Processor Settlement Operations - HBAP - SECURITIES SETTLEMENTS

HSBC; Quezon City; On-site; PHP 600,000 - 900,000; Full time

Job summary

HSBC in the Philippines seeks a Processor Settlement Operations professional to support the HBAP Securities Settlements function. You will assist the Operations Manager in supervising a specialist team and ensure daily failing trades and unmatched reports are resolved promptly to maintain accurate clearing and settlement cycles.

You will monitor failed trades, investigate discrepancies with traders and operations teams, participate in system testing and UAT, and provide backup support to peers

Qualifications

• Good judgement and decision-making skills.
• Knowledge of operation of Euroclear and BBH system and other custodian platform.
• Excellent communication skills in English, both written and verbal.

Responsibilities

• Assist Manager of Operations in supervising the team’s daily operations.
• Ensure that daily failing trade matters and unmatched reports are followed through to resolution.
• Monitor and follow up on failed trades to achieve high settlement efficiency.
• Investigate discrepancies in trade details with traders, relevant operations teams and counterparties to avoid operation loss.
• Participate in user acceptance tests for new products and system.
• Provide back‑up support for other peer groups within Global Processing Team.
• Follow up discrepancies / un‑reconciled breaks.
• Participate in systems testing (UAT) whenever required / assigned.

Skills

Good judgement

Excellent English communication

Tools

Euroclear

BBH system

Job description

Processor Settlement Operations - HBAP - SECURITIES SETTLEMENTS

Responsibilities

• Assist Manager of Operations in supervising the team’s daily operations.
• Ensure that daily failing trade matters and unmatched reports are followed through to resolution.
• Monitor and follow up on failed trades to achieve high settlement efficiency.
• Investigate discrepancies in trade details with traders, relevant operations teams and counterparties to avoid operation loss.
• Participate in user acceptance tests for new products and system.
• Provide back‑up support for other peer groups within Global Processing Team.
• Follow up discrepancies / un‑reconciled breaks.
• Participate in systems testing (UAT) whenever required / assigned.

Qualifications

• Good judgement and decision‑making skills.
• Knowledge of operation of Euroclear and BBH system and other custodian platform.
• Excellent communication skills in English, both written and verbal.

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritised.

HSBC is 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.

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