Accounting and Valuation Officer (GCB7) 106 views

Job Expired

In this role, you will:

Advise City Office team for booking to reflect cash movement in cash account comprising of justifying the reasonableness of cash receipt
Provide Kolkata Trade team daily trade file for booking to reflect securities trading executed by clients and filing clients’ trade instruction.
Perform expense and income accrual/ allocation including manually booking and liaising with Hong Kong team for updating income accrual parameter.

Perform checking on checkpoints on procedures including prices, cash balance, accruals amount, etc.
Liaising with clients, preparing system parameter and other inputs for valuation run and variance analysis

Check funds’ periodic reports required under regulation as per prescribed formats
Liaise with Direct Custody and Clearing (DCC) team in custody service related activities for FS clients including securities deposit/ withdrawal activities, recording of unlisted securities in GHSS. Send Corporate Action advice by email to FS client for assigned funds.
Perform fee collection including preparing debit notice, following up payment and processing on system
Liaise with Service Delivery (SD) team to execute client’s daily payment and standing instruction
Handle client’s queries related to accounting and valuation, liaise with other teams (SD, DCC, SB) to respond to clients’ queries of other matters, escalate complicated communication matters to Client Service Manager
Identify and report operational risk in day-to-day operation.
Other client supports or internal control related tasks assigned by Manager.

Maintain HSBC control standards and follow Group Compliance Policy to minimize operational risk by:

Remaining compliant with and ensures awareness of Audit and Group requirements and other internal guidelines.
Ensuring strict compliance with government banking regulations
Timely implementing internal and external audit points together with any issues raised by external regulators.