Description
Newly Qualified Chartered Accountant (Operational Due Diligence Analyst) is required HSBC Alternative Investments Group.
The Operational Due Diligence Analyst will have responsibility for performing operational due diligence reviews of hedge fund managers, and possibly private equity and real estate managers.
Job Description
- Provide the research platform with full coverage of the operational aspects of hedge funds that are on the Managed Account and Advisory Fund List.
- Keep abreast of operational factors that may/will affect our investments at the fund level, service provider level, regulatory level and political level.
- Conduct on-site operational due diligence meetings of external asset managers as part of the ODD program. These meetings discuss all areas of operations to assess the strength of the organization and its ability to mitigate operational risk.
- Document due diligence meetings conducted in the specified report template and present findings to the regional research committee.
- Perform regulatory research and reviews for managers.
- Analyze underlying manager financial statements.
- Assist team members on special projects.
- Perform due diligence reviews on administrators that support underlying hedge fund managers.
- Meet with prime brokers and other industry participants.
- Coordination of meetings with hedge fund research team.
- Leverage off research team's knowledge
- Provide the research platform with full coverage of the operational aspects of hedge funds that are on the Managed Account and Advisory Fund List.
- Keep abreast of operational factors that may/will affect our investments at the fund level, service provider level, regulatory level and political level.
- Work with the hedge fund research team, and possibly the private equity team and real estate team with regard to funds/managers that need to be covered.
- Coordination of meetings with hedge fund research team.
- Leverage off research team's knowledge
- Due diligence reviews, drafting assessment reports of managers, and making presentations to the regional research committees.
Knowledge, experience & qualification
- Newly Qualified Chartered Accountant (ACA of equivalent)
- Working in Audit firm or Management Consultancy (preferably Big 4)
- Bachelor's degree required; other advanced degree or industry certifications a plus.
- Strong written and verbal communication skills.
- Strong audit and/or operations experience required.
- Works well in team environment.
- Good analytical skills.
- Strong organizational skills.
- Proficient with computers and Microsoft Office products.
Nice to haves
- Knowledge of operations and/or audit in the asset management business or hedge fund operations is required. Strong written and verbal communication skills are required.
- Knowledge of hedge funds and pooled investment products.
- Investment products (hedge funds, mutual funds, private equity or venture capital) or the operations and/or audit departments of an asset management firm or; operational due diligence preferred.
- Working knowledge of industry standards for the asset management industry, specifically hedge fund, including familiarity with policies, procedures and best practices .