Fund Administration Processor - Fund Accounting

HSBC; Bengaluru; On-site; INR 800,000 - 1,100,000; Full time

Job summary

HSBC is seeking an experienced Fund Administration Processor – Fund Accounting in Bangalore. The role involves producing Net Asset Value packs, coordinating end-to-end fund accounting processes, and ensuring timely, accurate reporting.

You’ll support process improvements and work with multiple jurisdictions. The ideal candidate has 3–6 years of funds administration experience, strong accounting knowledge, and familiarity with Bloomberg/Reuters.

Qualifications

• Bachelor’s degree in commerce or accounting/finance or equivalent experience.
• 3–6 years of relevant funds administration experience with end-to-end NAV process understanding.
• Working knowledge of Bloomberg/Reuters and other reconciliation/accounting applications.
• Knowledge of custody, brokerage, depository, investment accounting and mutual funds is preferred.

Responsibilities

• Prepare Net Asset Value packs and perform checker activities.
• Support deployment of defined business solutions to remove manual processes.
• Lead UAT for the business when required.
• Maintain internal control standards and ensure timely delivery of packs and reports.
• Build strong relationships with business areas and drive process improvements.

Skills

NAV process

Accounting principles

End-to-end fund accounting

MS Office

Risk awareness

Education

Bachelor's degree in commerce or accounting/finance

Tools

Bloomberg / Reuters

Job description

Location: Bangalore, KA, IN, 560103

Brand: HSBC

Area of Interest:

Role Workstyle: Hybrid Worker

Date: 21 Aug 2026

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 Fund Administration Processor – Fund Accounting.

In this role, you will:

• The traditional Accounting & Valuations team has daily, monthly and weekly Net Asset Value valuations with stringent timelines. The team is responsible for performing capital activity bookings, accruals, amortization, yields leading to final generation and validation of Net Asset Value through diagnostic checks, Financial Mainframe Report and post Net Asset Value activities. The team also performs other Monthly & Reporting activities which includes Fee Reviews. ex-dividend Distribution, Trustee Packs and Queries, Regulatory & Client Reporting. The Accounting & Valuations team is responsible functionally across multiple jurisdictions (where applicable) serviced out of Markets and Securities Services Bangalore.


• Participate in the deployment of defined business solutions to remove manual processes. Identify and reduce manual processes for enhanced operational control. Support and implement technology upgradation. Lead User Acceptance Testing for the business (as and when required).


• Primary responsibility of preparing Net Asset Value packs and performing checker activities. Problem situations are proactively identified and resolved to give maximum customer satisfaction and escalated where necessary. Appropriate measures are taken to improve quality and prevent recurrence.


• Establish and maintain effective relationship with customer business areas and identify areas of service improvements. Be the first escalation point in resolving issues with the Business Partner on a timely & ongoing basis. Ensure packs are delivered with quality and within set deadlines.Additional focus on priority clients and strategic approach on valuations should be done keeping the priority clients in mind.


• Procedural changes/new initiatives are reviewed, agreed with the business areas, fully communicated to staff and implemented. Maintains HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators.


• To be aware of the Operational Risk scenario associated with the role, and to ensure that all actions during your employment with HSBC take account of the likelihood of operational risk occurring. Ensure escalation process is in place and is effective. Ensure Gross Asset Value / Net Asset Value operating procedure is followed with management of risks (if any). Continually assess the risks inherent in department processes and procedures.


• Additional review of Job-Aid Matrix, Standard Operating Procedures, process notes, checklists and other internal process related documents periodically. Perform any additional responsibilities that may be required by the manager in support of specific projects, on-going management and development of the process.


• Perform the fund’s activities correctly as per the Standard Operating Procedures. Timely and accurate publishing of Management Information /Reports. Ensure completion of all mandatory training on time.

To be successful, you will:

• Bachelor’s degree in commerce or qualifications to accounting/finance industry or relevant experience.


• 3-6 years of relevant Funds administration experience. Detailed understanding single sub-process, control points, end to end process risk. Excellent knowledge in accounting principles and fundamentals of accounting. Decent knowledge in Accounting & Valuations process with clear understanding of the end-to-end Fund Accounting Model.


• Working knowledge of Bloomberg / Reuters, other reconciliation and accounting applications used across industry Life cycle of Net Asset Value process.


• Basic knowledge in custody, brokerage, depository, investment accounting, mutual funds, Corporate Actions, Financial Instruments and reconciliations.


• Efficient Time Management and ability to multitask work and priorities to meet defined deadlines. Proactive in implementing and driving solutions. Ability to build excellent rapport and working relationship with other departments and jurisdiction thus ensuring smooth operations.


• Strong working knowledge on Microsoft Office. Will be expected to maintain HSBC internal control standards, including the timely implementation of internal and external audit points, together with any issues raised by external regulators.


• Must be aware of the operational risk scenarios associated with this role and act upon pertinent risk (if any). Additional qualifications related to financial industry will be given preference.


• Knowledge of Derivatives Instruments. Earlier experience in custody / brokerage / funds services / depository industry. Detailed understanding of end-to-end product and process, multiple market and regulations pertaining to the fund services industry.

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 working 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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