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Business Descriptor
HSBC Corporate and Institutional Banking (CIB) is a markets-led, financing-focused business that provides investment and financial solutions. Within CIB, Securities Services provides robust and reliable solutions that help clients mitigate risk and enahce their performance. Working with institutional investors, banks, insurance companies, governments, and multinational corporations, Securities this team a range of fund administration, global custody, sub-custody and clearing, and corporate trust and loan agency services.
We are currently seeking a person to join the Fund Administration team (FS) within Securities Services.
Principal Responsibilities
Ensure error-free calculation of Net Asset Value (NAV) and timely / accurate reporting to clients on a daily basis.
Preparation of various client and regulatory reports as per prescribed formats and timelines.
Handling of various audits (Statutory Audit, SEBI Audit & Internal Audit) for the Mutual Fund / Insurance / AIF clients.
Process and Productivity Improvement - Contribute towards cost saving / revenue enhancement initiatives for the business by automating the manual processes thereby improving the productivity.
Ensure Operational Memorandum & Client SLAs are always met. Ensure that all new Client requirements are accepted if feasible.
Tracks competitors with respect to service proposition, value-added services, best practices etc.
Explores avenues for service improvements and provides value-adds to clients on an ongoing basis.
Ensure error-free and efficient operations across all clients as well as adherence to defined process notes and diligently following the daily checklist put in place. To put in tools / triggers to monitor performance as per the defined process notes and checklist on an ongoing basis. No instance to be observed where any process deviation / exception has taken place that has resulted in negative impact for the client or HSBC.
To manage operational risk, including its identification, assessment, mitigation and control & assess operational gaps / inefficiencies which could lead to frauds and lapses.
Implement Global Standards
Role Requirements / Educational Qualifications / Certification / Experience
Applicant should be a person having sound knowledge of SEBI Mutual fund regulations and financial accounting, preferably a Bachelor of commerce degree (Specialized in accounting).
An exposure to capital market would be an added advantage.
He should possess at-least 5-6 years of work experience.
Additional Information
Mandatory to successfully complete Anti-Money Laundering and Sanctions training and post-course assessment, as required.
HSBC is 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.
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.
Issued by The Hongkong and Shanghai Banking Corporation Limited, India
IT Services And IT Consulting Banking And Financial Services
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