Senior Fund Administrator - Mutual Funds

HSBC Holdings plc; Bengaluru; Hybride; INR 900 000 - 1 300 000; Plein temps

Résumé du poste

HSBC is seeking an experienced Senior Fund Administrator – Mutual Funds in Bangalore to manage NAV valuations and related accounting tasks. You will handle daily/weekly/monthly valuation processes, fee reviews, regulatory reporting, and client communications while ensuring adherence to internal controls and quality standards.

The role requires 3–6 years in traditional funds, strong accounting knowledge, and proficiency in English.

Qualifications

• Bachelor’s degree in commerce or accounting/finance qualification.
• 3–6 years in traditional funds and fund administration.
• Strong knowledge of accounting principles and end-to-end fund accounting.
• Proficient in English and able to multitask to meet deadlines.
• Experience with derivatives, custody/brokerage, and reconciliations.

Responsabilités

• Prepare Net Asset Value packs and perform checker activities.
• Deliver NAV packs with timely processing and quality checks.
• Support Fee Reviews, Ex-Dividend Distribution, Trustee Packs and regulatory/client reporting.
• Work across multiple jurisdictions with Markets and Securities Services Bangalore.
• Identify process improvements and support technology upgrades.
• Escalate and resolve issues, maintaining strong client relationships.

Connaissances

Accounting knowledge

English proficiency

Fund accounting

Formation

Bachelor's degree in commerce

Outils

Bloomberg

Reuters

Description du poste

Location

Bangalore, KA, IN, 560103

Brand

HSBC

Role Workstyle

Hybrid Worker

Date

21 Oct 2026

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 Senior Fund Administrator – Mutual Funds.

In this role, you will:

• The traditional Accounting & Valuations team has daily, monthly and weekly Net Asset Value valuations with stringent timelines. The team is responsible for performing capital activity bookings, accruals, amortization, yields leading to final generation and validation of Net Asset Value through diagnostic checks, FMR (Financial Mainframe Report) and post Net Asset Value activities.
• The team also performs other Monthly & Reporting activities which includes Fee Reviews. Ex-Dividend Distribution, Trustee Packs and Queries, Regulatory & Client Reporting. The Accounting & Valuations team is responsible functionally across multiple jurisdictions (where applicable) serviced out of Markets and Securities Services Bangalore.
• The role will be of individual contributor nature and will not have team reporting to the role. Responsible for core processing/reviewing activities and will require strong technical knowledge to achieve target deliverables.
• The role will demand a daily balance of delivering an excellent client service within the standard Net Asset Value model of promoting continuous improvement of Net Asset Value processes and of identifying and capitalizing opportunities to create capacity and generate efficiencies.
• The role would also require the individual to ensure that process and procedures are continually reviewed and improved, and the changes are communicated and implemented effectively. The job also entails checking on internal control and measures undertaken and regularly reviews them to maintain quality and productivity at the optimum level. Perform any additional responsibilities that may be required by the manager in support of specific projects, on‑going management and development of the process.
• Impact on the Business/ Function: Actively participate in the deployment of defined business solutions to remove manual processes. Proactively identify and reduce manual processes for enhanced operational control while also supporting and implementing technology upgradation. Lead User Acceptance Testing for the business (as and when required).
• Customers / Stakeholders: Primary responsibility of preparing Net Asset Value packs and performing checker activities. Proactively identify and resolve problem situations to give maximum customer satisfaction and escalated where necessary and undertake appropriate measures to improve quality and prevent recurrence. Establish and maintain effective relationship with customer business areas and identify areas of service improvements. Act as a key escalation point in resolving issues with the Business Partner on a timely & ongoing basis.
• Ensure packs are delivered with quality and within set deadlines with an additional focus on priority clients and strategic approach on valuations should be done keeping the priority clients in mind. Procedural changes/new initiatives are reviewed, agreed with the business areas, fully communicated to staff and implemented.
• Operational Effectiveness & Control: Maintains HSBC internal control standards, overseeing the timely implementation of internal and external audit points together with any issues raised by external regulators. Proactively be aware of the Operational Risk scenario associated with the role, and 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. Ensure Gross Asset Value / Net Asset Value operating procedure is followed with management of risks (if any). Continually assess the risks inherent in department processes and procedures. Additional review of Job-Aid Matrix, Standard Operating Procedures, process notes, checklists and other internal process related documents periodically.

To be successful, you will:

• Bachelor’s degree in commerce or qualifications to accounting/finance industry or relevant experience.
• 3-6 years of relevant experience in Traditional Funds and Funds administration.
• Excellent knowledge in accounting principles and fundamentals of accounting. Decent knowledge in Accounting & Valuations process with clear understanding of the end-to-end Fund Accounting Model. Basic knowledge in custody, brokerage, depository, investment accounting, mutual funds, Corporate Actions, Financial Instruments and reconciliations.
• Ability to speak and understand English. 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. Should have demonstrated behavior in line with HSBC values throughout.
• Strong working knowledge on Microsoft Office. Will be expected to maintain HSBC internal control standards, including the timely implementation of internal and external audit points, together with any issues raised by external regulators.
• Must be aware of the operational risk scenarios associated with this role and act upon pertinent risk (if any).
• Knowledge of Derivatives Instruments. 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 Life cycle of Net Asset Value 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.

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.