Fund Administrator

Business: Securities Services – Transfer Agency

Open positions:1

Role Title:Fund Administrator

Global Career Band: 8

Location (Country / City ):India/Kolkata

Recruiter Name :Archana Sharma

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, sub-custody 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.

• Since it is role that caters to markets in different time zone, the candidate must be flexible to working in different shifts including day shifts, early morning and evening shifts.

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.

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.

• 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

• Multi-cultural 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?

• CISI – Chartered Institute for Securities and Investment Certifications

• Prior experience in Transfer Agency & Registrar operations

• Understanding of Market and Mutual Fund operations desirable

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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