Head of Central Securities Depository Risk

HSBC; Greater London; On-site; GBP 100,000 - 120,000; Full time

Job summary

A leading global financial services organization seeks a Head of Central Securities Depositories Risk in London, responsible for enhancing oversight and managing risks associated with securities. The role requires proven experience in financial markets infrastructure, overseeing risk management processes, and strong leadership capabilities. Employees can benefit from tailored professional development, competitive pay, and healthcare options.

Benefits

Private healthcare

Enhanced maternity and adoption pay

Contributory pension scheme

Qualifications

• Proven experience with knowledge of Central Securities Depositories and Securities Settlement Systems.
• Strong expertise in risk management tailored to financial markets infrastructure.
• Excellent interpersonal skills to collaborate with teams and senior management.

Responsibilities

• Design and execute a risk management model with the FMI Management team.
• Lead a high-performing team for risk oversight and due diligence.
• Create a governance framework ensuring global consistency in risk management.

Skills

Knowledge of Central Securities Depositories

Risk identification and mitigation expertise

Excellent communication skills

Strategic thinking

Job description

Some careers shine brighter than others.

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 that will take you further.

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 a professional to join our team in the role of: Head of Central Securities Depositories Risk

As part of our expanding team, you will play a pivotal leadership role in enhancing our global oversight capabilities, specifically in managing risks associated with Central Securities Depositories (CSD) and Securities Settlement Systems (SSS). You will be instrumental in shaping and developing this new function within the FMI team, ensuring effective risk management and strategic growth.

As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

In this role you will:

• Design and execute a risk management and governance operating model with the support of the wider FMI Management team and FMI Transformation team.
• Build and lead a high-performing team dedicated to risk oversight, due diligence and resiliency management and set up and oversee the management of the global relationship repository to fulfill regulatory reporting requirements.
• Spearhead the creation of a governance framework, ensuring the risk management model is rolled out with global consistency whilst managing significant risks identified through risk assessment or ongoing monitoring through appropriate committees and governance forums.
• Work closely with business stakeholders to define the risk management framework in addition to setting up a small but impactful team to conduct risk reviews and coordinate with internal stakeholders to ensure identified exposures are managed efficiently.
• Assess contingency plans as well as regulatory changes to ensure our resiliency and establish a process to monitor rulebook changes, ensuring all modifications are reviewed and associated risks are managed.

To be successful in this role you should meet the following requirements:

• Proven experience with in-depth knowledge of Central Securities Depositories and Securities Settlement Systems as types of Financial Markets Infrastructure, including global regulatory frameworks, industry standards and operational resilience.
• Strong expertise in risk identification, assessment, mitigation and monitoring, specifically tailored to CSDs and SSS’s with knowledge of securities services products
• In-depth understanding of key industry regulatory developments around securities settlement, e.g. shortening in settlement cycle.
• Excellent interpersonal and communication skills, with the ability to work autonomously and collaborate with cross-functional teams and senior management effectively.
• Self-sufficient in your approach you will have demonstrable expertise in strategic thinking and impact analysis to effectively navigate and adapt to evolving regulatory environments

This role is based in London

Opening up a world of opportunity

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.

We take pride in being part of the Disability Confident Scheme. This helps make sure you can be interviewed fairly if you have a disability, long term health condition, or are neurodiverse.

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