Job description
Some careers open more doors than others.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
Principal Responsibilities
- Monitoring internal and regulatory restrictions on a daily basis. Ensure compliance with policies and guidelines across all portfolios.
- Identify and verify breaches, report actual breaches, and maintain and up-to-date breach register. Work closely with stakeholders to resolve breaches and mitigate risks.
- Perform alternate checks to ensure accuracy and reliability of monitoring processes. Proactively identify optimization opportunities for robust processes.
- Code internal and regulatory restrictions into the compliance system. Perform rigorous testing and validation of coded restrictions, documenting the outcomes.
- Prepare monthly reports on breaches, compliance status, and other related activities. Maintain process notes, testing documents, and audit-ready records.
- Monitor concurrent auditor activities and ensure deliverables are met as per SLA. Provide timely and accurate responses to auditor queries.
- Develop and maintain an in-depth understanding of investment regulations and internal compliance policies. Stay updated on regulatory changes and their impact on processes.
Requirements
- Bachelor’s degree in Finance, Accounting, or a related field.
- 1-3 years of experience in investment restrictions monitoring or a similar role. Experience in coding, testing, and monitoring restrictions using Quantis/Bloomberg AIM.
- Understanding of Financial Instruments & Markets, Strong numerical skills and analytical abilities, Good Verbal & Written Communication Skills, Team Player, Proficiency in Excel, Knowledge of Investment related Mutual Fund Regulations would be an added advantage.
- Valid NISM certificate
Useful Link
Link to Careers Site: Click HERE
You’ll achieve more when you join HSBC.
HSBC is 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.
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.
Issued by HSBC Global Asset Management (India) Private Ltd