Fund Administrator

-Job description

**Business: Markets and Securities Services, Traditional NAV**

**Open positions: 1**

**Role Title**:Fund Administrator**

**Global Career Band: 8**

**Location **_(Country / City )_**:India/Kolkata**

**Recruiter Name**:Archana Sharma**

**Why join us?**

The traditional A&V team has daily, monthly and weekly NAV valuations with stringent timelines. The team is responsible for performing capital activity bookings, accruals, amortization, yields leading to final generation and validation of NAV through diagnostic checks, FMR and post NAV activities. The team also performs other Monthly & Reporting activities which includes Fee Reviews. XD Distribution, Trustee Packs and Queries, Regulatory & Client Reporting.

The A&V team is responsible functionally across multiple jurisdictions (where applicable) serviced out of MSS Kol.

The working environment is very professional and the incoming individual will have to meet the work related challenges with the same zeal. To ensure that individuals are able to perform at the desired level, there will be process training & necessary guidance provided on an ongoing basis.

**The Opportunity**:
To prepare accurate NAV packs of Traditional fund portfolios and related activities on timely basis with expected quality.
- Will be responsible to ensure quality pack deliverables for several portfolios of Traditional funds.
- Promote relentless focus on service quality across Traditional Fund portfolios
- Implement key changes in the process and deliver continuous process improvement.
- Capture accurate and right data ( ICATs,daily tracker, etc ) for purpose of MIS
- The individual will have to complete all the activities of the assigned funds within the set time limit and ensure that the accurate pack is delivered to the stakeholders within the PLA.
- The individual needs to be flexible to work shifts and respond to additional business need if required.
- Be flexible to adopt in different working environment with counter parts across the globe.
- The role will interface with all other relevant MSS Departments and with HSBC global offices as appropriate.

**What you’ll do**:
**Impact on the Business/ Function**
- 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 up gradation.
- Lead User Acceptance Testing for the business (as and when required).

**Customers / Stakeholders**
- Primary responsibility of preparing NAV packs and performing checker activities as and when required.
- Raising the exceptions with appropriate teams to ensure the actions of the same before finalizing the pack.
- To develop and maintain mutually respectful & successful relationships with internal customers & business partners.
- Ensure all service deliveries are timely, accurate and in line with PLAs, agreed standards, client commitments and BP expectations.

**Leadership & Teamwork**
- To share process related best practices with the team.
- Perform any additional responsibilities that may be required by the Supervisor in support of the on-going management and development of the division
- Be involved in the project / support related activities as and when it arises.
- Undertake/conduct trainings/cross training for all staff including existing and new staffs.
- Being proactive in identifying root cause for process related challenges and share qualitative resolution
- Be flexible to adopt in different working environment with counter parts across the globe.
- Demonstrate Group Values & principles

**Operational Effectiveness & Control**
- To maintain HSBC internal control standards including the timely implementation of audit points.
- Updating all daily MIS/trackers as required by the process.
- Complete all Mandatory trainings as and when required.
- Ensure timely follow up on the open & outstanding issues that hinder the valuation. Ensure, Escalation Matrix is followed as per agreed between Business Partners and MSS Kolkata.
- Undertake/participate in projects for improvement in delivery quality and/or timeliness.
- Identify and reduce manual processes for enhanced operational control. Support and implement technology up gradation
- Continually raising the risks that have been identified / observed in department processes and procedures.
- Support audit process and recommendations on a timely manner
- Perform the fund’s activities correctly as per the SOP, Checklist and controls.
Requirements

**What you will 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 product and process, multiple market and regulations.
- Good knowledge in accounting principles, fundamentals of Accounting.
- Proficiency in EXCEL essen