Fixed Income Analyst

If you’re looking for a career where you can make a real impression, join Global Service Center (GSC) HSBC and discover how valued you’ll be. HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

Fixed Income Analyst

The HSBC Custody Asset Services Department is responsible for the processing of dividends, coupons and mandatory/voluntary corporate actions related to equity and fixed income products through the lifecycle of the corporate event. This role is primarily responsible for principle and interest payments on FED related products as well as coupon and P&I for DTCC eligible securities.

Responsibilities:

• Requires extensive US market knowledge of P&I and coupon processing for FED and DTCC eligible products.
• Should be familiar with reviewing and understanding DTCC event announcement screens to scrub event data announced to custody clients.
• Should know how to create coupon and P&I entitlement calculations utilizing bond information as well as being familiar with reading and understanding remittance reports.
• Strong understanding or market practice around claims and counterparty payments.
• Knowledge or MT102/202 SWIFT Wire generation.
• Knowledge of SWIFT messaging is a plus, primarily MT564/565/566/567/568 messages.
• Processing knowledge in Broadridge’s BPS application and understanding of complex stock record positions is a plus.
• Knowledge of FED and DTC processing, including CA Web and SmartTrack, Postedge.
• Act as liaison with internal/external business partners.
• Review cash/stock record reconciliations, ensuring timely and appropriate resolution on breaks.