Senior Associate - Derivatives Market Documentation

Some careers shine brighter than other.

If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

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 Senior Associate - Derivatives Market Documentation.

In this role, you will:

• Design and/or write procedural documents and maintain job aid that will help in monitoring the quality of coding. Ensure Up to date Process / Procedure Documents are maintained and circulated within the operational teams
• Ability to handle User Acceptance Testing, process initiatives, new technology implementation etc. Ensure that a database or repository is maintained accurately which contains all complex / unique cases that are picked up at the time of audit.
• Ability to maintain and present Key Performance Indicators to justify the Data quality. Understand and comply with all relevant policies and procedures issued by the Group and contained with the Group Standards Manual and relevant Functional Manuals, Desk Instructions Books and Process Guides.

• Should be able to revert to the onshore business partner’s/stake holders on all investigative queries/escalations. Responsible for workload management and delivery of volumes and quality which will include assigning and allocation of tasks in timely and in an accurate manner, within Service Level Agreements.

• Ensure that errors of the analysts are recorded in a robust and timely manner. Ensure timely and accurate feedback provided to all staff on errors.
• Maintain error tracking logs for all Quality Checking that has been completed for individuals. Handle conflicts arising from the feedback extended to the staff effectively and amicably.
• Ability to implement Proactive controls and Action plans to mitigate Data Quality issues.

To be successful, you will:

• Should be a Graduate / Postgraduate in commerce or accounts background.
• Minimum 2+ years of Operations and relevant experience in International Swaps and Derivatives Association.

• Having experience on either drafting or reviewing OTC (Over the Counter) master documents such as ISDA (International Swaps and Derivatives Association), CSA (Credit Support Annex), GMRA (Global Master Repurchase Agreement), GMSLA (Global Master Securities Lending Agreement) etc is a must.

• Need to be aware of the Operational Risk scenario associated with their role, and to ensure that all actions during their employment with HSBC take account of the likelihood of operational risk occurring.
• Analytical skills, with ability to recognize areas for development. Excellent verbal and written communication skills.

• Ability to handle process initiatives like User Acceptance Testing, Project Management, new technology implementation etc.

You’ll achieve more when you join HSBC.

www.hsbc.com/careers

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***