will adhere to all relevant processes/procedures. Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimising relations with regulators. Understands, follows and demonstrates compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which the jobholder is involved, specifically Internal Controls and any Compliance policy including, inter alia, the Group Compliance policy. Requirements Qualification 5-7 years of relevant experience with index and synthetic delta 1 products/trading support exposure Product knowledge - ideally of Swaps, cash equities & other listed & OTC derivative products including knowledge of corporate action Strong understanding of the Equities Prime Businesses Exposure to trade booking and middle office coordination is very useful Ability to deal with multiple parties and streamline front to back lifecycle Strong mathematical ability and understand of derivatives products and their structures Excellent problem solving and coding exposure to Python and VBA Excellent written and verbal communication skills/ability to express ideas via writing Pro-activeness/Initiative taking Ability to work within a team and speak directly to onshore stakeholders Proven ability to prioritise workload effectively in line with business priorities 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.\' 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 (India) Private LTD...

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