1+ months

FX Cash and Options Middle Office Analyst

New York, NY 10007
  • Job Code

At HSBC, the health and well-being of our employees remains of utmost importance.  Many of our roles are permitted to work from home (in states in which HSBC is licensed to operate) until further notice. Upon resumption of normal operations, this role may be performed at our New York, New York office.


Responsible for monitoring and managing the trade capture workflow, monitoring and resolving intersystem reconciliations, and coordinating with Trading, Sales, and Operations in the day to day business. Trade capture responsibilities include, but are not limited to, assisting with trade bookings and amendments, facilitating trade life cycle events and identification and resolution of variations in risk as raised by Trading.  In addition, the role requires all trade issues to be monitored, escalated as necessary, and resolved in a timely and efficient manner. As a result, the role is an escalation point for the various Front Office and Operations teams.


Primary Responsibilities/Essential Functions:

  • Assist with trade bookings and amendments as requested by Trading and Sales
  • Managing FX Options lifecycle events, including exercises/expirations, fixings, and barriers.
  • Monitor and resolve intersystem and cross-entity reconciliation discrepancies
  • Coordinate the resolution of exceptions with internal stakeholders including Front Office staff, IT, and Operations
  • Review and validate all relevant daily operations tasks are completed
  • Exercise superior client service through professional phone and email communications with internal (and external where applicable) clients
  • Supports all IT projects and new business objectives to ensure they are implemented on schedule with no issues.
  • Adheres strictly to compliance and operational risk controls in accordance with HSBC and regulatory standards, policies and practices; reports control weaknesses, compliance breaches and operational loss events. counterparts to ensure consistency and alignment to target operating models within the Middle Office


Decision-Making Responsibility

  • Use judgment to act in the team’s and the organization’s best interest in all responsibilities and situations
  • Ability to apply judgment to operational situations to drive progress
  • Identify potential financial risk to the bank and ensure proper resolution is achieved within the bank’s guidelines
  • Escalate to senior management (e.g. Front Office, Product Control, Compliance, and/or Operations) any issues that may cause financial loss to the bank or that could affect client relationships and provide awareness of potential issues
  • Demonstrate a commercial mind-set when decision making regarding costs with a focus on value for money. Articulate cost benefits clearly and provide transparency regarding actual savings.


Management of Risk

  • Display understanding of and adherence to internal controls as well as relevant regulatory guidelines and controls and promote the awareness of the same
  • Must be aware of the Operational Risk scenario associated with the role and acts in a manner that takes account of operational risk considerations
  • Ensure compliance with operational risk controls in accordance with internal or regulatory standards and policies; and optimize relations with regulators by addressing any issues
  • Promote an environment that supports diversity and reflects the HSBC brand and adheres to the values of the company


Observation of Internal Controls

  • Each employee must maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators. Any failures to comply with the above should be reflected in year-end performance assessments
  • Each employee must understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which the jobholder is involved, specifically Internal Controls and any Compliance policy including, inter alia, the Group Compliance policy


Posted: 2022-04-08 Expires: 2022-07-08

HSBC offers the opportunity to develop a fulfilling career within a supportive and inclusive environment. We aim to be a place where everyone can achieve their full potential, regardless of their background.

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FX Cash and Options Middle Office Analyst

New York, NY 10007

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