If you’re looking for a career where you can make a real impression, join Integral Service Center (GSC) HSBC and discover how valued you’ll be. HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.
We are currently seeking an experienced professional to join our team in the role of Processor Trading Operations
The HSBC Custody Asset Services Department is responsible for the processing of dividends, coupons and mandatory/voluntary corporate actions related to equity and fixed income products through the lifecycle of the corporate event. This role is primarily responsible for Dividend related processing.
Principal Accountabilities:
Primary Responsibilities/Essential Functions:
This role is responsible for dividends processing for US and Non-US equities
- Requires strong understanding dividend calculation and processing,
products will include US and Non-US equity products
- Strong understanding of tax consequences for dividend events including NRA and knowledge of Depositary Trust & Clearing Corporation (DTCC) EDS process as well relief at source processing,
- Knowledge of DTC processing, CA Web and SmartTrack, Postedge
- Strong understanding or market practice around claims and counterparty payments
- Ability to create wire payments in Swift message format types MT202, MT103, MT599
- Knowledge of SWIFT messaging is a plus, primarily MT564/565/566/567/568 messages
- Act as liaison with internal/external business partners
- Review cash/stock record reconciliations, ensuring timely and appropriate resolution on breaks
Knowledge and Skill Requirements:
- Computer literacy, intermediate knowledge of MS Excel a must. Working knowledge of MS Outlook and Word.
- Must be detailed oriented, good problem solver, should have go