Manager, Alternatives Operations at HSBC Securities Services Luxembourg

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

06 Feb, 26

Salary

0.0

Posted On

08 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Alternative Asset Classes, Investment Operations, Net Asset Value Calculations, Fund Administration, Accounting Skills, Operational Risk Management, Process Improvement, Regulatory Compliance, Stakeholder Management, Financial Statement Preparation, Performance Reporting, Ad Hoc Requests, Business Continuity, Financial Crime Compliance, Portfolio Compliance, MS Office Skills

Industry

Financial Services

Description

Some careers have more impact than others. If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 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 Manager, Alternatives Operations. Responsibilities Transaction & trade support services for Private Credit. Fund Operation: pricing & reconciliation, Net Asset Value production oversight, fees & invoicing, financial statement preparation and auditing of the private credit funds and mandates. Reporting: checking performance of underlying funds, portfolio reporting, supporting regulatory reporting tasks, portfolio compliance , assisting the management reporting and investor reporting Operational Risk & Compliance: implementing financial crime compliance & control, support business continuity, executing Operational Risk Management Framework Support of various system projects and implementing change in Business As Usual procedures Managing various stakeholder’s requirement and queries Should be flexible to meet adhoc requests and support different time zones. Strong awareness of Risk management and controls approach Qualifications : Strong knowledge of Alternative Asset classes, preferably prior experience into investment operations team or equivalent middle office services within asset management or asset management services Deep level of understanding of Net Asset Value calculations and oversight of fund administrator and lastly MS office skills are required. Accounting skills of Alternatives asset class (Private equity/ Hedge fund/ Private Credit). Qualified accountants would be a plus. At least 4-11 years of experience in the asset management business.. Effective management of escalations/issues related to operational risk. Identify opportunities for process improvement and champion continuous improvement within the team. Identify, manage and mitigate operational risks. Adhere to all regulatory requirements. 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, colour, 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***

Responsibilities

The Manager, Alternatives Operations will provide transaction and trade support services for Private Credit, oversee fund operations including pricing and reconciliation, and manage reporting tasks. The role also involves implementing operational risk and compliance measures and supporting system projects.