Job Description
The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (COVID-1+), we’re leveraging our digital capabilities to ensure we can continue to recruit top talent at HSBC. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.
Some Careers Open More Doors Than Others.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. 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.
Job Purpose
Operations function is a critical support activity for settlement of trades on time and reconciliation of Holding & Bank Accounts. This is a voluminous and high pressure function which needs knowledge of various security settlement modes, digitalization, new trends available in the Capital Market system. Recon experience, co-ordination with Sales RMs, ISCs, R&T, Recon Agency, custodians, and knowledge on Mutual Fund regulations. Ensuring that appropriate Mutual Fund regulations and controls are adhered to and best practice standards are maintained across all activities within the sphere of control particularly in the protection of client monies. Taking ownership and motivates the team to perform to the core to get the best possible results.
Principle Accountabilities
The Operations personnel will be required for the following key activities
• Strong Domain Understanding on Financial Instruments & Markets and regulations impacting Financial Markets;
• Strong numerical skills and analytical abilities;
• Ability to independently manage relationship with Fund Accountant and Custodians;
• Ability to drive process improvements, new initiatives, small to medium scale projects independently;
• Ability to Design and Produce MIS for Decision Support, Business Intelligence;
• Ability to lead & manage teams of up to 5 people;
• Ability to represent the organization in Industry Forum discussions in the areas of securities trading & settlement systems.
• High level of process orientation;
• Eye for Detail;
• Good Verbal & Written Communication Skills;
• Ability to independently handle audits.
Activities
• Setting up of Investment Restrictions
• Trade Settlements
• Managing Statutory Audit and Financials
• New Vendor onboarding
• SEBI TER report
• Renewal of Auditors Appointment
• Management Fees Certificate
• Group requirements and processes for Vendor onboarding and ongoing compliances
• SEBI/AMFI reporting
• Compliance with AMFI Circulars
• Bloomberg Screening
• Preparing Trust Accounts and getting the same audited
• LEI Renewal for Mutual Fund
Asset Class - Equity, Equity Derivatives, Fixed income, Fixed Income Derivatives, ETF, Index Funds, Mutual Funds, Overseas Mutual Funds
Requirements
Qualification and Experience -
• Chartered Accountant / Post Graduate with good knowledge on accounting
• Minimum 5 - 7 years of Work experience, primarily in Mutual Fund operations / Insurance/ Alternatives/Hedge Fund / Audit firm
Functional and Behavioral Skills
• Preferable to have experience in Mutual Funds including Application, settlement cycle, system updates, recons and client reports
• Knowledge on various modes of collection / payment mode offered by Banks and new trend in payment mechanism
• Good Analytical skill and expert knowledge in Excel
• Good Communication and Team management skill
• Good at Time Management
• Good at Time Management
Useful Link
Link to Careers Site: Click HERE
You’ll achieve more when you join 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.
Issued by HSBC Global Asset Management (India) Private Ltd
Some Careers Open More Doors Than Others.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. 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.
Job Purpose
Operations function is a critical support activity for settlement of trades on time and reconciliation of Holding & Bank Accounts. This is a voluminous and high pressure function which needs knowledge of various security settlement modes, digitalization, new trends available in the Capital Market system. Recon experience, co-ordination with Sales RMs, ISCs, R&T, Recon Agency, custodians, and knowledge on Mutual Fund regulations. Ensuring that appropriate Mutual Fund regulations and controls are adhered to and best practice standards are maintained across all activities within the sphere of control particularly in the protection of client monies. Taking ownership and motivates the team to perform to the core to get the best possible results.
Principle Accountabilities
The Operations personnel will be required for the following key activities
• Strong Domain Understanding on Financial Instruments & Markets and regulations impacting Financial Markets;
• Strong numerical skills and analytical abilities;
• Ability to independently manage relationship with Fund Accountant and Custodians;
• Ability to drive process improvements, new initiatives, small to medium scale projects independently;
• Ability to Design and Produce MIS for Decision Support, Business Intelligence;
• Ability to lead & manage teams of up to 5 people;
• Ability to represent the organization in Industry Forum discussions in the areas of securities trading & settlement systems.
• High level of process orientation;
• Eye for Detail;
• Good Verbal & Written Communication Skills;
• Ability to independently handle audits.
Activities
• Setting up of Investment Restrictions
• Trade Settlements
• Managing Statutory Audit and Financials
• New Vendor onboarding
• SEBI TER report
• Renewal of Auditors Appointment
• Management Fees Certificate
• Group requirements and processes for Vendor onboarding and ongoing compliances
• SEBI/AMFI reporting
• Compliance with AMFI Circulars
• Bloomberg Screening
• Preparing Trust Accounts and getting the same audited
• LEI Renewal for Mutual Fund
Asset Class - Equity, Equity Derivatives, Fixed income, Fixed Income Derivatives, ETF, Index Funds, Mutual Funds, Overseas Mutual Funds
Requirements
Qualification and Experience -
• Chartered Accountant / Post Graduate with good knowledge on accounting
• Minimum 5 - 7 years of Work experience, primarily in Mutual Fund operations / Insurance/ Alternatives/Hedge Fund / Audit firm
Functional and Behavioral Skills
• Preferable to have experience in Mutual Funds including Application, settlement cycle, system updates, recons and client reports
• Knowledge on various modes of collection / payment mode offered by Banks and new trend in payment mechanism
• Good Analytical skill and expert knowledge in Excel
• Good Communication and Team management skill
• Good at Time Management
• Good at Time Management
Useful Link
Link to Careers Site: Click HERE
You’ll achieve more when you join 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.
Issued by HSBC Global Asset Management (India) Private Ltd
💡 Quick Summary
Seeking a career-building opportunity? The Associate Vice President | Operations position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
