Administrator - Fund Accounting

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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 ofAdministrator – Fund Accounting.

In this role, you will:

• Review the Postings/uploads and ensure all downstream / Business Partner queries are responded in a timely manner. Produce accurate Trade Packs within set deadlines for review. Input and maintain accurate fund accounting records (wherever applicable). Being responsive to adhoc queries from Business Partners/Stake Holders. Being proactive in identifying and escalating any issues/challenges to appropriate parties. Adhere to defined process Key Performance Indicators and Performance Level Agreement. All Business Partner/ Stakeholders queries to be responded in a timely manner. Open items to be followed-up and closed in a timely manner. Adherence to HSBC internal control standards, support internal/external reviews and ensure compliance.
• Updating all daily Management Information System / trackers as required by the process. Enhancements to Job-Aid Matrix, Standard Operating Procedures, process notes, checklists, Key Performance Indicators and internal processes 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 for Business Partner Locations & Kolkata.
• Undertake/participate in projects for improvement in delivery quality and/or timeliness. Adhere to all group and risk policy and standard guidelines. Demonstrate actions to adhere compliance to the mentioned controls. Nil breaches in all group and risk policy. Audit, Business Risk Control Management and Compliance reviews rated as 'satisfactory'.

• The major challenge for this role is to continuously deliver within the specified time limit with minimum or no errors. The individual will have to complete all the activities of the assigned funds within the set time limit and ensure that the fund pack is delivered to the stakeholders within the Performance Level Agreement. The individual needs to be flexible to work in shifts and respond to additional business needs if required.
• Be flexible to adopt in different working environment with counter parts across the globe. The working environment is very professional and the incoming individual will have to meet the work related challenges with zeal and professionalism. To ensure that individuals are able to perform at the desired level, there will be process training & necessary guidance provide by the Line Manager on an ongoing basis.
• Located in HSBC Securities Services, Global Banking & Markets Service Centre Kolkata’s office, within the Trade Processing Shell. Role will be of individual contributor nature and will not have team reporting to the role. The role will operate within the orbit of the Trade Processing Shell of Funds service’s strategic plan. The jobholder will also continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology. 
• The jobholder will implement the Group compliance policy by containing compliance risk in liaison with Global Head of Compliance, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer. The term ‘compliance’ embraces all relevant financial services laws, rules and codes with which the business has to comply.   
• Embraces all relevant financial services laws, rules and codes with which the business has to comply. This will be achieved by adhering to all relevant processes/procedures and by liaising with Compliance department about new business initiatives at the earliest opportunity. Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimizing relations with regulators.

To be successful, you will:

• Bachelor’s degree in accounting or other qualifications relevant to the accounting/finance industry.
• 0-2 years of relevant/accounting work experience. Proficiency in EXCEL essential.
• Good knowledge of Capital Markets and Financial instruments. Basic knowledge in accounting principles and fundamentals of Accounting. Proficiency in one or more accounting platforms – Geneva, Transaction Lifecycle Management, Multifonds, ICON, CADIS, Reuters / Bloomberg.
• Ability to Speak and understand English. Good interpersonal and team work skills. Organized and detail oriented.  Ability to re-prioritize workloads due to changing circumstances; meet strict deadlines.
• Will be expected to maintain HSBC internal control standards, including the timely implementation of  internal and  external audit points, together with any issues raised by external regulators.

• Basic knowledge in investment accounting, investment valuations, mutual funds. Excellent customer service and communication skills. Possess good analytical and problem-solving skills.
• Responsible for the implementation of Group Compliance Policy as is applicable to this role.
• Must be aware of the Operational Risk scenario associated with this role and to ensure that all actions performed take into account the likelihood of operational risk occurring.

You’ll achieve more when you join HSBC.

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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.”

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