Clearing And Settlements Processor - Apprentice 12 Months

HSBC; Mumbai; On-site; INR 134,000 - 167,000; Part time

Job summary

HSBC Global Asset Management India Private Limited is offering a 1-year apprenticeship in Mutual Fund Operations. You will work in settlement operations and regulatory reporting, gaining exposure to NSDL Steady STP, FIMMDA reporting, and E-Kuber platforms while coordinating with custody teams.

The role requires analytical ability, English fluency, and strong communication. You will learn through hands-on tasks, audits liaison, and MIS preparation, with completion of the Apprenticeship Act

Qualifications

• CA/MBA/CA-Inter preferred.
• Strong analytical, decision making, interpersonal, time management and problem-solving skills.
• Fluent in written and spoken English.
• Effective presentation and influencing skills.

Responsibilities

• Executing settlements for Equity Securities, Fixed income Securities, Government securities, and Repo trades, using Platforms like NSDL Steady STP, FIMMDA Reporting platform, and E- Kuber Platform and communicate with custody.
• Looking after internal and regulatory reports, including MIS, and maintain securities master data.
• Liaison with auditors for timely and successful completion of audits

Skills

Analytical skills

Decision making

Interpersonal skills

Time management

Problem-solving

English fluency

Presentation skills

Education

CA

MBA

CA-Inter

Job description

Job Description:

Some careers open more doors than others.

If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. 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.

Business Descriptor:

International Wealth and Premier Banking (IWPB) helps deliver on HSBC’s purpose of opening up a world of opportunity by providing our customers with borderless banking and world-class wealth management through best-in-class, mobile-first capabilities, and exceptional people. Our international network and breadth of expertise enable us to support individuals, families, business owners, investors, and entrepreneurs. International Wealth and Premier Banking provides a leading premium proposition through Premier Banking and, together with our Private Bank, are present across the world’s most important markets, booking centres, and corridors most valued by our clients. Our wealth offering is further enhanced through our best-in-class manufacturing capabilities in Asset Management and Insurance.

We are currently seeking an enthusiast to join the Mutual fund business in Investment Operations team.

Job Introduction

The individual would work in Mutual fund operations looking after settlement operations & regulatory reportings.

Principal Responsibilities

• Executing settlements for Equity Securities, Fixed income Securities, Government securities, and Repo trades, using Platforms like NSDL Steady STP, FIMMDA Reporting platform, and E- Kuber Platform and communicate with custody.
• Looking after internal and regulatory reports, including MIS, and maintain securities master data.
• Liaison with auditors for timely and successful completion of audits

Role Requirements / Education Qualifications / Certifications / Experience:

• CA/MBA/CA- Inter preferred.
• Strong analytical, decision making, interpersonal, time management and problem-solving skills.
• Enthusiastic, collaborative and customer oriented, Resourceful and results driven.
• Fluent in written and spoken English.
• Effective presentation and influencing skills.

Additional Information :

• The tenure of the Apprentice will be 1 (one) year as defined under Apprentices Act, 1961 and Apprenticeship Rules 1992 amended from time to time.
• All Apprentices engaged by the Company will also be featured in NATS portal as an ‘Apprentice’.
• By virtue of them being covered under the provisions of the Act, a candidate profile will be created for each apprentice in the NATS portal, which will be available to them for viewing.
• On completion of the one-year Apprenticeship tenure, a Certificate of Proficiency will be issued to the apprentice by the Govt. of India, as applicable under the Act and the enrollment under the Apprenticeship Act will cease.
• All other clauses regarding the tenure of engagement as an Apprentice with HSBC will stand as mentioned in the offer letter issued by the Company at the time of joining.

Note:
As an employee, you are required to perform your duties in a professional capacity exercising independent judgement, discretion and decision-making authority in planning, organising, directing work, supervising and appraising the work of team members, as applicable; and taking accountability for delivery outcomes. You will represent the organization with relevant internal and external stakeholders. You will allocate and prioritize work, provide direction and feedback, manage team capacity and leave in line with policy as applicable.

Pro-tip : Familiarity with AI-enabled tools is an advantage.

Mandatory to successfully complete Anti-Money Laundering and Sanctions training and post-course assessment, as required.

You’ll achieve more at 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.

Personal data held by HSBC relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by HSBC Global Asset ManagementIndia Private Limited

Requirements: