Manager - Processing - Middle Office (Static Data - UK)
Quezon City, Metro Manila, Philippines · Hybrid
Senior$16B raised
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Skills: Static Data Maintenance, Team Management, SWIFT Messaging, Securities Services Operations, Stakeholder Management
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Program Head - Information Systems
Quezon City, Metro Manila, Philippines · On-site
Senior
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Manager - Processing - Middle Office (Static Data - UK)
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Full-time
bachelor degree
Professional Development, Flexible Working
Posted 57d ago
~40 hrs/week
Responsibilities
Manage a team responsible for maintaining static data for Middle Office and Fund Administration clients to ensure seamless fund launches and exception clearing. Coordinate with external brokers and custodians while overseeing operational effectiveness across multiple regions and jurisdictions.
Requirements
Requires a university degree and industry experience in securities services operations, including the ability to interpret SWIFT messaging. Candidates must demonstrate strong leadership skills, the ability to resolve complex issues, and effective communication capabilities.
Full job description
Some careers shine brighter than others.
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 simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
HSBC is one of the largest banking and financial services organisations in the world, with operations in 62
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 Manager - Processing.
Why join us?
MSS Operations drive every part of the trade lifecycle post execution from control and settlement through to the delivery of seamless client service. We incorporate our business activities across multiple strategic locations on an end-to-end basis as an integrated extension of the business' global footprint and structure.
Fund Services Middle Office is designated to facilitate the provision of services to the client in a consistent manner irrespective of the clients underlying. Our strategy is to support the integration of our clients' chosen Front Office software by enabling the efficient transfer of data between the client and HSBC and ensuring an operationally seamless end to end model.
The Opportunity:
The role is responsible for managing a team working on the maintenance of static data for multiple Middle Office and Fund Admin clients within agreed quality, timing and output targets. The role involves contact with clients and other external parties such as broker and custodians. The job holder is responsible for ensuring static data is ready for fund launches and updates are made to clear Middle Office and Fund Admin exceptions.
In this role, you will:
Impact on the Business/Function
Typically Managing 4-8 FTEs
USD1m-1.75m, dependent on local site costs
Traditional clients, supporting product / sub products at a regional level as follows:
Single Product: Middle Office
Multiple Sub Products: Trade Matching, Treasury Settlements, Settlements Control, Cash Processing and FINS Data
Customers / Stakeholders
Supporting single product and multiple sub product, multiple regions, multiple jurisdictions as follows:
Multiple Region: (Europe / APAC)
Multiple Jurisdictions: (Edinburgh, Hong Kong)
Leadership & Teamwork
Typically managing 4-8FTE, dependent on current BAU footprint and projected growth
Will be responsible for leading the team in Manila, Philippines for Middle Office.
Operational Effectiveness & Control
Multiple Product / Sub Product. Multiple Region / Multiple Jurisdiction - Significant complexity/risk and engagement with business partners and external market / client/Auditors. New clients are being on-boarded directly in the SSO, with expectation of BAU delivery from day 1.
Migration of more complex activities from multiple jurisdictions to HSSO.
Operational risk threshold through 'single event' control failure identified to USD10m based on 3–5-year data.
Large variation and the manual nature of processes required by Product / System / Country / Client
To be successful in this role, you should meet the following requirements:
University Graduate
Knowledge & industry experience related to securities services operations
Able to read and understand swift messaging.
Aptitude for investigating and resolving complex issues and bespoke situations.
Ability to build and maintain relationships with colleagues and both internal and external parties.
Ability to communicate effectively in writing and verbally.
Ability to plan and organize the team’s workload to meet deadlines, considering relative priorities.
Proven ability to work independently and to motivate and influence others.
Desire to achieve service excellence which is recognized by all HSS clients, competitors and industry bodies.
Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.
Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritised.
The chosen candidate for this role will be required to undergo enhanced vetting. Subject to local laws, this will require the individual to satisfactorily pass a series of additional checks as part of the recruitment process and on an ongoing basis, if appointed to the role. HSBC Group reserves its position with regard to any steps which it may take in relation to any material adverse findings which arise either when the checks are originally completed, and/or if relevant, on an ongoing basis. For more information about the enhanced vetting for this role please contact the recruiter for this role.
You’ll achieve more when you join HSBC.
HSBC is 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. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
Opening up a world of opportunity for our customers, investors, ourselves and the planet.
We're a financial services organisation that serves more than 40 million customers, ranging from individual savers and investors to some of the world’s biggest companies and governments. Our network covers 58 countries and territories, and we’re here to use our unique expertise, capabilities, breadth and perspectives to open up a world of opportunity for our customers.
HSBC is listed on the London, Hong Kong, New York, and Bermuda stock exchanges.
To view our social media terms and conditions please visit the following webpage: http://www.hsbc.com/social-TandCs
Offices: 8 Canada Square, London, E14 5HQ, GB · 1 Queen's Road Central, Central, Hong Kong, HK · Florida 201, Buenos Aires City, Buenos Aires Autonomous City 1005, AR · 425 5th Ave, New York, NY 10018, US · DUONG Dong Khoi 1, Ho Chi Minh City, Thanh Pho Ho Chi Minh, VN
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How many Data & Analytics jobs are open in Quezon City, Philippines right now?
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