Fund Administrator

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 Administrator.

In this role, you will:

• Transaction Management Team is responsible for Trade capture, exception management and service routing of trades to downstream systems along with adding and settlement of cash transactions to accounting. The individual will have to complete all the activities of the assigned funds within the set time limit and ensure that the fund pack is delivered to the stakeholders within the Performance Level Agreement. 
• The role will operate within the orbit of the Trade Processing Shell of Funds service’s strategic plan. The jobholder will also continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology. 
• The jobholder will also adhere to and be able to demonstrate adherence to internal controls. This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators.
• The jobholder will implement the Group compliance policy by containing compliance risk in liaison with Global Head of Compliance, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer which will be achieved by adhering to all relevant processes/procedures and by liaising with Compliance department about new business initiatives at the earliest opportunity.

• Review the Postings/uploads and ensure all downstream/Business Partner are responded in a timely manner. Produce accurate Trade Packs within set deadlines for review. Input and maintain accurate fund accounting records (wherever applicable)

• All Business Partner /Stakeholders queries to be responded in a timely manner and perform User Acceptance testing as and when required. Initiatives to demonstrate the application of HSS Six principles in the day-to-day work environment and updating all daily Management Information System/trackers as required by the process.

• Enhancements to Job-Aid Matrix, Standard Operating Procedure, process notes, checklists, Key Performance Indicator and internal processes as and when required.
• Ensure timely follow up on the open & outstanding issues that hinder the valuation and ensure escalation Matrix is followed as agreed for Business Partner Locations. Nil breaches in all groups and risk policy. Audit, Business Risk Control Management and Compliance reviews rated as 'satisfactory'.

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 in accounting principles and fundamentals of accounting.
• Proficiency in one or more accounting platforms – Geneva, Transaction Lifecycle Management, Multifonds, ICON, CADIS, Reuters / Bloomberg. Proficiency in EXCEL essential.
• Ability to Speak and understand English.
• Good interpersonal and teamwork skills.
• Ability to re-prioritize workloads due to changing circumstances; meet strict deadlines. 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.
• Basic knowledge in investment accounting, investment valuations, mutual funds. Excellent customer service and communication skills.
• Possess good analytical and problem-solving skills.

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***