Derivatives Clearing Operations Lead

HSBC EDP (Malaysia) Sdn. Bhd.; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

HSBC EDP (Malaysia) Sdn. Bhd. in Kuala Lumpur seeks an operations professional to join the Derivatives Clearing Services team.

The role focuses on daily reconciliations for ETD and OTC, issue investigation, and escalation of market risks to ensure accurate settlement and control. You will supervise post-trade support, handle intersystem breaks, and collaborate with global stakeholders. The ideal candidate has practical knowledge of listed futures, cleared OTC products, and a solid grasp of

Qualifications

• Experience in Exchange Traded Derivatives and Cleared OTC derivatives is required.
• Sound understanding of the operational processing environment within Clearing Broker for Listed and OTC Cleared Products.
• Has sound understanding and formal qualification of basic Operations Accounting principles.
• Attention to detail and a hands on approach to identify opportunities of process improvement.
• Awareness and appreciation to operations risk and control and exception management.
• Ability to implement initiatives and work as part of a team.
• Follow formal escalation framework across all aspects of Operations, including day to day operational risks and systemic risks.
• Diligence, accuracy and awareness of the operational and market control environment; continual learning mindset.
• Strong communication skills with the ability to manage local and international relationships across the org.

Responsibilities

• Role holder to perform processing responsibility such as intersystem break investigation and reconciliation discrepancy queries from other stakeholders.
• Provide adequate support to minimise risks e.g. Stock/inter-system breaks.
• Identify control deficiencies and recommend ideas to the deficiencies.
• Assist supervisors to execute given control gap solutions.
• Support Operation leads or counterparties to resolve break discrepancies.
• Timely escalation when necessary for issues that may cause near misses or financial loss to the bank or affect client relationships.
• Monitor and coordinate changes that impact the process (UAT testing, Platform upgrades, upstream system changes).
• Involved in decision making process on changes that impact BAU activities.
• Become an effective escalation point for all reconciliation issues to the business unit and client service teams.
• Provide support & share knowledge on markets, products, procedures and core operating platforms for team-members or new joiners.

Skills

Derivatives knowledge

Operational processing

Attention to detail

Communication

Risk awareness

Teamwork

Tools

MS Office

Job description

HSBC EDP (Malaysia) Sdn. Bhd. in Kuala Lumpur seeks an operations professional to join the Derivatives Clearing Services team.

The role focuses on daily reconciliations for ETD and OTC, issue investigation, and escalation of market risks to ensure accurate settlement and control. You will supervise post-trade support, handle intersystem breaks, and collaborate with global stakeholders. The ideal candidate has practical knowledge of listed futures, cleared OTC products, and a solid grasp of