Manager Reconciliation

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

Job summary

HSBC is seeking an experienced Manager Operations in Bengaluru to lead reconciliation packs for both Alternative and Traditional fund portfolios across Europe, MENA and APAC. You will ensure quality, implement controls, and support client delivery.

Role responsibilities include relationship building with internal stakeholders, active participation in governance calls, and balancing technical reviews with coaching and mentoring the team.

Qualifications

• Bachelor’s degree in commerce or accounting/finance or relevant experience.
• Strong knowledge of reconciliations processes and accounting principles.
• Basic knowledge of custody, brokerage, depository, investment accounting, mutual funds and reconciliations.
• Excellent English communication, team and time management skills.

Responsibilities

• Prepare/review accurate reconciliations packs for Alternative/Traditional fund portfolios across multiple locations.
• Support rollout of new products/activities within reconciliations’ scope for Europe/MENA/APAC.
• Independently build relationships with internal customers and participate in governance calls.
• Role comprises 80% technical review of controls and 20% coaching/mentoring the team.

Skills

Reconciliations process

Team management

English communication

MS Office

Education

Bachelor’s degree in commerce / accounting or finance

Tools

Bloomberg / Reuters

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 of Manager Operations.

In this role, you will:

• To prepare/review accurate Reconciliations packs of Alternative / Traditional fund portfolios on timely basis with expected quality. Will be responsible for ensuring quality control for several portfolios of Alternative / Traditional funds for multiple locations.
• Ensure that support rollout of new products / activities is within Reconciliations’ scope. Responsible for supporting Fund Services - Reconciliations, covering Europe / MENA / APAC for single or multiple clients. Primary independent responsibility of reviewing Reconciliations packs and performing maker activities as and when required.
• Independently develop and maintain mutually respectful & successful relationships with internal customers & business partners. Ensure active participation in monthly BAU/Governance calls with various stakeholders.
• Role comprises 80% of technical aspects which include reviewing and implementing process related controls and 20% comprises of activities such as training, coaching and mentoring the team.
• Responsible for process control activities and checking/reviewing of funds to ensure that Reconciliations delivered is accurate. Ensure continuous process-related updates and training are imparted to the fund administrators on an ongoing basis.

To be successful you will:

• Bachelor’s degree in commerce or qualifications to accounting/finance industry or relevant experience. Strong working knowledge on MS Office.
• Excellent knowledge in reconciliations process with accounting principles and fundamentals of accounting. Basic knowledge in custody, brokerage, depository, investment accounting, mutual funds and reconciliations.
• Ability to comprehend and communicate (written / oral) in English. Excellent Team Management skills and efficient Time Management.
• Ability to build excellent rapport and working relationship with other departments and jurisdiction thus ensuring smooth operations.

Additional skills:

• Knowledge of Derivatives Instruments. Working knowledge of Bloomberg / Reuters, other reconciliation and accounting applications used across industry
• Detailed understanding of end-to-end product and process, multiple market and regulations pertaining to the fund services industry.
• This role shift timings are 2:30am IST shift and it’s non-negotiable.

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