Manager Treasury Operations

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Business Descriptor

HSBC Corporate and Institutional Banking is a markets-led, financing-focused business that provides investment and financial solutions. Our Markets business is one of the largest of its kind in the world. It combines sophisticated 24- hour global coverage with a detailed knowledge of local markets. Our services are offered both online and offline in more than 60 countries and territories worldwide. We specialise in foreign exchange, credits and rates, structured derivatives, equities and debt, equity and equity-linked capital markets. 

Job Introduction 

To ensure timely and accurate processing of all FEX / derivative deals done by Global Markets, India including handling of documents, regulatory reporting, FIM compliance and liaising with Internal and External stakeholders.

Principal Responsibilities 

• Accurate and timely processing of all Interbank FX deals done by Front office within appropriate cut off times.
• Accurate and timely reporting of trades to Trade repository including trade life cycle events
• across the products.
• Monitoring of Trade Matching Platforms
• Accurate processing of all Corporate FX deals done by Front office
• Ensure all confirmations and payments are sent in time   
• Ensure compliance with all regulatory and internal control requirements
• Ensure all required documents are received from Client on timely basis
• Ensure appropriate action taken and responses are provided as per the agreed TAT
• To provide internal customers with the highest level of service through understanding customer needs and establishing good relationships, with improvement from benchmark by year end
• Support new Treasury business initiatives
• Maintain a high level of control over correspondence both internal and external
• To be updated with Regulations and Policies
• Contribute to sustaining team morale and motivation within the department
• Ensure atmosphere of the team is maintained with open communication amongst the team and with managers
• Provide suggestions and assist in streamlining processes with a view to reducing manual effort and achieving higher efficiency/accuracy and cost savings
• Ensure strict cost control discipline

Role Requirements / Education Qualifications / Certifications / Experience:

HSBC Treasury has to operate in an environment which is highly controlled and regulated through numerous laws and regulations. The jobholder is guided by the Global Banking & Markets FIM, RBI's Exchange Control manual and various guidelines issued from time to time, FEMA, FEDAI & FIMMDA guidelines, Internal Control guidelines and market best practices.

Any discrepancy on this desk may directly result into regulatory default or non-compliance, major challenge for this desk is to maintain a high level of accuracy while adhering to extremely demanding time constraints. Jobholder should strive to build robust intraday controls to mitigate such defaults/ risks.

Jobholder needs to ensure that effective checks and balances are in place and timely and accurate information is submitted.

The thinking challenge in the job is to suggest ways to streamline workflows to cut processing time without compromising on controls. To ensure that electronic settlement mechanisms are implemented without any compromise on controls.

Pro-tip : Familiarity with AI-enabled tools is an advantage.

Additional Information

• Mandatory to successfully complete Anti-Money Laundering and Sanctions training and post-course assessment, as required.

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Issued by The Hongkong and Shanghai Banking Corporation Limited, India