Portfolio Management Support (12 Months Fixed Term Contract) - Global Private Banking
May 1, 2021
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If you're looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. 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.
Wealth and Personal Banking is our new global business combining Retail Banking and Wealth Management; and Global Private Banking, to become one of the world's largest global wealth managers with USD1.4 trillion in assets. Across Asia, where wealth pools are growing faster than in any other region, HSBC's wealth revenues grew 12% in 2019 (year-on-year) to USD5.7 billion. Our dedicated colleagues serve millions of customers worldwide across the entire spectrum of private wealth, ranging from personal banking individuals and families, through to business owners, investors and ultra-high-net-worth individuals. We provide products and services such as bank accounts, credit cards, personal loans and mortgages, as well as asset management, insurance, wealth management and private banking, that best suit our customers' needs.
We are currently seeking a high calibre professional to join our team as a Portfolio Management Support.
Take action on Portfolio Managers' instructions on trades and fund transfers and prepare orders files for all products
Build in and maintain an Excel or Macro as an order planning tool in both equity, Excel or Macro Spreadsheet and bond, Bond Matrix
Responsible for pre trade control regarding available cash and holding positions
Ensure that there is no short selling, available cash is sufficient before placing the orders, clients special guidelines are not breached and the orders are in full compliance with internal and external requirements
Meet dealing cut off times for various markets
Arrange Foreign Exchange to fulfill trade settlements before value date according to different requirements in different markets
Inform and update portfolio managers about all incoming and outgoing funds
Liaise with portfolio managers for the acceptance of securities regarding securities transfers to new accounts and liquidating accounts
Order inputs with allotments on the system
Work with Relationship Managers and Portfolio Managers for partial or full redemptions
Upload or place internal cross trades on the system and to confirm settlement date with settlement team
Liaise with portfolio managers for corporate action events which investment decision is required
Notify the Relationship Managers for other type of events when necessary
Coordinate programs rebalancing
Work with Information Technology team for system enhancements
University degree in business or equivalent
Experiences in securities settlement or dealing preferred
Strong Excel skills including Macro and attention to details
Fluent in English and Cantonese. Fluency in Mandarin will be an added advantage
To be considered for this role, the relevant rights to work in Hong Kong is required.
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Issued by The Hongkong and Shanghai Banking Corporation Limited.