Post Trade Analyst

Location:Greater London
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Description

Role Title: Post Trade Analyst

Business: HSS

New or Existing Role? New

Grade: GCB5
Role Purpose
  • HSS Treasury Operations is a dynamic department that works with partners across the HSBC Global Banking and Markets business to deliver Securities Lending and Treasury Product solutions to clients.
  • The role is within the Treasury Operations Collateral & Trade Management function who act as operational support for the HSS Securities Lending Trading desk. Acting as point of contact for pre and post-settlement queries the Post Trade analyst will have extensive interaction with the trading desk and the other Treasury Operations functions such as Recall management, Settlements, Control and Corporate Actions as well as representatives within the HSBC sub custody network. The team are responsible for the securities lending trade lifecycle from point of execution using all internal and proprietary front and back office systems overseeing the timely and efficient delivery of securities on behalf of our clients. The HSBC Agency Securities Lending business has access to a significant global asset pool from which it generates a valuable revenue stream for its clients.

Customers/Stakeholders include:

  • Sovereign Wealth Funds
  • Pension Funds
  • Asset Managers
  • Broker Dealers / Investment Banks
  • The Post Trade Collateral Analyst will be responsible for ensuring that HSS and our clients are risk protected by remaining fully collateralised in line with HSS and client stipulated mandates and by overseeing the timely settlement of new lending positions and their subsequent return.
  • The role holder must be able to coordinate comfortably with multiple desks and people and be able to quickly learn new systems and processes. The ability to manage departmental projects is also preferred.
  • The role holder will ensure the HSBC values are present in everything they do, both individually and as an organisation. This will be achieved by consistently displaying the behaviours of:
  • Dependable and do the right thing
  • Open to different ideas and cultures
  • Connected to customers, communities, regulators and each other
Responsibilities
  • To analyse the collateral held as part of the Securities Lending program, comparing to pre-set business limits, introducing mitigating controls and parameters in order to prevent exceptions and exposures.
  • To understand the current and future regulatory environment and apply those requirements to our processes.
  • To build good working relationships with our counterparts and monitor their performance. Arrange regular reviews and use example based feedback to address any examples of poor borrower performance
  • To ensure that all clients are fully collateralised in accordance with their own and HSS’s mandates and that there are no exposures either at close of business or intra-day that will lead to reputational and/or financial risk
  • To oversee the timely settlement of client lending positions and their subsequent return, investigating and resolving any reconciliation exceptions that arise in the process.
  • To continually re-assess the operational risks inherent in the business taking account of any changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management re-structures and the impact of new technology
  • To identify and fully contribute to any operational improvement initiatives in areas such as IT and Control
  • Ensure compliance with all relevant regulatory, legal, audit, bank and group requirements
Management of Risk
  • Ensure compliance with all relevant regulatory, legal, and Bank requirements including Group Standards Manual and Functional Instruction Manuals

Observation of Internal Controls

  • Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.
  • The jobholder is subject to compliance with FCA rules, general Bank guidelines and normal budgetary disciplines.
  • Understands, follows and demonstrates compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which the jobholder is involved, specifically Internal Controls and any Compliance policy including, inter alia, the Group Compliance policy.