Investment Restrictions Monitoring Supervisor

HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 64 countries and territories in our geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. HSBC is one of the world’s largest banking and financial services organisations. 

HSBC provides a comprehensive range of financial services through three global businesses: Retail Banking & Wealth Management; Commercial Banking; Global Banking and Markets; and Wealth & Personal Banking.

The HSBC Group in Luxembourg is a significant employer and operates several businesses including asset management, securities services, private banking and corporate banking.  

For our Depositary and Fiduciary Services department, we are currently looking to recruit an:

Investment Restrictions Monitoring Supervisor

Permanent contract

Role and Responsibilities:

You will be responsible for managing the compliance review of HSBC Group sponsored funds and third party clients’ funds regarding the funds’ investment guidelines, board of Directors internal policy decisions as well as local and foreign regulatory restrictions.

Your main responsibilities will include monitoring adherence to the funds industry regulatory framework, constitutional and contractual documents and perform oversight of automated and manual investment restriction compliance monitoring.

Additionally, you will participate in the interpretation of the investment restrictions and propose analysis of new laws and regulations applicable to Clients.

Experience and skills required:

• 2 to 3 years’ relevant experience in the investment funds industry with significant exposure to investment restriction compliance matters;
• University degree in Finance or equivalent;
• Experience from similar position or equivalent. Experience on an Investment Compliance Monitoring system (MIG 21/CRD) is definitely an advantage;
• Experience in monitoring adherence to the funds industry regulatory framework, constitutional and contractual documents, performing review and analysis of investment compliance breaches
• Excellent working knowledge of the securities and funds industry regulations with emphasis on the mutual fund industry offshore;
• Be familiar with the environment of a financial services company specialising in UCITS funds services, and the requirements of the fund compliance function;
• Ability to communicate effectively, both written and verbal;
• Ability to plan and organise workload in order to meet deadlines, taking into account relative priorities;
• Excellent PC skills;
• Fluent English essential, knowledge of French or other European languages would be a definite advantage.

If you’re looking for a career where you will be respected as an individual and valued for the contributions you make, please send your application letter and curriculum vitae (in English) and discover how diversity drives our success. 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.

We want everyone to be able to fulfil their potential which is why we provide a range of flexible working arrangements and family friendly policies.

Please note that due to the volume of applications received, we will acknowledge your application only if we wish to proceed to interview. If you have not received a response within 4 weeks your application has not been successful.

Please also note that every selected candidate will have to provide us with a valid criminal record check in due time.