Senior Manager, Alternative Investment Operations

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HSBC Asset Management (AM), the investment management business of the HSBC Group, serves HSBC’s worldwide customer base of retail and private clients, intermediaries, corporates and institutions invested in both segregated accounts and pooled funds. HSBC Asset Management fulfils its purpose of connecting HSBC’s clients with investment opportunities around the world through an international network of offices in approximately 30 countries, delivering global capabilities with local market insight.

We have an opportunity within HSBC Asset Management Alternatives for a Senior Manager, Alternative Investment Operations.

HSBC Alternatives is the alternative investment arm of HSBC Asset Management, investing globally in a wide spectrum of alternatives asset classes including Private Credit, Private Markets, Hedge Funds, Real Estate, Infrastructure, and Venture Capital, with an AUM of ~79.1 USD billion and ~300 staff across 10 offices (inc. London, New York, Dusseldorf, Hong Kong, and Singapore).

The Alternative Investments Operations Team is responsible for the global investment operations function comprising transaction and trade services, portfolios operations, product/portfolio oversight for all alternative investment products. This role will manage the operations of the Direct Asset products which include Private Credit (Venture Debt, Direct Lending loans, Infrastructure Debt, Revolving Credit, Trade Finance) in the form of funds and mandates.

In this role you will:

• Own liquidity & treasury management tasks including cash flows analysis (calls, distributions & cash forecasting), credit and overdraft facilities, hedging and FX operations
• Provide valuation & performance oversight covering NAV review, valuation support for hard-to-value assets, carry interest & waterfalls, income reconciliations, ECL & amortisation calculations.
• Provide valuable contribution into the relevant reporting requirements that are linked to portfolio and investor, tax and audit support and take responsibility for the review of legal documents, transaction administration & compliance, investment restrictions monitoring with a risk centric emphasis.
• Be actively involved in product launches and fund closings, new products, structuring operating models as well the set-up of operational infrastructure for new & complex products.
• Collaborate with internal teams (Investment, Investor relations, product design, legal etc) and external stakeholders which includes oversight of service providers and supporting Investor services (RFP, queries management), due diligence questionnaires.

To be successful in this role you should meet the following:

• Have the relevant level of accountancy experience and knowledge and hold a recognise professional qualification (CAIA, CFA, CIMA etc) is essential.
• Excellent knowledge of Alternative Investment or Private Credit products and working knowledge of mandates and fund structuring is essential.
• Have a strong commercial awareness coupled with an analytical mindset and being comfortable working with complex financial data is essential.
• Really strong Stakeholder Management skills and a professional confidence that engender the view of a ‘Trusted Partner’ across a varied audience that covers internal teams and external counterparties is essential.
• Excellent time management, planning and organisational skills and able to manage multiple tasks with conflicting priorities and deadlines is essential.

This role is based at HSBC Office in London and has a hybrid working pattern