Job Description

Business: Private Assets

Some careers have more impact than others.

If you're looking for a career where you can make a real impression, join HSBC and discover how valued you'll be.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 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

AVP - Operations

In this role, you will:

Typically managing 25-30 FTEs, dependent on current BAU footprint and projected growth Supporting Private Asset clients and Product / sub-products at a regional level as follows: Multiple Sub Products: Trade Uploads, Pricing, Reconciliations, Accounting & Valuations, Statutory Reporting Improve operational efficiency on year to year basis to minimize overall cost and marginal cost of new business Overall volume at Sub Product Level, 200 - 600 GAV/NAV packs on annual basis, 20+ financial statements on annual basis. Multiple Product / Sub Product. Multiple Region / Multiple Jurisdiction - Significant complexity/risk and engagement with business partners and external market / client/Auditors. New funds are being on-boarded directly in the City office with expectation of BAU delivery from day 1. Migration of more complex activities from multiple jurisdictions to City office. Operational risk threshold through 'single event' control failure identified to USD10m based on 3-5 years' data. Large variation and the manual nature of processes required by Product / System / Country / Client Service Delivery quality/timeliness is within/exceeding agreed limits and regularly reported to stakeholders Ensure effective production management capacity is in place for the process.

To be successful you will:

Functional Knowledge

Bachelor's degree in Commerce or qualifications to accounting/finance industry or relevant experience. Detailed understanding single sub-process, control points, end to end process risk. Excellent knowledge in accounting principles and fundamentals of Accounting. Excellent knowledge in NAV calculation process with clear understanding of the E2E Fund Accounting Model. Basic knowledge in custody, brokerage, depository, investment accounting, mutual funds and reconciliations. 5-8 years of relevant Funds administration experience. Management position with exposure to remuneration, performance management, team building and staff development. Management position with exposure to business partners across multiple geographical locations. Must be aware of the operational risk scenarios associated with this role and act upon pertinent risk (if any).

Hsbc,Com/Careers

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."



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Issued By HSBC Electronic Data Processing (India) Private LTD