Associate, Corporate Trust

Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

Corporate Trust AVP in Issuer Services forms part of MSS Operations. Issuer Services provides trustee and agency services across seven core products to enable clients to pursue international capital market activities. We expedite movements of cash and securities, protect the rights of interested parties and we assist our colleagues in CIB with the identification of solutions to meet client requirements.

The role holder will primarily be responsible for the effective daily processes and controls in relation to the administration of a portfolio of deals covering corporate bonds, escrows, money market, structured, insurance trusts, and/or project finance transactions. The analyst is responsible for the delivery of services to the client by meeting our contractual obligations. The activities include cash and trade settlement, physical custodian responsibilities and vault management.

Additionally, oversight and support to the wider Corporate Trust Operations teams in India and Malaysia. The holder will work closely with US and Global Service Center Corporate Trust management to ensure end-to-end delivery and management of operational risk.

The candidate will have opportunities to shape the structure, drive system development and automation opportunities and drive a disciplined and sustainable control environment. Strong stakeholder management and operational risk and control mindset is essential.

At a high level:

• Review documents and ensure the deal is set up correctly on internal systems
• Support deal covenant monitoring, fee billing, and periodic account reviews
• Ensure payments, administration, and risk are addressed in accordance with contractual requirements, including trustee and agency obligations
• Provide timely, high-quality client service, maintaining relationships and meeting contractual obligations
• Understand and assess critical client feedback to help shape future service improvements and strategic direction
• Review and challenge existing processes and procedures and lead automation opportunities
• Own resolutions of reconciliation breaks identified across cash and securities reconciliations, driving issues through to closure within agreed timelines
• Minimize risk by implementing controls in line with bank policy, local regulations including SEC Transfer Agency rules, Trust Indenture Act, OCC Reg 9 and tax withholding and reporting requirements
• Correspond and effectively communicate with internal and external stakeholders
• Collaborate closely with colleagues in US, KL, and KOL ensuring operations workflow is consistent on best practice standards
• Support continuous monitoring of controls

You´ll likely have the following qualifications to succeed in this role:

• Proven operational experience across products/roles such as conventional debt, custody, corporate actions, escrow, collateral agency, or vault management
• Knowledgeable in business purpose and deal structures for Escrow, Project Finance, and Bonds, with the ability to interpret key provisions and operationalize contractual requirements
• Effective communication and…