Job Description

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 ofSenior Fund Administrator

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).

• Preparing and Reviewing Financial Statements, in accordance with local legal requirements and relevant accounting standards for the respective country, i.e. IFRS or US GAAP or Local GAAPs as applicable and within strict timelines.
• Supporting the audit / review process as and when required. Also, support on other ancillary activities to the preparation of Financial statements and/or audit process.
• Ability to understand client and jurisdiction requirements and conform to them for all deliverables. Support the Manager in the process and to work in perfect harmony to ensure service level excellence.
• Identifying and Implementing opportunities for process efficiencies. Adhere to Markets securities services clients’ service level agreements, internally and upwardly communicating delays and issues. Participate in production of regular internal reports for management information, including the preparation of KPI’s.

• 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 Markets Securities Services. 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 upgradation.
• 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:

• Commerce graduate or post graduate with relevant working experience. Professional qualification in the fields of Accounting like CA, ICWA, CFA and CS with relevant working experience. IOC / CISI certification would be an added advantage.

• Strong Accounting Concepts with a clear understanding of financial statements. Sound knowledge of various types of assets, Funds Administration and accounting services and understanding of valuations cycle, financial instruments, corporate actions and accounting concepts.
• Understanding of the Accounting Standards and the ability to relate them to the disclosures in the Financial Statements. Exposure to (IFRS) International Financial Reporting Standards and (US GAAP) United States Generally Accepted Accounting Principles will be desirable. Knowledge of types of Performance Reporting and calculations employed in the industry

• An understanding of investment instruments and how they are processed for performance calculation purposes is required. Strong Microsoft Excel and Microsoft Word skills.
• Understanding of Cash reconciliation, Income and Expense would be an added advantage. Knowledge of Bloomberg, Reuters and relevant data feeds would be added advantage.
• Should have an eye for detail and a strong analytical mind. Efficient Time Management and ability to multi task work and prioritize to meet defined deadlines
• Should be able to communicate effectively with overseas customers and employees.
• Proactive in accomplishing tasks without being asked to do so.

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.”

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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