VP, Collateral & Risk Operations - Manila

HSBC Holdings plc; Quezon City; On-site; PHP 3,000,000 - 5,500,000; Full time

Job summary

HSBC Holdings plc in Manila is seeking a Vice President Operations - Collateral & Risk to lead the Collateral Securities Services teams across Manila and Kuala Lumpur, focusing on governance, efficiency and risk management.

The role demands deep markets and collateral management knowledge, strong leadership of offshore teams, and the ability to drive regional initiatives while partnering with senior stakeholders and control functions.

Qualifications

• Strong understanding of Markets and Collateral management.
• Cross asset class experience: IR, Equity, Credit Derivatives, FX, Repos, SBL, structured products.
• ISDA Credit Support documents knowledge.
• Collateral assets: cash, bonds, equity, letters of credit.
• Industry initiatives: IOSCO Margin Rules, Margin Booking, CCPs, Basel, EMIR, Dodd-Frank.
• Experience managing offshore operations, collateral processing focus.
• Proven leadership and staff management.
• Ability to work in a virtual team and support multiple functions.

Responsibilities

• Ensure smooth running of Collateral Securities Services teams in Kuala Lumpur and Manila (30 FTE).
• Develop governance model to distribute and monitor work across locations.
• Build end state operating model for efficiency and better client experience.
• Perform risk and control assessments on breaks and resolve.
• Draw strategic framework and roadmap to centralize reconciliations across regions.
• Drive region-wide initiatives with Head of Collaterals and regional MANCOM.
• Serve as escalation point to resolve issues in a timely manner.

Skills

Leadership

Stakeholder management

Governance

Offshore operations

Change management

Risk assessment

Strategic planning

Team management

Job description

HSBC Holdings plc in Manila is seeking a Vice President Operations - Collateral & Risk to lead the Collateral Securities Services teams across Manila and Kuala Lumpur, focusing on governance, efficiency and risk management.

The role demands deep markets and collateral management knowledge, strong leadership of offshore teams, and the ability to drive regional initiatives while partnering with senior stakeholders and control functions.