Financial Services Professional
hace 1 mes
HSBC is seeking a highly skilled Derivatives Operations Specialist to join our team in Mexico. As a key member of our Derivatives Operations function, you will be responsible for managing margin calls to and from Central clearing houses, booking manual payments, and researching and resolving breaks on Bank and custody reconciliations.
Key Responsibilities:
- Manage margin calls to and from Central clearing houses
- Book manual payments and knowledge of payments processing systems such as SWIFT
- Experience using vendor/clearing platforms such as GMI, Broadridge, ALGO etc.
- Research and resolve breaks on the Bank and custody reconciliations
- Coordinate collateral allocation between clients and various settlement locations
- Review margin calls to end clients and book client settlements, transfers, journals
- Ensure margin calls are met promptly and in accordance with all rules and regulations
- Run exception reports such as the Aged margin, Residual interest calc, concentration calculation and Remaining margin
- Perform Top day bank recon to ensure all margin is booked and all settlements and origin transfers are settled at the bank
Requirements:
- Experience in Exchange Traded Derivatives and Cleared OTC (Over the counter) derivatives is required (Futures, Swaps, Options)
- Demonstrate understanding of exchange rules and regulatory environment
- Strong communication (verbal and written), analytical, organizational, and planning skills
- Ability to capably interface with a broad range of resources at various levels of seniority / experience and role diversity in multiple geographies
- Strong understanding of regulatory environment in the Listed Futures & Options and Cleared OTC business
- Strong risk assessment, control and testing skills
- Ability to manage conflicting priorities effectively and proven ability to meet challenging deadlines
- Ability to exercise discretion, work independently within broad guidelines, tactfully handle sensitive and confidential data and complete assignments on timely basis
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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