Asset Servicing and Tax Support Processor

HSBC; Bengaluru; On-site; INR 450,000 - 650,000; Full time

Job summary

HSBC in Bengaluru seeks an Asset Servicing and Tax Support Processor with at least 1 year in Fund Administration. The role involves developing SOPs, delivering training, and supporting continuity and migrations. Strong analytical skills and finance degree are preferred.

The position requires knowledge of reconciliation platforms and derivatives, with opportunities for growth within HSBC’s global operations.

Qualifications

• Bachelor’s degree in Commerce or Finance; progress toward ACA/ACMA/ACCA/CISI/CMA encouraged.
• Experience in Fund Administration Services.
• Knowledge of account and reconciliation platforms.
• Understanding of derivatives (options, swaps, forwards, corporate actions).
• Strong analytical and problem-solving abilities.

Responsibilities

• Develop and maintain process SOPs.
• Provide training and cross-training plans for the process.
• Support Business Continuity planning.
• Update daily deliverable trackers.
• Maintain SharePoint updates and relevant sign-offs.
• Lead job training and track trainee progress.
• Support system migrations and client process migrations with stakeholders.
• Prepare KPIs and market intel reporting for stakeholders.

Skills

Fund Administration

Derivatives knowledge

Analytical skills

Problem-solving

Training delivery

Education

Bachelor’s in Commerce/Finance

ACA/ACCA/CISI CMA

Tools

Fund accounting platforms

Reconciliation platforms

System testing

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 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 an experienced professional to join our team in the role of Asset Servicing and Tax Support Processor.

In This Role, You Will

• Develop and maintain all process specific standard operating procedures.
• Provide training and create on the job training/cross training plans for the process
• Support Business Continuity planning
• Update and monitor daily deliverable trackers
• Maintain/create standard operating procedures in a timely manner and ensure relevant sign offs and share point updates are complete
• Deliver effectively on the job training, identify knowledge gap, and prepare training plans for new joiners and under performers. Track trainee progress against the learning curve and deliver feedback
• Support strategic projects by providing subject matter expert knowledge and assist on new system / product testing and new client process migrations by coordinating with key project stakeholders
• Drive training as per business continuous process cross training plans and provide support during business continuous process testing and actual business continuous process scenarios.
• Ensure timely allocation of work based on available capacity. Prepare key performance indicators and other market intel reporting for Internal and External stakeholders

To Be Successful, You Will

• At least one year of relevant experience in Fund Administration Services.
• Applicants should be following a Bachelor’s degree in Commerce, Finance or significant progress towards a degree or professional qualification such as ACA, CIMA, ACCA, CISI, AAT or CMA.
• Experience in relevant account platforms and reconciliation platforms.
• Demonstrate reasonable understanding of alternative investment industry and knowledgeable in various derivative instruments such as options, swaps, forwards and corporate actions etc.
• Demonstrate ability to identify and resolve complex fund issues.
• Ability to assist other staff with application and systems issues.
• Possess good analytical and problem-solving skills.

You’ll achieve more when you join HSBC.

www.hsbc.com/careers

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.”

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