Global Data Services is made up from 3 groups: Global Market Data within HSBC Securities Services, Global Data Operations from GB&M, and Reference Data IT.
We now comprise over 300 FTEs across 10 locations globally. We have 2 offshore service centres in Bangalore and Kuala Lumpur as well as 2 onshore data service centres in Stirling and Hong Kong
Our principle objective is to deliver consistent, high quality, accurate data to core strategic processing systems, minimising operational errors and avoiding losses
The data we manage is intrinsic to the management of a transaction through its lifecycle, and the quality and accuracy of the data is crucial to the successful processing of a transaction and delivery of a high quality service to our customers
We provide manual and automated data services to a wide variety of business units across the Bank
Our manual services include set-up and maintenance of security data - bonds, equities, fixed income, derivatives and many other instrument types in use
We also provide pricing services - validation and cleansing of pricing feeds from multiple vendors, delivering a single price for use in delivering valuations for customers
Our technology services include delivering untouched {pass-through} data such as ratings & calendar data automatically into our customers’ systems
We also pre-cleanse security information which is then fed automatically from our central data hub, GRDS {Global Reference Data System} into our customers’ systems
Our data is used all across the trading systems in Global Markets and throughout the Accounting and Valuation and Custody systems in HSS: without our data, we wouldn’t be able to trade, or serve our customers
Our strategy is designed to deliver a change in culture: from our previous work aligned to individual divisions, to a more commercial, shared service mindset
The role of the Market Data Analyst is to provide day-to-day Market Data support for HSS services.
To assist in both the research work for Market Data standards, and the proactive investigation required to ensure the business is aware of, and prepared to cope with, changes in market practice and moves into new market areas.
Specific responsibilities are as follows :
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Provide day-to-day Market Data support to HSS business areas
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Investigate and satisfactorily resolve queries and issues within agreed procedural guidelines
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Carry out testing of systems as requested for existing Market Data processes
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Assist with monitoring adherence to Market Data procedures
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Carry out proactive and reactive research into investment market practices, at instigation of the Manager, assessing the impact on existing Market Data policies and updating/amending these where required
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Identify and propose practical solutions to improve current processes/workstreams
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Understand the levers and drivers behind business performance
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Understand how role impacts the team and business performance
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Suggest improvements to department processes and procedures
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Demonstrate resilience, initiative and drive under pressure
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Keep up to date with market developments through liaison with relevant information vendors and review of market publications as directed by
Manager
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Assist in building library of market/industry knowledge. Ensure effective communication.
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Express ideas clearly and concisely, both orally and in writing.
Qualifications
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Educated to degree level or hold Investment related qualification (e.g. Securities Institute certificate)
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At least 2 years experience in a Market Data,
Pricing and Valuations or Corporate Action environment
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Ability to plan and organise workload, taking into account relative priorities
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Ability to work accurately under pressure to tight deadlines
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Strong relationships skills / ability to communicate effectively both in writing and verbally
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Good knowledge of international investment markets
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Excellent knowledge of Reuters, Bloomberg and relevant data feeds
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Flexible approach to working hours and environment
