Global Derivatives Specialist
hace 2 semanas
About HSBC
HSBC is one of the world's largest banking and financial services organisations, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper.
Job Description
The role of a Margin & Cash Management Analyst involves managing margin calls and working closely with Global and regional Operations leads. The ideal candidate should possess experience and knowledge in Exchange Listed Derivatives and Cleared OTC (Over the counter) products, including operational processing of margin calls covering cleared derivatives.
This position requires independent work with local and regional management, decision-making responsibility, and the ability to design solutions to control gaps.
Key Responsibilities
- Manage margin calls to and from Central clearing houses
- Book manual payments, utilizing knowledge of payments processing systems such as SWIFT
- Experience using vendor/clearing platforms such as GMI, Broadridge, ALGO etc.
- Experience with Custody/Bond Settlements (Federal Reserve/Depositary Trust Company /Euroclear)
- 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, 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
To succeed in this role, you will need:
- 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
Estimated Salary Range
We offer an estimated salary range of $80,000 - $110,000 per annum, depending on experience.
Benefits
HSBC offers its employees a comprehensive benefits package, including flexible working arrangements, opportunities for professional development, and a culture that values diversity and inclusion.
About Us
At HSBC, we are committed to building a culture where all employees are valued, respected, and empowered to make a difference.
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