Head of UK Corporate Trust Operations

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 an exciting new direction, we offer opportunities, support and rewards that will take you further.

We’re one of the largest banking and financial services organisations in the world, with a network that covers more than 50 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Head of UK Corporate Trust Operations

The primary purpose of this role will be to manage the Corporate Trust Operations teams in London, overseeing the activities around the Common Depository Vault, Corporate Actions and Primary Market settlements into the international central securities depositories (ICSDs) and crest. You will maintain a strong relationship with senior managers and act as a key point of contact to these managers for all Corporate Trust matters.

As an HSBC employee in the UK, you’ll have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

In this role you will:

• Ensure that the Common Depository team in London complete the daily CASS requirements around the Vault Activity and that all monthly CASS Tasks are completed by the team in a timely manner
• Support the Managers in City offices, to ensure that the functions performed by the team are robust and in line with the requirements of our clients
• Manage the relationship with the Corporate Trust Client Service Management teams and other ISV Stakeholders, to address any concerns raised by these teams or Operations that may impact the service we provide to clients
• Act as a senior escalation contact for the ICSDs so that as Common Depository the service that we provide to Euroclear and Clearstream is in line with our appointment, ensure actions logs are maintained and attend any service reviews
• Represent ISV Operations at CASS working groups and governance meetings, to ensure that ISV issues are raised and addressed, along with providing updated to the ISV Operations teams of any required changes
• Assist with any escalations that may arise from either Internal Semi-Annual Vault Reconciliations or external CASS Audits, along with following up with the relevant teams and Compliance to close off any action items and implement preventative controls
• Work with other stakeholders to complete any Risk or Compliance reviews of the functions performed by the London and City offices, along with ensuring any potential findings are addressed and reported accordingly.

To be successful in this role you should meet the following requirements:

• Proven background in the Corporate Trust and Markets business (preferably Common Depositary/New issues) with demonstrable leadership management experience
• Proven knowledge of CASS regulations covering the protection of client assets and strong, demonstrable risk awareness with an understanding of legal documentation governing products and services supported desirable
• High level of accuracy and vigilance with a strong ability to multi-task and manage frequently changing priorities
• Knowledge of capital markets products and process flows with the ability to multi-task and manage frequently changing priorities
• Knowledge of SWIFT including MT535, MT536, MT544/542, MT564 & MT566 messages relating to the securities markets
• Strong communicator with excellent relationship building skills for internal and external clients in addition to solid people management skills with the ability to lead, develop and drive a team

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 8500