Job description
Business: Wealth & Personal Banking / Global Private Banking & Wealth / Wealth & Premier Solutions
Open positions: 1
Role Title: Product Specialist GSC’s
Global Career Band: 6
Location (Country / City ): Bangalore, India
Recruiter Name: Kanupriya Mishra
Why join us?
- If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.
HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 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 Product Specialist – Global Manager Selection.
The Opportunity: - Global Manager Selection (GMS) is the designated HSBC Group Centre of Reference for selection, research, and approval of fund management groups, long only funds, and ETFs. GMS is a global team, based in London, Hong Kong, and Bangalore, with research responsibilities across all asset classes encompassing Equity, Fixed Income, Multi-Asset and Sustainability. The role of GMS is to ensure that mutual funds and ETFs recommended to clients or used by Group businesses have been subjected to the Group’s approved due diligence and selection process and have been manufactured by an approved fund management group.
- An important part of the fund and ETF selection process is the interaction with the businesses that offer these products for sale to customers, across all of HSBC’s Global Private Banking & Wealth (GBP&W), Insurance and Hang Seng entities. This function is managed by the Product Specialist team within GMS. The team seek to drive the high level of service expected of GMS by businesses in the network. We are recruiting for a Product Specialist to join this team, to be based in Bangalore.
- The Product Specialist team is closely involved in designing and implementing strategic initiatives across funds and ETFs business. The role requires engagement across GPB&W, Insurance and Hang Seng funds teams to ensure the product shelf of available funds and ETFs remains best-in-class and suited to the investment environment, including aligned to Wealth and Premier Solutions CIO Views. HSBC maintains an open-architecture platform for funds and ETFs through offering funds and ETFs from many third-party asset managers, supporting our strategic initiatives across markets.
- You will join a team of 4 Product Specialists, engaging across initiatives and across global markets for funds and ETFs. You will contribute to management of fund shelves by taking new requests to the IDD research pipeline, management reporting and providing an essential support function to the team. You will assist in a programme of regular engagement with markets’ fund teams. In time it is expected that you will take primary responsibility for coverage of funds and ETFs for select booking centres as appropriate to drive continued success in HSBC investment fund and ETF business within GPB&W.
What you’ll do: - Help manage the needs of 65+ business entities that make us of GMS-approved funds and ETFs in GPB&W including Global Private Banking, Retail Wealth, Insurance and Hang Seng.
- Drive strategic priorities and commercialisation initiatives across funds business. Ensure the funds product offering is best-in-class and aligned to CIO Views and the economic environment.
- Collaborate with GMS investment due diligence (IDD), organisational due diligence (ODD) and asset manager relations team within GMS as well as external stakeholders in HSBC local teams and with asset managers to identify and define product needs and bring to market.
- Work with business entities on requests for new fund coverage and build investment cases for new fund requests. Help track progress of new requests, onboarding by markets.
- Help monitor investment flows in new products and compare to business estimates.
- Help with annual fund rationalisation process to remove funds no longer required by markets from research coverage.
- Co-ordinate product-related activities and ensure fund launches and related initiatives are followed through to completion and appropriate reporting made to senior GPB&W and Group management as required.
- Assist GMS with strategic growth aims including through the production of reports, presentations, and management of data to support strategic decision making.
- Assist with group financial planning through collaboration on individual market funds businesses and forecasts as well as assisting with the prioritisation of future capital investment to improve existing capability and build new technologies.
- Gather and process information and produce high-quality presentations at guidance of the Head of Product Specialists for Management Information.
Requirements
What you will need to succeed in the role:
- 3 years or more of prior experience in the Funds / Asset Management industry, with international investments knowledge or experience.
Practical knowledge and experience of financial markets, the macroeconomic environment, risk management, regulations and their application to the fund markets in multiple jurisdictions. - Proactive, positive attitude and ability to multi-task especially under pressure to meet time sensitive deadlines.
- Strong PowerPoint and excel capabilities, with demonstrable ability to communicate complicated topics in writing and verbally.
- An analytical mindset and attention to detail, with strong numeracy skills and ability to process and summarise key information to inform strategic decision making.
- Team player, strong organizational and time management skills.
- Professional qualifications / certifications like an MBA, Masters with Finance, CFA or a desire to achieve these is a positive.
What additional skills will be good to have?
- Experience in negotiations and stakeholder engagement.
Link to Candidate User Guide:
(Or)
Go to the below link and type “IND GSC : IJP Applicant User Guide” in search bar. https://hsbchrdirect.service-now.com/hrsp?id=hrdirect_employee_dashboard
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, 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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Recruiter name
Kanupriya Mishra
Recruiter email
kanupriya.mishra@hsbc.co.in