Depositary Supervisor (f/m/d)

HSBC; Paris; Sur place; EUR 40 000 - 60 000; Plein temps

Résumé du poste

A multinational banking and financial services company in France is seeking a professional to join their Depositary business for Private Assets. The role involves ensuring compliance, performing oversight duties, and interacting with clients in a multicultural, fast-paced environment. Applicants should have experience in Investment Fund Services with a focus on depositary functions.

Qualifications

• Investment Fund Services experience in a Depositary function.
• Ability to work in a multicultural environment.
• Experience in compliance audits and investment policies.

Responsabilités

• Ensure all depositary compliance and fiduciary responsibilities are met.
• Perform oversight duties for alternative funds.
• Interact with clients and resolve operational issues.

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.

Being part of HSBC 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 optimization 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 escalate 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.