Middle Office Product Manager

HSBC; City of Edinburgh; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading global financial services organization is seeking a Middle Office Product Manager to own all Middle Office product components. This role involves identifying product improvement opportunities, aligning product architecture with IT frameworks, and providing thought leadership. The ideal candidate will have extensive operational experience in collateral and derivative products. The position is based in Edinburgh and includes comprehensive professional development and competitive benefits.

Benefits

Private healthcare

Enhanced maternity and adoption pay

Contributory pension scheme

Qualifications

• Knowledge of Middle Office Products and Operating Model.
• Significant operational experience in securities services.
• Demonstrated experience in leading Middle Office implementation projects.

Responsibilities

• Identify opportunities for product improvement and drive process improvements.
• Align product architecture with IT architectural blueprint.
• Provide thought leadership through promotion of best practices.

Skills

Knowledge of Middle Office Products

Operational experience in securities services

Stakeholder management skills

Experience in leading Middle Office projects

Tools

DTCC

Markit

Calypso

Acadia

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.

HSBC Corporate & Institutional Banking 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 a professional to join our team in the role of: Middle Office Product Manager – Collateral and Derivatives

The primary purpose of this role is to own all Middle Office product components whilst defining Middle Office requirements for Funds products, including operating model, sales and pricing strategy, marketing and brand adherence.

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:

• Identify opportunities for product improvement and differentiation, efficiency and standardisation, scalability and drive process improvements
• In conjunction with IT, align the Funds Middle Office product architecture and design to the IT architectural blueprint in addition to designing and maintaining global product definition documentation and relevant elements of sales collateral for Middle Office elements of Fund products.
• Provide thought leadership both internally and externally through promotion of best practices, interaction with trade publications, speaking on public trade forums.
• Make approved Middle Office presentations directly to Funds clients at User Groups, and in response to specific requests from global sales & marketing to represent middle office product elements at client meetings.
• Preparation and delivery of periodic reports within set deadlines in relation to the performance of the middle office product

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

• Knowledge of Middle Office Products and its Operating Model as well as commonly used market platforms (i.e. DTCC, Markit, Calypso, Acadia) in addition to a background in product management and delivery
• Significant operational experience in securities services, specifically middle office processing, with extensive knowledge of collateral and derivative products (listed and OTC) is essential
• Demonstrated experience in leading Middle Office implementation and transformation, automation and digitalisation projects with strong stakeholder management skills
• Experience of working in a large scale and complex Middle Office change environment with knowledge of systems implementation lifecycle and testing methodologies

This role is based in Edinburgh

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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