If you’re looking for a career where you can make a real impression, join Global Service Center (GSC) 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 Middle Office Control Specialist
Role Purpose:
Responsible for performing the reconciliation processes for FX between Front Office and Back Office systems for post-trade and post-settlement. Generate and monitor daily and ad-hoc reports for suspicious, non-compliant, and/or at- risk trading activity. Support the Operations and Reconciliation activities for FX and IR Futures for HBUS. Act as a key point of contact for the various Operations teams for transaction issues. Perform post-trade allocations for clients’ block trading activity. In addition, the role requires all trade issues to be monitored, escalated as necessary, and resolved in a timely and efficient manner.
Main Activities
Ensure details within operations systems reconcile to the front office risk system by monitoring back-office exception queues and daily reconciliations.
Perform future reconciliations to ensure positions are accurate and brokerage fees are updated within systems.
Coordinate the resolution of exceptions with internal stakeholders including front office staff, IT and product control.
Run daily MI for control reporting to the front office and provide commentary on exceptions for further review.
Perform post-trade allocations of client block trades for timely confirmation and regulatory reporting.
Review and validate all relevant daily operations tasks are completed.
Exercise superior client service through professional phone and email communications with internal (and external where applicable) clients
Supports all IT projects and new business objectives to ensure they are implemented on schedule with no issues.
Adheres strictly to compliance and operational risk controls in accordance with HSBC and regulatory standards, policies and practices, reports control weaknesses, compliance breaches and operational loss events. counterparts to ensure consistency and alignment to target operating models within the Middle Office
Ability to quickly grasp new industry practices
Product knowledge
Ability to learn new processes quickly
Knowledge of financial processing systems and accounting
Understanding of the “Best Practices” and back-to-front product flow to manage Operational Risk
Competencies:
Communication
Ms Excel
Knowledge of Equity
Fixed income
Compliance
Operational risk control
Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritised.
At HSBC we offer our colleagues a greater number of leave days so that they can fully enjoy their wedding, take care of the new member of the family, or grieve the loss of a family member. Our paid leave package is at the forefront in Mexico, now you have one more reason to be HSBC and proudly live a culture of well-being, balance, and care.
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.
Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
***Issued By HSBC Electronic Data Process Mexico Private LTD***