Middle Office Desk Support

HSBC; London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading banking institution is seeking a Middle Office Desk Support professional for a 6-month contract in London. You will provide crucial operational support to equity and prime finance desks, managing trade bookings, communication with global teams, and enhancing operational processes. Ideal candidates should demonstrate strong understanding of the equity business, be proactive, and possess excellent communication skills.

Qualifications

• Experience in a trade support role covering equity or debt securities desirable.
• Understanding of Trade lifecycle events including corporate actions is beneficial.
• Proactive and self-motivated, able to problem-solve under pressure.

Responsibilities

• Oversee Trade Bookings exceptions and monitor trade flow.
• Manage Cash and Prime Client trade flow and resolve exceptions.
• Liaise with settlement teams and drive operational improvements.

Skills

Understanding of the Equity business and products

Operational risk understanding

Strong teamwork skills

Strong written and verbal communication skills

Job description

Middle Office Desk Support

London / Hybrid

6-month contract

£350.00 p/d PAYE

HSBC Global Banking and Markets is an emerging markets-led, financing-focused business that provides investment and financial solutions. Through our international network, we connect emerging and mature markets, covering key growth areas. We partner with our corporate, government and institutional clients to help them achieve consistent, long-term performance. Our products and services include advisory, financing, prime services, research and analysis, securities services, trading and sales and transaction banking.

We are currently seeking an individual for a Middle Office Desk Support role.

The role is within the Equites Middle Office function within Market Securities Services Operations. The team covers Cash Equity, Equity Derivatives and Securities Financing. Securities Financing encompasses Prime Finance, Delta One trading, Stock borrowing and Lending, and Collateral Treasury trading. The primary purpose will be to provide proximity operational support to the Cash Equity and Prime Finance desks. There will be scope to cover other areas of Equity Derivatives in due course.

In this role, you will:

• Oversee Trade Bookings exceptions, verification, and control monitoring of exception trade flow
• Manage Cash and Prime Client trade flow and desks interaction to resolve T0 and T+1 exceptions.
• Trade lifecycle management including corporate action processing, fixings, coupon calculations, trigger monitoring, break clause and expiry monitoring.
• Liaison with our settlement teams regarding unsettled Securities, Cash Flows, outstanding Trades and reconciliation issues.
• Work closely with extended team based in Manila, Paris, New York, London and Hong Kong.
• Drive to improve operational robustness and risk reduction.

Requirements:

• Demostrate good understanding of the Equity business and products.
• Strong understanding of operational risk
• Experience of working in a trade support role covering equity or debt securities is desirable but not essential
• Relevant experience of dealing with Front Office stakeholders
• Understanding of Trade lifecycle events including corporate actions events would be beneficial
• Pro active, confident and self-motivated with the ability to problem solve and work under pressure within a fast paced environment
• Strong teamwork skills
• Strong written and verbal communication skills

If you think you are up for the task and feel you meet the above criteria or interested to hear more information, please contact me on [e-mail]

Please note, in the event of a high volume of applications for this role, we will not be able to respond to each individual applicant. Unfortunately, if you have not been contacted within 7 days then we will not be progressing with your application. Thank you for your understanding