Subject Matter Expert - Net Asset Value at HSBC Securities Services Luxembourg

Bidhannagar, west bengal, India -

Full Time

Start Date

Immediate

Expiry Date

15 Aug, 26

Salary

0.0

Posted On

17 May, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Net Asset Value, Financial Reporting, IFRS, UK SORP, US GAAP, Fund Administration, Financial Statement Analysis, Operational Risk Management, Valuation Cycle, Corporate Actions, Investment Accounting, Reconciliations, Time Management, Multitasking, Internal Controls, Audit Compliance

Industry

Financial Services

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. We are currently seeking an experienced professional to join our team in the role of Subject Matter Expert – Net Asset Value. In this role, you will: Engage in review of NAV and Financial statements to ensure highest quality of service to business area and stakeholders thereby maintaining green KPI across clients/process. Ensure that all operational functions within the scope of NAV production and Statutory Reporting are performed as per laid down procedures. Support implementation and roll out of new products/ activities within NAV & Financial Reporting. Primary responsibility of preparing & reviewing NAV packs and financial statements, in accordance with local legal requirements and relevant accounting standards for the respective country, i.e. IFRS, UK SORP & US GAAP or Local GAAPs as applicable and within strict timelines. To develop and maintain mutually respectful & successful relationships with internal customers & business partners. Ensure all service deliveries are timely, accurate and in line with PLAs, agreed standards, client commitments and expectations. To be aware of the Operational Risk scenario associated with the role, highlight/escalate operational risk scenarios and ensure adherence to internal controls by achieving adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators. Required to adhere to process and FIM guidelines to ensure NIL impact to the business. Any exceptions, failures, inaccuracies or delays could potentially result in financial loss, regulatory impact, reputational damage, audit findings/FIM breach and increased operational risk. To be successful you will: Bachelor’s degree in commerce or qualifications to accounting/finance industry or relevant experience. Strong Accounting Concepts with clear understanding of financial statements. Sound knowledge of various types of financial instruments, Funds Administration and accounting services and understanding of valuation cycle and corporate actions Excellent knowledge in fund administration with clear understanding of the E2E Fund Accounting Model. Basic knowledge in custody, brokerage, depository, investment accounting, mutual funds and reconciliations. 3-5 years of relevant Funds administration and reporting experience. Should be a team player and promote strong teamwork and bonding. Efficient Time Management and ability to multitask work and priorities to meet defined deadlines. Proactive in implementing and driving solutions. 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). You’ll achieve more when you join HSBC. www.hsbc.com/careers 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. ***Issued By HSBC Electronic Data Processing (India) Private LTD***

Responsibilities

The role involves reviewing NAV and financial statements to ensure high quality and adherence to local legal requirements and accounting standards. It also requires managing operational risks, maintaining internal controls, and supporting the implementation of new products within NAV and financial reporting.