Operations Manager: Settlements, Reconciliations & Analytics

HSBC; Quezon City; On-site; PHP 1,800,000 - 3,000,000; Full time

Job summary

HSBC is seeking an experienced Manager Operations to join our team in Manila. You will oversee settlements, investigations, and MI related to cash collateral, margins, and funding for futures and OTC.

The role requires strong control environment awareness and ability to drive change. You will collaborate with senior management and CCO to ensure robust processes and documentation, with a focus on efficiency and scalability.

Qualifications

• Demonstrate high diligence, accuracy and awareness of the operational and market control environment.
• Continual appetite to learn and develop market knowledge and personal skills.
• Strong subject matter expertise when contributing to change initiatives.
• Ability to innovate ideas for improvement and change while maintaining accuracy.
• Understand your role, procedures, checklists and controls; proactively manage training.
• Commitment to 1:1 meetings, feedback and development with line manager.
• Active participation in firm-wide training and department projects.

Responsibilities

• Process settlements and investigations of cash collateral and interest distributions (OTC) and margins, price alignment interests, considerations, fees (Futures)
• Investigate accounting breaks associated to Rolfe & Nolan, PPS, APS, NOSTRO and Control/Suspense accounts
• Prepare and update management information related to cash breaks
• Experience in intersystem reconciliations, client money and other adhoc reporting
• Prepare or check reports associated to funding requirements
• Enable business objectives by exploring solutions for drivers such as netting, follow-the-sun or scalability
• Troubleshoot and apply experience and knowledge in both listed and OTC derivatives
• Perform various functions using CORE systems such as Treats, TLM, Scannor, CSM among others
• Maintain and develop analytics and relevant MI and discuss with line manager, senior management and CCO
• Ensure documentation of changes in procedures and desk instructions done by team

Skills

futures and options product and market

clients and client processing risk

HSBC FIM and risk requirements around

Exchange rules and regulatory env (AP/

HSBC Futures offering and capabilities

Job description

HSBC is seeking an experienced Manager Operations to join our team in Manila. You will oversee settlements, investigations, and MI related to cash collateral, margins, and funding for futures and OTC.

The role requires strong control environment awareness and ability to drive change. You will collaborate with senior management and CCO to ensure robust processes and documentation, with a focus on efficiency and scalability.