Subject Matter Expert Reconciliations

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If youre 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 Reconciliations.

In this role you will:

• Ensure that support rollout of new products / activities is within Reconciliations scope. Drive efficiencies through automation / efficiencies in connectivity model. Engage and participate in the deployment of defined business solutions to remove manual processes.
• Ensure Active participation and support of migration / re-migration of funds. Ensure high level department initiatives regulatory compliance and reduce risk. Formulate and implement robust control mechanisms to eliminate risk (if any)

• Responsible for supporting Fund Services - Reconciliations covering Europe / MENA / APAC for single or multiple clients
• Primary independent responsibility of reviewing Reconciliations packs and performing maker activities as and when required.
• Ensure active participation in monthly BAU/Governance calls with various stakeholders.

• Responsible for Processing (prepare / review) allocated Reconciliations packs on annual basis per teams average. Participate / facilitate in internal and external reviews of risks and processes. Proactively engaged with business partners and resolve any outstanding issues by coordinating with them.
• Provide high level support in audit process and recommendations on a timely manner. Ensure Mitigation of risk of errors and near misses in the valuation production process. Ensure that Audit NFR and Compliance reviews to be rated as satisfactory.

To be successful you will:

• Bachelors degree in commerce or qualifications in accounting/finance industry or relevant experience.
• Detailed understanding of single sub-process control points end to end process risk. Excellent knowledge in accounting principles and fundamentals of accounting.
• Excellent knowledge in reconciliations process 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 experience. Strong working knowledge on MS Office.
• Ability to build excellent rapport and working relationships with other departments and jurisdiction thus ensuring smooth operations.
• Should have demonstrated behavior in line with HSBC values throughout.
• 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).

Youll achieve more when you join 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.

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***