Transition Manager

Some careers shine brighter than others.

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 Transition Manager.

In this role, you will:

• Project Management: Planning and executing all operational aspects of client transition events, such as new account fundings, terminations, and portfolio restructures.
• Coordination & Communication: Acting as the central liaison between clients, global relationship teams, investment teams, trading desks, custodians, and third-party administrators to ensure a consistent service model.
• Asset Transfer & Reconciliation: Coordinating the execution of cash and in-kind (securities) asset transfers, monitoring electronic transfers, and reconciling trade execution files with external transition managers and custodians.
• Risk Management & Compliance: Emphasizing operational risk management and maintaining a strong control environment. This involves adhering to all regulatory requirements (e.g., CASS rules in the UK), updating procedures, and escalating issues promptly.
• Issue Resolution: Investigating and resolving queries and issues that arise during the transfer process to ensure client satisfaction and prevent "performance holidays" (periods where assets are not invested).
• Process Improvement: Proactively identifying and implementing process enhancements and leveraging technology to improve operational efficiency and the overall client experience. 

To be successful you will:

• Experience: Proven experience in investment operations, settlements, fund accounting, or financial services operations.
• Technical Knowledge: Broad understanding of investment processes, custody functions, different asset classes (equities, fixed income, derivatives), and relevant regulations.
• Communication: Excellent interpersonal skills for building strong relationships with both internal and external stakeholders and effectively communicating complex information to clients.

• Comprehensive understanding of global custody operations.
• Experience in client-facing roles and operational areas within a global custodian.
• Proven team management and operational risk management skills.
• System Knowledge - Proficient in Bancs, Nostro network front end.

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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