We are looking to hire a creative Assistant Manager Operations to join our productive team at HSBC in Mumbai.
Growing your career as a Full Time Assistant Manager Operations is an awesome opportunity to develop exceptional skills.
If you are strong in creativity, leadership and have the right experience for the job, then apply for the position of Assistant Manager Operations at HSBC today!

Job description

The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (COVID-19), we're leveraging our digital capabilities to ensure we can continue to recruit top talent at HSBC. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.
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.
Job Purpose
Operations function is a critical support activity for settlement of trades on time and reconciliation of Holding & Bank Accounts. This is a voluminous and high pressure function which needs knowledge of various security settlement modes, digitalization, new trends available in the Capital Market system. Recon experience, co-ordination with Sales RMs, ISCs, R&T;, Recon Agency, custodians, and knowledge on Mutual Fund regulations. Ensuring that appropriate Mutual Fund regulations and controls are adhered to and best practice standards are maintained across all activities within the sphere of control particularly in the protection of client monies. Taking ownership and motivates the team to perform to the core to get the best possible results.

Principle Accountabilities




The Operations personnel will be required for the following key activities

- Basic Domain Understanding on Financial Instruments & Markets and regulations impacting Financial Markets
- Strong numerical skills and analytical abilities
- High level of process orientation
- Eye for Detail
- Good Verbal & Written Communication Skills

Activities

- System updates Equity & Debt price update, AUM, Holding & Paid up capital update in dealing module
- Cash flow update with Redemption, Switch, Settlement, opening balance operating & custody accounts, corporate action etc.
- Equity Notional / FOF Notional Cash Flow to Fund Management team
- Equity trade settlement / corporate action booking / MF trade instruction preparation
- Debt trade reporting / settlement on Ftrac/ CBRICS/ BSE within 15 min & reporting on delays
- New master creation equity / Debt securities/ scheme in Dealing module
- Reporting to Custody / fund accounting team on various position & activates during day
- Daily Reporting to internal treasury team, other bank on bank activities
- Daily RBI holding recon / NDS om transaction & holding recon before EOD
- Weekly /Monthly operating & custody bank account, switch recon review
- NAV upload on NEAPS portal, transaction upload on AMFI & MF website
- Daily FOF TER monitoring
- Daily Bank account entries on switch, settlement & Inter account transfer
- Ensuring final deployment amount communicating to Debt FM team before TREPS cutoff
- Post TREPS closure scheme level allocation
- CCIL Margin related requirement adherence on daily basis - Cash & security
- Cash activity / Final trade blotter to FA team for NAV calculation
- Daily EOD account balance checking operating & Custody accounts
- Various SEBI / AMFI / RBI monthly, quarterly, half yearly, annual reporting




- Scheme wise Fortnight debt portfolio / monthly debt & equity portfolio update on website
- Half yearly unaudited financials
- Adhoc SEBI reporting
- Quarterly Proxy report preparation
- Expenses processing, Custody & fund accounting invoice checking
- Weekly, Monthly factsheet checking
- Adhoc reporting requirement from client operation / FM / marketing teams
- Weekly / monthly group reporting / Regulatory reporting dashboard update on share point
- Monthly payments like AMC fees/ Investor education / CCIL charges /Gsec brokerage/ statutory payments etc. processing

Asset Class - Equity, Equity Derivatives, Fixed income, Fixed Income Derivatives, ETF, Index Funds, Mutual Funds, Overseas Mutual Funds

Requirements

Qualification and Experience

- Chartered Accountant / Graduate with good knowledge on accounting and basic understanding of Capital Markets

Functional and Behavioral Skills

- Basic Knowledge on various modes of collection / payment mode offered by Banks and new trend in payment mechanism
- Good Analytical skill and expert knowledge in Excel
- Good Communication and Team management skill
- Valuable at Time Management

Relevant and total years of experience :
CA Fresher or Graduate with minimum 1-2 years of Work experience, primarily in Mutual Fund operations / Insurance/ Alternatives/Hedge Fund / Audit firm
Useful Link
Link to Careers Site: Click
You'll achieve more when you joinHSBC.
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.
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Issued by HSBC Global Asset Management (India) Private Ltd

Benefits of working as a Assistant Manager Operations in Mumbai:

● Learning opportunities
● Advancement opportunities
● Attractive package

📌 Assistant Manager Operations - Urgent Role (Mumbai)
🏢 Recognized
📍 Mumbai