Senior Fund Administrator

Some careers have more impact than others.

If you're looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

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 Senior Fund Administrator

In this role, you will:

• 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 Bangalore.
• The role will be of individual contributor nature and will not have team reporting to the role. Responsible for core processing/reviewing activities and will require strong technical knowledge to achieve target deliverables.
• The role will demand a daily balance of delivering an excellent client service within the standard NAV model of promoting continuous improvement of NAV processes and of identifying and capitalizing opportunities to create capacity and generate efficiencies. 
• The role would also require the individual to ensure that process and procedures are continually reviewed and improved, and the changes are communicated and implemented effectively. 
• The job also entails checking on internal control and measures undertaken and regularly reviews them to maintain quality and productivity at the optimum level. Perform any additional responsibilities that may be required by the manager in support of specific projects, on-going management and development of the process.

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, derivatives Instruments. 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.
• Strong working knowledge on MS Office
• Earlier experience in custody / brokerage / funds services / depository industry.
• Detailed understanding of end-to-end product and process, multiple market and regulations pertaining to the fund services industry.
• Working knowledge of Bloomberg / Reuters, other reconciliation and accounting applications used across industry Life cycle of NAV process

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."

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.

***Issued By HSBC Electronic Data Processing (India) Private LTD***