Fiduciary Investment Advisor - Global Private Banking

Job description

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. 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.

HSBC Private Bank seeks to be the leading international private bank for business owners and their families. It provides clients with wealth, business and family succession solutions in the largest and fastest growing markets around the world. At HSBC Private Bank, we put our clients at the centre of everything we do. 

We are currently seeking a high calibre professional to join our team as a Fiduciary Investment Advisor.

Principal Responsibilities

• Ensure proper and smooth implementation of fiduciary investment procedure by providing individual consultation to staff, reviewing the investment objective settings, and liaising with investment advisors/managers on the process
• Meet with investment managers and/or trust beneficiaries and/or principals together with TRMs to review the investment portfolios on an ad hoc basis
• Provide input and commentary into investment reviews and summary reports for key clients, including additional research and attendance at governance meetings as necessary
• Manage TFS relationship with HSBC Private Banking Investment and Product teams, in particular those managing discretionary investment solutions
• Assist TRMs to seek out and assess investment program for the trust based on the risk profile
• Responsible for providing initial review on recommendations for investing in certain “high risk” investments
• Alerting / educating TRMs the potential risk of certain new investment products and providing updated information to TRMs in distressed market times (from GPB and external fund managers' outlook)
• Assist TRMs to handle Investment related complaint and devise appropriate action to tackle the issue
• Assist compliance to devise and implement monitoring procedure to ensure that trust accounts’ investment portfolios are in line with the investment objectives & guidelines
• Developing effective working relationship with all key stakeholders including trust managers, Wealth Planners, and support staff
• Responsible for conducting Trust Investment Review meeting with management to be held regularly
• Develop capabilities on Environmental, Social and Corporate governance (ESG) using HSBC University or formal qualifications. Work with relevant stakeholders to incorporate the ESG elements into the trust investment process
• Stay up to date on evolving regulations and policies affecting trust investments such as sanctions and restrictions imposed by regulatory authorities and help devise effective control framework and monitoring procedures to ensure that trustee is complying of the requirements
• Conduct investment related training and market insights to staff as necessary
• Global coordination of FIA activities and reporting across Singapore, Hong Kong, US and Jersey
• Monitor evolving regulations and policies, suggest in addition to devise effective control framework, to coordinate with project team to implement changes/controls holistically

Requirements

• University degree holder
• Ability to influence and drive change
• Strong interpersonal skills and has the ability to communicate and influence at all levels of the organization
• Understands how to navigate the matrix and drive integration opportunities