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.
We are currently seeking an experienced professional to join our team in the role of
AVP - Operations
In This Role, You Will
- Supporting Private Asset clients and Product / sub-products at a regional level as follows. Single Product: Fund Services. Multiple Sub Products: Trade Uploads, Pricing, Reconciliations, Accounting & Valuations, Statutory Reporting
- Multiple Region: (Europe / APAC / UK). Multiple Jurisdictions: (Ireland/Edinburgh/Hong Kong/ Singapore/Luxembourg)
- Engage with the stakeholders to ensure team is aware of the changing expectations and challenges. Ensure understanding of the various requirement for various jurisdictions and thereby end clients
- Service Delivery quality/timeliness is within/exceeding agreed limits and regularly reported to stakeholders. Ensure effective production management capacity is in place for the process.
- Work towards minimizing business variance across jurisdictions/regions through standardization. No Repeat high risk finding in Internal audits
- Manage migrations within project agreed timelines and risk parameters. Reduce Operational Losses on year-on-year basis and contain within agreed risk limits. Will be responsible for leading the team in Kolkata for various jurisdictions
- Increasing complexity. Turnover 20%, 6-month lead time to achieve threshold competency for new hires.
- Manage annual transformation Support re-balancing complexity, volume and criticality across City offices to align to the MSS Location Strategy and Connectivity between City office and Jurisdictions. MSS Operations (within Service Centers) is viewed as high growth and strategically important to achieve MSS strategic operating plan. Manage and Lead teams, and ensure standardization of activities and service delivery between various jurisdiction centric teams.
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. Excellent knowledge in NAV calculation process with clear understanding of the E2E Fund Accounting Model. Basic knowledge in custody, brokerage, depository, investment accounting, mutual funds and reconciliations.
- 5-8 years of relevant Funds administration experience.
- Management position with exposure to remuneration, performance management, team building and staff development. Management position with exposure to business partners across multiple geographical locations.
- Strong working knowledge on MS Office
You'll achieve more at HSBC
www.hsbc.com/careers
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***
