Asst Mgr - Processing - Middle Office Scotland - Mnl

Hsbc; Philippines; On-site; PHP 600,000 - 900,000; Full time

Job summary

HSBC Philippines is seeking an experienced Assistant Manager - Processing for the Middle Office team. The role focuses on delivering key Investment Operations services, reconciling trades, and supporting fund migrations with accuracy and timely delivery.

Ideal candidates will have 3–5 years of funds admin experience, strong Excel skills, and a solid understanding of the trade life cycle and capital markets.

Qualifications

• Bachelor’s degree in a financial services related field.
• 3–5 years of funds administration experience.
• Solid understanding of Trade Life Cycle.
• Strong knowledge of capital markets and accounting fundamentals.
• Proficient in Excel and data handling.
• Clear and effective English communication; great teamwork.
• Ability to re-prioritize workloads and meet tight deadlines.
• Awareness of operational risk and internal control requirements.
• Knowledge of derivatives instruments; IOC preferred.

Responsibilities

• Deliver Investment Operations services (Trade/Reconciliation/Corporate Action) to assigned clients with quality and timeliness.
• Support rollout of new products/activities within Investment Operations.
• Participate in migration/remigration of funds and adhere to project timelines.
• Review postings, reconciliation packs and trades uploads for accuracy.
• Review upstream deliverables for break accuracy and resolve discrepancies.
• Perform maker and checker activities when required.
• Raise exceptions to appropriate teams and ensure timely resolution.
• Build and maintain strong relationships with internal customers and business partners.
• Participate in monthly BAU/governance calls and communicate status.

Skills

Capital Markets

Excel

English communication

Interpersonal skills

Attention to detail

Risk awareness

Derivatives instruments knowledge

Education

Bachelor’s degree related to financial services

Job description

Asst Mgr - Processing - MIDDLE OFFICE SCOTLAND - MNL

Company : HSBC

Job Type : Full Time

Location : Quezon City, Philippines

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join 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 Asst Mgr - Processing - MIDDLE OFFICE SCOTLAND - MNL.

Principal responsibilities

• The role is responsible for the delivery of Investment Operations services (Trade/ Reconciliation/ Corporate Action) to assigned clients within agreed quality, timing and output targets.
• To support rollout of new products/ activities within Investment Operations & ensure its successful implementation.
• Active participation and support of migration / re-migration of funds & adherence to all project/migration timelines.
• Review the Postings/Reconciliation Packs/ Trades Upload.
• Review the deliverables of upstream shells with regard to accuracy of breaks reported.
• Perform maker and checker activities as and when required.
• Raising the exceptions with appropriate teams
• To develop and maintain mutually respectful & successful relationships with internal customers & business partners.
• Participate in monthly BAU/Governance calls with various stake holders & maintain timely communication.
• Participation and support provided to initiatives taken by other teams.

Requirements

• Applicant should have a Bachelor’s degree related to financial services.
• 3-5 years of relevant Funds administration experience.
• Complete understanding of Trade Life Cycle
• Excellent knowledge of Capital Markets and Financial instruments, accounting principles and fundamentals of Accounting
• Excellent knowledge in Investment Operations process with clear understanding of the E2E Fund Accounting Model.
• Possess good analytical and problem-solving skills.
• Proficiency in EXCEL essential.
• Ability to speak and understand English
• Excellent interpersonal and teamwork skills.
• Organized and detail oriented.
• Ability to re-prioritize workloads due to changing circumstances; meet strict deadlines.
• Will be expected to maintain HSBC internal control standards, including the timely implementation of internal and external audit points, together with any issues raised by external regulators.
• Must be aware of the operational risk scenarios associated with this role and act upon pertinent risk (if any).
• Basic knowledge in custody, brokerage, depository, investment accounting, mutual funds and Investment Operations.
• Knowledge of Derivatives Instruments
• Additional qualifications related to financial industry including IOC will be given preference
• Individuals having worked in different departments/ functions will be given preference.

You’ll achieve more when you join 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.

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 Processing (Philippines) Private LTD***