Some Careers Have More Impact Than Others.
If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.We are currently seeking an experienced professional to join our team in the role of
Fund Administrator
Business: Corporate & Instant Banking
Principal Responsibilities
Impact on the Business/ Function
- Participate in the deployment of defined business solutions to remove manual processes.
- Identify and reduce manual processes for enhanced operational control. Support and implement technology up gradation.
- Lead User Acceptance Testing for the business (as and when required).
Customers / Stakeholders
- Primary responsibility of preparing NAV packs and performing checker activities as and when required.
- Raising the exceptions with appropriate teams to ensure the actions of the same before finalizing the pack.
- To develop and maintain mutually respectful & successful relationships with internal customers & business partners.
- Ensure all service deliveries are timely, accurate and in line with PLAs, agreed standards, client commitments and BP expectations.
Leadership & Teamwork
- To share process related best practices with the team.
- Initiatives to demonstrate the application of principles in the day to day work environment Participation and support provided to initiatives taken by other teams
- Perform any additional responsibilities that may be required by the Supervisor in support of the on-going management and development of the division
- Be involved in the project / support related activities as and when it arises.
- Undertake/conduct trainings/cross training for all staff including existing and new staffs.
- Being proactive in identifying root cause for process related challenges and share qualitative resolution
- Be flexible to adopt in different working environment with counter parts across the globe.
- Demonstrate Group Values & principles
Operational Effectiveness & Control
- To maintain HSBC internal control standards including the timely implementation of audit points.
- Updating all daily MIS/trackers as required by the process.
- Complete all Mandatory trainings as and when required.
- Ensure timely follow up on the open & outstanding issues that hinder the valuation. Ensure, Escalation Matrix is followed as per agreed between Business Partners and MSS Kolkata.
- Undertake/participate in projects for improvement in delivery quality and/or timeliness.
- Identify and reduce manual processes for enhanced operational control. Support and implement technology up gradation
- Continually raising the risks that have been identified / observed in department processes and procedures.
- Support audit process and recommendations on a timely manner
- Perform the fund’s activities correctly as per the SOP, Checklist and controls.
Requirements
- Bachelor’s degree in accounting or other qualifications relevant to the accounting/finance industry.
- 0-2 years of relevant/accounting work experience.
- Good knowledge of Capital Markets and Financial instruments.
- Basic knowledge of end to end product and process, multiple market and regulations.
- Good knowledge in accounting principles, fundamentals of Accounting.
- Proficiency in EXCEL essential.
- Ability to Speak and understand English.
- Good interpersonal and team work skills.
- Organized and detail oriented.
- Ability to re-prioritize workloads due to changing circumstances; meet strict deadlines.
- Basic understanding of the E2E Fund Accounting Model.
- Basic knowledge in custody, brokerage, depository, investment accounting, mutual funds and reconciliations.
- Must be aware of the operational risk scenarios associated with this role and act upon pertinent risk (if any).
- Graduate/CA/ ICWA/ CS / PGDBM/MBA in Finance or CFA (D)
- Will be expected to maintain HSBC internal control standards, including the timely implementation of internal and external audit points, together with any issues raised by external regulators
What additional skills will be good to have?
- Knowledge of Derivatives Instruments
- Expert in Accounting Knowledge
- Earlier experience in custody / brokerage / funds services / depository industry.
- Detailed understanding of end to end product and process, multiple market and regulations pertaining to the fund services industry.
- Excellent customer service and communication skills.
- Working knowledge of accountinng applications used across industry
- Life cycle of NAV process
- Additional qualifications related to financial industry will be given preference
- Responsible for the implementation of Group Compliance Policy as is applicable to this role.
- Must be aware of the Operational Risk scenario associated with this role and to ensure that all actions performed take into account the likelihood of operational risk occurring.
You’ll achieve more at HSBC
HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.”Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
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