Fund Administrator - 1 year Contract

HSBC Holdings plc; Kolkata District; On-site; INR 300,000 - 520,000; Full time

Job summary

HSBC in India seeks an experienced Fund Administrator on a 1-year contract to support traditional fund portfolios. The role focuses on NAV pack preparation, checker activities, and ensuring service delivery quality.

The candidate should possess a accounting background and be proficient in Excel with strong English communication skills. The position requires flexibility to work in shifts and to adapt to changing business needs while maintaining accuracy and meeting deadlines.

Qualifications

• Bachelor’s degree in accounting or related field.
• 0-2 years of relevant/accounting work experience.
• Knowledge of capital markets, custody, brokerage, depository, investment accounting, mutual funds, reconciliations.

Responsibilities

• Participate in and contribute to the implementation of business solutions to eliminate manual processes and streamline operations.
• Lead User Acceptance Testing for the business and deliver high-quality pack outputs across Traditional fund portfolios.
• Drive service quality across Traditional fund portfolios and implement process improvements.
• Prepare Net Asset Value packs and perform checker activities, escalating issues to ensure resolution before finalizing packs.
• Maintain relationships with internal customers and business partners and ensure timely, accurate service deliveries within SLAs.

Skills

Excel proficiency

English communication

Interpersonal skills

Deadline orientation

Education

Bachelor’s degree in accounting

Tools

Microsoft Excel

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 Fund Administrator – 1 year Contract.

In this role, you will:

• Participate in and contribute to the implementation of business solutions to eliminate manual processes. Identify and streamline manual processes to enhance operational control, enable and implement technology upgrades.
• Lead User Acceptance Testing for the business (as required). Responsible for delivering high-quality pack outputs across multiple Traditional fund portfolios.
• Drive a strong focus on service quality across Traditional fund portfolios. Implement process enhancements and drive continuous improvement initiatives.
• Primarily responsible for preparing Net Asset Value packs and performing checker activities as required. Escalate exceptions to the appropriate teams to ensure resolution before finalizing the pack.
• Develop and maintain mutually respectful & successful relationships with internal customers & business partners. Responsible for ensuring that all service deliveries are timely, accurate and in line with Performance Level agreements, agreed standards, client commitments and Business Partner expectations.
• Maintain HSBC internal control standards including the timely implementation of audit points. Update daily Management Information System / trackers as required by the process.
• Be flexible to work in shifts and accommodate additional business requirements as needed. The individual will have to complete all the activities of the assigned funds within the set time limit and ensure that the accurate pack is delivered to the stakeholders within the Performance Level Agreement.
• Ensure timely follow up on the open & outstanding issues that hinder the valuation. Ensure, Escalation Matrix is followed as per agreed between Business Partners and Markets and Securities Services Kolkata.

To be successful, you will:

• Bachelor’s degree in accounting or other qualifications relevant to the accounting/finance industry.
• 0-2 years of relevant / accounting work experience.
• Good knowledge of Capital Markets, custody, brokerage, depository, investment accounting, mutual funds, reconciliations and financial instruments.
• Proficiency in Microsoft Excel.
• Communicate effectively in English.
• Strong interpersonal and teamwork skills and to prioritize and adjust workloads based on changing circumstances and meet strict deadlines.
• Knowledge of derivatives instruments.
• Expertise in accounting and prior experience in custody, brokerage, funds services, or the depository 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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