Depositary Supervisor (f/m/d)

HSBC; Paris; Sur place; EUR 60 000 - 80 000; Plein temps

Résumé du poste

A global banking institution in Paris seeks a Depositary Manager for Private Assets. Responsibilities include ensuring compliance for alternative funds, overseeing operational activities, and interacting with clients. The ideal candidate will possess a business degree, investment fund services experience, and strong communication skills. HSBC offers a flexible working environment, comprehensive benefits, and opportunities for personal development. This role is perfect for individuals motivated to develop their careers in a diverse and inclusive setting.

Prestations

Flexible working agreement

Employee Resource Groups

50% refund of transport fees

5 weeks of paid vacation + RTT

Partial reimbursement of childcare costs

Company savings plan

Qualifications

• Experience in the alternative investment fund business.
• Ability to operate in a dynamic and international environment.
• Open-minded with good communication skills.

Responsabilités

• Ensure depositary compliance and legal responsibilities.
• Review checks performed by offshore offices.
• Interact with Clients' representatives.

Connaissances

Investment Fund Services experience

Fluent English

Knowledge of AIFMD regulations

Communication skills

Business degree

Formation

Business degree or equivalent professional qualification

Outils

Charles River

Description du poste

At HSBC, our purpose is opening up a world of opportunity and by joining our team, you can be part of something bigger! We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible.

Here in France, you’ll help evolve and grow our business. Do you want to be involved in starting our Depositary business for Private Assets in France? Are you interested in working in a regulated environment? Do you have Investment Fund Services experience in a Depositary function? Do you enjoy working in a multicultural and fast‑paced environment? If you answered yes to any of these questions, we want to hear from you!

What you will do:

• Work closely with the team leader ensuring that all day‑to‑day operational activities relating to Fund Oversight are carried out effectively and efficiently.
• Ensure that depositary compliance is assured, all legal/regulatory fiduciary responsibilities are achieved, and depositary duties duly discharged for alternative Funds (Private Assets Clients).
• Play a key role in supporting the depositary oversight activities and the onboarding of new products and clients.
• Work closely with the Global Trustee and Depositary Services teams to ensure that administrative activities are controlled in accordance with the existing agreement and procedures and provide a high‑quality service.
• Contribute to the optimisation of the delivery process to establish maximum efficiency identifying and implementing improvements to processes and procedures whenever required.

In this role you will:

• Perform Depositary oversight duties relating to all Alternative Funds.
• Review of checks performed by depositary offshore offices based on established oversight controls and procedures (including holding and cash reconciliations, income distribution, safekeeping and ownership verification checks).

• Perform investment compliance audits such as investment policies and portfolios' reviews and contribute to the interpretation of the investment restrictions, including analysis of new laws and regulations applicable to Clients.
• Interact with Clients' representatives, Central Administrators, Management Companies and the Bank's management to resolve queries and elevate any operational issues in an accurate and efficient manner.
• Support on‑site due diligences on third parties and pre‑onboarding/on‑going risk assessments for Alternative Clients.
• Work in a control focused environment.

You should apply if you have:

• Business degree or equivalent professional qualification.
• Experience in the alternative investment fund business and understanding of AIFMD regulations working within a Depositary function.
• Knowledge of automated investment restrictions monitoring system (Charles River would be an advantage).
• Highly motivated to learn and to develop their career with HSBC.
• Able to plan and organise workload to meet deadlines, considering relative priorities.
• Able to operate in a dynamic and international environment and to work as a team player.
• Open minded and good communication skills with an ability to communicate clearly and concisely.
• Fluent in written/spoken English is essential; knowledge of another European language is an advantage.

Even if you feel you do not meet 100% of our qualifications, we encourage you to apply, if you believe this role is right for you.

What you’ll get in return:

Not only is HSBC a great place to work, but we also offer the following unique and exciting opportunities and benefits!

HSBC has been certified “Top Employer 2024” in Europe. This recognition from the Top Employers Institute rewards our HR practices and recognises HSBC as an HR Leader in France, Germany, Italy, Luxembourg, Poland and Spain. HSBC in France has been certified with LinkedIn Top Employer 2024 for Finance, recognising our team as a great place to work within the Finance industry.

A unique and flexible working environment:

• Advantageous remote working agreement
• Diversity and Inclusion is at the heart of our business: joining HSBC will give you the opportunity to work in a collegiate and supportive environment
• You’ll be able to join our Employee Resource Groups that bring together colleagues with shared characteristics and common interests
• Usual local benefits (refund of transport fees at 50%, 5 weeks of paid vacation + RTT)
• Family events days off, additional maternity or breastfeeding leave, advantageous paternity leave, parental presence or dependency support leave (for child or parent with disability)
• A Time Savings Account to monetize your untaken off days (CET)

Family benefits:

• Partial reimbursement of childcare costs
• Various bonus (birth bonus, back‑to‑school bonus for your children up to 25, parental bonus)
• An allowance for parents of children with disabilities
• Possibility to work part‑time

Financial benefits:

• A company savings plan and a savings plan for collective retirement
• Meal voucher card or corporate restaurant depending on your place of employment
• Mutual insurance for you and your family, and a pension contract to protect your loved ones
• A loyalty bonus and a long‑service medal rewarding seniority
• Holiday vouchers based on your reference tax income
• CESUs (for tax purposes) if you are disabled or if you have a disabled child, spouse or parent
• A Work Council which offers, among other things, ticketing, travel, sports, legal aid, etc.

Personal development benefits:

• Access to our Degreed platform (learning platform above all, that you can use to discover learning content, develop skills, and successfully meet new business challenges)
• We’ll help you progress your career, including access to development programmes, mentoring and coaching, as well as world‑class training through HSBC University
• We’ll give you access to resources that support your mental, physical, and social well‑being

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best.

If you have a need that requires accommodations or changes during the recruitment process, please let us know.

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.

For further information on building your career at HSBC, please visit: www.hsbc.com/careers