Logo of Huzzle

CA Industrial Trainee

image

HSBC

Sep 9, 2024

Applications are closed

  • Internship
    Full-time
    Placement Program
  • Accounting & Tax
    Banking & Finance
  • Chennai

Requirements

  • CA student registered with ICAI and having completed 18 months of Articleship training
  • Candidate to have the aptitude to learn various aspects of banking specifically financial analysis and credit underwriting
  • Candidate should possess good verbal and written communication skills
  • Graduate required and CA Intermediate.

Responsibilities

  • To prepare quality, creditworthy business proposals for submission to the appropriate approval authorities.
  • To co-ordinate with clients for financial information, security documentation, and for any other account operations related-issues.
  • To liaise with various internal departments (Risk, CDT OPS, PCM, TSC, etc) and ensure efficient servicing of corporate customers.
  • Ensure timely compliance with all FCC requirements for the portfolio.
  • Co-ordinate with Mid Office and Internal Teams for ensuring account opening and KYC remediations are completed on time.
  • Ensure implementation of all audit and regulatory recommendations and constant monitoring/ review of the assigned portfolio.
  • Recognize and escalate business and cross sell opportunities to the RMs.
  • Collation of various MIS as per requirement from time to time.

FAQs

What is the role of a CA Industrial Trainee at HSBC?

The CA Industrial Trainee will work with the Corporate Banking Team in Chennai, preparing creditworthy business proposals, coordinating with clients for financial information, liaising with internal departments, ensuring compliance with FCC requirements, and monitoring the assigned portfolio.

What qualifications are required for this position?

The candidate must be a CA student registered with ICAI and have completed 18 months of Articleship training. A graduate degree and CA Intermediate certification are also required.

What skills are beneficial for this CA Industrial Trainee role?

Candidates should possess strong verbal and written communication skills and have the aptitude to learn various aspects of banking, particularly financial analysis and credit underwriting.

Is there an opportunity for full-time employment after the internship?

While the internship provides valuable experience, full-time employment opportunities depend on performance during the internship and available positions within the company.

What kind of learning opportunities will be provided during the internship?

The internship will offer hands-on experience in financial analysis, credit underwriting, and exposure to various banking services, along with mentorship from experienced professionals.

Are there any specific compliance responsibilities associated with this role?

Yes, the CA Industrial Trainee is responsible for ensuring timely compliance with all FCC requirements and implementing audit and regulatory recommendations for the assigned portfolio.

Can the trainee work remotely or is the position office-based?

The position is primarily office-based, focusing on the Corporate Banking Team in Chennai, but any remote work arrangements would be determined by the company's policies.

Is previous experience in banking required for this internship?

Previous experience in banking is not required; however, an understanding of financial principles and a willingness to learn are essential.

How does HSBC support professional development for its employees?

HSBC is committed to continuous professional development, providing a workplace that fosters growth through training, mentorship, and opportunities within an inclusive and diverse environment.

Finance
Industry
10,001+
Employees
1880
Founded Year

Mission & Purpose

Opening up a world of opportunity for our customers, investors, ourselves and the planet. We're a financial services organisation that serves more than 40 million customers, ranging from individual savers and investors to some of the world’s biggest companies and governments. Our network covers 63 countries and territories, and we’re here to use our unique expertise, capabilities, breadth and perspectives to open up a world of opportunity for our customers. HSBC is listed on the London, Hong Kong, New York, Paris and Bermuda stock exchanges.

Culture & Values

  • We value difference

    Seeking out different perspectives

  • We succeed together

    Collaborating across boundaries

  • We take responsibility

    Holding ourselves accountable and taking the long view

  • We get it done

    Moving at pace and making things happen