Senior Fund Administrator - Net Asset Value
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If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. 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.
HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 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 Senior Fund Administrator – Net Asset Value.
In this role, you will:
- Primary responsibility of preparing NAV packs and performing checker activities. Proactively identify and resolve problem situations to give maximum customer satisfaction and escalate where necessary and undertake appropriate measures to improve quality and prevent recurrence.
- Establish and maintain effective relationship with customer business areas and identify areas of service improvements. Act as a key escalation point in resolving issues with the Business Partner on a timely & ongoing basis.
- Ensure packs are delivered with quality and within set deadlines with an additional focus on priority clients and strategic approach to valuations should be done keeping the priority clients in mind. Procedural changes/new initiatives are reviewed, agreed with the business areas, fully communicated to staff and implemented.
- Maintains HSBC internal control standards, overseeing the timely implementation of internal and external audit points together with any issues raised by external regulators.
- Proactively be aware of the Operational Risk scenario associated with the role, and ensure that all actions during your employment with HSBC take account of the likelihood of operational risk occurring. Ensure escalation process is in place and is effective.
- Ensure GAV/NAV operating procedure is followed with management of risks (if any). Continually assess the risks inherent in department processes and procedures.
- Additional review of Job-Aid Matrix, SOPs, process notes, checklists and other internal process related documents periodically.
- Undertake any additional responsibilities that may be required by the manager in support of specific projects, on-going management and development of the process. Undertake the fund’s activities correctly as per the SOP. Ensure timely and accurate publishing of MI/Reports.
To be successful you will:
- Bachelor’s degree in commerce or qualifications to accounting/finance industry or relevant experience. Detailed understanding of single sub-process, control points, end to end process risk. Excellent knowledge in accounting principles and fundamentals of accounting.
- Decent knowledge in A&V process with clear understanding of the end-to-end Fund Accounting Model. Basic knowledge in custody, brokerage, depository, investment accounting, mutual funds, Corporate Actions, Financial Instruments and reconciliations.
- 3-6 years of relevant Funds administration experience.
- Efficient Time Management and ability to multitask work and priorities to meet defined deadlines. Proactive in implementing and driving solutions. Ability to build excellent rapport and working relationships with other departments and jurisdiction thus ensuring smooth operations.
- Should have demonstrated behavior in line with HSBC values throughout. Strong working knowledge on MS Office. 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.
- Must be aware of the operational risk scenarios associated with this role and act upon pertinent risk (if any).
You’ll achieve more when you join HSBC.
www.hsbc.com/careers
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.”
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