Private Asset Specialist

4 weeks ago


Edinburgh, United Kingdom HSBC Full time

Private Asset Specialist

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.

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, improved maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

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.

HSBC Market & Securities Services (MSS) provides comprehensive global, regional and domestic fund services including fund administration, global custody and sub-custody settlement and services and sits within HSBC’s Global Banking & Markets (GBM) business. Private Asset Operations (PA Ops) sits within fund administration and provides administration and accounting services to private debt, real estate, infrastructure equity and private equity funds and their associated entities.

We are currently seeking a professional to join our team in the role of: Private Asset Specialist

A high-Level overview of the role is: to provide technical accounting oversight to our UK private asset book, involving direct and indirect real estate and infrastructure equity asset classes This will cover multiple fund ranges from ACS, PAIF’s, segregated mandates, insurance funds and SPV structures. You will be proactive in managing change and working on a standalone basis to investigate accounting queries across domiciles and also be involved in assisting with designing appropriate operating models and robust processes to embed within structures. A good client facing approach is essential.

The role holder will also ensure the HSBC values are present in everything they do, both individually and as an organisation. This will be achieved by consistently displaying the behaviours of: Dependable and do the right thing, Open to different ideas and cultures, Connected to customers, communities, regulators and each other.

The role has a hybrid working pattern allowing for home based and office-based working at HSBC offices at Lochside Way, Edinburgh You should be able to work from Edinburgh on a weekly basis

In this role you will:

- Provide input to accounting requirements across the asset class, fund structure and fund jurisdictions.
- Assist with new technology repercussions of integrating these asset classes into the operating model.
- Develop and maintain a good working relationship with client contacts and third parties such as audit firms, external technology providers and other third-party service providers.
- Continually re-assess the operational risks, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.

Requirements

To be successful, you should meet the following requirement
- Experience in preparing financial reports
- Experience in preparing statutory financial statements, management accounts, regulatory and VAT/CIS reports (desirable)
- Knowledge of Commercial Real Estate/infrastructure equity experience would be a benefit
- Working knowledge of Yardi and/or Investran is a desirable skill
- Evidence of working directly with clients in on/offline situations
- Being a Part Qualified or QBE Accountant would be an additional advantage

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.



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