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1 HSBC Group Assistant Manager Operations Job
Assistant Manager Operations
2-3 years
Mumbai
1 vacancy
Assistant Manager Operations
HSBC Group
posted 2d ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
Job description
Some careers open more doors than others.
If you re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
We are currently seeking a person to join the Fund Administration team (FS) within Securities Services. 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 services. Management with a focus on customer-centric propositions and innovative and efficient distribution channels.
Job Introduction
- The primary purpose of this job is managing the fund administration services for specific Mutual fund / Insurance / AIF PMS client.
- Subject Matter Expert for the respective area of Operation.
- Assist the line manager in implementation of longer-term strategic vision for the operations unit. This includes testing and implementing system changes ensure compliance with FIM all relevant local regulations.
Principal Responsibilities
- Ensure error-free calculation of Net Asset Value (NAV) and timely / accurate reporting to clients on a daily basis.
- Preparation of various client and regulatory reports as per prescribed formats and timelines.
- Handling of various audits (Statutory Audit, SEBI Audit Internal Audit) for the Mutual Fund / Insurance / AIF clients.
- Process and Productivity Improvement - Contribute towards cost saving / revenue enhancement initiatives for the business by automating the manual processes thereby improving the productivity.
- Ensure Operational Memorandum Client SLAs are always met. Ensure that all new Client requirements are accepted if feasible.
- Tracks competitors with respect to service proposition, value-added services, best practices etc.
- Explores avenues for service improvements and provides value-adds to clients on an ongoing basis.
- Ensure error-free and efficient operations across all clients as well as adherence to defined process notes and diligently following the daily checklist put in place. To put in tools / triggers to monitor performance as per the defined process notes and checklist on an ongoing basis. No instance to be observed where any process deviation / exception has taken place that has resulted in negative impact for the client or HSBC.
- To manage operational risk, including its identification, assessment, mitigation and control assess operational gaps / inefficiencies which could lead to frauds and lapses
- Implement Global Standards
Requirements
Qualification:
Applicant should be a person having sound knowledge of SEBI Mutual fund regulations and financial accounting
preferably a Bachelor of commerce degree (Specialized in accounting).
An exposure to capital market would be an added advantage.
He should possess at-least 2-3 years of work experience.
Minimum Graduation or as required for the role, whichever is higher
Useful Link
Link to Careers Site: Click HERE
HSBC is 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.
Employment Type: Full Time, Permanent
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People are getting interviews at HSBC Group through
People are getting interviews through
(based on 313 HSBC Group interviews)
Job Portal
Referral
Campus Placement
Company Website
Walkin
Recruitment Consultant
27%
19%
15%
9%
4%
4%
22% candidates got the interview through other sources.
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Confidence
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High Confidence means the data is based on a large number of responses received from the candidates.
What Assistant Manager Operations at HSBC Group are saying
Rating based on 48 Assistant Manager Operations
reviews
Anonymous · Back Office
in Bengaluru
Likes
One of the best company to work with & it's policies helps to balance our family & work life. Staff friendly company & I am proud to be a part of this wonderdul company.
Dislikes
I wouldn't say dislike but may be a suggestion, I have heard from my colleagues that HSBC pay package is not very competitive, I am personally happy with the package.
Read 48 reviewsAssistant Manager Operations salary at HSBC Group
reported by
167
employees
with 2-12
years exp.
₹4
L/yr - ₹12.5
L/yr
22%
more
than the average Assistant Manager Operations Salary in India
View more details
What HSBC Group employees are saying about work life
based on 4.5k employees
Flexible timing
Monday to Friday
No travel
Day Shift
HSBC Group Benefits
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HSBC Group Mumbai Office Location
Mumbai Office
HSBC, 52/60, MG Road, Fort
Mumbai
Maharashtra 400001
Maharashtra 400001
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