Rates Desk Support - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

a unique opportunity to work at HSBC within their G10 Rates Sub-team which offers support and rewards that will take you further within your career.

Role Purpose:

The job holder will be a key role within the G10 Rates sub-team which is responsible for the trade capture and life cycle management of all G10 Interest Rate Derivative transactions

Functions include:
Timely Trade Capture for Trading and Sales team,
Real time risk management,
Trade Data enrichment and repair
Life cycle event processing,
Compressions and package processing
Query management

The team is also the escalation point for Operations teams onshore, offshore and operational issues for FO Business Management, Trading and Sales Teams.

This role demands the individual deliver a high level of service

This requires:
Pro-active engagement with internal and external stakeholders, both regionally and globally.

Liaison with a variety of teams' front to back to ensure timely responses to queries & swift resolution of issues.

Strong communication skills, ability to multi task and work in a pressurised environment and treat all stakeholders with equal respect is essential.

The individual to have an awareness of the Industry/Regulatory improvements within the Derivatives market, and how that may impact the day-to-day processes.

A strong risk focus and maintaining a robust control environment.
The ability to independently identify and drive process improvements, operational robustness and reduce risk
providing oversight of key operational risk indicators and ensuring appropriate escalation to both sales, trading and operations management where required
Strong engagement with Technology & Change teams on short/medium terms initiatives, as well as strategic programs.
Key Responsible
Driving the adoption of the HSBC Ways of Operating and the transition from a project to a product mindset with VS stakeholders
To ensure strong and effective operational control whilst supporting a delivery agenda
Consideration of multiple functional delivery teams operating across multiple geographies
Challenging ways of working which do not conform to the highest operational standards Knowledge and Experience:
Excellent Product knowledge of IRS is required
Front to back understanding of Trade Flow, including Trade Capture, Confirmation, Settlements, Compression, reconciliations and Valuations
Experience of real time risk trade capture into Summit or Markitwire
Having the ability to adapt to a constantly changing environment and the ability to problem solve
Excellent written and oral communication skills
Attention to detail and ability to prioritise appropriately, work under pressure and unsupervised.
Prior and current understanding and experience of regulatory initiatives and programmes of change at an industry level.
Control focussed with strong awareness of Operational risk, supporting the front to back process.
Strong focus on root cause analysis with the aim of driving process improvement
Becoming the main point of contact for trade lifecycle related queries from infrastructure partners such as Trading
Sales, Operations, Product Control and Market Risk; ensuring a good working relationship is established across all these teams
Working with wider front to back teams to improve break and query workflow
Lead process improvements - recognize inefficiencies or gaps, recommend improvements and help implement new processes
Strong team working skills
Relevant experience of dealing with senior Front Office stakeholders, preferably from a trading floor environment would be preferential
Advanced Excel skills and knowledge of SQL would be highly beneficial but not essential.
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 thatwill take you further.