Job Description
Job description
Some careers shine brighter 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.
The Opportunity:
Support the Trustee Managers in providing a high quality trustee and depositary monitoring service to ensure that clients comply with the FCA rules and in accordance with the Trustee and Depositary Services corporate trusteeship responsibilities. Maintain excellent relationships with clients and their third party administrators communicating with them in a professional, clear and concise manner, meeting all deadlines.
What you'll do:
Key Accountabilities
Undertake a programme of trustee checks, as assigned, in accordance with all relevant internal, legal, Bank and Group Compliance Policies and procedures. Checks include but are not limited to:
• Reconciliation reviews
• XD process and all associated tasks
• Investment and borrowing power checks (manual & automated)
• Overdraft monitoring, including persistency checks
• Derivative monitoring
• Creation/Cancellation process and all associated tasks
• Inspecie checks
• Price checks
• Fee authorisation and payments
• Breaches
Resolve complex enquiries and queries on time and in accordance with current guidelines.
• Identify client and third party administrators' requirements accurately.
• Provide clear and concise written and verbal responses, and resolve outstanding queries within agreed timescales.
• Share knowledge and experience with colleagues.
• Provide information confidently and in a structured manner.
• Report perceived operational risks in line with market conditions and regulatory requirements.
Assist in the review of procedures.
• When requested review procedures, utilising knowledge and understanding of the task.
Provide assistance to the Trustee Manager in line with senior administrator role. Assistance includes but is not limited to:
• Assist with the flow of work within the team.
• Carry out checking of colleagues work.
• Act as a point of reference for training purposes.
• Have some staff responsibilities Requirements
What you will need to succeed in the role:
• Bachelor's degree in accounting or qualifications to accounting/finance industry.
• 3-5 years of relevant Funds administration experience.
• Experience of working on Charles River platform to facilitate platform change project
• Ability to monitor and meet operational goals
• Should have an eye for detail and a strong analytical mind.
• Being part of Global teams, ability to reflect agile manner of running projects.
• Complete understanding of Trade Life Cycle
• Excellent knowledge of Capital Markets and Financial instruments.
• Excellent knowledge in accounting principles and fundamentals of Accounting.
• Excellent knowledge in NAV Calculation process with clear understanding of the E2E Fund Accounting Model.
• Ability to update, manage and analyze MI related activities.
• Efficient Time Management and ability to multi task work and priorities to meet defined deadlines
• Effective communication skills
• Proactive in implementing and driving solutions.
• Ability to build excellent rapport and working relationship with other departments and jurisdiction thus ensuring smooth operations.
• Should have demonstrated behavior in line with HSBC values throughout
• Understanding of GAV-NAV Activities
• Previous experience in performing & reviewing funds in A&V/IFS/GTFS working areas
• Strong working knowledge on MS Office
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, ****** 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
Some careers shine brighter 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.
The Opportunity:
Support the Trustee Managers in providing a high quality trustee and depositary monitoring service to ensure that clients comply with the FCA rules and in accordance with the Trustee and Depositary Services corporate trusteeship responsibilities. Maintain excellent relationships with clients and their third party administrators communicating with them in a professional, clear and concise manner, meeting all deadlines.
What you'll do:
Key Accountabilities
Undertake a programme of trustee checks, as assigned, in accordance with all relevant internal, legal, Bank and Group Compliance Policies and procedures. Checks include but are not limited to:
• Reconciliation reviews
• XD process and all associated tasks
• Investment and borrowing power checks (manual & automated)
• Overdraft monitoring, including persistency checks
• Derivative monitoring
• Creation/Cancellation process and all associated tasks
• Inspecie checks
• Price checks
• Fee authorisation and payments
• Breaches
Resolve complex enquiries and queries on time and in accordance with current guidelines.
• Identify client and third party administrators' requirements accurately.
• Provide clear and concise written and verbal responses, and resolve outstanding queries within agreed timescales.
• Share knowledge and experience with colleagues.
• Provide information confidently and in a structured manner.
• Report perceived operational risks in line with market conditions and regulatory requirements.
Assist in the review of procedures.
• When requested review procedures, utilising knowledge and understanding of the task.
Provide assistance to the Trustee Manager in line with senior administrator role. Assistance includes but is not limited to:
• Assist with the flow of work within the team.
• Carry out checking of colleagues work.
• Act as a point of reference for training purposes.
• Have some staff responsibilities Requirements
What you will need to succeed in the role:
• Bachelor's degree in accounting or qualifications to accounting/finance industry.
• 3-5 years of relevant Funds administration experience.
• Experience of working on Charles River platform to facilitate platform change project
• Ability to monitor and meet operational goals
• Should have an eye for detail and a strong analytical mind.
• Being part of Global teams, ability to reflect agile manner of running projects.
• Complete understanding of Trade Life Cycle
• Excellent knowledge of Capital Markets and Financial instruments.
• Excellent knowledge in accounting principles and fundamentals of Accounting.
• Excellent knowledge in NAV Calculation process with clear understanding of the E2E Fund Accounting Model.
• Ability to update, manage and analyze MI related activities.
• Efficient Time Management and ability to multi task work and priorities to meet defined deadlines
• Effective communication skills
• Proactive in implementing and driving solutions.
• Ability to build excellent rapport and working relationship with other departments and jurisdiction thus ensuring smooth operations.
• Should have demonstrated behavior in line with HSBC values throughout
• Understanding of GAV-NAV Activities
• Previous experience in performing & reviewing funds in A&V/IFS/GTFS working areas
• Strong working knowledge on MS Office
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, ****** 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
💡 Quick Summary
Seeking a career-building opportunity? The Senior Trustee Administrator GSC|s position is now open for candidates interested in the Bank Jobs sector. This role in Kolkata 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.
