1,860 Securities Services jobs in India

Job Responsibilities:

Direct Responsibilities

Ensure to support the team as an Analyst/SME in performing various client implementation activities such as Portfolio setup, Portfolio closure, Portfolio restructure, onboarding, off boarding to the underlying Asset Manager clients.

Ensure KPIs and KRIs of the team are met and in line to SLA standards.

Ensure all stock / cash movements are completed as per the agreed transition timelines.

Ensure to support the team as an Analyst and back of controller as required in BAU.

Ensure preliminary analysis is performed for the transition / project activities and to highlight any issues to controller.

Ensure eye to detail in managing various activities within the process.

Act as a Key participant for audit and other assignments for the team.

Contribute towards process enhancements to bring in operational efficiencies.

Develop a strong understanding of all upstream and downstream processes, systems and stakeholders involved.

Ensure effective communication to all the parties involved.

To follow escalation protocols to managers, senior stakeholders on all critical topics within the process

Ensure to be a backup for the Assistant managers of the team where required.

Willingness to take on other duties as assigned by the Senior Associate/Assistant manager.

Technical & Behavioral Competencies

Overall understanding of Capital markets operations with familiarity towards Middle office trade processing, fund accounting, custody business etc.

Hands on experience in new fund setups, fund closure, transition activities etc within similar domain

In depth knowledge on transition related activities linked to Asset manager clients

Zeal to learn new things.

Fair understanding of various investment products such as Equities, Fixed income, MM, FX, etc

Must be prepared to work in flexible timings.

Excellent communication skills

Willingness to act as subject matter expert on behalf of the business when needed.

Collaborative mindset and an excellent team player with a zeal to lead the team where required.

Problem solving and problem resolution skills at a functional level.

Communicates effectively with diverse groups and individuals across different locations including within the team, onshore partners, project team, managers etc

Are you seeking an exciting opportunity to join a dynamic and growing team in a fast-paced environment? This unique role in the Global Regulatory Practice group within Securities Services allows you to partner with the Business to provide comprehensive insights. The team advises on regulatory changes, interprets their impact, and develops execution strategies and client solutions, while also publishing thought leadership and engaging in industry advocacy. This is a dynamic and multi-faceted role within the business. 

As an Analyst in the Global Regulatory Practice group, you will support launch of the Securities Services critical regulatory impact assessment process from the regulatory landscape scanning stages, support the maintenance of the Securities Services regulatory governance model and controls framework, and support of the client facing regulatory intelligence tools. The role provides cross regional exposure to different product areas within Securities Services, and involves daily interaction with Securities Services product managers as well as functional business support areas ( Legal, Compliance, Business Controls, Regulatory Affairs, Technology, Corporate Tax . The role will have a reporting line into the Regulatory Practice team lead in Mumbai and the Regulatory Practice UK Regulatory manager in London along with a dotted reporting line to the local Product Manager in Mumbai.

Job Responsibilities:

Required qualifications, capabilities and skills:

Preferred qualifications, capabilities and skills:

Roles & Responsibilities :

• This team updates the prevailing prices of the securities to enable the fund accountants to ascertain the market value of the securities as a part of fund valuation (NAV/ GAV)

• Pricing activity is carried out on different applications for clients across APAC, UK and EMEA regions

• This team is responsible to setup the reference data of various instruments in the respective accounting platforms. Multiple regions such as APAC, EMEA and UK are supported.

• Participate in Brain Storming Sessions and share the best practices and ideas with the peer groups and team members.

• Constantly update and review procedures to keep up to date with the change in process.

• Participate in ad-hoc projects and new initiatives.

• Performing a range of daily, weekly, monthly reporting/ controls to ensure completeness of processing and that any inappropriate postings, matching etc. is identified and resolved promptly

 Responsibilities

Direct Responsibilities

- Managing delivery of accurate and timely NAVs for hedge funds, Fund of Funds and Feeder funds – with extremely high volume or / and very high complexity (having equities, bonds, future, options, CDS, EQS, etc. as holdings) by completing all of the following processes:

- Cash and position reconciliation (accounting vs PB and 3 way); with resolution of breaks

- Income reconciliation (dividends and interest)

- Manual Pricing and Pricing review

- P&L review and Tolerance checks

- Fees accrual, management and performance fee calculation and booking

- Capital bookings and reconciliation with Investor services system reports

- TB tie out and compiling NAV pack

- Managing the team and proper reporting to the Senior Management.

- Liaising with Spoke locations for Migrations, Deliverables etc.

- Participation in system development projects, process change projects, etc.

- Preparation of Management Packs.

Contributing Responsibilities

- Delivery on audit requests and resolution of all queries on a timely basis

- Ensure appropriate checks and procedures are followed to maintain high quality deliverables and to avoid internal audit and ISAE findings

- Compliance with all internal organizational and business policies

Direct Responsibilities

·Being a representative in the Operational Permanent Control Unit functioning within the organization ensure that the Group guidelines are adhered by the across the organisation. Perform regular analysis of repetitive operational risks within the organization.

·Work closely with Operational and functional Business Units to ensure that the defined controls are adhered and any deficiencies/failures are escalated to Senior Management, on time.

·Investigate the incidents recorded and perform regular follow-up with the stake holders according to the Incident management guidelines including and evaluate the effectiveness of the preventive measures proposed and implemented within the defined time lines.

·Work closely with business units in order to assess both effectiveness and efficiency of existing controls.

·Evaluate the operational risk from an internal & external fraud perspective, ensure the teams comply with group guidelines.

·Contribute to the completion of Generic Control Plan (GCP) and other Risk framework and ensure that Group requirements are met.

·Support Global OPC team in implementing the Generic control plans (GCP) to the operational and functional teams.

·Liaise with the operational and functional units in case of any information or documentation deficiencies to meet local requirements.

·Closely monitor on the implementation of recommendations issued by internal (LOD1, LOD2 and IG) and external audit, regulatory bodies, etc. Share the recommendations status report to internal, regional and global stakeholders.

·Ensure that the procedures are reviewed in regular interval by the Business units and Operation Risk Team and ensure that procedure covers the entire process and it is within the operational framework.

·Involved during the migration of new activity/process along with Project management team and review the documents such as SOP's, existing RCSA, and Historical incidents in order to have the appropriate control framework.

·Diligently follow the proper escalation channels where required.

·Ensure that RCSA methodology is diligently followed and assessment is carried out as per the Group guidelines within stipulated time frame including LOD2 review & BU Head sign-off.

·RCSA to be completed within 3 months for all new activities/migration.

·All existing processes to be exhaustively covered during RCSA exercise. Any changes in operating model to be updated in RCSA document on ongoing basis (not later than 1 month)

·Define action plan for open risks identified during RCSA exercise and ensure action plans are implemented within the agreed timeframe.

·Ensure all the signed RCSA master copy is documented and archived in shared drive for easy reference and retrieval.

·Ensures that all qualified incidents are adequately translated to operational historical incidents, and registered within Risk 360 and escalate via proper channels where necessary.

·Prepare and send the HI head's up (within 10 business days) to the local, regional and global stakeholders.

·Incidents reported by BUs are to be completed with basic details within 30 days & closed within 60 days.

·Ensure that PMs are defined efficiently to mitigate associated risks.

·Ensure no non-compliant/ significant partially complaint incidents are reported during quality reviews with Risk ORM.

·Ensure all the required controls identified are updated in SOPs

·Ensure write-ups of various sections in BIRDIE/RISK360 are clearly articulated.

·Ensure the action plans are recorded in AURORA for significant incidents and communicated to senior management within 48 hours

·Create awareness on the risk policies and procedures to the relevant stakeholders.

o Circulation of all policies and procedures to BU Heads and Managers.

o Ensure any updates to the policies and procedures are completed within 30 days.

o Class room trainings to be conducted for the BIRDIE users / Managers atleast once in a year.

o Gap analysis of the policies and procedures to be completed with business within 3 months

·Continuous training / re-iteration of the policy requirements on the gaps identified in the understanding of the risk related requirements.

·New Joiners induction training to be conducted on Operational risk topics when required.

·Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.

·Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines.

·Proficient in Microsoft Office Applications and strong MS-Word & Excel skills required.

·Identify Operational Risk Areas within the entity's processes or activities.

·Ability to take a global approach and good sense of risk

·Interpersonal skills and ability to negotiate

·Ability to analyses and be critical in decision making

Are you looking to take your Fund Administration experience to a broader level? Through this role within the Fund Administration product management team, you will contribute to driving our business objectives including the strategic development of our service offering, working on client, industry and regulatory changes, supporting new business opportunities and developing your skills as a subject matter expert.

Job Summary

As a Fund Administration Product Manager within our specialized team, you will play a crucial role in maintaining and enhancing our product portfolio. Your responsibilities will include developing innovative products, collaborating with Operations, Product Development, Client Service, and other partners to provide a top-tier client experience. Additionally, you will work closely with our Sales partners to identify and capitalize on new business opportunities.

Job Responsibilities

Required qualifications, capabilities, and skills

Preferred qualifications, capabilities, and skills

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

HSBC is one of the largest banking and financial services organizations in the world, with operations in 62 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 realize their ambitions.

We are currently seeking an experienced professional to join our team in the role of Markets & Securities Services, Strategic Business Development (Senior Associate)

Principal responsibilities

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.”