Asset Servicing and Tax Support Processor

Some careers shine brighter than others.

If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. 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.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 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 realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Asset Servicing and Tax Support Processor.

In this role, you will:

Asset Servicing team is part of the Markets and Securities Services Operations functions. AS team processes all voluntary and mandatory corporate action (including Income processing) across various UK, Europe, and MENA jurisdiction.

The department is also responsible for data validation for Equity and UK income collectives and capital mandatory corporate action.

Role will be of individual contributor nature and will not have team reporting to the role.

Incumbent would be involved in ensuring timely and accurate processing events (Income/ Capital Corporate Actions) along with delivery of requisite packs which eventually assists in Stock and Cash reconciliations and subsequent NAV calculations for the funds serviced by the Asset Servicing.

Produce accurate process deliverable packs within set deadlines for review. Responsible for inputting into and maintaining accurate fund accounting records (wherever applicable)

Responsible to independently undertake timely follow up on the open & outstanding issues that hinder the valuation.

The jobholder will also continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.

To be successful, you will:

Bachelor’s degree in accounting or other qualifications relevant to the accounting/finance industry.

0-2 years of relevant/accounting work experience. Good knowledge of Capital Markets and Financial instruments. Basic knowledge in accounting principles and fundamentals of accounting.

Proficiency in one or more accounting platforms – TLM, ICON, GCS, XCEPTOR, XSP

Proficiency in Excel essential.

Will be expected to maintain HSBC internal control standards, including the timely implementation of internal and external audit points, together with any issues raised by external regulators.

Basic knowledge in investment accounting, investment valuations, mutual funds. Knowledge of the various types of Corporate Actions and dividends and their impact.

0-2 years of work experience in Corporate Actions/Asset Servicing. Working knowledge of Bloomberg/ Request builder/ Telukurs/ ICE

You’ll achieve more when you join HSBC.

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Issued By HSBC Electronic Data Processing (India) Private LTD