HSBC

Payment Operations and Controls Manager

HSBC$90K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Proven leader managing both onshore and offshore teams.
  • Strong grasp of payment regulations and industry best practices.
  • Experience in operational transformation and managing large-scale changes.
  • Knowledgeable in payment systems within an international banking context.
  • Familiarity with Payment Product G-Suite (GMG/GMO/GPE/GPI).
  • Understanding of HSBC’s internal processes and policies.
  • Exceptional verbal and written communication skills.

Responsibilities

  • Lead development of operational workflows for GPS Operations.
  • Collaborate with cross-functional teams to ensure regulatory compliance.
  • Design and implement controls to minimize operational risks.
  • Train staff in payment operations for improved performance.
  • Oversee integration with US payment platforms to enhance compliance.
  • Act as a subject matter expert, troubleshoots payment system issues.
  • Monitor metrics and recommend enhancements for operational efficiency.

Benefits

  • Access to tailored professional development opportunities.
  • Robust Wellness Hub to support employee health.
  • Empowered community engagement through volunteerism and matching gift programs.
  • Comprehensive Sustainability and Climate Change Initiatives.
  • Inclusive work environment with supportive Employee Resource Groups.
Full Job Description
Reporting directly to the US Head of Global Payments Solutions (GPS) Operations, the Payment Operations & Controls Manager is a key leadership role overseeing a team of onshore and offshore resources across multiple countries. This role will also play a key role in designing, implementing, and optimizing the operational framework for the HCIB branch in the US. The successful candidate will leverage their deep expertise in USD clearing and payment operations to ensure robust, compliant, and efficient processes are in place from day one.

As our Payment Operations and Controls Manager ,you will:
  • Specific to the HCIB branch in the US:
    • Lead the development and documentation of operational workflows for GPS Operations
    • Collaborate with cross-functional teams (Technology, Compliance, Risk, and Product, etc.) to align processes with regulatory requirements and HSBC standards
    • Design and implement controls to mitigate operational risks and ensure transaction accuracy
    • Oversee training of staff in payment operations (onshore and offshore)
    • Support the integration within US payment platforms G-Suite (GMG/GPE/GPI/GMO), ensuring interoperability and compliance
  • Act as the subject matter expert for payment systems, troubleshooting issues and driving continuous improvement
  • Monitor performance metrics and report on operational efficiency, recommending enhancements as needed
  • Reduce operational losses/near-misses via control enhancements and root-cause remediation
  • Must be able to effectively communicate and develop partnerships with a variety of businesses for the purpose of driving operational efficiencies, enhancing client journeys, payment resiliency, automation, and end-to-end transparency
  • Support GPS Operations in internal governance and regulatory engagements (OCC, FRB, FDIC)
  • Develop and inspire a high-performing team culture focused on accountability, innovation, and client service excellence

You'll likely have the following qualifications to succeed in this role:
  • Proven people leader with experience managing onshore and offshore teams
  • Strong understanding of payment regulatory frameworks, industry best practices/trends, controls, risk management, and client service delivery
  • Demonstrated success in driving operational transformation and large-scale change
  • Proven track record and knowledge of payment rails within an international banking environment
  • Robust understanding of Payment Product G-Suite (GMG/GMO/GPE/GPI)
  • Strong knowledge of HSBC internal processes, policies, and operational standards
  • Excellent verbal and written communication and stakeholder management skills
  • Ability to work collaboratively in a fast-paced, cross-border environment

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming and inclusive work environment. 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!

About HSBC

HSBC Holdings plc is a British multinational investment bank and financial services holding company. It is the second largest bank in Europe, with total assets of US$2.984 trillion (as of August 2021). HSBC traces its origin to a hong in British Hong Kong and its present form was established in London by the Hongkong and Shanghai Banking Corporation to act as a new group holding company in 1991; its name derives from that company's initials. The Hongkong and Shanghai Banking Corporation opened branches in Shanghai in 1865 and was first formally incorporated in 1866. The company was renamed The Hongkong and Shanghai Banking Corporation Limited in 1989.
Learn more about HSBC
Size
219,763 employees
Market Cap
$124.1 billion
Industry
Net Income
$5.2 billion
Founded
1880
5 Year Trend
-3.1%
NASDAQ

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