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Assistant Vice President, Investment Services - HSBC Life
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Full-time
bachelor degree
Professional development, Flexible working, Inclusive environment
Posted 5d ago
Apply by Sep 4
~40 hrs/week
Responsibilities
The Assistant Vice President will execute the full lifecycle of ILP transactions, including trade settlements, NAV valuations, and reconciliations. They will also manage stakeholder relationships and ensure compliance with investment mandates and internal controls.
Requirements
Candidates must have strong experience in investment operations and accounting, preferably within the insurance sector. A university degree is required, and knowledge of local regulations like MAS Notice 307 is essential.
Full 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. 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 Life is a world-class institution where you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank. Here you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank.
Insurance is about people, and the promises they make. At HSBC Life in Singapore we help deliver on these promises by providing a wide variety of life insurance products and services to our clients throughout the Asia-Pacific region. Our employees enjoy a dynamic and innovative workplace and a world of opportunities to develop their careers in a high-profile growing business segment. We empower our combined team of high-performing individuals to build skills and explore new experiences to realise the full potential of being part of HSBC.
Together we will pursue efficient ways of working. We will harness the latest data and technology solutions to achieve meaningful outcomes for our clients. And the protection we offer will create broad and lasting impact, helping clients to be healthier, more productive and more confident in their futures.
We are currently seeking a high calibre professional to join our team as an Assistant Vice President, Investment Services.
In this role you will:
Execute full lifecycle of ILP transactions but not limited to trade order placements, settlements, NAV valuations and reconciliations
Ensure compliance with the investment mandate and other regulations, and the adoption and implementation of internal controls that are in line with HSBC standards
Review and enhance workflow processes undertaken in Investment Services to improve efficiency and mitigate risks of errors
Prepare and review portfolio account opening, fund manager transition and new fund manager onboarding
Support ILP funds' creation or closure, funds' switch, business as-usual initiatives, UAT and senior stakeholders' requests
Maintain and develop strong relationships with key stakeholders including the CIO, Investment team, product fund team, external fund managers, and other affiliated companies such as HSBC Securities Services and HSBC Asset Management
Front and liaise with auditors on Investment Services related and reporting matters and ensure timely response and closure
To be successful you will need:
Strong experience in investment operations and accounting functions, preferably within the insurance industry
Educational qualification: University graduate. Additional professional qualifications such as Chartered Financial Analyst will be viewed favorably
Strong knowledge in local regulations such as MAS Notice 307 and Securities and Futures Act
Strong understanding of investment instruments such as equities, fixed income, alternative investments and derivatives
Strong Microsoft Excel skills
Strong verbal and written communication skills
You’ll achieve more at HSBC.
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.
Candidates with less relevant experience or skills may be offered a lower Global Career Band than stated above.
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 58 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, and Bermuda stock exchanges.
To view our social media terms and conditions please visit the following webpage: http://www.hsbc.com/social-TandCs
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