HSBC Group

Open positions: 1

Global Career Band: 6IC

Why join us? 

The core responsibility of Accounting and Valuation (A&V) team is to produce the Net Asset Value of a fund which indicates it’s own performance and ensure on-going administration of funds adhered to provisions as defined in the funds document and relevant operation procedure.

NAV process starts from obtain confirmation from all upstream teams such as Transfer Agency, corporate action, trades, cash and Reconciliation. Breaks and exception will be cleared and investigated. We will also look at other NAV component like FX, fee, interest, price of the underlying assets to ensure the NAV calculation is accurate and in a timely manner.  The Final product – (NAV pack) will then be released to the client for their validation and ultimately published to investor or exchange. Once it has been finalized, NAV price will be sent to Transfer agency team for investor’s dealing transaction

In HSS GD, we divided our teams into four sectors: Asset Manager, Public Sector, Pension & Alternative Product. Our client are mainly from Hong Kong and primary accounting platforms are Geneva, Multifonds and IMS.

The Opportunity:  

• Assistant Manager is critical to the team’s growth and development as it does not only manage the smooth and quality valuation delivery to client but it plays a crucial role in client centricity and innovative mind-set.
• The role is responsible to review the procedures and conduct sharing to develop staff’s sense of risk awareness.
• A GCB6 plays a crucial role in direct release communication with clients.
• Although higher management regularly reviews and provides direction to operational teams to guide us in providing exceptional client services and ensure that we stay competitive in the market, it is critical for middle management to translate those objectives into initiatives that would be realized in actual efficient gain and risk and cost reduction.   

What you’ll do:     

• Responsible for accurate NAV calculations checking and investment compliance monitoring.
• Ensure delivery of accurate and timely NAV calculation and reports.
• Handle client enquires and instructions.
• Review team members work and client’s deliverables.
• Participate in ad hoc projects.
• Ensure proper maintenance of documentations for accounting records.
• Investigate unreconciled items and find a resolution.
• Liaise with external auditors for auditing of the financial statements.
• Ensure timely completion and issuance of audited financial statements.
• Coaching junior team members on daily operation.
• Delivery of accurate and timely reports to Clients.
• Ensure optimal level of services to clients.
• Understand client requirement and convey information / message for resolution in efficient & effective manner.
• Motivate, monitor and coach subordinates.

What you will need to succeed in the role:       

• University graduate with a degree in accounting or related discipline.
• A minimum 3 years of relevant experience in fund services or financial industry.
• Good understanding of the administration of unit trust, mutual fund, accounting, valuation, custody and banking services.
• Excellent written and spoken English.
• Strong interpersonal, planning, analytical and problem solving skills.
• Strong client facing and negotiation skills in dealing with internal and external stakeholders.

Please refer the Candidate User Guide in the below link to understand your own journey as a candidate.

https://hsbchrdirect.service-now.com/esc?id=kb_article&table=kb_knowledge&sysparm_article=KB0184596&sys_kb_id=712b5f041b1f82908d3a0fe7ec4bcbd6

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.

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 Electronic Data Processing (Guangdong) Ltd. GSC China***

(* The information contained in this job description is a true and accurate reflection of the job as specified.)