Senior Manager Fund Services Operations

Job description

Job description

Some careers grow faster than others.  

If you’re looking for further opportunities to develop your career, take the next step in fulfilling your potential right here at HSBC.

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. 

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 and local authorities. Assess existing system and processes to identify system enhancement needs and work with various teams 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.

We are now inviting qualified individuals to join this team in the role of Senior Manager Fund Services Operations. 

Principal Responsibilities 

·  Ensure systems and services are the most efficient and effective available to provide services to clients.
·  Ensures the daily Funds’ NAV pricing is prepared accurately and timely for publication as well as within the SLA agreed timelines and monthly financial reporting are effectively administered within the stipulated Guidelines and Accounting Standards.
·  Understand and be familiar with the requirement of the Capital Market & Securities Act, the Guidelines on Unit Trust Funds as well as the Trustee Act.
·  Collaborate with multiple internal support team to ensure data accuracy and integrity.
·  To ensure compliance of Funds in accordance with the Deeds, Prospectuses, Operation Manual, and other relevant regulatory requirements.
·  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 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 and to display the right leadership style, strong interpersonal sensitivity, commercial sense, and business-oriented mindset.
·  Establish and maintain strong relationships with clients and their other service providers and within HSBC.
·  To foster good relations with relevant regulator.
·  Implementation of the ASP strategy and target operating model for fund administration across region to ensure this is applied consistently, leveraging best practice. 
·  Drive efficiencies across fund administration to deliver process efficiencies and standardisation. 

Requirements

·  Bachelor’s degree in accounting/ finance
·  Experience in Fund Administration or in related Financial Services Operation / Capital Market Industry.
·  Strong understanding of portfolio accounting including ability for multi-tasking and manage multiple deadlines.
·  Extensive knowledge and experience with Fund Administration operations and systems.
·  Knowledge of securities and financial instruments regulations, products, and markets.
·  Strong problem-solving skills coupled with good planning and organizational skills.
·  Self-motivated, performance driven, able to embrace change and work closely with all levels of employees and external customer.
·  Strong analytical skills, high attention to detail
·  Proven ability to execute and deliver change, within an operational context.
·  Solution orientated; high energy characteristics necessary to support HSS business.
·  Excellent interpersonal skills with the ability to build and maintain global and regional relationships at all business levels.

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation needed will be prioritised.

You’ll achieve more when you join HSBC.

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Issued by HSBC Bank Malaysia Berhad