Head of Securities Services, India

Ready to shape HSBC Securities Services growth and governance in India?

Why HSBC

HSBC is one of the largest banking and financial services organisations in the world. Guided by our purpose of opening up a world of opportunity, our ambition is to become the world’s most trusted bank globally, putting customers at the heart of everything we do.

The Role

HSBC Securities Services (SSv) is a global provider of Direct Custody & Clearing Services, Fund Services and Issuer Services and in India we offer a full suite including custody, clearing, fund accounting and issuer services. As Head of SSv India you’ll be responsible for all facets of the SSv business in country aligning SSv strategy and ambitions with the wider priorities of India. Reporting locally to the Country MSS Head and functionally into the SSv Regional Head the role is a key member of the regional management team with responsibility for managing and developing the SSv franchise in India. Success means setting a clear country strategy delivering revenue cost and PBT outcomes in line with agreed targets and risk appetite and strengthening SSv’s profile with clients regulators and industry bodies. You’ll work across a matrix of onshore and offshore teams spanning Sales Client Management Product Commercial Management Operations DBS COO NFR and Country Management. The role sits in a highly regulated environment where balanced judgement on local regulation client needs and risk is central to day-to-day decision making.

What you'll be doing

• Define and refresh the SSv India country strategy factoring market industry regulatory developments and client feedback
• Align priorities and book of work with SSv sector and function strategies then execute agreed initiatives at pace
• Deliver FRP revenue cost and PBT outcomes in line with agreed targets and risk appetite
• Manage country-level resources budgets and AOP inputs to ensure agreed initiatives and mandates are fully reflected
• Establish annual marketing client relationship visitation and market advocacy plans aligned to CIB coverage client plans
• Build senior relationships across clients prospects regulators market participants industry bodies and other third parties
• Set and oversee the country product and technology roadmap with DCC Fund Services and Issuer Services including execution governance
• Agree and deliver operational efficiency initiatives including automation risk mitigation enhanced client experience and productivity outcomes
• Govern the country risk and control environment including non-financial risk embedment and timely closure of audit and regulatory actions

What we're looking for

• Bring substantial senior experience managing a securities services business including DCC Fund Services and Issuer Services or equivalent leadership experience
• Demonstrate broad business management capability across people development client management business planning financials marketing and risk management
• Apply strong knowledge of SSv products target client segments and connectivity into other business lines and transaction banking verticals
• Show deep understanding of the investment industry surrounding processes and the regulatory environment in India
• Operate effectively in a matrix environment partnering across sectors global product heads global functions and local HSBC structures
• Influence and coordinate with senior stakeholders at local and regional level across onshore and offshore teams
• Communicate clearly in writing and verbally with the ability to represent SSv externally with authority
• Manage multiple priorities in a pressurised environment while maintaining a focus on fair outcomes and risk discipline

Building SSv’s India franchise

This is an opportunity to set direction for a major securities services franchise in a fast-evolving market. You’ll shape strategy across custody clearing fund services and issuer services while strengthening relationships with clients and the wider market ecosystem. The role offers significant scope to improve client outcomes through product and technology roadmaps and operational efficiency initiatives. If you’re ready to take on a country-wide remit with meaningful commercial and risk accountability we’d welcome your application.