HSBC Group

Job Advert Details

Role Purpose (overall high level summary of the role)

To assist the Manager Operations in the delivery of Investment Administration services to assigned clients, in particular trade processing, security reconciliations and standing data maintenance, all within agreed quality, timing and output targets.

Principal Accountabilities

• Processing security trade transactions in line with the underlying funds valuation points
• Matching/Reconciling holdings, initial margins based on details received from Broker Statements.
• Maintain details of Client/Counterparty Standing Data, or other standing data on systems.
• Communication with External and Internal parties.

Major Challenges (The challenges inherent in the role that require a continual test of the role holder’s abilities)

• HSS provide Fund Services to Investment Managers and Pension Funds worldwide, including potential services to other parts of the HSBC Group. HSS set new quality standards in a competitive environment, to help attract and retain a blue-chip client base.
• Our clients operate in a highly regulated environment and it is of paramount importance that all internal controls and standard procedures are complied with at all times. Failure to comply could lead to financial penalties and damage to the Bank’s reputation in the marketplace.
• Challenge would be to process trade files and deliver sign off with minimum errors with in stringent deadlines.
• Quality of work being delivered to Business Partners or Clients should be high standards as any trade added wrongly would be lead to financial loss not only to HSBC but also to the client. High standards maintained by Business Partners challenge individuals to learn and deliver the same right from day one.

Role Context (The environment and operating conditions of the role including the extent of guidance and authority)

• All the individuals would be provided with all the necessary training required to perform the job independently and effectively to achieve the above mentioned targets. There would also be regular feedback from line managers to improve the quality of work being delivered.
• Management of Risk (GHR / FIM requirements)
• Abide by the Group Compliance Policy by containing compliance risk in conjunction with the relevant Compliance Department.  The term compliance embraces all relevant laws, rules and codes with which the business has to apply.
• Maintain HSBC internal control standards including the timely implementation of internal and external audit points, together with any issues raised by external regulators
• To continually re-assess the operational risks inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures, management restructures, and the impact of new technology in conjunction with the donor Group companies.
• Understanding of Group FIMs, Group Audit / Internal Control Review / Compliance reports
• Act with high levels of integrity, conduct and performance against ethical standards. All employees should exemplify the highest standards of personal and professional ethics in all aspects of our business and comply full with both the spirit and the letter of the laws, rules and practices that govern the HSBC Group globally. Key Business Values that support this include a) the highest personal standards of integrity at all levels, b) commitment to truth and fair dealing, c) openly esteemed commitment to quality and competence, and d) adherence to the HSBC Code of Conduct.

Observation of Internal Controls (GHR / FIM requirements)

• To maintain HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators
• Education / Relevant Experience / Other Qualifications (e.g. Knowledge, Skills, Professional Qualifications required)
• (For the role – not the role holder.  Minimum requirements of the role)

Qualifications

Knowledge and Skill Requirements:

Essentials/Minimum : 

• A Bachelors degree  in Finance or other qualifications relevant to the accounting/finance industry.
• 0-3 years of work experience in Financial Industry.
• Proficiency in EXCEL essential.
• Ability to Speak and understand English. 
• Good interpersonal and team work skills.
• Organized and detail oriented.

Preferable Skills :

• Bcom, MBA or studying for other relevant industry qualifications.
• Basic knowledge of Financial Instruments and their features.
• Excellent customer service and communication skills.
• Ability to re-prioritize workloads due to changing circumstances; meet strict deadlines.
• Possess good analytical and problem-solving skills.
• 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.
• 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.

Want to Apply?

• All applicants must have successfully completed their probation period
• All applicants must have a minimum performance rating of Good and behavior rating of Good in the last year end appraisal 
• All applicants should have served at least 18 months in their current functional role and department
• Applicant should inform their Line Manager prior to applying
• Application form should be submitted on CareerLink along with their updated CV 
• All the completed applications should be submitted on CareerLink by 11:59 PM on the closing date 
• Applicant should not been previously declined for the same position within the last 6 months on the date of submission of their application & the time of selection.
• Applicant should not been on ANY form of Corrective Action within the last 6 months from the date of application 
• Right to work is required. Local employment rulings and restrictions will apply.
• Applicants who meet the required minimum score at the interview may be placed in a pipeline for a period of 3 months to fill any vacancies which may arise for the same position during the immediate 3 months from the IJP closure date. The final decision to place an individual in the pipeline rest with the business head concerned
• Applications of candidates who do not adhere to guidelines during any technical assessment that is conducted as part of the selection process will be disqualified and not progressed thereon.   

Recruiter name

Bathiya Jayathilake

Recruiter email

bathiya.jayathilake@hsbc.com.lk