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    Associate, Fund Manager Research - New York, United States - HSBC

    HSBC background
    Description

    Description
    Our purpose – Opening up a world of opportunity – explains why we exist.

    Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers.

    We're bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.

    As the Associate, Fund Manager Research will be responsible for operational due diligence reviews for hedge funds, private equity, and real estate funds.

    The role holder will co-ordinate and attend due diligence meetings across all strategies including equity long/short, statistical, systematic, convertible, merger arbitrage, trading, macro, credit, fixed income, mortgages, private credit, and UCITS and across private equity fund structures including co-investments and secondary funds, focused on the Americas market.

    The Associate – Fund Manager Research will attend the alternative investment committee and global research committee which is responsible for determining the alternative funds that are eligible for investment across HSBC.

    It is anticipated that the position will include about 20% travel.
    This role will directly report to the Global Head of Fund Manager Research.

    They will be responsible for being involved in team projects and extracurricular activities to enhance the team's footprint in the Americas.

    The role holder will need to communicate and establish good working relationships with senior members of the alternative asset management business, asset management business and the global private bank.

    The role holder will need to review documentation and conduct interviews on-site with hedge funds, private equity funds and real estate funds C-Suite to establish facts pertaining to business and operational risk and evaluate the overall quality of systems, controls, infrastructure, and personnel.


    Here's what you can expect:


    The Associate, Fund Manager Research will write and review detailed reports containing comprehensive information and analysis related to the business and operational environment at the hedge funds, private equity funds and real estate funds and ensure that there is ongoing monitoring completed on all investments for the platform (circa 500 investments).

    Associate – Fund Manager Research will be required to conduct ESG analysis and compile ESG scorecard and assessment reports for investments on the platform.

    The role holder will be included in the research for foreign markets to assess regulatory and tax issues involving trading/establishing a local presence in those markets.

    The role holder will be involved in special projects which include system implementations, enhancements of proprietary systems, financial crime and compliance frameworks for investments, and regulatory initiatives.

    The role holder will be required to participate in client meetings and pitches for prospective clients and present at oversight forums within the bank.

    Knowledge of operations in the asset management business or real estate and private equity operations is required. Strong written and verbal communication skills are required.
    For this role, HSBC targets a fixed pay range between $155,700 and $233,600.

    The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

    At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee's overall total compensation and benefits.

    Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a "bonus").

    Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.


    Qualifications

    In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US.

    Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.
    You'll likely have the following qualifications to succeed in this role:

    • Over 4 years working in operational due diligence or an audit firm auditing alternative investment product (hedge funds and/ or Private Equity funds) or the operations and/or audit departments of an asset management firm preferred.
    • Undergraduate bachelor's degree in accounting and finance and with a Chartered Accountant qualification, Certified Public Accountant ("CPA") license or Chartered Financial Analyst ("CFA") qualification.
    • Working knowledge of industry standards for the asset management industry, specifically hedge funds and private markets, including familiarity with policies, procedures and "best practices".
    • Knowledge of hedge funds and pooled investment products.
    • Knowledge and the ability to implement an ESG framework into the research process.
    • Strong written and verbal communication skills.
    • Strong operations experience required.
    • Works well in team environment.
    • Good analytical skills.
    • Strong organizational skills.
    • Proficient with Microsoft Office, Bloomberg, Allocator, and alternative investment databases.
    • Self-starter, able to demonstrate initiative, well-developed time management skills.

    As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow.

    We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming, diverse and inclusive work environment.

    You will be empowered to drive HSBC's engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives.

    You'll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC.

    We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future

    All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.


    Job Field: Asset and Wealth Management

    Primary Location: North America-United States-New York-New York


    Req ID: 0000K1R2

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