Assistant Vice President - Margin Specialist

HSBC; Ciudad de México; Presencial; MXN 850,000 - 1,200,000; Jornada completa

Descripción de la vacante

A leading global bank in Mexico City is seeking an experienced Assistant Vice President - Reg Rep to oversee margin settlements for Futures and OTC Clearing. The ideal candidate will have over 5 years of experience in Clearing or Futures related roles, along with familiarity with vendor platforms like TREATS and Broadridge. This role demands close collaboration with regional entity leads and stakeholders to ensure efficient operations while maintaining compliance. Competitive leave policies promote work-life balance.

Servicios

Generous paid leave package

Work-life balance

Formación

• 5+ years of experience in Clearing or Futures related roles preferred.
• Trade processing of Exchange Traded Derivatives at a top tier broker or Investment Bank.
• Exposure to XTP/R&N’s operating platform or similar product.

Responsabilidades

• Support margin settlements with clients for both Futures and OTC Clearing.
• Manage daily margin calls to Swap CCP’s including ICE, CME and LCH.
• Coordinate funding and collateral allocation/optimization with the business and Balance sheet management.

Conocimientos

MS Excel

Knowledge of Equity

Fixed income

Compliance

Operational Risk Control

Herramientas

TREATS

Broadridge

ALGO

Descripción del empleo

Job Description

-Job descriptionIf you’re looking for a career where you can make a real impression, join Global Service Center (GSC) HSBC and discover how valued you’ll be. 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 an experienced professional to join our team in the role Assistant Vice President - Reg Rep.

Role Purpose

The role holder will join the DCS Operations management function and will work closely with the Global and regional Operations lead to deliver a globally efficient and controlled operating model. Experience and knowledge in both Exchange Listed Derivatives and Cleared OTC products is required. The role will have direct functional, and entity reports for Trade Management function and will have direct peer interaction with regional entity leads based in the US, Hong Kong, and the UK to deliver a cohesive and efficient global operating model. The role will have direct interaction with key business stakeholders to develop and lead a regional operating model to support the DCS business strategy and will represent DCS Operations at regional entity-based Governance forums. This role requires decision making responsibility to the extent that it impacts the task at hand and in helping to design solutions to control gaps. Needs to work independently and formulate an opinion their own based on evidence. Able to clearly articulate and challenge supervisors on control deficiencies and recommend improvements to the deficiencies.

Main Activities

The primary responsibility of the Margin Specialist Clearing Operations is to support margin settlements with clients for both Futures and OTC Clearing.

Provide support to Futures Operations. Responsibilities include the following:

• Understanding of Vendor platforms required. TREATS, Broadridge, ALGO etc.
• Manage daily margin calls to Swap CCP’s including ICE, CME and LCH.
• Reconcile CCP settlements and balances.
• Manage daily margin settlements for OCC business.
• Generate daily margin statement for portfolio margin client on OCC.
• Coordinate funding and collateral allocation/optimization with the business and Balance sheet management

Requirements

• Trade processing of Exchange Traded Derivatives at a top tier broker or Investment Bank
• Understanding of Vendor platforms required. TREATS, Broadridge, ALGO etc.
• Exposure to XTP/R&N’s operating platform or similar product
• 5 + years of experience in Clearing or Futures related roles preferred.

Competencies

• MS Excel
• Knowledge of Equity
• Fixed income
• Compliance
• Operational Risk Control

At HSBC we offer our colleagues a greater number of leave days so that they can fully enjoy their wedding, take care of the new member of the family, or grieve the loss of a family member. Our paid leave package is at the forefront in Mexico, now you have one more reason to be HSBC and proudly live a culture of well-being, balance, and care.

Issued By HSBC Electronic Data Process Mexico Private LTD