Assistant Manager Trade Mid Office
Published date: 2024/01/10
- Location: Mumbai, Maharashtra, India
The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (COVID-19), we’re leveraging our digital capabilities to ensure we can continue to recruit top talent at HSBC. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.
Some careers open more doors than others.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
Trade Services (GTRF) is a core business for the HSBC Group. At INM, GTRF’s a major contributor towards the revenue and profits of Corporate Banking.
The jobholder derives guidance and authority chiefly from the regulations administered and framed by the RBI under the Foreign Exchange Management Act (FEMA) and the Trade Services Functional Instruction Manual (TS FIM). The jobholder operates under the guidelines stipulated by the International Chamber of Commerce (ICC) in its publications such as the UCP600, URC 522 and URR725. The jobholder is expected to exercise broad discretion in carrying out his/her duties and is not required to make reference to his / her superiors on day-to-day matters.
Principal Responsibilities
To manage and control all aspects of governance and regulatory controls within Trade Services.
To support INM GTRF Governance Head in implementing business strategies to ensure maximum growth in revenue from existing Trade Customers and attainment of strategic and operating objectives.
To ensure efficient and productive operations compliant with all regulatory and internal guidelines with respect to increase in complexities in transactions and number of structured deals.
Meeting RBI and other regulatory bodies including internal regulators to ensure compliance to procedures and conduct regular meetings and trainings with trade customers.
To enhance productivity, control risk and ensure best practice.
To review processes, prepare process note, DIBs, follow-up for RBI approvals, manage EDPMS/IDPMS etc.
Manage internal and external audits.
Manage FCC reporting, Trainings etc.
Requirements
5+ years experience in transaction banking (exposure to cross border transactions would be preferred)
Fair knowledge & understanding of trade products.
Strong interpersonal, influencing and communication skills.
A self starter who carries a ‘can do’ attitude and an ability to navigate the unknown
Understanding and appreciation of operational risk framework.
Solutions oriented, can work independently and has an eye for detail
Strong organizing and time management skills.
Profeciency in the English language
A Bachelor degree preferably in a business or related area
Additional Information
Mandatory to successfully complete Anti-Money Laundering and Sanctions training and post-course assessment, as required.
Useful Link
Link to Careers Site: Click HERE
You’ll achieve more at HSBC.
HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment.
Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
Issued by The Hongkong and Shanghai Banking Corporation Limited, India
Some careers open more doors than others.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
Trade Services (GTRF) is a core business for the HSBC Group. At INM, GTRF’s a major contributor towards the revenue and profits of Corporate Banking.
The jobholder derives guidance and authority chiefly from the regulations administered and framed by the RBI under the Foreign Exchange Management Act (FEMA) and the Trade Services Functional Instruction Manual (TS FIM). The jobholder operates under the guidelines stipulated by the International Chamber of Commerce (ICC) in its publications such as the UCP600, URC 522 and URR725. The jobholder is expected to exercise broad discretion in carrying out his/her duties and is not required to make reference to his / her superiors on day-to-day matters.
Principal Responsibilities
To manage and control all aspects of governance and regulatory controls within Trade Services.
To support INM GTRF Governance Head in implementing business strategies to ensure maximum growth in revenue from existing Trade Customers and attainment of strategic and operating objectives.
To ensure efficient and productive operations compliant with all regulatory and internal guidelines with respect to increase in complexities in transactions and number of structured deals.
Meeting RBI and other regulatory bodies including internal regulators to ensure compliance to procedures and conduct regular meetings and trainings with trade customers.
To enhance productivity, control risk and ensure best practice.
To review processes, prepare process note, DIBs, follow-up for RBI approvals, manage EDPMS/IDPMS etc.
Manage internal and external audits.
Manage FCC reporting, Trainings etc.
Requirements
5+ years experience in transaction banking (exposure to cross border transactions would be preferred)
Fair knowledge & understanding of trade products.
Strong interpersonal, influencing and communication skills.
A self starter who carries a ‘can do’ attitude and an ability to navigate the unknown
Understanding and appreciation of operational risk framework.
Solutions oriented, can work independently and has an eye for detail
Strong organizing and time management skills.
Profeciency in the English language
A Bachelor degree preferably in a business or related area
Additional Information
Mandatory to successfully complete Anti-Money Laundering and Sanctions training and post-course assessment, as required.
Useful Link
Link to Careers Site: Click HERE
You’ll achieve more at HSBC.
HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment.
Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
Issued by The Hongkong and Shanghai Banking Corporation Limited, India
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