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CA Industrial Trainee

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HSBC

13d ago

  • Internship
    Full-time
    Off-cycle Internship
  • Accounting & Tax
    Banking & Finance
  • Mumbai

AI generated summary

  • You should be pursuing CA and possess a bachelor's degree to qualify for this position.
  • You will manage fund administration for clients, ensure accurate NAV calculations and reports, prepare financials, and uphold compliance and internal control standards while mitigating operational risks.

Requirements

  • Applicant should be pursing CA and should have bachelor’s degree

Responsibilities

  • The primary purpose of this job is managing the fund administration services for specific Mutual fund / Insurance / AIF & PMS client.
  • SME (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.
  • 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.
  • Preparation of Financials as per the timelines agreed with clients.
  • Maintain HSBC internal control standards, implement and observe Group Compliance Policy and maintain awareness of operational risk and minimize the likelihood of it occurring.
  • Maintain and ensure due observance of HSBC Internal Control Standards, including the timely implementation of recommendations made by internal / external auditors and external regulators.
  • Ensure awareness of compliance requirements and implementation of Group Compliance Policy.
  • Maintain awareness of operational risk including its identification, assessment, mitigation and control, loss identification and reporting.

FAQs

What is the primary purpose of the CA Industrial Trainee role at HSBC?

The primary purpose of this job is managing the fund administration services for specific Mutual fund / Insurance / AIF & PMS clients.

What qualifications are required for this position?

Applicants should be pursuing their CA and should have a bachelor's degree.

What are the principal accountabilities for this position?

The principal accountabilities include ensuring error-free calculation of Net Asset Value (NAV) and timely reporting to clients, preparing various client and regulatory reports, and maintaining HSBC internal control standards.

Is prior experience required for this role?

The job description does not specify prior experience, but it is preferred for applicants to be experienced professionals in the fund services area.

Will the CA Industrial Trainee have opportunities for professional development?

Yes, HSBC is committed to fostering continuous professional development and providing opportunities to grow within an inclusive and diverse environment.

What kind of reports will the CA Industrial Trainee be responsible for preparing?

The CA Industrial Trainee will be responsible for preparing various client and regulatory reports as per prescribed formats and timelines, as well as financials agreed upon with clients.

What is meant by SME in the job description?

SME stands for Subject Matter Expert, which refers to the role's responsibility to provide specialized knowledge in the respective area of operation within the Fund Services team.

How does HSBC ensure compliance in this role?

HSBC maintains internal control standards, implements Group Compliance Policy, and ensures awareness of operational risk, compliance requirements, and auditors' recommendations.

Is there a specific link to apply for this position?

Yes, there is a link to the Careers Site provided in the job description for interested candidates to apply.

What does HSBC value in its workplace culture?

HSBC values an inclusive and diverse environment where all employees are respected and their opinions count, fostering professional growth and a flexible working culture.

HSBC

Finance
Industry
10,001+
Employees
1880
Founded Year

Mission & Purpose

Opening up a world of opportunity for our customers, investors, ourselves and the planet. 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. HSBC is listed on the London, Hong Kong, New York, Paris and Bermuda stock exchanges.

Culture & Values

  • We value difference

    Seeking out different perspectives

  • We succeed together

    Collaborating across boundaries

  • We take responsibility

    Holding ourselves accountable and taking the long view

  • We get it done

    Moving at pace and making things happen