Analyst -Accounting Control

HSBC Holdings plc; Bengaluru; On-site; INR 900,000 - 1,500,000; Full time

Job summary

HSBC Holdings plc in Bengaluru, India, seeks an Analyst to join the Product Control/Middle Office team. You will support timely reporting, monitor rate checks, and investigate anomalies across equities, FX, and derivatives.

The role requires CFA/MBA and strong communication skills, with experience across front and back offices and risk controls. This position offers a full-time role in a global financial services environment.

Qualifications

• Experience in Product Control, Middle Office, Front Office Operations.
• Knowledge of equities, FX, fixed income, and derivatives.
• Strong communication and presentation skills.

Responsibilities

• Ensure timely and accurate production of Off-Market Rate Checking and Best Ex Monitoring, a key control against trader risk.
• Investigate transactions not executed at prevailing market rates or beyond acceptable thresholds.
• Document and assess explanations from front office; highlight exceptions to the Trading Desk and management.
• Escalate unreasonable rationale or patterns of suspicious activity; prepare MI for trading and management.
• Maintain service delivery within a well-defined control environment.

Skills

Product Control

Middle Office

Front Office Operations

Equities

FX

Derivatives

Risk & Controls

Education

CFA / MBA Tier I or Tier II

Tools

MS Office Suite

Project Management Software

Job description

Some careers shine brighter than others.

If 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 exciting new direction, HSBC offers opportunities, support and rewards that will take you further. HSBC is one of the largest banking and financial services organizations 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 realize their ambitions. We are currently seeking an experienced professional to join our team in the role of Analyst.

In this role, you will:

• The specific role is to ensure timely and accurate production of Off-Market Rate Checking and Best Ex Monitoring which is a key control in mitigating operational risks of inappropriate trader activity and reputational risk.
• Investigate any transactions which appear not to have been executed at either prevailing market rates OR done beyond the acceptable thresholds of market price range and the inception profit.
• Documenting and assessing for reasonable explanation from front office. Highlight exceptions to the head of the Trading Desk with reasons for formal review.
• Escalating unreasonable rationale or pattern of suspicious activity to management. Preparing and distributing the relevant MI for the process of trading and management.
• Responsible for ensuring that the service delivery of above tasks as per the standards agreed, while operating in a well-defined control environment.

To be successful you will:

• Qualified CFA /MBA Tier I or Tier II institute with experience in Product Control, Middle Office, Front Office Operations environment and Knowledge of various products like Equities, Foreign Exchange, fixed income, Derivatives - Options, Interest rate swaps, Equity Derivatives, Credit Derivatives etc.
• Proven ability to manage migrations of finance processes and exposure to diverse/multi-culture work environments with strong organization, time management and prioritization skills.
• Excellent communication and presentation skills are mandatory, as are good tact and diplomacy, since the role requires relationship management with other individuals and teams within the HSBC Group.
• Interpersonal skills, persistence, ability to work effectively with senior & junior staff, ability to challenge inputs from senior colleagues in a constructive manner, ability to give feedback positively, co-ordinate work across multiple teams.
• Proficiency in MS Office Suite; Exposure to Project Management Software.

You’ll achieve more at HSBC

HSBC is an equal opportunity employer 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 work and opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role. 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.