Global Finance Operations Industrial Training Interns

About HSBC

HSBC is one of the world's largest banking groups by assets, HSBC Holdings owns subsidiaries throughout Europe, Hong Kong, and the rest of the Asia/Pacific region, the Middle East and Africa, and the Americas. HSBC deals in Commercial Banking, Wealth Banking, Global Banking, and Personal Banking.

Your role

About the Internship:

This role is part of the ALCM, IRRBB Reporting vertical.

The key responsibilities for this role include:

• To produce the Interest Rate Risk reports, which include the Economic Value of Equity (EVE) report and net Interest Income (NII) report.
• The process involves liaising with various in-country team members over email and phone.

The role requires a fair understanding of

• Financial products,
• Market product-specific knowledge and
• Financial /management reporting (with balance sheet focus)
• Basel III framework.

The role is also accountable for NII projections in a base or stressed environment, along with global stress-testing requirements for HSBC.

• The role is also accountable for implementing new reports as per the group framework and also for ensuring adherence of reports to the guidelines – internal & regulatory.
• Ensuring appropriate Reconciliation and validation controls are in place and applied to maintain consistency of accounting processes across the submissions.
• Aligns practices with existing other teams in ALCM to embed global processes and standard EUCs.
• Providing instructions and best practice guidance to regional and global business peers.
• Documenting a clear basis of preparation for each aspect of the consolidation process.
• The transition of processes/activities basis the Target Operating Model (TOM).

For the detailed job description, click on the "Apply on employer site" button.

Training, development & rotations

The company’s people transformation initiatives continue to be focused on developing and building a strong leadership team, significantly improving the capability to attract the right talent, inculcating a high-performance culture, creating opportunities for development and growth both personally and professionally, and providing access to continuous learning and strengthening the holistic rewards framework that acknowledges excellent performance.

Salary & benefits

The annual salary for this role can range from INR 3.0 Lakhs to INR 4.0 Lakhs. (Source: Ambtionbox)

Benefits they offer:

• Healthcare & Insurance
• Life Insurance
• Disability Insurance
• Dental Insurance
• Vision Insurance
• Performance Bonus
• Pension Plan
• Retirement Plan
• Stock Options & Equity
• Maternity and paternity Leave
• Employee Assistance Program

Work-life balance

HSBC keeps employees engaged and motivated to maintain productivity, but more importantly, to ensure their mental health and well-being. HSBC has various programs to drive meaningful collaborations, work-life balance, and a more profound sense of loyalty and camaraderie. Work days are usually from Monday to Friday. They have strict work timings.

Culture & vibe

HSBC since the beginning has emphasized having a diverse workforce in the house. Their philosophy of diversity and inclusion is reflected in the number of places they operate. HSBC not only hires people with diverse cultures but also does business that reflects its “broader world” philosophy. HSBC explicitly illustrates that diversity creates varied opportunities, eventually leading to growth and development. 

To be inclusive HSBC emphasizes some key zones such as fair and diverse recruitment programs, helping the under-represented faction to come to the forefront, and building and supporting an assorted society at the workplace.

About you

To apply for this role you must have skills and qualifications,

• 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.

Additional skills:

• Basic knowledge of SQL database (preferable).
• Knowledge of QRM is a significant plus
• Ability to communicate complex ideas simply 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, just click on the "Apply on employer site" button below, which navigates to the career page where the application can be submitted directly.