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Global Markets is part of our HSBC Corporate and Institutional Banking division, a markets-led, financing-focused business that provides investment and financial solutions. Our Markets business is one of the largest of its kind in the world. It combines sophisticated 24-hour global coverage with a detailed knowledge of local markets. Our services are offered both online and offline in 58 countries and territories. We specialise in foreign exchange, credits and rates, structured derivatives, equities and debt, equity and equity-linked capital markets.
We are currently seeking a high calibre professional to join our team as a
Cash Equities Product Owner. Role Purpose Responsible for owning and developing the global Cash Equity product.
Product Owners collect and prioritise requirements from multiple stakeholders incl. clients, the global Cash Equities business and front-to-back support functions. They ensure the platform evolution enables and supports the Cash Equities business and client strategy in terms of functionality, capability and front-to-back capacity, working closely with technology to successfully deliver.
Key Accountabilities Accountable to the Cash Equities business for ensuring:
- Working with key stakeholders across sales, business, and COO, ensuring the Cash Equities product vision, strategy and delivery roadmap is well-defined and widely understood, defining key business requirements, defining success in measurable terms and ensuring successful end-to-end delivery, serving both external (e.g. clients and regulators) and internal (e.g. sales desks, trading desks and front-to-back) stakeholders.
- The Cash Equities product vision, strategy and delivery is well-co-ordinated and aligned with the commercial business objectives and outcomes.
- Both external and internal front-to-back requirements are well-understood and appropriately prioritised within the Cash Equities delivery on an on-going basis.
- Managing competing priorities on an on-going basis - ensuring resources are re-directed dynamically to maximise output
- Proactively identify and implement process re-engineering and platform improvement initiatives in a globally consistent way.
- Helping ensure the Cash Equities Product Owner team is effective and well-co-ordinated, with individual Product Owners understanding how their delivery benefits the Cash Equities Business as a whole.
- Assisting with establishing annual funding for Cash Equities through providing information, analysis and lobbying senior stakeholders and members of central transformation function.
- Strong delivery governance is in place, with progress / risks / issues effectively and transparently communicated.
- Operational risk and cost is minimised front-to-back through an on-going focus on remediating existing issues plus increasing STP and automation.
Impact on the Business Improved technology delivery into the business will increase client revenues, increase trading revenues, decrease operational risk and increase regulatory compliance.
Customers / Stakeholders - Cash Equities management
- Cash Equities COO
- Senior Cash Equities trading heads and traders
- Global Cash Equities technology based across multiple locations
- Front-to-back stakeholders, particularly Operations / Finance / Product Control / Risk / Legal / Compliance / Non-Financial Risk (NFR) etc.
Leadership & Teamwork To be successful in this role, the candidate must own the Cash Equities product and drive its evolution over time, working closely with other members of the Cash Equities Product Owner teams, and members of Cash Equities COO.
The candidate must manage stakeholder expectations, adhere to delivery timeframes and provide regular management updates on progress.
A successful candidate must work in partnership with Technology and be hugely demanding in order to drive delivery. They will lead and enable technology teams: removing blockers, answering questions and providing information which helps delivery teams deliver more quickly.
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 COO / NFR to ensure that control and regulatory requirements are understood and appropriately prioritised.
Role Context Within the Global Equities and Securities Financing business, a team of Product Owners has been established, which includes full-time Product Owners, like this role, and part-time Product Owners, who have a day job" within those Businesses.
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.
- Delivery should be well-communicated with all relevant stakeholders to ensure external dependencies are raised and can be controlled.
- Ensuring post-delivery there is a seamless transition to BAU.
Observation of Internal Controls All technology development should occur within a rigorous framework of internal controls.
Knowledge & Experience / Qualifications - Deep Cash Equities product expertise is essential.
- Successful history of working closely with technology and other key front-to-back stakeholders, driving change in a collaborative manner based on agile principles.
- Ability to build and sustain a wide network of global stakeholders in a large matrix organisation.
- 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
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