Some careers open more doors than others.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

Business Descriptor:

The VP, Business Operations will manage day-to-day broking back-office operations across trading support, clearing & settlement, risk operations, depository (DP), reconciliations, and client service. The role is hands-on and execution-focused, ensuring timely settlements, accurate reconciliations, robust controls, and regulatory compliance with SEBI, Exchanges, Depositories, and Clearing Corporations. You’ll work closely with Technology, Compliance, Finance, and front-office teams to drive operational stability and incremental automation.

Core Responsibilities & Duties
1) Trade Support, Clearing & Settlement





Manage daily clearing and settlement activities with NSE Clearing / BSE Clearing ensuring timely fund flows and demat deliveries.
Ensure accurate processing of pay-in/pay-out, settlement obligations, shortages, auction handling, and exception resolution.
Track settlement timelines and ensure adherence to exchange/clearing corporation cut-offs.

2) Margins, Collateral & Risk Operations (Operational Execution)

Support accurate computation/collection of margins, MTM, and exposure; monitor margin shortfalls and coordinate timely actions.
Maintain daily controls around risk checks, limit breaches, and operational risk events; escalate issues with clear root-cause and fix plan.

3) Reconciliations & Controls

Own daily/periodic reconciliations including exchange, client ledger, bank, depository, and settlement-related reconciliations.
Ensure breaks are investigated, evidenced, resolved within defined TATs, and reported through appropriate governance.
Maintain strong maker-checker controls, audit trails, and docume

📌 Vice President Brokerage Operations (Mumbai)
🏢 HSBC Global Services
📍 Mumbai