Job Description

Job description Business: HSBC Asset Management - HSBC Alternatives Open positions: 1 Role Title : Alternative Senior Manager - Operations Design and Delivery GSC\'s Global Career Band: 4 Location: Bangalore Why join us Role Purpose HSBC Alternatives is the alternative investment arm of HSBC Asset Management, investing globally in a wide spectrum of alternatives asset classes which include private market funds, hedge funds, real assets (direct real estate and energy transition infrastructure equity) , infrastructure and private debts, venture capital, with an AUM of $64 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 comprises portfolio transaction services, core investment support and control to enable investment decisions, product/portfolio controllership for all alternative investment products of HSBC Alternatives.The team operates from centres of excellence in London, Bangalore and Singapore. Part of the Alternatives Operations Team, The Alternative Senior Manager - Operations Design and Delivery role, will be located in Bangalore, will support directly the Operations Director - HSBC Alternatives, and will focus on the design and operating model for any new and existing investment capabilities managed and to be introduced to Alternatives Business across countries and entity. What you\'ll do: The role holder will include the following activities: Designing and setting up new operating model related to portfolio/fund\'s structure across Alternatives investment capabilities in close collaboration with Product, Investment functions as well as Investment Operations capabilities leads across alternatives investment products until full portfolio onboarding. It would include processes, resources, any 3rd party relationship and infrastructure built. Supporting any change to existing operating models to reflect any new services, processes and controls. Developing a global effective operation framework and comprehensive documentation according to HSBC standards, for all operating models as a member of the Design and Delivery Operations team. The capabilities will be allocated according to capacity, expertise, and background. Contributing actively and on a continuous basis to end-to end process mapping in close engagement with functional architecture team, 1st line of Defence risk and controls and 2nd Line of Defence to get guidance, support and assurance in the review of the output. Engaging with global fund services to take part of 3rd party providers relationship and the assessment of their product and technology services related to Alternatives capabilities (fund administrator, loan services, TA, Custodian, cash management solutions ) at the initial set-up as well as on an ongoing basis. Directly supporting Alternatives Operations Director in any inorganic initiative and potential transaction across countries and capability to participate to due diligence of a new counterparty from an operation perspective, build and assess the integration plan (impact and cost assessment, risk and issues management) Leadership and teamwork: The role will require autonomy, initiatives, collaboration and coordination with various stakeholders within Asset Management and Alternatives business across countries including Asia, UK and offshore service teams. There is opportunity of staff management as the team grows in time. Major Challenges To ensure completion of tasks in a timely and diligent manner. To ensure timely and high standard interaction with client and service providers for any new project To maintain a robust processing approach with ongoing improvement of process and documentation To develop awareness of the business and infrastructure to ensure professional interaction and involvement Role Context The position outlined by this job description may constitutes a \'controlled function\' requiring specific local financial authority approval. Therefore, the holder must ensure that their personal conduct complies in all respects with local regulations and laws. Management of Risk The role is aware of the Operational Risk scenario associated with the role and acts in a manner that takes account of operational risk considerations. The jobholder will ensure the fair treatment of our customers is at the heart of everything we do, both personally and as an organisation. This will be achieved by consistently displaying the behaviours required to support the Together We Thrive principles. 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. This will be achieved by ensuring all actions take account of the likelihood of operational risk occurring and by addressing any areas of concern in conjunction with line management and/or the appropriate department. Observation of Internal Controls Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators. Understands, follows and demonstrates compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which the jobholder is involved, specifically Internal Controls and any Compliance policy including, inter alia, the Group Compliance policy. Requirements What you will need to succeed in the role: Knowledge & Experience / Qualifications Degree qualification, preferably in Finance. Professional certifications (i.e. CAIA, CFA, ACA, FRM ) and Experience in alternatives investments products are distinct advantages Working experience exposed to products (funds and mandates) from any European or any other local regulations like Hong Kong or Singapore, cross borders taxations and capital structure Strong experience managing operational risk in a changing environment. Must show ability to communicate clearly on complex and diverse subjects and to maintain a high level of professionalism when dealing with clients, investors and colleagues. Must possess effective project management, organisational and interpersonal skills with proven ability to work to deadlines in an efficient and accurate manner. Experience dealing with outsourced service providers Commercially focus and client-centric Ability to understand and consolidate diverse and complex business information to translate into actions and propose operational and pragmatic solutions Demonstrate collaborative and supportive working relationship with the other business departments and functions. Fluency in English other languages are an advantage You\'ll achieve more at HSBC 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...

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