Avp - Middle Office Scotland - Mnl

HSBC•Quezon City, MN

25d

About The Position

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 AVP - MIDDLE OFFICE HONG KONG - MNL. Principal responsibilities To lead and manage the HSSO Middle Office Team & Process in Manila, Philippines Accountable for financial planning to achieve cost targets set for the team Promote relentless focus on service quality across Middle Office Operational disciplines Management of operational processes to meet or exceed service level requirements Accountable for continuous process improvement of existing processes and migration of new functions from the onshore business partner. Drive key employee initiatives to promote and position HSS as the employer of choice. Multiple Accounting practices based on locations Manage annual transformation – Support re-balancing complexity, volume and criticality across HSSOs to align to the HSS Location Strategy and Connectivity between HSSO and Jurisdictions 40-90 FTE. HSS Operation (within Service Centers) is viewed as high growth and strategically important to achieve HSS strategic operating plan. Manage and Lead teams and ensure standardization of activities and service delivery between various jurisdiction centric teams. Engage with the stakeholders to ensure team is aware of the changing expectations and challenges Supporting multiple sub products and regions that have differing market behaviors, but business is focusing on strategic FIG relationships. Business specifications for this role outlined below: Product Range / functions would cover Middle Office Responsible functionally across multiple jurisdictions and multiple products serviced out of HSSO Manila, Philippines Increasing complexity. Turnover 20%, 3- 6-month lead time to achieve threshold competency for new hires. Manage transformation and growth.

Requirements

Business Management is essential
Higher qualifications in Commerce, Accounting, Financial Management is desirable
Candidate will have extensive working experience in the securities industry, to include:
Knowledge of clients and products across range of securities services
Management position with exposure to business partners across multiple geographical locations
Management position with exposure to remuneration, performance management, team building and staff development.
Strong presentation skills, ability to communicate clearly, concisely and effectively in English, both oral and written
Multi-cultural background or experience, ability to work across broad range of cultures in support of HSBC Group values and objectives
Strong analytical skills, high attention to detail
Strong planning and organisational skills, with a proven ability to prioritise competing demands and communicate this effectively
Proven ability to execute and deliver change, within an operational context
Effective leadership with requisite interpersonal skills necessary to direct and motivate a large team to achieve results
Solution orientated; high energy characteristics necessary to support HSS business
Excellent interpersonal skills with the ability to build and maintain global and regional relationships at all business levels
Strong collaborative management skills with the various stakeholders
Detailed knowledge of global market infrastructure.

Nice To Haves

Higher qualifications in Commerce, Accounting, Financial Management is desirable

Responsibilities

Lead and manage the HSSO Middle Office Team & Process in Manila, Philippines
Accountable for financial planning to achieve cost targets set for the team
Promote relentless focus on service quality across Middle Office Operational disciplines
Management of operational processes to meet or exceed service level requirements
Accountable for continuous process improvement of existing processes and migration of new functions from the onshore business partner.
Drive key employee initiatives to promote and position HSS as the employer of choice.
Multiple Accounting practices based on locations
Manage annual transformation – Support re-balancing complexity, volume and criticality across HSSOs to align to the HSS Location Strategy and Connectivity between HSSO and Jurisdictions 40-90 FTE.
Manage and Lead teams and ensure standardization of activities and service delivery between various jurisdiction centric teams.
Engage with the stakeholders to ensure team is aware of the changing expectations and challenges
Supporting multiple sub products and regions that have differing market behaviors, but business is focusing on strategic FIG relationships.
Responsible functionally across multiple jurisdictions and multiple products serviced out of HSSO Manila, Philippines
Manage transformation and growth.