Job description

#LI-AJ1 #HSBCUSA

At HSBC, the health and well-being of our employees remains of utmost importance.  This role is permitted to work from home (in states in which HSBC is licensed to operate) or this role may be performed at our New York, New York office. 

This Assistant Vice President Fund Manager and Research role will have responsibility for performing operational due diligence reviews for investments in hedge funds, real estate and private equity funds. Such responsibilities will include conducting due diligence reviews, drafting assessment reports of managers, and making presentations to the regional research committees. Knowledge of operations and/or audit in the asset management business or real estate and private equity operations is required. Strong written and verbal communication skills are required. 

  #LI-VN1

Job Responsibilities:

  • Conduct on-site operational due diligence meetings of external asset managers as part of the ODD program. These meetings discuss all areas of operations to assess the strength of the organization and its ability to mitigate operational risk.
  • Document due diligence meetings conducted in the specified report template and present findings to the regional research committee.
  • Perform regulatory research and reviews for managers.
  • Analyze underlying manager financial statements.
  • Research foreign markets to assess regulatory and tax issues involving trading/establishing a local presence in those markets.
  • Lead special projects.
  • Perform due diligence reviews on administrators that support underlying private equity and real estate managers.
Requirements

Employment eligibility to work with HSBC in the U.S. is required as the company will not pursue visa sponsorship for these positions.

  • 3-5 years working in within an audit firm auditing investment products (hedge funds and/ or Private Equity funds) or the operations and/or audit departments of an asset management firm or; operational due diligence preferred.
  • Undergraduate Bachelor’s degree in accounting and finance and with a Chartered Accountant qualification or Chartered Financial Analyst qualification
  • Working knowledge of industry standards for the asset management industry, specifically hedge fund, including familiarity with policies, procedures and “best practices”.
  • Knowledge of hedge funds and pooled investment products.
  • Strong written and verbal communication skills.
  • Strong audit and/or operations experience required.
  • Works well in team environment.
  • Strog analytical and organizational skills.
  • Proficient with computers and Microsoft Office products

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment.  You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC.  We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!


All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.