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Busniess Descriptor

We are currently seeking a person to join the Fund Administration team (FS) within Securities Services. Securities Services provides robust and reliable solutions that enhance performance and mitigate risk, today and in the future. Working with institutional investors, banks, insurance companies, governments and multinational corporations, Securities Services offers a range of fund administration, global custody, sub-custody and clearing services. Management with a focus on customer-centric propositions and innovative and efficient distribution channels.

Principal Responsibilities

• Ensure error-free calculation of Net Asset Value (NAV) and timely / accurate reporting to clients on a daily basis.

• Preparation of various client and regulatory reports as per prescribed formats and timelines.

• Handling of various audits (Statutory Audit, SEBI Audit & Internal Audit) for the Mutual Fund / Insurance / AIF clients.

• Process and Productivity Improvement - Contribute towards cost saving / revenue enhancement initiatives for the business by automating the manual processes thereby improving the productivity.

• Ensure Operational Memorandum & Client SLAs are always met. Ensure that all new Client requirements are accepted if feasible.

• Tracks competitors with respect to service proposition, value-added services, best practices etc.

• Explores avenues for service improvements and provides value-adds to clients on an ongoing basis.

• Ensure error-free and efficient operations across all clients as well as adherence to defined process notes and diligently following the daily checklist put in place. To put in tools / triggers to monitor performance as per the defined process notes and checklist on an ongoing basis. No instance to be observed where any process deviation / exception has taken place that has resulted in negative impact for the client or HSBC.

• To manage operational risk, including its identification, assessment, mitigation and control & assess operational gaps / inefficiencies which could lead to frauds and lapses.

• Implement Global Standards

Role requirements / Educational Qualifications / Certification / Experience:

Applicant should be a person having sound knowledge of SEBI Mutual fund regulations and financial accounting, preferably a Bachelor of commerce degree (Specialized in accounting). An exposure to capital market would be an added advantage. He should possess at-least 2-3 years of work experience.

Minimum Graduation or as required for the role, whichever is higher.

Pro-tip : Familiarity with AI-enabled tools is an advantage.

Eligibility Criteria

India Bank / INM employees will be eligible to apply to this role after completion of 12 months in the current role/position at the time of application on level transfer and/or promotion.

Entity Employees (not from India Bank) to be guided by their internal policy on tenure completion in current role at the time of application before applying and share line manager approval once shortlisted

INM Employees in scope of WPB Career Progression Framework not eligible to apply to roles within the purview of the Framework.

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Issued by The Hongkong and Shanghai Banking Corporation Limited, India