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Prime Finance Arranged Finance Product Owner - HSBC - New York, New York - EXPIRED


This is an archive of an expired job.

Job Information:

Company: HSBC

HSBC Logo North America-United States-New York-New York

Responsible for delivering the Prime Finance Arranged Financing product which is a key strategic initiative for the business.

 

The key activity of a Product Owner is collecting and prioritising requirements from the Global Prime Finance business and cross-asset / front-to-back stakeholders in order to drive delivery for a given area.

 

Key Accountabilities

 

Accountable to the Prime Finance business for ensuring:

  • The Arranged Financing product roadmap is developed, defining the key business requirements, managing sponsored deliverables throughout the development cycle, ensuring tangible and successful end-to end delivery
  • Ensure product investment is clearly aligned to commercial business objectives & outcomes
  • Ongoing engagement with key front-to-back infrastructure functions (e.g. operations, technology, legal, compliance, regulatory change) in order to shape the product offering
  • Continual review, evaluation and enhancement of the product offering. Ensure that the product offering is in-line with client requirements and meets business performance targets
  • An understanding of the hedge fund competitive landscape to innovate and drive our products forward to be best-in-class
  • Monitoring of ongoing regulatory requirements and changes, assessing impact to the business model, and developing strategic proposals accordingly
  • Proactively identify and implement process re-engineering and platform improvement initiatives in a globally consistent way.
Impact on the Business
  • Improved technology delivery into the business will decrease operational risk, increase regulatory compliance and increase trading revenues.
Customers / Stakeholders
  • Senior Equity/Prime Finance Management
  • Global GB&M technology developers (based in New York, Toronto, London, Hong Kong, Pune and Guangzhou).
  • Front-to-back stakeholders e.g. Finance / Risk / Operations
Leadership & Teamwork
  • To be successful in this role, the candidate must work in partnership with Technology in order to drive delivery. They should lead and enable technology teams: removing blockers, answering questions and providing information which helps the delivery team move quicker.
Operational Effectiveness & Control
  • Throughout the technology delivery cycle, operational risk and controls must be at the forefront of a Product Owner’s mind. It is also important to work closely with Business Management / Control Office to ensure that control and regulatory requirements are understood and appropriately prioritised.
Role Context
  • Within the Global Equities business, a network of Product Owners has been established, which includes full-time Product Owners, like this role, and some part time Product Owners, who will have a “day job” within the Equities Business.
Management of Risk
  • All technology development should be rigorously tested / signed off prior to release
  • This role is responsible for this testing and sign-off process
  • Development should be well-communicated with all relevant stakeholders to ensure external dependencies are raised and can be controlled
Observation of Internal Controls
  • All technology development should occur within a rigorous framework of internal controls.

Qualifications

 
  • 5-10 years Prime Finance product development experience at a top tier bank
  • Deep understanding of  US Prime Brokerage / Arranged Financing and critical success factors
  • Manage project programs across multiple streams of work simultaneously while balancing the client needs versus budgetary pressures
  • Successful history of working closely with technology and driving technology change in a collaborative manner.
  • Ability to meet firm wide risk and control standards and gain legal, risk and compliance approval in regards to product enhancements and supporting business requirements.
  • Proven track record of effectively resolving issues and conflicts to ensure timely delivery
  • Ability to drive an agenda and consensus across multi-functional and cross-regional teams
  • Ability to build and sustain a wide network of stakeholders in a large matrix organisation.
  • Ability to think strategically in designing end-to-end solutions, re-engineering business and operational processes as required
  • Demonstrates problem solving abilities
  • Commercial outlook
  • Excellent written and verbal communication skills
EEO/AA/Minorities/Women/Disability/Veterans
 

If you would like to notify the Diversity Recruitment team of your application or if you are simply interested in learning about opportunities at HSBC, please email [email protected]