Assistant Vice President, Alternatives Operations(CA/CPA, Global TAX)

Hybrid model

Bangalore location

Keyskills

gramashetty@allegisglobalsolutions.com

Assistant Vice President, Alternatives Operations

Business: Intl Wealth & Premier Banking

• The Alternative Investments Operations Team is responsible for the global investment operations function comprises transaction and fund services, portfolio operations, product/portfolio controllership for all alternative investments products of HSBC Alternatives.  The Team operates in London, Hong Kong, Singapore, Germany and our center of excellence in India.
• The principal accountabilities and responsibilities of the Alternatives Tax Monitoring function will be:
• Investment Due Diligence: Support Investment and Operations Teams in review and assessment of tax DD and its implications (registrations, filing obligations etc.). Coordinate requests between external (tax advisor) and internal stakeholders (Group Tax Second Line).
• Monitoring of reporting/ filing obligations related to investments and respective deadlines: Engage with and instruct tax advisors. Ensure provision of supporting documents. Coordinate between internal teams and service providers. Validate outputs.
  Support with and coordinate investment related applications, reporting or other processes (i.e. WHT re-imbursement, requests from authorities or clients), if and as required.
• Monitoring regulatory landscape and share information/knowledge with the business. Ensure compliance across products/ jurisdictions.
• Develop consistent and robust policies and procedures (incl. desk instructions), i.e. BEPS Pillar II.
• Engage with and oversee third party tax advisors. Ensure consistency across locations (process, pricing, service etc.). 

  Leadership & Teamwork

• Team player, listener, must be able to understand the request from stakeholders and consultants so that transitions process improvements can quickly take place.
• Should be flexible to meet adhoc requests and support different time zones.
• Analytical thinking, attention to detail and an ability to follow a disciplined research process is critical for the role.
• Strong awareness of Risk management and controls approach 
• Strong organizational and time management skills, flexible approach to duties and hours of work, client focused.
• Experience in creating MI and dashboards for senior management can be useful.
• Pro-active on technology and smart automation approach

Qualifications - External

• At least 5-7 years of experience in the asset management business
• Strong knowledge of Alternative Asset classes, preferably prior experience into (international) investment tax operations team or equivalent middle office services within asset management or asset management services
• Good level of understanding Alternatives fund structures including cross-border tax specific requirements/regimes across main jurisdictions, included but not limited to Luxembourg, Hong-Kong, Singapore, Cayman, US, UK, Germany.
• Accounting skills of Alternatives asset class (Private Equity/ Private Credit). Qualified accountants would be a plus. 
• Best practices sharing with the team and documentation of all processes.
• Proven track-record of strong stakeholder management across geographical locations 
• Lead by example, adopting a can-do attitude, collaborative way of working
• Effective management of escalations/issues related to operational risk.

Regards,

Gopala BR

HR