Fund Administrator - Bengaluru, Karnataka, India - HSBC

HSBC

Verified Company

Bengaluru, Karnataka, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

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 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.

Why join us?

Some careers open more doors than others. If you're looking for a career that will unlock new opportunities, join Securities Services and experience the possibilities. 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, subcustody and clearing, and corporate trust and loan agency services.
Securities Services provides an extensive and comprehensive Global Distribution Support and Transfer Agency (GDTA) product suite, underpinned by an established global operating model, servicing over 885,000 investors in 152 countries. The service covers full registrar and distributor support models as well as local client servicing and is targeted towards investment managers, distributors and investors globally with support across different time zones
.

The Opportunity:

HSBC Markets and Securities Services Transfer Agency Team acts as the Registrar of the Mutual Fund clients, that is responsible for supporting onboarding of its investors and the ongoing dealing, settlement, payment and corporate actions during the fund's life cycle. The team caters to business across the globe from markets of Singapore and Hong Kong to the east to New York and Bermuda to the west, while having a significance presence in Europe as well. HSBC has a great mix of clients (Asset management companies that has both Traditional and Hedged Funds)
Role is of Fund Administrator position in Transfer Agency Operations and involves catering to strict dealing/reporting/payment cut offs for key daily Clients across different time zones catering to multiple locations/jurisdictions requiring close supervision, planning and prioritization of associated tasks on daily basis.

What you'll do:

To process the following transactions accurately and in a timely manner pertaining to Transfer Agency functions in Kolkata.
Subscription, Redemption, Switches and Transfers from the investors into and from the fund.
Reporting to interested parties such as the Fund Accountants, Investors, Distributors, Fund/Asset Management Companies.
Investor Onboarding, Account Set up and Maintenance
Settlement and Reconciliation of the deals settled and payments received or made to the investors.
End of Day Activities.
Corporate Action and Fund Price updates to the system.
And any other activities pertaining to Transfer Agency functions which may be introduced in future.

Requirements

What you will need to succeed in the role:

Qualifications

Commerce Graduate is essential, Post Graduate degree in commerce and Accounts would be an added advantage.

Professional Skills & Experience

Knowledge of securities industry, Mutual funds, hedged funds, role of Transfer Agents, Registrars, Custodian etc. are desirable

Personal Skills & Qualities:

Ability to communicate clearly, concisely and effectively in English, both oral and written
Multicultural background or experience, ability to work across broad range of cultures in support of HSBC Group values and objectives
Strong attention to detail
Strong computer skills in Excel and Microsoft Word
Good team player and able to work well independently

What additional skills will be good to have?