Fund Administration Processor

Some careers shine brighter than others.

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 Fund Administration Processor.

FTC role – 1 Year contract

In this role, you will:

• 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 upgradation.
• Lead User Acceptance Testing for the business (as and when required).

• 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 training as and when required. Ensure timely follow up on the open & outstanding issues that hinder the valuation. Ensure, escalation Matrix is followed as agreed between Business Partners and MSS Bangalore.
• Undertake/participate in projects for improvement in delivery quality and/or timeliness.  
• Identify and reduce manual processes for enhanced operational control.
• 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.

To be successful you will:

• 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 products and process, multiple market and regulations. Good knowledge in accounting principles, fundamentals of accounting.
• Proficiency in EXCEL essential. Good interpersonal and teamwork skills. Organized and detail oriented. Ability to prioritize workloads due to changing circumstances and meet strict deadlines.
• Basic understanding of end-to-end 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). 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

• 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. Working knowledge of accounting 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 ensure that all actions performed take into account the likelihood of operational risk occurring.

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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***Issued By HSBC Electronic Data Processing (India) Private LTD***