Director Rates Trading – Global Banking and Markets - Singapore - myGwork

Description

This inclusive employer is a member of myGwork – the largest global platform for the LGBTQ+ business community.

Some careers grow faster than others.

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.

Securities Services provides robust and reliable solutions that enhance performance and mitigate risk, today and in the future. Working with institutional investors, banks, insurance companies, governments and multinational corporations, Securities Services offers a range of fund administration, global custody, sub-custody and clearing, and corporate trust and loan agency services.

We are currently seeking a high caliber professional to join our team as Director Rates Trading.

Values

The role holder will ensure the HSBC values are present in everything we do, both individually and as an Organisation. This will be achieved by consistently displaying the behaviours of:

• Dependable and do the right thing
• Open to different ideas and cultures
• Connected to customers, communities, regulators and each other

Role Purpose

• Market Maker for interest rate derivatives to HSBC customers
• Manage and monitor desk market risk and ensure trading activity is in compliance with risk limits. Effectively maintains various risk positions whilst adhering to the Bank's risk appetite
• Business Development. Develops sales/client/market contacts, and explores possibilities for expanding product market share with the local and regional teams, at a time of increasing competition, narrower margins and increasing regulation
• Maintain a thorough knowledge of the product area including market liquidity and volatility, pricing and trading strategies, and regulatory considerations
• Ensure trading activity is in compliance with the permitted instrument list
• Ensure a culture that is aligned with core HSBC values of responsible conduct at all times
• Maintain high standards of professional conduct and behaviour. Ensure that all transactions deliver fair outcomes for our customers and do not disrupt the orderly and transparent operation of financial markets; and are in line with the HSBC Code of Conduct
• Cooperate with sales and structuring teams in providing clients tailor-made products, as needed; assists in ensuring the long term viability of the bank's trading businesses through the development of new products and improvement of processes
• Contribute to set up of ASEAN buildout
• Digitize bond and IRS offerings