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 organizations 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 Subject Matter Expert.

In this role, you will:

• The jobholder is responsible to participate in the deployment of defined business solutions and remove manual processes to ensure efficiency and compliance with the business mandates. .
• Drive the identification and reduction of manual processes for enhanced operational control. Further, ensure provision support and implementation of technology up gradation.
• Lead and oversee User Acceptance Testing for the business (as and when required) initiatives.

• The role includes the primary responsibility of preparing NAV packs and performing checker activities.
• Ensure that problem situations are proactively identified and resolved to give maximum customer satisfaction and escalated wherever necessary. Further, the jobholder is also responsible to 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 the primary escalation point in resolving issues with the Business Partner on a timely & ongoing basis.
• Ensure packs are delivered with quality and efficiency within the setdeadlines. Additionally, responsible for focusing on priority clients and strategic approach on valuations which should be done keeping the priority clients in mind.
• Responsible to ensure that procedural changes/new initiatives are reviewed, agreed with the business areas, and are fully communicated to staff and implemented.

• 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

To be successful you will:

• Bachelor’s degree in Commerce or qualifications to accounting/finance industry or relevant experience. 3-5 years of relevant Funds administration experience. Additional qualifications related to financial industry will be given preference.
• 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 E2E Fund Accounting Model.
• Basic knowledge in custody, brokerage, depository, investment accounting, mutual funds, Corporate Actions, Financial Instruments and reconciliations.
• Ability to build excellent rapport and working relationship with other departments and jurisdiction thus ensuring smooth operations.
• 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).

• Knowledge of Derivatives Instruments. 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 Bloomberg / Reuters, other reconciliation and accounting applications used across industry Life cycle of NAV process.

You’ll achieve more at HSBC

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.

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