Private Asset Specialist

Some careers shine brighter 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. HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions. Fund Services provides Investment Administration and Performance Consultancy services to Investment Managers and Pension Funds worldwide, including potential services to other parts of the HSBC Group. Fund Services intends to set new quality standards in a competitive environment, to help attract and retain a blue-chip client base. Our clients operate in a highly regulated environment and it is of paramount importance that all internal controls and standard procedures are complied with at all times. Failure to comply could lead to financial penalties and damage to the Bank’s reputation in the marketplace. We are currently seeking a professional to join our team in the role of: Private Asset Specialist The purpose of this role is to assist in providing technical accounting oversight to UK real estate book. This will cover multiple fund ranges from ACS, PAIF’s, segregated mandates, insurance funds and SPV structures. The job holder will support the qualified accountants in the team, be proactive in managing change, and work with the accountants to investigate complex accounting standards across domiciles. 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. In this role you will: Contribute to the design of the operating model whilst working with accountants to ensure that robust controls are embedded within structures / books. Provide expertise to accounting requirements across the asset class and fund jurisdictions and ensure that any interpretation of requirements is understood and implemented robustly. Develop and maintain a good working relationship with client contacts and third parties such as audit firms and external technology providers and assist with new technology repercussions of integrating these asset classes within operational mode. 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 requirement and keep up to date with trade journals and technical announcements and identify where changes to current practices may be required. To be successful in this role you should meet the following requirements: Part qualified Accountant with experience of dealing directly with external clients and third parties. Knowledge of Investment Accounting and Fund Administration and the ability to build and maintain good working relationships with colleagues. Ability to communicate effectively in writing and verbally and to plan and organise workload to meet deadlines, taking into account relative priorities. Strong business sense and awareness of the key issues/risks within the Fund Administration area. This role is based in EDINBURGH Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We take pride in being part of the Disability Confident Scheme. This helps make sure you can be interviewed fairly if you have a disability, long term health condition, or are neurodiverse. If you’d like to apply for one of our roles and need adjustments made, please get in touch with our Recruitment Helpdesk: Email: hsbc.recruitment@hsbc.com Telephone: +44 207 832 8500