Fund Administration Team Leader

Some careers shine brighter than others.

If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. 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.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 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 Fund Administration Team Leader

In this role, you will: 

• Manage 7 to 8 direct reports, whilst overseeing 15 -16 headcount of indirect reports, as and when deemed required by business or it can be a manager individual contributor role as well.
• The role will require technical excellence to achieve target deliverables combined with the ability to get work done from administrators and / or SMEs to achieve target KPIs.
• The role will demand a daily balance of delivering an excellent client service within the standard NAV model of promoting continuous improvement of NAV processes and of identifying and capitalizing opportunities to create capacity and generate efficiencies.
• The role would also require the individual to ensure that process and procedures are continually reviewed and improved, and the changes are communicated and implemented effectively.  The job also entails checking on internal control and measures undertaken and regularly reviews them to maintain quality and productivity at the optimum level.
• Set a high standard of continuous staff motivation and leadership to ensure a good work environment.
• Responsible for performance relating to completion of valuations packs of fund portfolios as per PLA on timeliness & quality and BP’s contact on all process related issues resolution.
• Effectively mitigate identified Operational Risks.
• Comply with Group’s Statutory Audit standards.
• Identify and reduce manual processes for enhanced operational control. Support and implement technology upgradation.
• Lead User Acceptance Testing for the business (as and when required).
• Lead Projects for both business partners and MSS Bangalore (based on business objectives, targets and requirement).
• To acquire a broad understanding of the Traditional NAV processes and to keep abreast with the latest developments in the assigned markets on the rules and regulations by the regulators, stock exchange etc. that may have implication to the daily NAV processes.

To be successful, you will:

• Bachelor’s degree in accounting or qualifications to accounting/finance industry.
• 3-5 years of relevant Funds administration experience.
• Ability to monitor and meet operational goals.
• Complete understanding of Trade Life Cycle.
• Excellent knowledge of Capital Markets and Financial instruments.
• Excellent knowledge in accounting principles and fundamentals of accounting.
• Excellent knowledge in NAV Calculation process with clear understanding of end-to-end Fund Accounting Model.
• Ability to update, manage and analyse MI related activities.

You’ll achieve more when you join HSBC.

www.hsbc.com/careers

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.”

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