Job Overview
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Job Description
Job Introduction
The primary purpose of this job is managing the fund administration services for specific Mutual fund / Insurance / AIF & PMS client. This role serves as a Subject Matter Expert for the respective area of Operation and assists the line manager in implementing the longer-term strategic vision for the operations unit. This includes testing and implementing system changes and ensuring compliance with FIM and all relevant local regulations.
Principal Responsibilities
- Ensure error-free calculation of Net Asset Value (NAV) and timely/accurate reporting to clients daily.
- Prepare various client and regulatory reports as per prescribed formats and timelines.
- Handle various audits including Statutory Audit, SEBI Audit & Internal Audit for Mutual Fund / Insurance / AIF clients.
- Contribute towards cost-saving/revenue enhancement initiatives by automating manual processes and improving productivity.
- Ensure Operational Memorandums & Client SLAs are met, and new client requirements are accepted if feasible.
- Track competitors regarding service proposition, value-added services, and best practices.
- Explore avenues for service improvements and provide ongoing value-adds to clients.
- Ensure error-free and efficient operations across all clients, adherence to defined process notes, and diligent following of daily checklists.
- Implement tools/triggers to monitor performance and ensure no process deviations or exceptions occur that negatively impact clients or HSBC.
- Manage operational risk, including its identification, assessment, mitigation, and control, and assess operational gaps/inefficiencies that could lead to fraud or lapses.
- Implement Global Standards.
Role Requirements / Education Qualifications / Certifications / Experience
Applicant should possess sound knowledge of SEBI Mutual fund regulations and financial accounting, preferably a Bachelor of Commerce degree (Specialized in accounting). Exposure to the capital market is an added advantage. A minimum of 5-6 years of work experience is required.
Qualifications
Minimum Graduation or as required for the role, whichever is higher.
About HSBC
HSBC is 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.
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.
Key skills/competency
- Fund Administration
- Net Asset Value Calculation
- Regulatory Reporting
- Audit Handling
- Process Improvement
- Client Service Management
- Operational Risk Management
- SEBI Regulations
- Financial Accounting
- Capital Markets
How to Get Hired at HSBC
- Tailor your resume: Highlight your fund administration, NAV calculation, and regulatory reporting experience.
- Showcase SEBI knowledge: Emphasize your understanding of SEBI Mutual fund regulations and financial accounting.
- Demonstrate process improvement: Provide examples of automating manual processes and enhancing productivity.
- Prepare for audits: Be ready to discuss your experience with statutory, SEBI, and internal audits.
- Research HSBC's values: Align your application with HSBC's commitment to a diverse and inclusive culture.
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