Investment Operations Assistant Manager - Alternatives London, England
Job description
Investment Operations Assistant Manager, Alternatives – HSBC Asset Management
Location: London
Some careers have more impact 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.
Wealth and Personal Banking is our global business combining Retail Banking and Wealth Management; and Global Private Banking, to become one of the world’s largest global wealth managers with USD1.4 trillion in assets. Our dedicated colleagues serve millions of customers worldwide across the entire spectrum of private wealth, ranging from personal banking for individuals and families, through to business owners, investors and ultra-high-net-worth individuals. We provide products and services such as bank accounts, credit cards, personal loans and mortgages, as well as asset management, insurance, wealth management and private banking, that best suit our customers’ needs.
As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.
We are currently seeking a part or newly qualified accountancy professional to join HSBC Alternatives as Investment Operations Assistant Manager. HSBC Alternatives is the alternative investment arm of HSBC Asset Management, investing globally in a wide spectrum of alternatives asset classes which include private market funds, hedge funds, real estate, infrastructure, private debts and venture capital, and has AUM of $58 billion. The Alternative Investments Operations Team is responsible for the global investment operations function comprises transaction and fund services, portfolio operations, product controllership for all alternative investments products of HSBC Alternatives. The Team operates from centres of excellence in London, Bangalore and Singapore.
The Investment Operations Assistant Manager will support the Operations Manager. You will manage the operations of private assets products with a particular focus on private debts and venture capital.
In this role, you will:
- Assist in the management of fund operations and investment operations of alternative products, in particular, private debt funds/products
- Review valuation and NAV calculation in the quarterly reporting
- Instrumental in cash flows management, calls and distributions at both funds/mandates and investment level
- Review and control of portfolio data in the system
- Co-ordinate and participate in ad-hoc business transformation and system improvement projects
- Assist Operations Manager in managing tax due diligence
- Provide transaction services to investment team including monitoring investment restriction and guidelines, compliance requirements, deal execution and investment on-boarding and off-boarding
- Assist Legal and Compliance teams with regulatory requirements
- Prepare financial analysis and forecasting of funds/mandates
- Assist in suppliers on-boarding and service migration
- Manage fee invoicing and business P&L
To be successful in the role, you should meet the following requirements:
- Degree qualification, preferably in accounting and finance, or a part-qualified/newly qualified member of ACA/ACCA/CAIA/CTA would be highly desirable
- Must show ability to communicate clearly on various technical issues and to maintain a high level of professionalism when dealing with clients, investors and colleagues.
- Must possess effective multi-tasking, project management, organisational and interpersonal skills with proven ability to work to deadlines in an efficient and accurate manner.
- Commercially focused
This is a Hybrid working role with the base location as London. The successful candidate will have to have the ability to commute to this location.
You’ll achieve more when you join HSBC.
At HSBC we look to enable our employees to better balance their work / life priorities and have the flexibility required to meet challenging needs as they progress through different life stages. Where possible we will consider the following flexible working options: part-time working, job sharing, term-time working, and working from home and staggered hours. If in considering a role with HSBC you have a need for some flexibility in your working arrangements please discuss this with the recruitment team in the early stages of the application process.
HSBC is committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We are proud members of the Disability Confident Scheme, and will offer an interview to disabled candidates who meet the minimum criteria for the role. If you would like to receive any information in a different way or would like us to do anything differently to help you apply for our roles, please contact our Recruitment Helpdesk:
Email: [email protected]
Telephone: +44 2078328500
Within the workplace you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions. HSBC has processes in place to avoid nepotism. This means we will avoid circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.
