Chartered Accountant Interns – Industrial Training (Start ASAP)

About HSBC

HSBC is India’s leading financial services group, providing a full range of banking and financial services to its customers through 26 branches across 14 cities, as well as software development and global resourcing operations to its colleagues around the world. It is at the forefront of arranging deals for Indian companies expanding abroad and for international companies investing in India.

Your role

This role is part of the ALCM, IRRBB Reporting vertical. The key responsibilities for this role include:

• To produce the Interest Rate Risk reports for assigned geographies, which include the Economic Value of Equity (EVE) report and net Interest Income (NII) report. The process involves liaising with various onshore team members over email and phone. The role requires a good understanding of (1) financial products, (2) market product-specific knowledge, and (3) financial /management reporting.
• To set QRM with the relevant parameters in order to produce NII forecasts in several economic environments
• To provide regions/sites with the information required in stress tests
• Fill FDSF templates for actuals and forecasts
• Understand business requirements and interpret data to provide meaningful analysis to facilitate business decision-making
• Analyze business performance and provide commentaries
• Acquire knowledge in banking/financial services
• Identify opportunities for development and drive changes independently
• Co-ordinate, closely with in-country finance teams across the globe
• Performance Standards, as defined in SLA, met or exceeded
• Customer Feedback
• Timely and accurate calculation of ratios and reporting of MI.
• Quality of the commentary
• Training & development of a minimum of 10 days per annum
• Re-engineering opportunities identified and implemented
• Minimal errors Six Sigma approach
• Weekly and monthly meetings scheduled and conducted
• Feedback on service delivery received from Business Area

Training & development

The HSBC internship will give you first-hand experience of what it’s like to work for a global bank. You’ll have opportunities to meet with senior leaders to learn about different areas of your business line. The training and development you’ll receive are designed to ensure you are prepared to continue on to its graduate programs. 

Salary & benefits

The average HSBC CA Industrial Trainee salary in India is ₹2.5 - 4.5 Lakhs per year. It offers a market-competitive pay and benefits package which may include:

• Fixed pay
• Technical and business-aligned training
• Professional development
• Flexible working
• Buddy and Mentor
• Talent Marketplace
• Volunteering programme

Career progression

HSBC wants all its interns to thrive with them and be successful in their program. If you perform well and would like to pursue a career at HSBC, you will be considered for a position in one of the global graduate programs after your placement.

Work-life balance

HSBC believes it’s not just where you work, but how and when you do so that you’re enabled to be at your best and deliver exceptional outcomes for the customers. The culture promotes flexibility, collaboration, learning, and well-being in both physical and virtual workplaces.

Culture & vibe

HSBC's purpose is to open up a world of opportunity. That means celebrating the differences and building a culture where everyone feels included, valued, and respected. It believes everyone should have the freedom to be themselves at work and it encourages colleagues to be active allies and to speak up if they have concerns. They work with its global employee networks to create an environment where everyone feels included and supported.

About you

What you will need to succeed in the role:

• Pursuing CA Interns for Industrial training
• Deep understanding of Balance Sheet and P&L
• Strong analytical skills
• Good understanding of financial products and how they impact finance operations and more generally the banking business.
• Excellent working knowledge of MS-related products i.e. Excel, PowerPoint, and Access.

What additional skills will be good to have?

• Basic knowledge of SQL database (preferable).
• Knowledge of QRM is a significant plus
• Ability to communicate complex ideas in a simple manner to a global audience.
• Ability to develop effective working relationships with stakeholders of different seniority and geographical location.
• Excellent communication skills and presentation skills are mandatory, as are good tact and diplomacy, as the role requires relationship management with other individuals and teams within the HSBC Group.

How to apply

To apply for this role, click on the "Apply on employer site" button, which navigates to the career section where the application can be filled out and submitted directly.

Sources

The following sources were used in researching this page:

• Hsbc.com/careers
• Youtube.com
• Ambitionbox.com/salaries/hsbc-salaries/ca-industrial-trainee.