Assistant Manager - Foreign Exchange

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 organizations 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 realize their ambitions. We are currently seeking an experienced professional to join our team in the role of Assistant Manager.

In this role, you will:

• The Assistant Manager will be responsible for the timely and accurate settlement of Treasury products on behalf of several of our HSBC entities. The role supports end-to-end operations covering trade validation, confirmation, settlements, and investigations in adherence to the relevant currency funding and payment cut-offs. Provide an excellent level of service and support taking ownership of issues where applicable.
• Provide a single point of contact for the satellite sites and enhance the operational relationship between entities, group offices and their customers. Continually evaluate existing controls, challenging current procedures and suggesting enhancements as appropriate. 

• An individual contributor and supervisor supporting critical operations that include settlements, confirmation & post settlement within the department supporting FXMM product lines and initiatives. Supervises the daily operations ensuring that customers receive quality service through all channels of customer contact.
• Ensures achievement of Performance Level Agreement (PLA) targets by the team, prevent, and mitigate operational losses.  The jobholder will also continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.

• Acquire and update knowledge on procedures related to relevant processes under HBEU Operational Services. Timely confirmation, settlement and investigation of trades.

To be successful you will:

• Degree in finance/management/business administration or related discipline.
• Good all-round product knowledge and MS Office skills and a willingness to further develop both show initiative, a positive attitude to change and a flexible approach to US working hours (Night shifts in IST).
• Work Experience in Foreign exchange, Money Markets, SWIFT Payments. Exposure in confirmations and settlements.
• Knowledge of Treats BOS, TCM, FXMM, and Fixed Income preferred
• Background on European Markets and Infrastructure Regulation would be an advantage.

You’ll achieve more at HSBC 

Hsbc.Com/Careers

HSBC is an equal opportunity employer 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. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.

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