Network Markets Specialist

The opportunity: Network Markets Specialist

Being part of HSBC in Spain, you’ll help evolve and grow our business by supporting Lines of Business, Functions and HSBC entities worldwide with specialist expertise in mandates, signature verification, Powers of Attorney and regulatory reporting.

Are you a legally qualified professional with an excellent eye for detail? Do you have previous experience in mandate processing, legal documentation, banking operations or regulatory reporting? Do you enjoy working with complex corporate structures, interpreting legal requirements and collaborating with stakeholders across an international organisation?

If you answered yes to any of these questions, we want to hear from you!

What you will do:

We’re looking for a detail-oriented and proactive Network Markets Specialist to join the COO – Network Markets team. The role provides specialist support across HSBC’s Lines of Business, Functions and entities worldwide, with a particular focus on the Spanish legal framework, mandates, signature authorities and Power of Attorney verification.

In this role you will: 

Mandate processing and wholesale activities

• Process and review mandates, deeds, signatures and Powers of Attorney in line with the Spanish legal framework.
• Verify the legal authority, signing powers and faculties of signatories, particularly in relation to complex Spanish corporate structures.
• Provide support to Lines of Business, Functions, branches and other HSBC entities worldwide.
• Act as a key point of contact for internal and external stakeholders regarding mandate and signature verification queries.
• Provide the legal information required to populate agreements and complete documentation accurately.

SEPBLAC reporting

Support the preparation and submission of regulatory reports to SEPBLAC, the Spanish AML authority, including:

• Financial Ownership File (FTF): Monthly reporting of the opening, cancellation or modification of current accounts, savings accounts, securities accounts and time deposits, following the applicable initial declaration requirements.
• Model 196: Informative reporting relating to Personal Income Tax, Corporation Tax and Non-Resident Income Tax for permanent establishments.
• Model 291: Informative reporting relating to Non-Resident Income Tax for non-resident accounts without a permanent establishment.

Operational effectiveness and control

• Follow all applicable internal policies, procedures, regulatory requirements and external laws, with particular attention to internal controls and Compliance requirements.
• Identify and reassess operational risks arising from regulatory, legal, economic, procedural, organisational and technological changes.
• Support the review and updating of desk instruction manuals when changes affect the activities performed by the role.
• Maintain accurate records and ensure work is completed to a high standard within agreed deadlines.

Leadership and teamwork

• Manage multiple priorities effectively within a small, collaborative team.
• Demonstrate resilience, flexibility and proactivity when responding to changes in regulations, procedures and business requirements.
• Build effective working relationships with a broad range of stakeholders across the branch, Group and other HSBC entities.
• Communicate clearly and professionally in both written and verbal interactions.

You should apply if you have: 

• University degree in Law or an equivalent legal qualification.
• High level of Spanish and English, both spoken and written.
• Previous experience in a related legal, banking, operations, mandate-processing or regulatory-reporting role - approximately two years’ experience is preferred.
• Strong attention to detail and the ability to manage large volumes of complex documentation.
• Excellent organisational skills, with the ability to prioritise tasks, multitask and meet deadlines.
• Sound understanding of confidentiality, risk management, internal controls and regulatory compliance.