Assistant Manager - Accounting Control

HSBC; Bengaluru; On-site; INR 900,000 - 1,300,000; Full time

Job summary

HSBC in Bengaluru seeks an Assistant Manager to join the Product Control Operations team. You will oversee off-market rate checks and best-ex monitoring, ensuring timely, accurate production while aligning with control standards.

Strong communication and stakeholder management are essential to succeed in a cross-functional setting. The role requires CA/CFA/MBA Tier I pursuing or equivalent, with exposure to equities, FX, fixed income, and derivatives, and proficiency in MS Office and project

Qualifications

• Qualified Chartered Accountant/CFA pursuing/MBA Tier I with finance experience.
• Knowledge of Equities, FX, fixed income, derivatives and related products.
• Excellent communication and presentation skills mandatory.
• Strong organization, time management and prioritization abilities.
• Ability to collaborate across teams and manage stakeholders.

Responsibilities

• Investigate transactions not at market rates or outside thresholds.
• Ensure timely production of Off-Market Rate Checking and Best Ex Monitoring.
• Document explanations from front office and highlight exceptions for review.
• Prepare and distribute MI for trading and management.
• Maintain service delivery within defined control environment.

Skills

Chartered Accountant

CFA

MBA (Tier I)

Product Control Operations

MS Office Suite

Project Management Software

Organization

Time Management

Prioritization

Communication Skills

Presentation Skills

Relationship Management

Interpersonal Skills

Education

Chartered Accountant (CA)

CFA

MBA (Tier I)

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 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 Assistant Manager.

In This Role, You Will

• 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.
• 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.
• Documenting and assessing for reasonable explanation from front office. Highlight exceptions to the head of the Trading Desk with reasons for formal review. Preparing and distributing the relevant MI for the process to 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.
• Conduct continuous review of processes with the objective of improving the service delivery timeframes and identify areas of improvement.

To Be Successful You Will

• Qualified Chartered Accountant/CFA pursuing/MBA Tier I and if from Tier II institute with experience in Product Control Operations environment.
• Knowledge of various products like Equities, Foreign Exchange, fixed income, Derivatives - Options, Interest rate swaps, Equity Derivatives, Credit Derivatives etc. with proficiency in MS Office Suite; Exposure to Project Management Software.
• 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.

You’ll achieve more at HSBC

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 people 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.

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