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About HSBC

HSBC is one of the world's largest banking groups by assets, HSBC Holdings owns subsidiaries throughout Europe, Hong Kong, and the rest of the Asia/Pacific region, the Middle East and Africa, and the Americas. HSBC deals in Commercial Banking, Wealth Banking, Global Banking, and Personal Banking.

Your role

The Opportunity

To assist the team in the delivery of Investment Operations services (Reconciliations) to assigned clients/functional teams within agreed quality, timing, and output targets.

What you’ll do?

• Preparing reconciliation packs for a variety of clients/funds (traditional & hedge funds) across different geographical locations.
• Perform the fund’s activities correctly as per the SOP.
• Adhere to defined process KPIs and PLAs.
• Should be accountable for all the reconciliation-related activities falling within the scope of the Markets & Securities Services Reconciliation team.
• Support department initiatives, regulatory, compliance and reduce risk.
• NIL BP Complaints.
• Be flexible to adapt to different working environments/ time zones with counterparts across the globe.
• On the regulatory & legislative front should be aware of FATCA / Dodd Frank / Volker / AIFMD / UCITS / DPA and comply with the same.
• Perform any additional responsibilities that may be required by the manager in support of specific projects, ongoing management, and development of the process.

Training & development

The company’s people transformation initiatives continue to be focused on developing and building a strong leadership team, significantly improving the capability to attract the right talent, inculcating a high-performance culture, creating opportunities for development and growth both personally and professionally, and providing access to continuous learning and strengthening the holistic rewards framework that acknowledges excellent performance.

Benefits

Benefits they offer:

• Job Training
• Gymnasium
• Free Transport
• Team Outings
• Cafeteria
• Soft Skill Training

Career progression

Being a multi-national bank HSBC offers the most professional and competent job opportunities for fresh graduates. Since the ambit of work is so large it provides huge and differentiated openings for candidates to find their niche and work, so that they can maximize their potential.

Work-life balance

HSBC keep employees engaged and motivated to maintain productivity, but more importantly, to ensure their mental health and well-being. HSBC has various programs to drive meaningful collaborations, work-life balance, and a more profound sense of loyalty and camaraderie. Work days are usually from Monday to Friday. They have strict work timings.

Culture & vibe

HSBC since the beginning has emphasized having a diverse workforce in the house. Their philosophy of diversity and inclusion is reflected in the number of places they operate. HSBC not only hires people with diverse cultures but also does business that reflects its “broader world” philosophy.

About you

Requirements:

What you’ll need to succeed in the role?

• Bachelor’s degree in accounting or other qualifications relevant to the accounting/finance industry.
• 0-2 years of relevant/accounting work experience.
• Good knowledge of Capital Markets and Financial instruments.
• Basic knowledge of end-to-end products and processes, multiple markets, and regulations.
• Good knowledge of accounting principles, and fundamentals of Accounting.
• Proficiency in EXCEL essential.
• Ability to Speak and understand English.
• Good interpersonal and teamwork skills.
• Ability to re-prioritize workloads due to changing circumstances; meet strict deadlines.
• Excellent knowledge of the reconciliations process with a clear understanding of the E2E Fund Accounting Model.
• Must be aware of the operational risk scenarios associated with this role and act upon pertinent risk (if any).
• CA/ ICWA/ CS / PGDBM/MBA in Finance or CFA (D)
•  Will be expected to maintain HSBC internal control standards, including the timely implementation of  internal and   external audit points, together with any issues raised by external regulators

What additional skills will be good to have?

• Knowledge of Derivatives Instruments
• Expert in Accounting Knowledge
• Earlier experience in custody/brokerage/funds services/depository industry.
• Detailed understanding of end-to-end products and processes, multiple markets, and regulations pertaining to the fund services industry.
• Excellent customer service and communication skills.
• Working knowledge of Bloomberg / Reuters, other reconciliation, and accounting applications used across the industry.
• Life cycle of NAV process.
• Additional qualifications related to the financial industry will be given preference.
• Responsible for the implementation of the Group Compliance Policy as applicable to this role.
• Must be aware of the Operational Risk scenario associated with this role and ensure that all actions performed take into account the likelihood of the operational risk occurring.

How to apply

To apply for this role, click on the "Apply on employer site" button, which navigates to the career section where the application can be filled out and submitted directly.