SME GMMO RVQ and R

HSBC Holdings plc; Bengaluru; Vor Ort; INR 3.000.000 - 6.000.000; Vollzeit

Zusammenfassung

HSBC Holdings plc in Bengaluru is seeking an experienced Senior GMMO RVQ and R to lead OMRC and Best Execution Monitoring across asset classes. You will lead a team, ensure governance, and partner with front office and risk teams to uphold market conduct standards.

The role requires 5+ years in Controls within product control or markets surveillance, with strong leadership, stakeholder management, and a proactive mindset to drive process improvements and control enhancements in a global bank

Qualifikationen

• Degree / MBA Finance or similar with at least 5+ years of experience in Controls.
• Experience managing high end Product Control, Surveillance or Reporting.
• Orientation towards Product Ownership.
• Strong understanding of Traded markets products and their valuations.
• Proven leadership in diverse teams with good organization and prioritization.
• Excellent communication, interpersonal skills and integrity.
• Proficient IT skills including MS Excel/Access/Word/PPT.

Aufgaben

• Lead, motivate and manage the team with succession planning and hiring.
• Ensure governance-driven service delivery across PLAs with strong controls.
• Lead and face off to the business on Pricing and monitor market conduct.
• Drive risk management and process improvements across regions.
• Coordinate audits, close-out actions and evidence in line with deadlines.
• Drive strategic planning and decisions in senior management meetings.
• Maintain robust BCP and compliance with data protection and security.

Kenntnisse

Leadership

Stakeholder management

Regulatory & risk awareness

Data analysis

MS Excel

Communication

Ausbildung

MBA Finance or equivalent

Tools

MS Excel

MS Access

MS Word

MS PPT

Jobbeschreibung

Job Title: SME GMMO RVQ and R

• Data and Regulation Reporting is a function in Market & Securities Services Operations. It is globally aligned, cross asset’s operational structure, positioned equidistant from Front office, Operations, Surveillance, Finance and Risk.
• OMRC is the key price monitoring control in HSBC for inappropriate trading and market conduct risks. The OMRC team provide assurance that the Global Markets business is operating within risk appetite with respect to trade capture and inappropriate trading, by overseeing and challenging the all-in trade price executed by the business against specific thresholds. The impact of the objectives of this role not being met would expose the firm to inappropriate trading and trade capture risk, as well as market conduct issues.
• The role of Asset Class Lead of OMRC sits within Trade Conduct Control function of MSS OPS, and specifically in DaRR stream. The OMRC process was migrated from M&SS surveillance into MSS OPS and this role is evolved over the year given high degree of ownership and accountability.
• The role is a people leader role managing service delivery for the Off Market Rate Checking (OMRC) and Best Execution Monitoring processes across various regions for an Asset class.

In this role, you will:

Principal Accountabilities and Responsibilities

• The job holder is responsible to lead, motivate and manage the team, handling contingencies, learning & development, backup, succession & progression planning, and hiring management.
• Ensure service delivery of processes across as per the standards set out in PLAs and operating with high degree of governance in a well-defined control environment.
• Lead and represent the function and face off to the business on Pricing.
• Drive and represent the function in challenging the market business with regards to management of specific and overall operational risk.
• Ensure continuous review of processes with the objective of improving service delivery timeframes, control environment and to identify areas of improvement.
• Ensure strict adherence on direct costs, identify & implement areas for process improvement / standardization / automation to achieve reengineering saves, support analysis and project rollouts. Foster a culture of Being Commercial, with an Ambitious Change Mindset
• Drive, influence and contribute to strategic planning & decisions in senior management meeting.
• Responsible to agree on audit issues and actions (if any) with internal/external auditors in close-out meeting and implement as per the agreed deadline.
• Drive the expansion of organizational footprint by showcasing high quality service delivery, centralization benefits especially quality and productivity improvements.
• Re-engineering targets
• Monitor and evaluate project deadlines and UAT testing
• Drive and be responsible to ensure minimal errors in the process using Six Sigma methodology.
• Accountable and Responsible to independently challenge, escalated and address key control gaps.
• Responsibility to ensure strong support is provided to CCOs, internal & external audit reviews.
• Accountable to ensure strict adherence to Group values, policies, audit, controls, and compliance requirements including but not limited to Declaration of secrecy, data protection act, health, safety and security, clear desk policy.
• Continually assess and monitor operational risks inherent in the processes, taking account of changing procedures, staff movements, legal and regulatory requirements, management restructures, and impact of new technology.
• Effectively and efficiently drive and manage change, plan business contingency, and achieve cross-training
• Responsible to maintain a robust BCP plan is documented, in alignment with business partner, and in accordance with the r agreed timelines
• Undertake operational measures to ensure that there is full compliance with the Global Markets FIM, Internal Control Objectives

Leadership and Teamwork

• Effectively communicate with the team members on organization strategy and goals required for the respective roles and responsibilities.
• Maintain effective relationship with business areas and identify areas of service improvements by implementing regular calls and feedback.
• Influence and elevate key customer issues in an effective way to ensure timely resolution.
• Provide for strong support to BRCM, internal & external audit reviews.
• Address any adhoc queries on a timely manner.
• Constructive feedback of team members to manager, achieve efficiency in operations and maintain work-life balance.
• Assist in creating an environment within the team which fosters free sharing of knowledge & ideas.

To be successful you will:

Functional Knowledge

• Degree / MBA Finance or similar with at least 5+ years of experience in Controls preferably in a Product Control, Markets Surveillance/ Reporting or Global Markets environment.
• Experience managing high end Product Control, Surveillance or Reporting & Analysis or finance activities, with independent accountability for achieving and driving results.
• Orientation towards Product Ownership
• Strong practical understanding of Traded markets products, such as Foreign Exchange, Fixed Income, Derivatives - Options, Interest rate swaps, Equity Derivatives, Credit Derivatives etc. and their valuations
• Demonstrated team leadership qualities and proven track record of ability to manage diverse/multi-culture work environments with strong organization, time management and prioritization demand.
• Excellent communication skills, presentation skills and interpersonal skills, combined with strong courageous integrity to challenge, ask the right questions, be persistent, give and receive feedback positively, collaborate effectively within own team, outside team and with front office.
• IT user expertise in working on systems and applications, with proficiency in MS Excel/Access/Word/PPT
• Act with high levels of integrity, conduct and performance against ethical standards
• Commitment to the truth and fair dealing
• Openly esteemed commitment to quality and competence
• Ability to communicate at all levels.

Others

• Direct customers are the in-country senior management and teams; other stakeholders GM Operations, IT, Risk, Front Office, central finance functions, other teams in GFC/GSC, etc.
• Influence and elevate key customer issues in an effective way to ensure timely resolution.
• Present MI per asset class (GFX, Equities and GDM) to the respective Best Execution Committee comprising of senior FO & Compliance management.

Hsbc.Com/Careers

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 count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We 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.”

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