Job description
Some careers have more impact than others.
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 Assistant Vice President Alternative Operation- Private Credit.
Principal responsibilities
- The Alternative Investments Operations Team is responsible for the global investment operations function comprises transaction and fund services, portfolio operations, product/portfolio controllership for all alternative investment’s products of HSBC Alternatives. The Team operates from centres of excellence in London, Bangalore, and Singapore
- Transaction & Trade Services: portfolio allocation analysis, transaction compliance & execution, trade support, control, reconciliation & execution, investment restrictions monitoring
- Mandate Operations: design of operating Model, operational input into product change initiatives and new product development, set-up of operational infrastructure and service providers.
- Valuation Oversight: Net Asset Value production oversight, valuation support for hard-to-value assets, carry interest & waterfalls, pricing reconciliation.
- Portfolio Operations: Treasury management including cash flows analysis (calls, distributions, forecasting), credit, hedging operations, fee management (fees, expenses, invoicing, performance fees & carry interest), audit support.
- Reporting: MI & risk reporting, Portfolio and Investor reporting support, fund board reporting
- Stakeholders’ Management: Contribution to the oversight of service providers (engagement, negotiation, monitoring),
- System, Data & Change Management: System change and data control; support implementation of new systems, system data governance and integrity, operational change management
- Risk and Compliance: Implementation of regulatory and tax change, implementing financial crime compliance & control, support business continuity, executing Operational Risk Management Framework, design and maintenance of procedures and policies consistent with controls.
Requirements
- Strong knowledge of Alternative Asset classes, preferably prior experience into investment operations team or equivalent middle office services within asset management or asset management services
- Deep level of understanding of NAV calculations and oversight of fund administrator and lastly
- MS office skills are required.
- Accounting skills of Alternatives asset class (Private equity/ Hedge fund/ Private Credit).
- Qualified accountants would be a plus.
- At least 4-11 years of experience in the asset management business.
You’ll achieve more when you join HSBC.
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