Equities Cash Settlements Manager – Manila

HSBC Global Services Limited; Quezon City; On-site; PHP 1,000,000 - 1,500,000; Full time

Job summary

HSBC Global Services Limited in Manila is seeking a Manager – EQ Cash Settlements to oversee day-to-day operations within the Cash Equity settlements team. You will coordinate pre- and post-settlement tasks, reconciliations, and risk controls, ensuring timely trade settlements and strong cross‑functional communication.

The role requires supervisory experience, strong interpersonal skills, and the ability to manage multiple priorities in a fast-paced environment.

Qualifications

• Knowledge of Equities front-to-back flow is a plus.
• Prior supervisory experience essential, preferably with change and operations management skills.
• Strong interpersonal skills. Ability to communicate effectively between external parties, Front Office, senior leaders and the various departments within HSBC.
• Ability to problem solve, articulate requirements and implement change as needed.
• 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.

Responsibilities

• The role holder will be part of the Equities franchise under Market Securities Services Operations (MSSO) umbrella.
• The role will specifically cover products in Cash Equity space. The scope of the Cash EQ Settlements Team in Manila includes Pre-settlement, post settlement & reconciliation.
• This manager role will be responsible for supervising day-to-day operations as well as delivery of various initiatives – business strategic deliveries, continuous improvements, market and regulatory changes.
• Ensure the communications are managed with Internal parties including Front Office, Finance, Settlements, Static Data for Equity trades
• Ensures all client trades allocation are managed on Trade Date.
• Ensures the balancing of all domestic and foreign equity trading positions are performed.
• Ensure the intersystem Front office and back office reconciliations, internal break capture processes, and street-side external execution recons on the various exchanges are being done daily.
• Maintains the proper escalation to management or trading desk to protect the firm against risk exposure.
• Maintain and update procedures as necessary
• Ability to apply judgment to operational situations in a fast paced environment to drive progress
• Identify potential financial risk to the bank and ensure proper resolution is achieved within the bank’s guidelines
• Ensure adequate support for effective management of KRIs, to minimise risk e.g. Nostro/Stock/inter-system breaks

Skills

Equities front-to-back

Supervisory experience

Interpersonal skills

Problem solving

Multi-tasking

Urgent/time-sensitive environment

Operational risk awareness

Technical familiarity

Job description

HSBC Global Services Limited in Manila is seeking a Manager – EQ Cash Settlements to oversee day-to-day operations within the Cash Equity settlements team. You will coordinate pre- and post-settlement tasks, reconciliations, and risk controls, ensuring timely trade settlements and strong cross‑functional communication.

The role requires supervisory experience, strong interpersonal skills, and the ability to manage multiple priorities in a fast-paced environment.