Assistant Manager of Operations

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 Job Description - Assistant Manager of Operations (0000CZDV)

Job Description 

Assistant Manager of Operations : 0000CZDV 



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Global Service Centres
Our Global Service Centres are an integral part of Global Operations. Employees based there manage day-to-day customer transactions and processes for the global businesses. This may include transactions for our retail bank such as processing loans, credit cards, insurance and mortgage applications, opening new accounts, and managing customer enquiries through contact centres and digital platforms.
Employees in the Global Service Centres also run and manage operations for commercial bank customers. This includes processing credit applications, facilitating payments and managing the import and export transactions that enable customers to protect and grow their businesses through international trade.
We are currently seeking an ambitious individual to join this team in the role of " Assistant Manager of Operations ", In this role, you will:

Role Purpose (overall high level summary of the role)
This positions lies within the X-Asset Confirmation Service in Global Market Operations. The Assistant Manager (MO) role would be to supervise a team of highly motivated and affluent individuals whose function is to process all Outgoing (Drafting) Confirmations tasks & also Incoming (Indexing/Matching/Affirmations/Chasing) Confirmations across OTC Derivatives (Rates/Equities/Credit/FXO) business, focusing and ensuring the timely confirmation retrieval & dispatch within the EMIR and DFA requirements.

The Assistant Manager will need to ensure Group standards (F.I.M.) are adhered to at all times and Best Practice Guidelines are followed wherever possible to ensure our Regulatory targets.

Principal Accountabilities: Key activities and decision making areas Typical Targets and Measures
Impact on the Business/Function

To manage the daily Operation / BAU of the team whose responsibilities are to ensure the accurate and timely execution of the X-Asset Confirmation process

(Self and Team)
• Validate and Dispatch confirmation in line with regulatory timelines
• Adherence to DIM, FIM, DFA and EMIR regulations.
• To ensure timely dispatch of Confirmation as per FIM
• Strict adherence to Confirmation matching as per FIM
• To ensure Zero PLA breaches & Ops loss.

• No outstanding confirmation >T+1/T+2 business days.
• 100% PLA achieved
• 100% Compliance with DIM’s & FIM
• Ops Losses & errors.
• Timely and accurate escalations as per escalation matrix
Customers / Stakeholders

 Problem situations are proactively identified, resolved and escalated to give maximum customer satisfaction. Appropriate measures are taken to improve quality and prevent recurrence.
 Customer issues are handled sensitively and receive full consideration. Situations are resolved effectively retaining goodwill of customer.
 Customers are kept fully informed of progress.
 Periodical MI submitted accurately and in line with customer and business needs.
 Updates and procedural changes obtained and cascaded / recorded.
 Enhance systems and business knowledge relating to customers / processes and cascade to teams.

• Attend Client Service training
• Positive feedback from internal/external clients
• Nil adverse feedback from internal/external clients
• All client correspondences are attended to within the Client Service Model guidelines
Leadership & Teamwork

• Motivate and develop team/subordinate to meet business objectives.
• Create robust team environment where skills and knowledge openly shared to achieve team and business goals.
• Teams are regularly briefed and trained on any developments
• Knowledge and experience are shared with teams, providing assistance on referred / technical issues.
• Be aware of issues within teams and resolve or escalate in appropriate and timely manner.
• Share knowledge, best practice and experience with colleagues at all levels to ensure they achieve their goals and business objectives.

• Attend soft skills training to develop leadership capabilities
• Facilitate continuous learning through job rotation
• Conduct daily buzz sessions
• Attend manager meetings
Operational Effectiveness & Control

• Effectively manage implementation of reporting tools and guidelines for all processes, identifying and escalating issues for resolution as appropriate.
• Create and design reporting templates and tools for Operations Team.
• Work is organised and completed within agreed timescales, in accordance with procedures, PLA & FIM.
• Work is distributed / duties allocated between individuals in accordance with their experience / ability.
• Productivity and quality of work are monitored and achieved.
• Issues / problems are fully analysed and resolved or escalated. Appropriate action is taken to prevent recurrence.
• Procedural changes / new initiatives are fully communicated to and implemented.
• Encourage and monitor team member to consistently maintain a high level of customer service.
• Ensure effective workflow management in order to meet timelines. And quality levels, checking and maintaining effective resource utilisation at all times.
• Contribute to contingency planning for the teams / sections.

• Nil compliance, regulatory, FIM, SOX breaches
• Nil audit findings (internal / external) of any risk level
• Nil repeated findings during group audits or BRCM review
• Ensure all mandatory trainings are completed

Major Challenges (The challenges inherent in the role that require a continual test of the role holder’s abilities)

• Queue Management between Outgoing (Drafting) & Incoming (Indexing/Matching/Affirmation/Chasing) confirmations processes for OTC Derivatives (Rates/Equities/Credit/FXO).
• Exception management & Prioritization.
• Pro-actively review and identify knowledge/control gaps within process and take necessary action to mitigate risks.
• Thorough review of procedures/controls to be conducted periodically.
• Facilitate training of new hires or cross-training for other colleagues.
• Job holder is required to keep abreast of changes/happenings across all regions and communicate the same to team members.
• Job holder is responsible for ensuring that quality checks are performed. Identify areas of concern for processing team and produce specific training requirements to ensure any internal / external errors can be minimized.

Role Context (The environment and operating conditions of the role including the extent of guidance and authority)

• Role will be located in Bangalore and will cover primarily Outgoing (Drafting) & Incoming (Indexing/Matching/Affirmations/Chasing) Confirmation processes for OTC Derivatives (Rates/Equities/Credit/FXO).
• The jobholder will not have people responsibility.
• The jobholder will be responsible of managing the day-to-day operations during the assigned work hours.
• Role will include supervisory authority such as matching & issuance of Confirmations and checklist supervision. The job holder is required to ensure that the functions are completed on a daily basis where required.
• Jobholder will be required to work closely with the existing AMO/MO in the team to ensure BAU functions are carried out accordingly within the stipulated Performance Level Agreement (PLA).

Management of Risk (Operational Risk / FIM requirements)

The jobholder will also continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.

This will be achieved by ensuring all actions take account of the likelihood of operational risk occurring.
Also by addressing any areas of concern in conjunction with line management and/or the appropriate department.

Observation of Internal Controls (Compliance Policy / FIM requirements)

The jobholder will also adhere to and be able to demonstrate adherence to internal controls. This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators.

The jobholder will implement the Group compliance policy by containing compliance risk in liaison with Global Head of Compliance, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer. The term ‘compliance’ embraces all relevant financial services laws, rules and codes with which the business has to comply.

This will be achieved by adhering to all relevant processes/procedures and by liaising with Compliance department about new business initiatives at the earliest opportunity. Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimising relations with regulators.

Role Dimensions (e.g. balance sheet size, lending/expenditure limits, size/volume of transactions, budget)

Headcount reporting to this role Direct: 0 Indirect: 0 Total: 0




Knowledge & Experience / Qualifications (For the role – not the role holder. Minimum requirements of the role.)

• Experience in Rates Derivatives or Equity Derivatives operations would be an advantage
• A degree in accounting/finance/management/business administration. Higher qualification not a bar provided aspirations commensurate with the position.
• At least 5-7 years of experience in OTC Derivative Ops. Experience in Outgoing (Drafting) & Incoming (Indexing/Matching/Affirmations/Chasing) processes would be an added advantage.
• Ability to speak and understand English fluently.
• Ability to write business letters and reports.
• Good conversational/telephone skills
• Ability to learn quickly and transfer knowledge appropriately
• Possess knowledge on MS Office with good numerical and analytical skills.
• Ability to build rapport with and relate to and effectively develop a wide range of people.
• Ability to maintain focus while working with voluminous data
• Ability to multi task
• Good Communication, planning and organizing skills.
• Good initiation of improvements. Open to Change.
• Able to work under challenging environment with tight timelines.


Job Field

 : Operations

Primary Location

 : Asia Pacific-Malaysia-Selangor-Cyberjaya


 : Full-time 


 : RotatingType of Vacancy : Country vacancy

Job Posting

 : 13-May-2019, 18:52:25 

Unposting Date

 : 15-May-2019, 06:59:00  

15 May 2019
Location: Malaysia Cyberjaya
Work type:
Full time
Banking and Financial Services
PLEASE! No enquiries from Recruitment Agencies or Headhunters.

Only direct applications will be considered.

This career opportunity is no longer open.
Please search for current vacancies here.

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