HSBC is hiring for the position of Recs Intern/ CA Intern in Mumbai/ Kolkata, India. Candidates with a Bachelor’s degree or CA are eligible to apply for this position. The complete information, eligibility criteria, and requirements are provided below.
Job Description:
| Company Name | HSBC |
| Position | Recs Intern/ CA Intern |
| Qualifications | Bachelor’s Degree/ CA |
| Batch | 2019/ 2020/ 2021/ 2022/ 2023 |
| Experience | 0 – 2 (Years) |
| Location | Mumbai/ Kolkata/ Hybrid |
Key Responsibilities:
- Preparing of reconciliation packs for a variety of clients/funds (traditional & hedge funds) across different geographical locations.
- Perform the fund’s activities correctly as per the SOP.
- Adhere to defined process KPIs and PLAs.
- Should be accountable for all the reconciliation related activities falling with the scope of Markets & Securities Services Reconciliation team.
- Support department initiatives, regulatory, compliance and reduce risk.
- Be flexible to adopt in different working environments/ time zones with counter parts across the globe.
- On the regulatory & legislative front should be aware of FATCA / Dodd Frank / Volker / AIFMD / UCITS / DPA and comply with the same.
- Perform any additional responsibilities that may be required by the manager in support of specific projects, on-going management and development of the process.
Eligibility Criteria:
- 0-2 years of relevant/accounting work experience.
- Good knowledge of Capital Markets and Financial instruments.
- Basic knowledge of end to end product and process, multiple market and regulations.
- Good knowledge in accounting principles, fundamentals of Accounting.
- Proficiency in EXCEL essential.
- Ability to Speak and understand English.
- Good interpersonal and team work skills.
- Ability to re-prioritize workloads due to changing circumstances; meet strict deadlines.
- Excellent knowledge in reconciliations process with clear understanding of the E2E Fund Accounting Model.
- Must be aware of the operational risk scenarios associated with this role and act upon pertinent risk (if any).
Preferred skills:
- Knowledge of Derivatives Instruments.
- Expert in Accounting Knowledge.
- Earlier experience in custody / brokerage / funds services / depository industry.
- Detailed understanding of end to end product and process, multiple market and regulations pertaining to the fund services industry.
- Excellent customer service and communication skills.
- Working knowledge of Bloomberg / Reuters, other reconciliation and accountinng applications used across industry.
- Life cycle of NAV process.
- Additional qualifications related to financial industry will be given preference.
- Responsible for the implementation of Group Compliance Policy as is applicable to this role.
About Company:
We’re a financial services organisation that serves more than 40 million customers, ranging from individual savers and investors to some of the world’s biggest companies and governments. Our network covers 63 countries and territories, and we’re here to use our unique expertise, capabilities, breadth and perspectives to open up a world of opportunity for our customers.
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