Sr. Manager, Equities Clearing & Settlements (Hybrid)

HSBC Holdings plc; Quezon City; Hybrid; PHP 800,000 - 1,400,000; Full time

Job summary

HSBC in Quezon City, NCR, Philippines, is seeking an experienced Manager Operations - Equities - Clearing and Settlements to join our DCS Operations Cash team. The role focuses on ensuring settlement of margins with Central Counterparties and collaborating with stakeholders across multiple locations.

You will execute daily margin-related payments and withdrawals, process vouchers and ledger entries, and drive process improvements to reduce manual effort while supporting risk and control

Qualifications

• Understanding the HSBC Futures offering and capabilities
• Experience in Exchange Traded Derivatives and Cleared OTC derivatives is required
• Strong communication (verbal and written), analytical, organizational, and planning skills
• Solid operational risk and control mindset; able to make decisions when needed
• Strong performance rating in previous job to showcase skill set
• Initiated a process improvement in previous job or participated in a wider project with direct impact to the business
• Ability to interface with a broad range of resources at various levels of seniority / experience and role diversity in multiple geographies
• Strong risk assessment, control and testing skills
• Ability to manage conflicting priorities effectively and meet deadlines
• Discretion, work independently within broad guidelines, handle sensitive data and complete assignments on time

Responsibilities

• Execute daily margin-related payments and withdrawals to meet HSBC requirements with various Central Counterparties
• Process vouchers and ledger entries accurately to reflect interest, fees, and other margin-related charges
• Partner with stakeholders across multiple locations to identify and resolve operational issues and control gaps
• Drive process improvements to reduce manual effort and enhance efficiency within the team
• Represent the team in meetings and stakeholder discussions when the Manager is unavailable or as required
• Deliver ad-hoc tasks, analysis, and reporting to support business needs

Skills

Margin settlement

Derivatives

Stakeholder mgmt

Risk control

Analytical skills

Job description

HSBC in Quezon City, NCR, Philippines, is seeking an experienced Manager Operations - Equities - Clearing and Settlements to join our DCS Operations Cash team. The role focuses on ensuring settlement of margins with Central Counterparties and collaborating with stakeholders across multiple locations.

You will execute daily margin-related payments and withdrawals, process vouchers and ledger entries, and drive process improvements to reduce manual effort while supporting risk and control