Job details
Job type full-time regular / permanent
Full job description
Business: markets and securities services - controls
Role title: associate / srAssociate – toxic combination
Location (country / city): bangalore
Why join us:
Hsbc`s markets and securities services (mss) business is one of the largest of its kind in the worldIt combines sophisticated 24-hour global coverage with a detailed knowledge of local marketsThe services are offered through a network of 87 treasury sites in more than 60 countries and territories worldwideThe trading and sales forces attend to customers that include the world`s central banks, international and local corporations, institutional investors, financial institutions and other market participantsMss specializes in foreign exchange, credits and rates, structured derivatives, equities and debt, equity and equity-linked capital markets.
The mss control office is an extension of the mss coo office, and the office will partner with business management in the embedding, remediation and improvement of the control environment in respect of key risks to the mss businesses, including the testing and assurance requirements of the group operational risk management frameworkThe office will deliver on control related priorities in a well-organized, effective, and collaborative manner.
The opportunity:
The role holder will be involved in the toxic combinations bau team which is part of the global control office, ensuring the adequacy and efficacy of the control environment.
The role holder will be supporting the controls office in embedding and operating a process governing an advanced segregation of duties (sod) recertification that identifies potential front to back access right conflicts for line managers to recertify.
The role holder will ensure the hsbc values are present in everything we do, both individually and as an organizationThis will be achieved by consistently displaying the behaviors of being:
Dependable and do the right thing
Open to different ideas and cultures
Connected to customers, communities, regulators and each other
What you’ll do:
Sourcing of all data required for the creation of the toxic combination reports, while ensuring appropriate quality assurance takes place prior to consumption.
Review sod framework, validate sensitive business transactions (sbt) definitions.
Confirm which sites and business processes (i.eAsset classes) should be in scope.
Develop (new) and refresh existing system landscape diagrams to identify any new systems.
Validate systems in scope and any new additions.
Remediate any inherently toxic profiles.
Support compilation of all reports and ensure timely delivery to regional/country representatives and other stakeholders.
Maintenance of the applicable tools and development of new data feeds or enhancements where necessary to improve scalability and robustness.
Monitor, track, maintain, and report on status of toxic combination reviews once report delivery is achieved.
Ensure all queries from stakeholders are dealt with in a complete and timely fashion.
Analyse and report on any gaps or inadequacies in the applicable tools and overarching control processes.
Customer / stakeholders:
Markets coo community including regional coos, asset class coos, and business managers
Data custodians and technology representatives within application support teams, hr and product control
Controls office community including regional and asset class control officers as well as associated change and assurance teams
Requirements
What you will need to succeed in the role:
Excellent communication and negotiation skills.
Proven organizational, planning, interpersonal, managerial, analytical, problem-solving, decision-making, and team building skills.
Appreciation of financial industry and key regulation on the financial markets practices
Minimum bachelor’s degree in related field such as business, finance, law or equivalent experience; master’s degree preferred.
Demonstrated ability to work with multiple stakeholders and manage their expectations
Ability to interact in a professional manner at all levels in the organization incl markets senior management community – global product heads, country balance sheet heads and the mss chief control officer and associated resources.
Ability to turn around deliverables with short lead time and be able to work with different cultural groups to build consensus.
What additional skills will be good to have:
Proficient in excel and powerpoint.
Advanced vba and ms access database skills.
Proficient in analytical tools like alteryx and tableau.
Good understanding of controls and the operational aspects underpinning control processes
Demonstrated ability to work with multiple stakeholders and manage their expectations
Motivated and dynamic, with the ability to manage multiple tasks and respond to urgent requests
Ability to work closely with team members and collaborate with colleagues globally
Confident and comfortable with reporting tools and databases, able to quickly to learn new systems
Strong organisational and time management skills, with a structured, organised approach to work
You’ll achieve more at hsbc
Hsbc is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions countWe take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environmentWe 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 processing (india) private ltd***
Hiring insights
Job activity
Posted today
