HSBC Group

At HSBC, our purpose is opening up a world of opportunity and by joining our team, you can be part of something bigger! We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible.

Being part of HSBC in France, you’ll help evolve and grow our business. Do you want to be involved in starting our Depositary business for Private Assets in France? Are you interested in working in a regulated environment? Do you have Investment Fund Services experience in a Depositary function? Do you enjoy working in a multicultural and fast-paced environment? If you answered yes to any of these questions, we want to hear from you!

What you will do: 
•    Work closely with the team leader ensuring that all day-to-day operational activities relating to Fund Oversight are carried out effectively and efficiently. 
•    Ensure that depositary compliance is assured, all legal/regulatory fiduciary responsibilities are achieved, and depositary duties duly discharged for alternative Funds (Private Assets Clients).
•    Play a key role in supporting the depositary oversight activities and the onboarding of new products and clients.
•    Work closely with the Global Trustee and Depositary Services teams to ensure that administrative activities are controlled in accordance with the existing agreement and procedures and provide a high-quality service.
•    Contribute to the optimization of the delivery process to establish maximum efficiency identifying and implementing improvements to processes and procedures whenever required.

In this role you will:
•    Perform Depositary oversight duties relating to all Alternative Funds.
•    Review of checks performed by depositary offshore offices based on established oversight controls and procedures (including holding and cash reconciliations, income distribution, safekeeping and ownership verification checks).
•    Perform investment compliance audits such as investment policies and portfolios' reviews and contribute to the interpretation of the investment restrictions, including analysis of new laws and regulations applicable to Clients.
•    Interact with Clients' representatives, Central Administrators, Management Companies and the Bank's management to resolve queries and escalate any operational issues in an accurate and efficient manner.
•    Support on-site due diligences on third parties and pre-onboarding/on-going risk assessments for Alternative Clients.
•    Work in a control focused environment.

You should apply if you have: 
•    Business degree or equivalent professional qualification.
•    Experience in the alternative investment fund business and understanding of AIFMD regulations working within a Depositary function.
•    Knowledge of automated investment restrictions monitoring system (Charles River would be an advantage).
•    Highly motivated to learn and to develop their career with HSBC
•    Able to plan and organise workload to meet deadlines, considering relative priorities.
•    Able to operate in a dynamic and international environment and to work as a team player.
•    Open minded and good communication skills with an ability to communicate clearly and concisely.
•    Fluent in written/spoken English is essential; knowledge of another European language is an advantage

Even if you feel you do not meet 100% of our qualifications, we encourage you to apply, if you believe this role is right for you.

What you’ll get in return:

HSBC has been certified “Top Employer 2025” in Europe. This recognition from the Top Employers Institute rewards our HR practices and recognizes HSBC as an HR Leader in France, Germany, Italy, Luxembourg, Netherlands, Poland, Spain and Switzerland.

HSBC in France has been certified with LinkedIn Top Employer 2024 for Finance, recognizing our team as a great place to work within the Finance industry.

Not only is HSBC a great place to work, but we also offer the following unique and exciting benefits & opportunities!

•    We’ll help you progress your career, including access to development programs, through HSBC University and our Degreed platform
•    You can work your way and will have a say in when, where and how you and your team flexibly work together
•    Our benefits will give you financial security, and can include company savings plan (PEE), savings plan for collective retirement, mutual insurance for you and your family, loyalty bonus, a Time Savings Account to monetize untaken off days (CET)…
•    A Work Council which offers ticketing, travel, sports, legal aid, Christmas vouchers, Summer break vouchers…
•    Our family-focused benefits can help you to support your loved ones and include family events days off (wedding, civil union…), additional maternity or breastfeeding leave, birth bonus, partial reimbursement of childcare costs, assistance to employees taking care of a relative with disability…
•    We’ll give you a huge range of resources that support your well-being (yoga, sophrology, Mindfulness app)
•    You’ll have international opportunities - this can be your place to start and branch out to anywhere we have offices 
•    A work environment that promotes Diversity & Inclusion, where you’ll be able to join our different Employee Resource Groups
•    These benefits are on top of local usual benefits in France (refund of transport fees at 50%, 5 weeks of paid vacation & RTT, meal voucher card or corporate restaurant depending on location)

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. We are committed to removing barriers & ensuring careers at HSBC are inclusive and accessible for everyone to be at their best.

If you have a need that requires accommodations or changes during the recruitment process, please let us know.

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.

For further information on building your career at HSBC, please visit: www.hsbc.com/careers