Staff Fund Admin

HSBC; Jakarta Pusat; On-site; IDR 66,960,000 - 133,920,000; Full time

Job summary

HSBC Holdings plc, within Corporate and Institutional Banking (CIB), is seeking an analyst to support Securities Services operations in Jakarta. You will contribute to pension/mutual/discretionary fund administration, fund valuations, and NAV calculation, ensuring accuracy and timely reporting.

The ideal candidate has 1–2 years accounting experience, understands fixed income and equity settlement, and can navigate market regulations with clients.

Qualifications

• 1-2 years relevant experience with Accounting background.
• Understanding of Pension/Mutual/Discretionary fund portfolio valuation and accounting procedures.
• 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.

Responsibilities

• Administer Pension/Mutual/Discretionary Fund operations including daily execution of fund manager/client instructions.
• Day-to-day accounting bookings and valuations yielding the NAV at end of day.
• Compliance checking for the individual fund maintained.
• Prepare tax provisions as requested by Fund Managers/clients.
• Provide high quality services to clients by maintaining good relationships and responding to enquiries.

Skills

Accounting

Job description

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.

• 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:

• 1-2 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 at HSBC

HSBC is committed to building a culture where all employees are valued, respected and every opinion counts. We take pride in providing a workplace that fosters professional development, flexible working, and opportunities to grow within an inclusive and diverse environment. We want everyone toachievetheir potential withequalityregardless of gender, ethnicity, disability, religion, age, or any other trait protected by applicable law. If you need any support or have any access requirements, we encourage you to inform us through emailat [e-mail] at the time of your application, so that we can support you through your recruitment journey.