Manager Operations - PRIVATE ASSETS

HSBC; Kolkata District; On-site; INR 1,800,000 - 3,200,000; Full time

Job summary

HSBC in Kolkata, India, is seeking an experienced Manager Operations to lead a Fund Services team handling accounting, valuations and financial reporting across multiple regions.

You will oversee 8–10 direct reports, ensure timely, accurate deliverables, and drive process improvements while adhering to GMP standards. Strong NAV knowledge and cross-functional collaboration are essential for success.

Qualifications

• Bachelor’s degree in commerce or accounting/finance, or relevant experience.
• Expertise in NAV calculation and end-to-end fund accounting.
• Strong team leadership and ability to manage multiple priorities.

Responsibilities

• Manage 8–10 direct reports and oversee indirect headcount as needed.
• Deliver high-quality client service within the valuations and reporting model.
• Adhere to GMP guidelines to ensure accurate, timely processing.
• Collaborate with business partners to improve customer satisfaction.
• Balance delivery timelines with process improvements and efficiencies.

Skills

Team management

NAV calculations

Fund accounting

Process improvement

Stakeholder engagement

Education

Bachelor’s degree in commerce / accounting or finance

Tools

Bloomberg

Reuters

Accounting software

Job description

Job Description:

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 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 Manager 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. Supporting Fund Services - Accounting & Valuation and financial reporting, covering Europe, MENA, APAC for multiple clients
• 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
• Given the criticality of the process, this role requires the job holder to adhere to process and GMP guidelines to ensure NIL impact to the business. Any exceptions, failures, inaccuracies or delays could potentially result in any of the following impacts.
• Engagement with Business partners to understand and work on improving customer satisfaction

To be successful you will:

• Bachelor’s degree in commerce or qualifications to accounting/finance industry or relevant experience. Detailed understanding of single sub-process, control points, end to end process risk.
• Excellent knowledge in NAV 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 relationship with other departments and jurisdiction thus ensuring smooth operations.

Additional skills:

• Additional qualifications related to financial industry will be given preference. Professional degree in accountancy is desirable. Knowledge of Derivatives Instruments with 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. 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.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.

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.

***Issued By HSBC Electronic Data Processing (India) Private LTD***