Prime Finance Arranged Finance Product Owner - HSBC - New York, New York - EXPIRED
Posted on: 07-27-2020 in New York, New York
This is an archive of an expired job.
Job Information:
Company: HSBC
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.
- 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]