Fund Service Fund Administration Clerk

Job description

Job Advert Details

As part of the world’s leading international bank, HSBC 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, HSBC Securities Services offers a range of fund administration, global custody, sub-custody and clearing, and corporate trust and loan agency services.

People responsibility: N
Job content: 

·  To open/close Fund Administration accounts upon requests and arrange completion of necessary documentation.
·  Perform fund account balance reconciliation. 
·  To receive daily transaction report from SITEs, perform matching task and update to the system.
·  Fee and interest accrual. 
·  Verify the accuracy .for corporate events and market price and maintain them on system. 
·  Perform fund valuation and Unit NAV announcement procedures.
·  Prepare daily, weekly, monthly, quarterly and yearly reports, send to clients and related parties after reviewing.
·  Perform Investment Restrictions and Guidelines (IRG) monitoring and send IRG report to SITEs.
·  Be responsible and follow up clients’ inquiries. 
·  Other tasks assign by Management.

Information

·  Basic knowledge and experience with Fund Administration operations. Knowledge of securities and financial instruments regulations, products and markets.

·  Fluent English ability for communication is required.
·  Trust professional license is required plus preferably SITE professional license.
·  GPAD covered worker