Operations Manager Stock Borrowing and Lending

HSBC; Ciudad de México; Presencial; MXN 700,000 - 900,000; Jornada completa

Descripción de la vacante

A leading global financial institution is seeking an experienced Operations Manager for Stock Borrowing and Lending in Mexico City. This role involves oversight of post-trade support, managing collateral transactions, and ensuring efficient operations. Ideal candidates will have over 5 years of experience in cash equities and stock borrowing, alongside solid communication skills. This position offers opportunities to drive process improvements and to work in a collaborative atmosphere. Join a company dedicated to employee well-being and growth.

Servicios

Additional leave days

Professional development opportunities

Flexible working arrangements

Formación

• 5+ years of experience in cash equities, stock borrowing and lending.
• Experience in people management is required.
• Ability to implement initiatives and work as part of a team.

Responsabilidades

• Manage oversight for trade monitoring, collateral and settlement operations.
• Lead investigation and resolution of failing transactions.
• Act on escalated communications with the Clients for equity and treasuries trades.

Conocimientos

Operations Accounting principles

Process improvement

Communication skills

Client and stakeholder interaction

Multi-tasking

Educación

Degree in Business or Finance

Descripción del empleo

If 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 of Operations Manager Stock Borrowing and Lending

Responsible for team oversight of post trade support activities such as collateral transaction processing, monitoring and aiding collateral settlement, Back Office vs Back Office reconciliation, contract compare, investigation and remediation of position/cash imbalances as well as fails management and settlement escalations

Activities:

• Managing oversight for trade monitoring, collateral and settlement operations for USD, MXN, BRL and CAD businesses
• Lead investigation and resolution of failing transactions for all 4 businesses
• Act on escalated communications with the Clients for Equity and Treasuries trades
• Act on any escalation to management or trading desks to protect the firm against risk exposure.
• Act as an escalation contact and resolve settlement issues and collateral disputes
• Review and ensure that risk & control framework and escalation procedures are adhered to.
• Drive process efficiencies to improve service quality
• Engage and build strong Business and Operations Management relationships
• Drive overall business objectives.
• Manage the team to work in collaboration to resolve issues
• Achieve set performance benchmark and target for each year
• Continuous increase of process knowledge thru cross training
• Engage with onshore business partners in communicating issues and/or escalations
• Liaise with external clients to resolve issues and/or answer queries
• Ability to apply judgment to operational situations in a fast-paced environment to drive progress
• Ensure adequate support for effective management of KRIs, to minimize risk e.g. Nostro/Stock/inter-system breaks

What you will need to succeed in the role:

• Has sound understanding and formal qualification of basic Operations Accounting principles
• Able to demonstrate the mind set and maturity to operate in a fast paced environment
• Awareness and appreciation to operations risk and control and exception management
• Ability to implement initiatives and work as part of a team
• Strong communication skills with the ability to interact with clients/stakeholders
• Attention to detail and a hands on approach to identify opportunities of process improvement
• Follow formal escalation framework across all aspects of Operations i.e. operational and systemic related risks
• Strong awareness and appreciation to operations risk and control and exception management
• Strong communication skills with the ability to manage local and international relationships across the org.

What additional skills will be good to have?

• 5+ years of experience in cash equities, stock borrowing and lending
• Experience in people management is required
• A degree in Business or Finance would be preferred
• Ability to multi-task and support multiple stakeholders
• Able to work in a demanding and time sensitive environment
• Hands on experience of operations processing is an advantage
• Familiar working knowledge of associated technology

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.

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.

Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

***Issued By HSBC Electronic Data Process Mexico Private LTD***