at HSBC
OtherPosted 14 days ago
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**Settlement Clerk – Join HSBC's Securities Services Team!** Coordinate trade settlement, ensuring accurate and timely processing of cash and securities for diverse financial products. Liaise with brokers and customers to resolve settlement issues. Maintain daily data operations and manage Taiwan Central Securities Depository System. Prepare client and regulatory reports. Requires a Business degree, fluent English, and solid securities/banking experience. Key skills: attention to detail, proactive attitude, exceptional customer service. Must hold Trust Level 4 license. Apply now to grow in HSBC's CIB division.
- Compensation
- Not specified
- City
- Not specified
- Country
- Not specified
Currency: Not specified
Full Job Description
HSBC Corporate and Institutional Banking (CIB) is a markets-led, financing-focused business that provides investment and financial solutions. Within CIB, Securities Services provides robust and reliable solutions that help clients mitigate risk and enhance their business performance. Working with institutional investors, banks, insurance companies, governments, and multinational corporations, this team covers fund administration, global custody, sub-custody and clearing, and corporate trust and loan agency services.
People Responsibility: No
Reports To: VP Settlement
- &
1) Trade settlement
- Check customers account sufficiency on securities and cash positions; ensuring it is accurately and timely communicated with customer/customers counterparty
- Matching brokers confirmation and clients instructions
- Prepare relevant application forms and affix FINI chops
- Instruct FS HK for local customers' overseas investment
- Liaise with internal and external customers for updated trade status and trouble trade shooting
2) Reporting/Billing
- Prepare customized and on-request reports
- Prepare controlling reports for products with investment ceiling
- Prepare reports to regulators
- Prepare billing for foreign customers SBL trading and local customers investment
- Prepare brokers commission report and follow up with brokers for timely payment
- Prepare ad-hoc charges
3) System maintenance
- Input customers instructions in GHSS and HSBCnet
- Upload/input alleged trades in GHSS
- Perform trade settlement in GHSS
- Maintain customers payment records in GHSS and HFE2
- Operate TDCC system for share transfer, share positions checking, transaction records download and report printing
- Access TAIFEX website for consolidation FINIs futures activity
- Assist in system testing
4) Tax
- Prepare foreign customers trade confirmations to tax guarantor
- Prepare tax voucher and effect tax payment to tax bureau
- Prepare tax voucher re-issuance to SBL clients counterparty
5) Administrative work
- Print and distribute incoming SWIFT messages
- Work with IT and vendor for printer problem
- Read confirmation/letters from customers counterparties
- Record retention, disposal and stockroom management
- Bachelors degree majored in Business related
- Excellent English spoken and written communication skills
- Strong and solid experience in Securities/Banking related area
- Independent, proactive and positive working attitude
- Good interpersonal skills with mature, pleasant personality
- Detail oriented and capable to work under pressure
- With a high-level customer service
- GPAD covered worker
- (Trust Level 4)
Applicants passing resume screening will be notified for interview and next steps. There will be no further notification or message for applicants either not qualifying for or not being selected for the position applied.
