Technical Asst Mgr - CASH MANAGEMENT

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

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 Technical Asst Mgr – CASH MANAGEMENT.

Principal responsibilities

• Provide best in class Cash & Liquidity Management funding process
• Provide leadership and customer service to all, both top and lower Management, consistent with Group and Company policies and standards. Working as a cohesive team member, working in a supportive team environment driven by people centric values.
• Maintains HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators.
• To drive the implementation of Group Compliance Policy in conjunction with financial regulators to which the trade and reconciliations are based.
• Understand Management Information requirements and produce Weekly and Monthly MI reports for Management.
• Brilliant BAU:

1. Currency Funding:
• Ensure that account substantiations process for HSBC Plc accounting books held abroad (Nostro accounts) are performed in timely manner.
• Ensure all manual funding advices received from other departments are processed and checked correctly.
• Ensure the Nostro balances are advised to front office in timely manner to be optimally funded to avoid overdraft costs and to resolve outstanding breaks.
2. Interest Analysis & Cost calculation

• To analyse interest posted to our Nostro accounts. This include allocating cost both internally within Market Operations and throughout HSBC Operations area.
• Calculate the cost for Back valuation and claims.

3. Ensure escalation procedure is being observed and any unresolved issues are escalated as per escalation matrix in a timely manner. 100% Compliance with procedure during desk review.
4. To ensure ‘knowledge retention’ in the team by reinforcing risk and control concepts through continuous staff training and mentoring.
5. Ensure escalation procedure is being observed and any unresolved issues are escalated to Manager in a timely manner.

Requirements

• A degree in banking / financial / management / business administration / accounting exposure
• A working knowledge of Global Markets processes and trade lifecycle
• A working knowledge of regulatory reporting would be advantageous

• Sound knowledge and understanding of the Nostros Funding process and CMS Systems
• Strong understanding of MI reports
• Ideally 2+ years tenure within an Investment Banking Operations environment, exposure to Cash Management, Cash Services Operations and/or FX Operations functions is essential
• Good knowledge and understanding of Nostros Funding Process, Payment and Foreign Exchange.
• Ideally 3+ years tenure within Global Banking and Market Operations environment or Payment.
• Possess knowledge on MS Office and with good numerical and analytical
• Abilty to manage good relationships across mutiple business lines and GBM Hubs
• Ability to problem solve, articulate requirements and implement change .
• Strong leadership and teamwork skills
• Strong written and verbal communication skills
• Hitting Repeating Deadlines to a high standard – self disciplined and organised
• Attention to Detail, self audit of own work
• Escalation – ability to recognise when a task should be escalated and following through to ensure management are aware
• Resilience and Drive
• Able to deal with a very dynamic business where various factors will have an impact on work volumes, and how work is handled / processed. Nature of business is such that any error committed exposes the Group to risk of loss.
• Requires ability to creatively resolve issues arising on a day-to-day basis, with an overriding view of minimizing any loss arising.

You’ll achieve more when you join HSBC.

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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