Custody Settlements Analyst

Job description

Process GM Custody Equity and Fixed Income settlement activity, ensuring compliance with local regulation, fails resolution, and break resolution.

• Support US Securities Custody activities within a settlements capacity
• Follow supervisory framework designed to minimize risks/losses
• Ensure departmental DIMS are current and fit for purpose
• Ensure transactions are correctly recorded in appropriate systems facilitating successful settlement
• Investigation and resolution of failing transactions
• Investigate & resolve cash and stock reconciliation issues
• Maintain excellent client service skills (Internal & External clients)
• Address settlement discrepancies and engage Custody Settlement Supervisor for prompt resolution.
• Adhere to all rules, regulations and procedures that governs this role and organization
• Be aware of Operational Risk and elevate to Manager at all times
• Able to multi-task and work well under pressure
• Contribute to staff reviews, training, career development, and compensation decisions

• Independent decision making abilities while engaging Senior Management at all times
• Effectively manage multiple staffs /responsibilities and elevate where appropriate
• Ability to apply Industry practices / mandates into BAU functions
• Identify high risk functions ensuring strong controls are in place to mitigate risks

• Each employee must be aware of the Operational Risk scenario associated with the role and acts in a manner that takes account of operational risk considerations.
• Each employee must ensure compliance, operational risk controls in accordance with HSBC or regulatory standards and policies; and optimize relations with regulators by addressing any issues.
• Each employee must promote an environment that supports diversity and reflects the HSBC brand.

• Each employee must maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators. Any failures to comply with the above should be reflected in year end performance assessments.
• Each employee must understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which the jobholder is involved, specifically Internal Controls and any Compliance policy including, inter alia, the Group Compliance policy.

For this role, HSBC targets a fixed pay range between $75,300 and $112,900.

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee's overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a "bonus"). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.

Employment eligibility to work with HSBC in the U.S. is required as the company will not pursue visa sponsorship for these positions.

• Computer literacy, knowledge of Excel and Word
• Detail oriented, good problem solver
• Should have good communication skills
• An overall knowledge of Equities products. Stock loan knowledge a plus.
• Aggressive and quick learner who is able to multi-task
• Knowledge of ADP, Impact, DTC, Global One, Loanet and SWIFT
• Minimum of 3-5 years of Settlement experience
• Minimum of a BA/BS degree or equivalent industry experience

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment. You will be empowered to drive HSBC's engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives.

You'll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

#wayup

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.