Financial Operations Associate - Common Depository Vault

£300.00 per day PAYE

London

Contract until end of 2026

HSBC are currently searching or a Common Depository Vault Associate to join their team in London. Within this role, you would be responsible for managing the day to day activities of the Primary Issuances into the ICSDs for those transactions that ISV are appointed as Issuing and Paying Agent

Responsibilities:

• Ensure all new issuances into the ICSDs the Global Notes are created and held to meet our regulatory requirements around Common Depository
• Creation and authentication of Global Notes
• Complete the daily activities around the management of the Common Depository Vault and ensure that the Vault is maintained to a high level of accuracy
• Reviewing processes in order to identify areas of improvements relating to automation and/or streamlining, risk reduction or control enhancements. Along with driving these changes through to the implementation stage
• Completion of daily controls and trackers to ensure all activities are recorded and actions completed.
• Establish and maintain operational relationships with peer group client contacts and London CSMs/TMs to ensure strong and efficient processes and open, honest dialogue
• Provide operational support and assistance to the Common Depositary, New Issues, Rate Fix teams in the Global Service Centre in Kolkata
• Assist with testing in UAT environment in relation to system enhancements.
• Manage Ad-Hoc projects that may arise, through working with stakeholders, managing actions points and ensuring timely delivery
• Support the Vault Manager in managing any Internal or External Audit and providing the necessary samples requested by stakeholders

Experience / Skills Required:

• Experience in a Corporate Trust environment
• Prior settlements experience in either ICSDs or settlements
• Knowledge of capital markets products and processes desirable
• Strong communication & client service skills required to build and enhance client relationships
• An ability to multi-task and manage frequently changing priorities
• Previous experience around CASS regulatory requirements would be beneficial
• An ability to work accurately and effectively with minimum supervision
• An ability to work effectively as part of a team supporting colleagues where required

If you are interested in this position, please do not hesitate to apply! Please note that in the event of high volumes of applications, we will only be able to respond to successful applications in the first instance.