15 oct
|
HSBC Global Services
|
Azcapotzalco
15 oct
HSBC Global Services
Azcapotzalco
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 **Clearing and Settlements Team Leader**
The Clearing and Settlements Team Leader accountable for the end-to-end delivery of Futures and Exchange Traded Derivatives (ETD) Operations, ensuring executed trades are captured, cleared and booked on trade date, T+1 breaks are investigated and resolved, and positions are reconciled and reported accurately to exchanges, clearing houses and regulators. The role leads a team of 10+ derivatives SMEs and operates in a global, matrix environment, partnering with key US regional stakeholders and other global counterparts to align priorities, standardize execution, and deliver a controlled and resilient operating model.
Primary Responsibilities
Lead the Futures and Derivatives Operations team responsible for the following:
- Monitor FIS middle wear (Clearvision) for trade acceptance and clearance
- Enter Pit and EFP (Exchange for physical) tickets.
- Perform trade allocations
- Monitoring Give ups/ins, handling queries from external brokers and internal traders.
- Perform allocations via Traiana
- Research and resolve trade / position breaks
- Manage all futures and options lifecycle events (Option exercise / assignments, deliveries,
P&S; etc.).
- Book average price trades and manage residuals
- Run EOD PCS reports which are sent the exchanges
- Provide leadership, coaching and performance management for a team of 10+ SMEs; set clear objectives, ensure appropriate coverage, and build capability/succession
- Own day-to-day service delivery and control outcomes for Futures Operations, ensure timely completion of all critical processes and exchange deadlines
- Drive alignment, coordinating with key US stakeholders to agree priorities, manage dependencies and deliver consistent outcomes
- Act as senior escalation point for complex trade capture, allocation, lifecycle and position issues; ensure effective triage, root-cause analysis and sustainable remediation
Knowledge and Skill Requirements:
- Strong understanding of Futures and Options products and markets (Exchange Traded Derivatives)
- BA/BS degree
- Proficiency with Microsoft Excel
- Excellent understanding of Operational risk, procedures and controls
- Strong analytical and problem-solving skills; able to drive root-cause fixes, not just resolution
- Minimum of 7-10 years’ experience in Futures /Derivative Operations, including leadership responsibility
- Demonstrated ability to operate effectively with global/regional stakeholders
At HSBC we offer our colleagues a greater number of leave days so that they can fully enjoy their wedding, take care of the new member of the family, or grieve the loss of a family member. Our paid leave package is at the forefront in Mexico, now you have one more reason to be HSBC and proudly live a culture of well-being, balance and care.
**Issued By HSBC Electronic Data Process Mexico Private LTD*
📌 Clearing and Settlements Team Leader (Azcapotzalco)
🏢 HSBC Global Services
📍 Azcapotzalco