Manager Operations

HSBC; Kolkata District; On-site; INR 800,000 - 1,200,000; Full time

Benefits offered by this job

Continuous professional development

Flexible working opportunities

Job summary

HSBC is seeking a Manager Operations in Kolkata to manage performance and deliverables for funds and client valuations. The role involves supporting global products and standardizing Asset Servicing processes, requiring a Bachelor’s degree and 3-5 years in funds administration.

The ideal candidate will demonstrate excellent knowledge of accounting principles and experience in Asset Servicing, while managing operational risk effectively within a dynamic environment.

Qualifications

• 3-5 years of relevant funds administration experience.
• Excellent knowledge of accounting principles.
• Understanding of the E2E Fund Accounting Model.

Responsibilities

• Manage performance and deliveries of funds/client sign offs.
• Support global products on a regional basis.
• Plan for standardization of Asset Servicing processes.

Skills

Accountancy principles

Asset Servicing knowledge

Time Management

Multitasking

Knowledge of ICON/Geneva/Multifonds

Education

Bachelor’s degree in Commerce or relevant experience

Job description

We are currently seeking an experienced professional to join our team as Manager Operations.

In this role, you will:

• Responsible for managing performance and deliveries of funds/client sign offs to valuation teams.
• Supporting each global product on a regional basis by function or market.
• To plan for standardization of Asset Servicing processes by sharing the best practices across the various markets with the aim to enhance cost effectiveness and efficiencies.
• Supporting Fund Services – Asset Services covers UK, Europe & MENA jurisdiction for multiple clients. Establish and maintain effective relationship with customer business areas and identify areas of service improvements.
• Single Process – Significant complexity/risk and responsibility due to multiple types of activities and client/jurisdiction level variances.
• Compliance & NFR based on Grade complexity of funds/activity managed by role is decided by GSD line management based on experience and performance.
• Role will be of individual contributor in nature and will not have team reporting to the role.
• High level variation and specific manual processes required by Product/System/Client/jurisdiction/client.
• 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 effective escalation process is in place.
• Responsible functionally across multiple jurisdictions (where applicable) serviced out of MSS Kol.

To be successful you will:

• Bachelor’s degree in Commerce or qualifications to accounting/finance industry or relevant experience.
• Detailed understanding single sub-process, control points, end to end process risk.
• Excellent knowledge in accounting principles and fundamentals of Accounting. 3-5 years of relevant Funds administration experience.
• Excellent knowledge of ICON/Geneva/Multifonds as accounting system. Knowledge of Derivatives Instruments.
• Excellent knowledge and relevant experience in Asset Servicing with clear understanding of the E2E Fund Accounting Model.
• Basic knowledge in custody, brokerage, depository, investment accounting, mutual funds and reconciliations.
• Efficient Time Management and ability to multi task work and priorities to meet defined deadlines
• Must be aware of the operational risk scenarios associated with this role and act upon pertinent risk (if any).
• Earlier experience in custody / brokerage / funds services / depository industry.
• Life cycle of NAV process.

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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