Fund Service Fund Administration Manager

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.

To manage the Fund Administration (FA) team to develop and review the operating procedures for fund accounting and valuation, investment compliance monitoring, and report generation to clients (SITEs) and local authorities. Assess existing system and processes to identify system enhancement needs and work with MIS manager to improve efficiency and services. Train and coach the FA team to achieve their goals and objectives for each year. Also responsible for handling customer enquiries on regulations and market practices.

Job content: 

·  Ensure systems and services are the most efficient and effective available in order to provide services to clients.
·  To keep up with continuous introduction of new securities products, financial instruments changing regulation and rules in the market and to ensure that operations and control procedures are in place to handle Fund Administration operations and reporting for the products.
·  To fully understand the market practices, clients’ requirement, and our capabilities in order to help complete clients’ Request for Proposals and Services Level Agreements which also require constant monitoring afterwards to ensure the compliance with client requirements.
·  To exercise a high degree of flexibility to cope with unpredictable regulatory changes and client needs, to manage the uncertainty that arises from lack of/vague/ever-changing rules and regulations in addition to the lack of industry norms, and to display the right leadership style, strong interpersonal sensitivity, commercial sense, and business oriented mindset.

Information

·  Bachelor’s degree in Accounting/ Finance
·  Experience in Fund Administration or in related Financial Services Operation
·  Strong understanding of derivatives and portfolio accounting
·  Advanced Excel and Word skills is a plus
·  Strong interpersonal skills, attention to accuracy and a positive attitude
·  Extensive knowledge and experience with Fund Administration operations and systems.
·  Knowledge of securities and financial instruments regulations, products and markets.
·  Trust professional licence is required plus preferably SITE professional license.
·  Need to get Trust license and SICE/SITE license within 6 months after on board
·  GPAD covered