Manager Operations - PRIVATE ASSETS

HSBC; Bengaluru; On-site; INR 2,400,000 - 4,200,000; Full time

Job summary

HSBC Holdings plc in Bengaluru is seeking an experienced Manager Operations to lead Fund Services across Accounting & Valuation and financial reporting for multiple clients in Europe, MENA and APAC. You will oversee 8–10 direct reports and collaborate with administrators and SMEs to meet KPIs.

The role requires strong fund accounting knowledge, risk awareness, and the ability to drive process improvements and client service excellence within a global operations model.

Qualifications

• Bachelor’s degree in commerce or qualifications in the accounting/finance industry with relevant real estate fund accounting experience with Yardi/ Investran as mandate.
• Excellent knowledge in accounting principles and fundamentals of accounting, AV calculation process with clear understanding of the E2E Fund Accounting Model.
• 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 relationships with other departments and jurisdiction.

Responsibilities

• The role will require technical excellence to achieve target deliverables combined with the ability to get work done from administrators/SMEs to achieve target KPIs.
• Balance of delivering excellent client service within the Valuations and Reporting converged model of promoting continuous improvement of processes and of identifying and capitalizing opportunities to create capacity and generate efficiencies
• Manage 8 to 10 direct reports, whilst overseeing additional headcount (indirect reports), as and when required by business
• Supporting Fund Services - Accounting & Valuation and financial reporting, covering Europe, MENA, APAC for multiple clients.
• Be aware of the Operational Risk scenario and ensure escalation processes are in place and effective.

Education

Bachelor’s degree in commerce or qualifications in the accounting/finance industry

Tools

Yardi

Investran

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 organizations 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 realize their ambitions. We are currently seeking an experienced professional to join our team in the role ofManager Operations.

In this role, you will:

• The role will require technical excellence to achieve target deliverables combined with the ability to get work done from administrators/SMEs to achieve target KPIs.
• The role will demand a daily balance of delivering excellent client service within the Valuations and Reporting converged model of promoting continuous improvement of processes and of identifying and capitalizing opportunities to create capacity and generate efficiencies
• The major challenge for this role is to continuously manage deliveries within the specified time limit with minimum or no errors. Manage 8 to 10 direct reports, whilst overseeing additional headcount (indirect reports), as and when required by business
• Supporting Fund Services - Accounting & Valuation and financial reporting, covering Europe, MENA, APAC for multiple clients. Establish and maintain effective relationship with customer business areas and identify areas of service improvements
• 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

To be successful you will:

Functional Knowledge

• Bachelor’s degree in commerce or qualifications in the accounting/finance industry with relevant real estate fund accounting experience with Yardi/ Investran as mandate.
• Excellent knowledge in accounting principles and fundamentals of accounting, AV calculation process with clear understanding of the E2E Fund Accounting Model. Basic knowledge in custody, brokerage, depository, investment accounting, mutual funds and reconciliations.
• Excellent Team Management skills with ability to handle personnel issues and strong team bonding.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 relationships with other departments and jurisdiction thus ensuring.

Additional skills:

• Detailed understanding of end-to-end product and process, multiple market and regulations pertaining to the fund services industry. Working knowledge of Bloomberg / Reuters, other reconciliation and accounting applications used across industry
• End to end knowledge of Reconciliations, Private Equity, Private Credit, Real Estate fund valuations and Statutory Reporting

You’ll achieve more at HSBC

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