Assistant Vice President, Clearing and Settlements

Position

Assistant Vice President – Clearing & Settlement Operations (Custody Settlement / Broker Dealer Third Party Clearing)

Work Location

• Primary location: Tokyo – Nihonbashi Office

The office is planned to relocate to Yaesu area around 2029.

• Occasional work from the Omiya office may be required depending on operational needs

Role Purpose

The Assistant Vice President (AVP) supports the day-to-day trade operations in Japan covering Clearing & Settlement activities across both Custody Settlement and Broker Deader Clearing.

The role sits within Securities Services (SSV) Operations Japan in Markets & Securities Services (MSS) Operations Japan and supports multiple operational streams including Custody Settlement (Equities / Japanese Government Bonds) and Broker Dealer clearing activities.

Depending on business needs and individual development, team members may develop expertise across these areas over time.

This role operates within a high-volume post-trade operational environment supporting significant transaction flows within the Japanese financial market and requires a hands-on operational mindset.

Why Join Us?

This role provides a strong opportunity to build meaningful expertise in Japan’s highly sophisticated post-trade infrastructure while working within a globally connected financial institution.

Exposure to the Japanese market infrastructure

Work directly with key market infrastructures such as JASDEC, BOJ, JDCC and JSCC, gaining hands-on experience in the operational backbone of Japan’s financial markets.

Broad operational experience

The role offers exposure to both custody settlement and broker dealer clearing operations, allowing professionals to develop well-rounded expertise across clearing and settlement activities.

Long-term career development

For professionals who enjoy hands-on operational work and solving real-world settlement challenges, this role provides a solid platform to develop deep expertise in securities services operations and grow within the clearing and settlement domain.

The role sits within HSBC’s long-established presence in Japan, where the bank has supported the country’s financial markets for more than a century.

Securities Services is recognized as one of the bank’s key global product pillars, playing an important role in supporting clients and market infrastructure while contributing to the stability and resilience of the organization.

Key Responsibilities

• Perform daily clearing and settlement operations across Japanese post-trade infrastructures including JADEC, BOJ, JDCC and JSCC.
• Support settlement processes across multiple asset classes with particular focus on equity settlement and broker dealer clearing activities.
• Monitor settlement lifecycle events and resolve settlement exceptions in a timely and controlled manner.
• Investigate and resolve settlement breaks, falls and operational incidents.
• Coordinate closely with internal teams, offshore operations teams, market infrastructures, counterparties and clients.
• Maintaining strong operational control standards in line with internal policies and regulatory expectations.
• Support operational improvements and contribute to initiatives aimed at enhancing efficiency and reducing operational risk.
• Participate in incident management and contribute to post-incident reviews and process improvements.
• Provide operational insights and participate in client due diligence meetings or operational discussions as a subject matter expert (SME) when required.

Major Challenges

The role operates in a high-volume and operationally complex settlement environment where accuracy, timeliness and operational discipline are critical.

While the team continues to enhance automation and operational efficiency, manual processes and exception management remain an important part of daily settlement activities.

The role requires individuals who are comfortable working in a detailed operational environment, managing settlement exceptions and collaborating with multiple stakeholders to maintain operational stability.

Role Context

The Clearing & Settlement team sits within SSV Operations Japan in MSS Operations Japan and supports both custody clients and broker dealer clients through third-party clearing services.

The team works closely with global stakeholders, offshore operations teams and local market infrastructures, requiring effective communication and coordination across locations.

Team members contribute to the stability of Japan’s post-trade ecosystem while developing deep operational expertise across settlement processes and market infrastructure.

Qualifications

• Experience in post-trade operations, settlement operations or securities operations.
• Understanding of Japanese market infrastructure such as JASDEC, BOJ, JDCC or JSCC is required.
• Experience in custody settlement (equities) or broker dealer clearing operations would be advantageous.
• Ability to work effectively in a high-volume operational environment.
• Strong attention to details and operational risk awareness.
• Ability to collaborate effectively with internal teams, offshore teams, and market participants.
• Business-level English communication skills required to interact with offshore teams and global stakeholders.
• Strong communication and interpersonal skills, including the ability to interact with clients when required.
• Interest in developing long-term expertise in Japan’s post-trade environment.

Department Profile

SSV Operations in MSS Operations Japan supports post-trade activities for clients including banks, broker dealers, asset managers and institutional investors.

Operations are organized across several product streams including Custody (Direct Custody and Clearing), Funds Services and Transfer Agency, supported by line control, business management and transformation functions.

Within Japan, the Clearing & Settlement team supports both Custody Settlement and Broker Dealer Third Party Clearing (TPC) activities across Japan’s sophisticated post-trade infrastructure including JASDEC, BOJ, JDCC, and JSCC.

The team plays a critical role in ensuring the safe, accurate and timely settlement of transactions while supporting clients and market participants in Japan’s highly developed financial markets.