Associate Director, ETD and OTC Clearing Sales

If you’re looking for a career that will help you stand out, join HSBC, and fulfil your potential - whether you want a career that could take you to the top, or an exciting new direction, we offer opportunities, support and rewards that will take you further.

We’re one of the largest banking and financial services organisations in the world, with a network that covers more than 50 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Associate Director, ETD and OTC Clearing.

As an Associate Director in derivative clearning services (DCS), will be responsible for growing HSBC's listed derivatives clearing, OTC derivative clearing and institutional client franchise

As an HSBC employee in the UK, you’ll have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

In this role you will:

- Focus on the origination of new ETD and OTC clearing institutional mandates
- Cross-selling of ETD and OTC clearing capabilities across MSS divisions
- Plan regular marketing campaigns to advertise HSBC ETD and OTC clearing capabilities at flagship industry events
- Coordinating all aspects of the clearing origination process with business stakeholders in legal, operations and risk control
- Develop relationships with exchanges and clearing houses, clearing brokers, regulators and industry bodies
- Proactively identify and manage risks associated with derivatives clearing activities, ensuring adherence to all regulatory requirements
- Stay up-to-date on evolving regulations and industry best practices in derivatives clearing and communicate regulatory and industry developments to clients
- Develop and implement new and innovative clearing solutions to enhance efficiency and profitability
- Contribute to the development and execution of the bank's capital allocation strategy for derivatives activities

To be successful in this role you should meet the following requirements:

- Proven working experience in derivatives clearing sales, with a proven track record of mandates origination at a leading clearing broker
- In-depth knowledge of derivatives products, clearing house rules, and relevant regulations
- Strong understanding of risk management principles as applied to derivatives
- Excellent ability to build and maintain strong relationships with internal and external stakeholders
- Experience with relevant clearing technologies and systems is highly desirable

Opening up a world of opportunity

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.

If you have a need that requires accommodations or changes during the recruitment process, please get in touch with our Recruitment Helpdesk:

Email: [email protected]

Telephone: +44 207 832 8500