Fund Administration Processor

About HSBC

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 Administration Processor.

In This Role, You Will

• Participate in the deployment of defined business solutions to remove manual processes.
• Identify and reduce manual processes for enhanced operational control.
• Support and implement technology upgradation.
• Lead User Acceptance Testing for the business (as and when required).
• Primary responsibility of preparing NAV packs and performing checker activities.
• Problem situations are proactively identified and resolved to give maximum customer satisfaction and escalated where necessary. Appropriate measures are taken to improve quality and prevent recurrence.
• Establish and maintain effective relationship with customer business areas and identify areas of service improvements. Be the first escalation point in resolving issues with the Business Partner on a timely & ongoing basis.
• Ensure packs are delivered with quality and within set deadlines. Additional focus on priority clients and strategic approach on valuations should be done keeping the priority clients in mind.
• Procedural changes/new initiatives are reviewed, agreed with the business areas, fully communicated to staff and implemented.

To Be Successful You Will

• 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.
• Decent knowledge in A&V process with clear understanding of the end-to-end Fund Accounting Model.
• Basic knowledge in custody, brokerage, depository, investment accounting, mutual funds, Corporate Actions, Financial Instruments and reconciliations.
• 3-6 years of relevant Funds administration experience.
• Ability to build excellent rapport and working relationship with other departments and jurisdiction thus ensuring smooth operations.
• Strong working knowledge on MS Office.
• Must be aware of the operational risk scenarios associated with this role and act upon pertinent risk (if any).

Key skills/competency

• Fund administration
• NAV preparation
• Accounting principles
• Financial instruments
• User Acceptance Testing (UAT)
• Operational control
• Process improvement
• Customer relationship management
• MS Office
• Risk management