Job description

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

HSBC Global Banking and Markets is an emerging markets-led, financing-focused business that provides investment and financial solutions. Through our international network, we connect emerging and mature markets, covering key growth areas. We partner with our corporate, government and institutional clients to help them achieve consistent, long-term performance. Our products and services include advisory, financing, prime services, research and analysis, securities services, trading and sales and transaction banking.

Markets Operations is responsible for driving every part of the trade lifecycle post execution. Its global teams manage settlement activity, risk and control, while ensuring the delivery of regulatory compliance and seamless operational client service across 60 countries.

We are currently seeking an ambitious individual to join our team as a Senior Private Asset Specialist, working together with colleagues to define, manage and achieve divisional business targets.

Role Purpose

To provide technical accounting oversight to UK private asset book, involving real estate, private debt and private equity asset classes.  This will cover multiple fund ranges from ACS, PAIF’s, segregated mandates, insurance funds and SPV structures.

To ensure requirements covered and all technical accounting standard adhered to.

You will be proactive in managing change, and working on standalone basis to investigate complex accounting standard cross domiciles. A good client facing approach is essential.

Also you will be involved in designing appropriate ops model and robust process to embed within structures / books as onboard and play oversight role once in BAU.

In this role, you will:

• Provide expertise to accounting requirements across the asset class and fund jurisdictions.
• Ensure that any interpretation of requirements is understood and implemented robustly.
• Assist with new technology repercussions of integrating these asset classes within operational mode.
• Develop and maintain a good working relationship with client contacts and third parties such as audit firms and external technology providers.
• Continually re-assess the operational risks 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.
• Maintain an awareness of topical market issues, and in particular changes to pricing and accounting/tax requirements.

Requirements

To be successful in the role, you should meet the following requirements:

• Qualified Accountant.
• Supervisory experience in securities industry.
• Experience of dealing directly with external clients and third parties.
• Thorough knowledge of Investment Accounting and Fund Administration.
• Ability to build and maintain good working relationships with colleagues.
• Ability to communicate effectively in writing and verbally.

You’ll achieve more when you join HSBC. 

https://mycareer.hsbc.com/external

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by The Hongkong and Shanghai Banking Corporation Limited.

As a business operating in markets all around the world, we believe diversity brings benefits for our customers, our business and our people. This is why HSBC is committed to being an inclusive employer and encourages applications from all suitably qualified applicants irrespective of ethnicity, religion, age, physical or mental disability/long term health condition, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by local law in the jurisdictions in which we operate. Within the work place 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 in place processes in order to avoid nepotism, which means to avoid creating circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.