Job Advert Details
Why join us?
Global Banking and Markets Securities Services provides comprehensive global, regional and domestic fund services including fund administration, global custody, corporate trust and loan agency and sub-custody settlement and services to the international asset management industry.
Fund Services Operations is an integral part of Securities Services, which primarily undertakes Transaction Processing, Reconciliations, NAV Calculations, Financial and Statutory Reporting and Tax Services.
The Opportunity:
Work with a team of staff providing securities services to clients, performing NAV for Traditional funds. The job requires working in an automated/semi-automated/manual environment with a keen eye for detail. The incumbent would be expected to perform under stringent timelines with consistently high levels of accuracy thereby ensuring the highest quality service to the client in order to support the final valuation process.
What you’ll do:
Work with a team of staff providing securities services to clients that involve calculation of Net Asset Value for Traditional funds. The job requires working in an automated/semi-automated/manual environment with a keen eye for detail. The incumbent would be expected to perform under stringent timelines with consistently high levels of accuracy thereby ensuring the highest quality service to the client in order to support the final valuation process.
- Responsible for performing and reviews of team deliverables / undertake the review of the deliverables before valuation reports and signoffs are sent to the jurisdiction/client, on or before the set deadlines to ensure the highest quality client service
- Take complete ownership of provide 100% accurate signoff to country office location
- Responsible for second stage troubleshooting / resolving of all issues to ensure the daily delivery as per the PLA
- To ensure all service delivery output from the team is completed to agreed quality and timing targets.
- Ensure maintenance of the underlying accounting records for all fund types necessary for the preparation of the valuation packs in an organized manner and perform checks as required for overall control of the process
- Maintain highest level of quality and accuracy for the funds under review
- Be client aware and contribute to a successful business implementation process and on boarding of new funds, and be able to interact confidently with BAs - Ops calls, Error discussions etc.
- Promote team work and sharing of best practices with the team and across others teams wherever there is positive impact on the process
- As required liaise with applicable Fund Administration contact and upstream teams in the city office as well as business area to communicate information and resolve issues on a timely basis.
- Adherence to standard operating procedures as prescribed by the Operating Model
- Enhancements to Job-Aid Matrix, process notes, checklists, CQI and internal processes as and when required.
- Escalate important developments in a timely manner and maintain high quality communications
- Demonstrate ability and willingness to train and mentor staff
- Demonstrate understanding of Supervisor role and ability to be accountable
- Administration of queries from other departments and Business Partners.
- Maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.
Information
What you will need to succeed in the role:
- At least 18 months of relevant experience in Hedge Funds / Fund of Funds / Mutual Funds administration ( E)
- Applicant should have a Bachelor’s degree in Commerce, Finance or significant progress towards a degree or a professional qualification such as ACA, CIMA, ACCA, CISI, AAT or CMA (E)
- Proven experience in reviewing reconciliation activities such as Cash, Stock, FX and other related accounts such as Futures, Collateral, OTC ( D )
- Previous experience in performing trade upload or income processing or reconciliations, pricing and/or GAV activities ( D)
- Experience in relevant accounting platforms and valuation platforms (E)
- Experience in the Icon accounting platform (E)
- Demonstrate reasonable understanding of alternative/Traditional investment industry and knowledgeable in various derivative instruments such as options, swaps, forwards and corporate actions etc. (E )
- Demonstrate ability to identify and resolve complex fund issues ( E )
- Proven ability with complex spreadsheet design and formatting (D)
- Ability to assist other staff with application and systems issues
- Possess good analytical and problem-solving skills
- Excellent spoken and written English (E)
- Organized and detail oriented. (E)
- Ability to work on any shift (E)
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.
Nom du recruteur
Bathiya Jayathilake
E-mail du recruteur
bathiya.jayathilake@hsbc.com.lk