Clearing and Settlements Processor - Apprentice (12 Months)

HSBC; Mumbai; On-site; INR 220,000 - 300,000; Full time

Job summary

HSBC in Mumbai seeks a Clearing and Settlements Processor - Apprentice (12 Months) to join the Mutual fund operations within Investment Operations. You will help execute settlements for equity, fixed income, government securities, and repo trades, using platforms like NSDL Steady STP and E-Kuber, while ensuring data accuracy and regulatory reporting.

You will collaborate with auditors and internal teams to support monthly MIS and master data maintenance, under Apprenticeship rules with a

Qualifications

• 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.

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; 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

English proficiency

Analytical thinking

Interpersonal skills

Time management

Problem-solving

Presentation skills

Education

CA/MBA/CA-Inter

Tools

NSDL Steady STP

FIMMDA Reporting

E-Kuber Platform

Job description

Clearing and Settlements Processor - Apprentice (12 Months)

Location: Mumbai, MH, IN, 400063

Brand: HSBC

Area of Interest: Asset and Wealth Management

Role Workstyle: Office Worker

Date: 18 Aug 2026

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.

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.

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