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indeed

Associate Vice President Operations

HSBC
Maharashtra, IND
Full-time
Senior
Onsite
Discovered 1 months ago
Fund administrationNet Asset Value calculationFinancial accountingSEBI mutual fund regulationsClient and regulatory reportingStatutory, SEBI, and internal audits

Full Job Posting

Role overview

Join the Fund Administration team within HSBC Securities Services.

Manage fund administration services for assigned mutual fund, insurance, AIF, and PMS clients and serve as a subject matter expert for the operations area.

Support the line manager in implementing the unit’s long-term strategy, including system changes and compliance with FIM and applicable local regulations.

Principal responsibilities

  • Ensure error-free NAV calculations and timely, accurate daily reporting to clients.
  • Prepare client and regulatory reports in required formats and timelines.
  • Handle statutory, SEBI, and internal audits for relevant clients.
  • Automate manual processes to improve productivity and contribute to cost-saving or revenue-enhancement initiatives.
  • Meet operational memoranda and client SLAs; assess new client requirements for feasibility.
  • Monitor competitor service propositions and best practices, and identify service improvements and client value-adds.
  • Follow process notes and daily checklists, use monitoring tools or triggers, and prevent process deviations that could negatively affect clients or HSBC.
  • Identify, assess, mitigate, and control operational risks, including gaps that could lead to fraud or lapses.
  • Implement Global Standards.

Qualifications and experience

  • Requires at least 5–6 years of work experience and sound knowledge of SEBI mutual fund regulations and financial accounting.
  • A Bachelor of Commerce degree specialized in accounting is preferred.
  • Capital market exposure and familiarity with AI-enabled tools are advantages.

Leadership scope

  • Exercise judgment and decision-making in planning, organizing, directing, and supervising work as applicable.
  • Represent the organization with internal and external stakeholders; allocate and prioritize work, provide direction and feedback, and manage team capacity and leave in line with policy.
  • Take accountability for delivery outcomes.

About HSBC Securities Services

Securities Services provides fund administration, global custody, sub-custody, and clearing services to institutional and other clients.

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