About this role
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 Life is a world-class institution where you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank. Here you can specialize in Insurance but enjoy the advantages that come with being part of a leading global international bank.
We are currently seeking a high calibre professional to join our team as a Senior Specialist, Finance Operations
In this role you will:
- Daily cash management : monitor bank balances across multiple bank accounts, prepare daily cash positions/forecasts, and act on surpluses/shortfalls.
- Execute liquidity movements : perform fund transfers between accounts/entities and ensure sufficient liquidity for policyholders, vendors, and business payments.
- Post accounting entries : record transfer-related journal entries accurately and on time in the accounting system.
- Deliver bank reconciliations : complete monthly bank recs, investigate/reconcile outstanding items, and ensure bank balances tie to the General Ledger (GL).
- Run interfund settlement : prepare the monthly interfund settlement schedule, investigate fund code imbalances, and post settlement journals promptly.
- Support regulatory compliance : ensure interfund balances are settled within MAS regulatory requirement and support compliance with MAS Notice 101.
- Manage banking operational matters : coordinate banking mandate updates and act as primary contact for bank/KYC requests.
- Provide audit & change support : support external audits (bank balances/interfund), maintain Nostro accounts, and perform ad-hoc system/report testing during changes.
To be successful you will need:
- Proven track record in a cash management / financial operations role, ideally within insurance.
- Strong understanding of core accounting concepts, including profit and loss (P&L), balances, and the chart of accounts (CoA).
- Strong ownership mindset and willingness to learn, with a focus on delivering outcomes.
- Strong analytical and technical capability, including the ability to explain movements and underlying drivers (not just report results).
- Knowledge of Microsoft application tools is required; Exposure to AI Agentic tools and end-to-end ERP system (e.g. Oracle or SAP) is an added advantage;
- Ability to work to fixed reporting deadlines with limited supervision and maintain clear documentation.
You’ll achieve more at HSBC.
HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
Candidates with less relevant experience or skills may be offered a lower Global Career Band than stated above.
Issued by HSBC Life (Singapore) Pte. Ltd.
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