# Clearing and Settlements Team Leader - 	 EQUITIES - CLEARING AND SETTLEMENTS

**Company**: Corp & Inst Banking
**Location**: Quezon, National Capital Region (NCR)
**Work arrangement**: onsite
**Experience**: senior
**Job type**: full-time
**Category**: Finance
**Industry**: Finance

**Apply**: https://portal.careers.hsbc.com/careers/job/563774612620974?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/job/clearing-and-settlements-team-leader-equities-58acf4fc-8e7/

## Description

We are currently seeking an experienced professional to join our team in the role of Clearing and Settlements Team Leader – Equities Clearing and Settlements.

The ideal candidate should possess a strong understanding of the operational processing environment contained within a Clearing Broker for Listed and OTC Cleared Products and have existing team management/leadership capabilities.

The role requires the candidate to independently work with the local and regional management, team members and stakeholders to deliver a robust and efficient operations function.

Principal responsibilities:

- The role will have direct functional, and entity reports for Cash Management function and will have direct peer interaction with regional entity leads based in the UK & Paris to deliver a cohesive and efficient global operating model.

- The role will have direct interaction with key business stakeholders to develop and lead a regional operating model to support the DCS business strategy and will represent DCS Operations at regional entity based Governance forums.

- Process settlements and investigations of cash collateral and interest distributions (OTC) and margins, price alignment interests, considerations, fees (Futures)

- Perform investigation of accounting breaks associated to Rolfe & Nolan, PPS, APS, NOSTRO and Control/Suspense accounts.

- Prepare and update management information related to cash breaks

- Experience in intersystem reconciliations, client money and other adhoc reporting

- Prepare or check reports associated to funding requirements

- Enable business objectives by exploring solutions for drivers such as netting, follow-the-sun or scalability

- Troubleshoot and apply experience and knowledge in both listed and OTC derivatives, its market and mechanisms

- Perform various functions using CORE systems such as Treats, TLM, Scannor, CSM among others

- Maintain and develop analytics and relevant MI and discuss with line manager, senior management and CCO

- Ensure documentation of changes in procedures and desk instructions done by team

Requirements:

- Candidate to demonstrate high level of diligence, accuracy and awareness of the operational and market control environment.

- The candidate must demonstrate a continual appetite and ability to learn and develop both market knowledge and also personal skills.

- The candidate must demonstrate strong subject matter expertise when contributing to change initiatives.

- The candidate must be equally able to innovate and present ideas for improvement and change as well as accuracy and effectiveness in their day-to-day responsibilities

- Ensure that you have a strong understanding of your role & responsibilities, you are familiar with the procedures, checklists and control and that you proactively manage training through on-the-desk, formal training programs and wider reading & research

- You can demonstrate your commitment to 1:1 meetings, feedback and development and business objectives with your line manager

- Demonstrate examples of active participation in firm-wide training and initiatives

- Demonstrate examples of active participation in department projects, whether during the design phase or the implementation & testing phase

For more fresh new jobs, check out [yubhub.co](https://yubhub.co/).

## Skills

### Required
- CORE systems
- Treats
- TLM
- Scannor
- CSM
- Listed and OTC derivatives

---

Source: [Apply at portal.careers.hsbc.com](https://portal.careers.hsbc.com/careers/job/563774612620974?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)