Regional COO Markets Treasury Americas

Job description

Regional COO Markets Treasury Americas, HSBC Bank USA N.A., New York, NY:

The Regional Markets Treasure (MKTY) Chief Operating Officer (COO) is responsible for working in partnership with the Regional Head of MKTY to set the regional business strategy and engaging with stakeholders across MKTY and related businesses regionally to translate this into an effective regional execution strategy and implementation plans. Responsible for ensuring governance structures and processes are in place and meet group standards. Working in conjunction with the Regional Head of Strategy Execution & Control (Global Treasury) and other Operating Committee (OPCO) members to ensure that businesses operate at the highest level of operational, governance and accountability standards, implementing global standards, global agendas, and driving transformation and change programs. Managing regulatory liquidity, funding, transferred risk and in optimizing profitability.  Reviewing the risk, Profit and Loss (P&L), Risk Weighted Assets (RWA), cash-flow and liquidity reports of the regional balance sheets. Manages all costs of the business against the Annual Operating Plan (AOP). Overseeing operational loss/near miss, Management Self-Identified Issue (MSII), internal audit, regulatory issues in a site, local processes and control infrastructure and ensuring issue resolution to group standard and shares info with OPCO members to ensure the mitigation of any similar risks within the group. Responsible for the delivery of the change agenda including regulatory changes impacting MKTY.

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Full time employment, Monday – Friday, 40 hours per week, Pay range: $277,410 to $290,500 per year.

Requirements

Must have a Bachelor’s degree or foreign equivalent in finance, accounting, or a related field and 10 years of related work experience in a banking or financial services industry. 
 
In lieu of a Bachelor’s degree, Employer will accept 5 additional years of related work experience in a banking or financial services industry.
 
Must have 10 years experience in:

 ·         Front to back system architecture in global markets business;

·         Generally Accepted Accounting Principles (GAAP), hedge accounting for US & International Financial Reporting Standards (IFRS);

·         Interest rate risk and foreign exchange risk buy in;

·         P&L, valuations – fixed income and currency (cash and derivative products) including business finance and valuation controls;

·         Front to back trade flow; and,

·         Non-financial risk framework and governance, including model risk and governance.

Employer will accept any suitable combination of education, training, or experience. 

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In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in  the U.S. as HSBC will not engage in immigration sponsorship for this position. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a competitive benefits package including a robust Wellness Hub, in a welcoming, diverse, and inclusive work environment. You will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC.  We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!