Officer Fund Admin

HSBC; Jakarta Pusat; On-site; IDR 350,000,000 - 550,000,000; Full time

Job summary

HSBC Corporate and Institutional Banking (CIB) seeks a seasoned professional for the Securities Services area, focusing on fund operations and accounting. You will handle pension/mutual/discretionary fund activities, NAV calculations, and tax provisions while maintaining strong client relationships.

The role requires extensive experience in accounting and fund portfolios, with awareness of regulatory procedures.

Qualifications

• Experience in accounting and fund operations.
• Understanding of pension/mutual/discretionary fund portfolio valuation and accounting.
• Knowledge of fixed income and equity settlement processes.
• Familiarity with local regulatory environment (OJK, KSEI, IDX).

Responsibilities

• Administer Pension/Mutual/Discretionary Fund operations including fund instructions.
• Day to day accounting booking and valuations for NAV calculations.
• Compliance checking for the funds.
• Prepare tax provisions as requested by fund managers/clients.
• Provide high quality services and maintain client relationships.

Skills

Accounting

Fund valuation

Tax provision

Client service

Compliance

Job description

Some Careers Shine Brighter Than Others

HSBC Corporate and Institutional Banking (CIB) is a markets-led, financing-focused business that provides investment and financial solutions. Within CIB, Securities Services provides robust and reliable solutions that help clients mitigate risk and enhance their business performance. Working with institutional investors, banks, insurance companies, governments, and multinational corporations, this team covers fund administration, global custody, sub-custody and clearing, and corporate trust and loan agency services.

Principal Responsibilities

• Administer Pension/Mutual/Discretionary Fund operations include execution of fund manager/client instructions on daily basis,


• Day to day accounting booking and valuations which yield the NAV at the end of the day,


• Compliance checking for the individual fund maintained,


• Prepare tax provision as requested by Fund Managers/client,


• Provide high quality services to clients by maintaining good relationship and responding to enquiries from the clients.

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

• 6 years relevant experience with Accounting background


• An understanding of Pension/Mutual/Discretionary fund portfolio valuation and accounting procedure and method


• Knowledge in the settlement of fixed income and equity securities instruments


• Understand the OJK, KSEI, IDX, Tax office, and Market procedures, practices, and regulations


• Understand the role and interaction with Global Market, Operations Payment, and Finance team.

You'll achieve more when you join HSBC

HSBC is 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.