Manager Private Assets

HSBC Group; Broughton; On-site; GBP 75,000 - 110,000; Full time

Job summary

HSBC Group is seeking a Manager for Private Assets within Fund Services to provide technical accounting oversight across UK private asset classes including real estate, private debt and private equity. The role involves working with multiple fund structures and interacting with external clients and audit firms.

You will design robust operating models, embed processes within structures, and oversee BAU activities while staying compliant with regulatory standards and internal controls.

Qualifications

• Part of a fully qualified accountant with thorough expertise in technical accounting.
• Experience dealing directly with external clients and third parties.
• Fund Administration or Private Assets experience would be advantageous
• Knowledge of Horizon or Yardi systems desirable
• Highly organised with clear written and verbal communication
• Strong client-facing approach with awareness of Fund Administration risks

Responsibilities

• Provide expertise to accounting requirements across asset classes and fund jurisdictions.
• Assist with the impact of new technology on operational mode.
• Develop and maintain relationships with client contacts and audit firms.
• Continually reassess operational risks considering market, legal, and regulatory changes.
• Group accounting consolidations.
• Production of financial statements under IFRS and FRS standards

Skills

Technical accounting

Client facing

Financial statements

Regulatory knowledge

Education

Fully qualified Accountant

Tools

Horizon

Yardi

Job description

attract and retain a blue-chip client base. Our clients operate in a highly regulated environment, and it is of paramount importance that all internal controls and standard procedures are complied with at all times. Failure to comply could lead to financial penalties and damage to the Bank's reputation in the marketplace. The position is to provide technical accounting oversight to UK private asset book, involving real estate, private debt and private equity asset classes This will cover multiple fund ranges from ACS, PAIF's, segregated mandates, insurance funds and SPV structures. The successful applicant will be proactive in managing change, and working on a stand alone basis to investigate complex accounting standard cross domiciles. A good client facing approach is essential. The job holder will also be involved in designing appropriate ops model and robust processes to embed within structures and play oversight role once in BAU.

In this role, you will deal with and be exposed to:

• Provide expertise to accounting requirements across the asset class and fund jurisdictions.
• Assist with new technology repercussions of integrating these asset classes within operational mode.
• Develop and maintain a good working relationship with client contacts and third parties such as audit firms and external technology providers.
• Continually re-assess the operational risks inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.
• Group accounting consolidations
• Production of financial statements under IFRS and FRS standards

To be successful in this role you should meet the following requirements:

• A part of fully qualified Accountant with thorough expertise in technical accounting and in-depth knowledge of financial statements
• Experience of dealing directly with external clients and third parties with the ability to build and maintain good working relationships with colleagues.
• Experience in Fund Administration and/or Private Assets in infrastructure equity or real estate would be advantageous
• Working knowledge of Horizon or Yardi systems (desirable)
• Highly organised with the ability to communicate effectively in writing and verbally and plan and organise workload to meet deadlines, taking into account relative priorities.
• A good client facing approach is essential with strong business sense and awareness of the key issues/risks within the Fund Administration area would be ideal

Opening up a world of opportunity.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. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.If you have a need that requires accommodations or changes during the recruitment process, please get in touch with our Recruitment Helpdesk:Telephone: [phone]JBRP1_UKTJ

Job Descriptionf 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 excited 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 a professional to join our Fund Services team in the role of: Manager - Private AssetsFund Services provides Investment Administration and Performance Consultancy services to Investment Managers and Pension Funds worldwide, including potential services to other parts of the HSBC Group. Fund Services intends to set new quality standards in a competitive environment, to help