Associate, HBUK Markets Treasury Business Management

Some careers open more doors than others. 

If you’re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with 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 Global Banking and Markets is an emerging markets-led, financing-focused business that provides investment and financial solutions. Through our international network, we connect emerging and mature markets, covering key growth areas. We partner with our corporate, government and institutional clients to help them achieve consistent, long-term performance. Our products and services include advisory, financing, prime services, research and analysis, securities services, trading and sales and transaction banking.

HSBC Market & Securities Services (MSS) provides comprehensive global, regional and domestic fund services including fund administration, global custody and sub-custody settlement and services. Securities Lending Operations is a dynamic department that works with partners across the HSBC Global Banking and Markets business to deliver Securities Lending solutions to clients.

The Markets Treasury function is seeking an Associate level Business Manager based in London to support the execution of strategic projects and manage the day-to-day operations of the HSBC UK (“HBUK”) entity. HBUK is HSBC’s ring-fenced bank.

Markets Treasury sits at the heart of HSBC and acts as the Street-facing arm of the Treasury function (which responsible for setting the risk limits and strategy in respect of HSBC’s balance sheet). Markets Treasury’s priorities are:

- Manage HSBC’s cash, liquidity and funding for 45+ sites globally.
- Manage HSBC’s overall High Quality Liquid Assets (HQLA), short-term funding requirements and interest rate positions of the banking book.
- Generate stable (and significant) revenues by optimizing return on interest rates and HQLA.

In this role you will:

- Partner with the portfolio and funding teams of Markets Treasury HBUK to support the delivery of overall business objectives.
- Act as a key point of contact for control and operational matters for Markets Treasury HBUK.
- Deliver priority projects (strategic, regulatory, IT, transformative, etc) and engage with the wider stakeholder community in the execution and implementation of plans.
- Ensure effective governance structures, processes and controls are in place and meet the HSBC Group standards.
- Ensure Markets Treasury HBUK operates in line with agreed risk appetite limits (e.g. in relation to interest rate risk, liquidity risk, funding risk) and in full compliance with all HBUK and HSBC Group legal and regulatory requirements.
- Co-ordinate the investigation, escalation and remediation of any operating incidents as well as apprising the HBUK leadership team of relevant developments as appropriate.
- Support general business management tasks such as overseeing market data subscriptions, managing travel and entertainment spend, maintaining business continuity plans, maintaining desk procedures, process purchase orders, process invoices.

To be successful you should meet the following requirements: 

- Proven working experience in a function demonstrating the ability to synthesise detailed information to execute to commercial needs e.g. Legal and Compliance, Enterprise Risk, Financial Planning and Reporting, Business Controls. 
- Has a ‘run to the fire’ mentality and has the ability to exercise judgement where the full suite of information is not available. 
- Strong oral and written communication skills with the ability to bring stakeholders along the journey to drive projects to completion.
- Able to solve problems; prioritize tasks; and collaborate as part of a global team across multiple time zones, when appropriate.  
- Experience delivering, or supporting the delivery of complex multi-functional transformation initiatives.
- Has an understanding of the processes and behaviours that underpin the identification, monitoring and mitigation of non-financial risks.

This role is based in London.

Opening up a world of opportunity.

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.

If you have a need that requires accommodations or changes during the recruitment process, please get in touch with our Recruitment Helpdesk:

Email: hsbc.recruitment@hsbc.com

Telephone: +44 207 832 850