Reconciliation Processor

Job Title: Reconciliation Processor

Purpose of the role

• To assist the team in the delivery of Investment Operations services (Reconciliations) to assigned clients/functional teams within agreed quality, timing and output targets.
  
  

In This Role, You Will

• Preparing of reconciliation packs for a variety of clients/funds (traditional & hedge funds) across different geographical locations.
• Perform the fund’s activities correctly as per the SOP.
• Adhere to defined process KPIs and PLAs.
• Should be accountable for all the reconciliation related activities falling with the scope of Markets & Securities Services Reconciliation team.
• Support department initiatives, regulatory, compliance and reduce risk.
• NIL BP Complaints.
• Be flexible to adopt in different working environments/ time zones with counter parts across the globe
• On the regulatory & legislative front should be aware of FATCA / Dodd Frank / Volker / AIFMD / UCITS / DPA and comply with the same.
• Perform any additional responsibilities that may be required by the manager in support of specific projects, on-going management and development of the process.
  
  

To Be Successful You Will

• Bachelor’s degree in accounting or other qualifications relevant to the accounting/finance industry.
• 0-2 years of relevant/accounting work experience.
• Sound knowledge on TLM, DUCO, XCEPTOR or any other Reconciliation Tool.
• Good knowledge of Capital Markets and Financial instruments.
• Basic knowledge of end to end product and process, multiple market and regulations.
• Good knowledge in accounting principles, fundamentals of Accounting.
• Proficiency in EXCEL essential.
• Ability to Speak and understand English.
• Good interpersonal and team work skills.
• Ability to re-prioritize workloads due to changing circumstances; meet strict deadlines.
• Excellent knowledge in reconciliations process with clear understanding of the E2E Fund Accounting Model.
• Must be aware of the operational risk scenarios associated with this role and act upon pertinent risk (if any).
• CA/ ICWA/ CS / PGDBM/MBA in Finance or CFA (D)
• 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
• Knowledge of Derivatives Instruments
• Expert in Accounting Knowledge
• 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.
• Excellent customer service and communication skills.
• Working knowledge of Bloomberg / Reuters, other reconciliation and accountinng applications used across industry
• Life cycle of NAV process
• Additional qualifications related to financial industry will be given preference
• Responsible for the implementation of Group Compliance Policy as is applicable to this role.
• Must be aware of the Operational Risk scenario associated with this role and to ensure that all actions performed take into account the likelihood of operational risk occurring.
  
  

Hsbc.Com/Careers

You’ll achieve more at HSBC

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.”

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