Operations Associate

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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 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 Operations Associate.

In this role, you will:

The specific role is to ensure timely and accurate production of Off-Market Rate Checking and Best Ex Monitoring which is a key control in mitigating operational risks of inappropriate trader activity and reputational risk.

Investigate any transactions which appear not to have been executed at either prevailing market rates OR done beyond the acceptable thresholds of market price range and the inception profit.

Challenging traders on Best Ex exception reasons. Documenting and assessing for reasonable explanation from front office. Highlight exceptions to the head of the Trading Desk with reasons for formal review.

Escalating unreasonable rationale or pattern of suspicious activity to management. Preparing and distributing the relevant MI for the process to trading and management.

Responsible for ensuring that the service delivery of above tasks as per the standards agreed, while operating in a well-defined control environment.

Conduct continuous review of processes with the objective of improving the service delivery timeframes and identify areas of improvement.

Initiate, implement and participate in high-impact quality projects leading to operational efficiency and higher productivity (Within Six Sigma, Lean process improvement methodology).

Perform effective UAT and provide for any ad hoc tasks. Exercise high degree of governance and control mechanism. Responsible for ensuring that the Performance Standards as defined in PLA met or exceeded.

To be successful, you will:

Qualified Chartered Accountant/CFA pursing/MBA Tier I and if from Tier II institute with around 1 year of Qualified Chartered Accountant/CFA pursing/MBA Tier I and if from Tier II institute with around 1 year of experience in Product Control, Middle Office, Front Office Operations environment, and organization of similar scale with US GAAP, IFRS, IAS reporting framework.

Knowledge of various products like Equities, Foreign Exchange, fixed income, Derivatives - Options, Interest rate swaps, Equity Derivatives, Credit Derivatives etc.

Proven ability to manage migrations of finance processes and exposure to diverse/multi-culture work environments with strong organization, time management and prioritization skills.

Excellent communication and presentation skills are mandatory, as are good tact and diplomacy, since the role requires relationship management with other individuals and teams within the HSBC Group.

Interpersonal skills, persistence, ability to work effectively with senior & junior staff, ability to challenge inputs from senior colleagues in a constructive manner, ability to give feedback positively, co-ordinate work across multiple teams.

Orientation towards Quality (Six Sigma/Lean methodology) and technical bent of mind.

Proficiency in MS Office Suite; Exposure to Project Management Software.

Global Exposure and experience in multi-tasking.

You’ll achieve more when you join HSBC.

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Issued By HSBC Electronic Data Processing (India) Private LTD