Summary
Overview
Work History
Education
Skills
EXTRACURRICULAR ACTIVITIES
Timeline
PERSONAL DOSSIER
Generic
Nida Rashid

Nida Rashid

Manager - Compliance Governance And Reporting, HSBC
Bangalore

Summary

Dynamic banking professional with over 9+ years of experience at HSBC, dedicated to advancing expertise in the banking and financial services sector. Proven ability to support core functions while driving operational excellence and enhancing customer satisfaction. Passionate about contributing to team success and delivering impactful results in a fast-paced environment.

Overview

10
10
years of professional experience

Work History

Manager - Compliance Governance & Reporting

HSBC Electronic Data Processing Pvt Ltd (GSC Bangalore)
04.2024 - Current

The management of Regulatory Compliance and Financial Crime is an integral part of the Compliance function for HSBC. The function supports the Risk Owners in managing and identifying risk, which includes providing guidance and challenge to Risk Owners. Compliance continually reassesses the Regulatory Compliance and Financial Crime and Fraud risks inherent in HSBC, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.

Role & Responsibilities:

  • Provide governance and secretariat support for senior management risk forums, including preparation of high-quality meeting packs, MI, risk papers and accurate minute-taking.
  • Maintain and enhance Risk Maps and Risk Evidence Statements to ensure adherence to risk management standards.
  • Support Risk Management Framework initiatives and contribute to the effective management of material operational risks.
  • Support teams in trigger event management, including material trigger events review.
  • Build strong stakeholder relationships across first and second lines of defence to support effective risk oversight.

Notable achievements:

  • Proactively participated in the RSS-STA program, supporting Group RC Oversight activities, enhancing cross-team collaboration and risk transparency.
  • Successfully developed and implemented a structured template to capture and record PQM (Performance Quality Measurement) MI, enabling improved data accuracy, trend analysis and statistical oversight.
  • Introduced SIPOC methodology to the onshore team and independently drafted the SIPOC for HSBC UK Risk Map, strengthening process clarity.

Manager Operations (Process - Transfer Agency)

HSBC Electronic Data Processing Pvt. Ltd (HSBC Global Banking & Markets, GSC Kolkata)
04.2022 - 03.2024

The Transfer Agency team operating out of Kolkata is responsible for processing of financial transactions and static data creation/maintenance, trade processing, trade settlements, payments, fund pricing, corporate actions, unit & cash reconciliations for Traditional & Alternate funds.

Role & Responsibilities: Manages the Asia Cash & Settlements team of the Transfer Agency Department. Team is responsible for trade and cash matching, subscriptions and redemptions settlement, payments, reversals, kickbacks, etc for Asia jurisdiction traditional funds. The objectives and role responsibilities also include:

  • Ensuring Service Delivery is maintained as per the agreed PLAs & SLAs. To have a clearly defined Internal SLA with the upstream/downstream teams and achieve 100% PLA adherence barring the uncontrollable issues.
  • Performing diligent review of all processing activities, by following the agreed controls of the process, to ensure absolute accuracy is maintained and no breaches of any manner takes place. Utmost importance given to data protection.
  • Timely submission of deliverable including MIs viz. monthly KPIs, FTE Analysis file, Demand Supply file.
  • Review of Manual Process register and identify large FTE concentrated activities and agree on strategic solutions.
  • Demonstrate completion of review and identify processes and outputs prone to Data leakage incidents and seek/propose for strategic solutions.
  • Ensure satisfactory audit results from external, first to third line and no adverse feedback on Management awareness.
  • For Self and team- Demonstrate Cross Training initiative across other locations and perform functionally across locations when opportunity presents or due for functional utilisation. Increase number of cross trained resources within functions.
  • Collaborating with Custody and Accounting and Valuation Teams.

Notable achievements:

  • Lead the location-strategy migration project in 2022 and successfully onboarded the work via online training sessions.
  • Was the department spoc for external audit. Accumulated samples from various teams, arranged walkthroughs, collaborated with external auditors, and successfully completed the audit cycle of the given term.
  • Lead and successfully completed a number of transitions from old applications to new applications.

Subject Matter Expert (Process - Transfer Agency)

HSBC Electronic Data Processing Pvt. Ltd (HSBC Global Banking & Markets, GSC Kolkata)
11.2019 - 03.2022
  • Ensuring timely and accurate settlement of trades for various AMC’s (Asset Management Companies).
  • Following up with onshore teams and working towards resolving of all outstanding issues and queries of the Clients.
  • Assisting other team members in situations of crunch. Proactively initiating cross-training to the new members of the team.
  • Performing diligent review of all processing activities, by following the agreed controls of the process, to ensure timely completion of activities and maintain accuracy.
  • Imparting continuous guidance to new team members to ensure work is done with highest quality. Providing feedback to Line Managers on the performance and progress of the new team members.
  • Actively assisting manager with administrative work, providing audit samples, presentations, and working hand in hand with the manager with respect to execute and support change management initiatives.

Notable achievements:

  • Rated as top performer in the year end rating for three consecutive years (2019, 2020, 2021)
  • Exceptionally supported the team during the covid times. Managed work along with helping numerous staff to set up their workstations at home. Was highly appreciated and acknowledged by senior management for the resilience shown.
  • Was actively involved in the OpOp (Operational Optimisation) workshop organised for by the company. Assisted line manager to drive the changes, ensure targets are met without OT and make sure team’s Work Rate and Production Availability has always been around 100%.
  • Won star performer of the quarter award in 2020 and won about 5-6 times Transfer Agency Department spot awards.

Fund Administrator (Process - Transfer Agency)

HSBC Electronic Data Processing Pvt. Ltd (HSBC Global Banking & Markets, GSC Kolkata)
08.2016 - 10.2019
  • Ensuring timely and accurate Cash & Unit reconciliations for Top tier clients. Completing daily, weekly, monthly reports accurately and on time.
  • Following up with onshore teams and working towards resolving of all outstanding issues and queries of the Clients.
  • Timely updating of SOPs.
  • Timely maintenance of CQI and report trackers.

Notable achievements:

  • Won the Start Performer of the Quarter award in 2019, and won about 5-6 times Transfer Agency Department spot awards. The team won the GBM award for the 'Star Team of the Quarter,' where I was recognized as a core contributor to the team’s success. Also won the 'client centricity' award.
  • Supported Colombo team (BCP site) in April, 2019 during National Emergency. Worked on critical clients within a very short period of training and supported them until the situation became stable in their country.

Education

Masters in Commerce - Finance

University of Calcutta
Kolkata

Skills

Risk Reporting

Recording, Drafting

Presentation Skills

Feedback Management

Cash Settlement Operations

Data Processing

EXTRACURRICULAR ACTIVITIES

Regular exercise / active lifestyle

Timeline

Manager - Compliance Governance & Reporting

HSBC Electronic Data Processing Pvt Ltd (GSC Bangalore)
04.2024 - Current

Manager Operations (Process - Transfer Agency)

HSBC Electronic Data Processing Pvt. Ltd (HSBC Global Banking & Markets, GSC Kolkata)
04.2022 - 03.2024

Subject Matter Expert (Process - Transfer Agency)

HSBC Electronic Data Processing Pvt. Ltd (HSBC Global Banking & Markets, GSC Kolkata)
11.2019 - 03.2022

Fund Administrator (Process - Transfer Agency)

HSBC Electronic Data Processing Pvt. Ltd (HSBC Global Banking & Markets, GSC Kolkata)
08.2016 - 10.2019

Masters in Commerce - Finance

University of Calcutta

PERSONAL DOSSIER

  • Date of Birth : 20th February 1995
  • Nationality: Indian

Similar Profiles

  • Neeraj GargNeeraj Garg

    <ul><li>Company Overview: Group Company of PUIG, Spain</li><li>Team Leadership & Process Excellence: Organised the transformation of the Finance & Accounts function, establishing performance-driven goals, and embedding a culture of accountability and continuous improvement. Drove operational efficiency through process redesigns, SOP implementation and optimal resource deployment, leading to measurable improvements in turnaround time and accuracy.</li><li>Strategic Partnering with CXOs: Acted as a key advisor to the CEO, CFO, and other CXOs on business planning, pricing strategies, and business model pivots to support scale-up and profitability. Contributed to investor communications with data-backed insights to enhance stakeholder confidence and secure strategic funding.</li><li>Cross-Functional & Global Stakeholder Management: Functioned as the strategic finance business partner to cross-functional heads and the PUIG global finance team, aligning local execution with global financial strategies and compliance requirements.</li><li>ERP Transformation & System Automation: Led end-to-end ERP reimplementation to address system gaps, enforce role-based controls, and automate core finance processes—resulting in enhanced data accuracy, faster reporting and improved internal controls.</li><li>Costing, Inventory & Profitability Optimization: Designed and implemented plant-level costing models to ensure accurate COGS determination. Improved inventory management across pricing, consumption tracking, and aging analysis—enabling better working capital control and cost efficiency.</li><li>Manufacturing Finance & Statutory Compliance: Supervised end-to-end accounting for manufacturing operations and ensured full statutory compliance.</li><li>Financial Reporting, MIS & Profitability Analytics: Delivered accurate and timely monthly MIS reports, including P&L, Balance Sheet and KPI dashboards with deep-dive variance analysis across stores, business verticals, and geographies. Supported board-level decision-making through insightful presentations on financial health and business performance.</li><li>Budgeting, Forecasting & Business Planning: Led the Annual Operating Plan (AOP) and rolling forecasts, ensuring alignment with strategic objectives and market dynamics. Monitored key financial metrics to enable business decisions and proactive cost management.</li><li>Statutory, Internal & Tax Audit Management: Finalized standalone and consolidated financials under Ind AS and IFRS, ensured timely group reporting and compliance with international standards. Delivered clean and timely closures of statutory, tax, and internal audits in coordination with Big 4 auditors. Strengthened audit readiness through pre-audit diagnostics and rectification of recurring control gaps.</li><li>Regulatory Compliance & Risk Management: Ensured end-to-end compliance which includes ROC, RBI, FEMA, Income Tax, GST, Transfer Pricing, DTAA, and Customs. Reviewed cross-border contracts and transactions to ensure arm’s length pricing, accurate TDS application, and proper documentation under Transfer Pricing regulations.</li><li>Commercial Negotiation & Contract Governance: Led commercial negotiations and structured deals with vendors and franchisees. Reviewed key business contracts to ensure financial viability, risk protection, and compliance with regulatory standards.</li><li>Treasury & External Commercial Borrowing (ECB): Managed fund planning and liquidity management including ECB drawdowns, bank negotiations, and interest optimization. Improved working capital cycles through proactive cash flow forecasting and receivables control.</li><li>Internal Controls & Governance Framework: Led organization-wide reviews of internal control systems, identified process gaps, and redesigned or implemented over 40 SOPs and IFCs. Established a governance structure for financial discipline, risk mitigation, and policy compliance across departments.</li></ul> at Kama Ayurveda Pvt. Ltd. & PUIG India Pvt. Ltd.<ul><li>Company Overview: Group Company of PUIG, Spain</li><li>Team Leadership & Process Excellence: Organised the transformation of the Finance & Accounts function, establishing performance-driven goals, and embedding a culture of accountability and continuous improvement. Drove operational efficiency through process redesigns, SOP implementation and optimal resource deployment, leading to measurable improvements in turnaround time and accuracy.</li><li>Strategic Partnering with CXOs: Acted as a key advisor to the CEO, CFO, and other CXOs on business planning, pricing strategies, and business model pivots to support scale-up and profitability. Contributed to investor communications with data-backed insights to enhance stakeholder confidence and secure strategic funding.</li><li>Cross-Functional & Global Stakeholder Management: Functioned as the strategic finance business partner to cross-functional heads and the PUIG global finance team, aligning local execution with global financial strategies and compliance requirements.</li><li>ERP Transformation & System Automation: Led end-to-end ERP reimplementation to address system gaps, enforce role-based controls, and automate core finance processes—resulting in enhanced data accuracy, faster reporting and improved internal controls.</li><li>Costing, Inventory & Profitability Optimization: Designed and implemented plant-level costing models to ensure accurate COGS determination. Improved inventory management across pricing, consumption tracking, and aging analysis—enabling better working capital control and cost efficiency.</li><li>Manufacturing Finance & Statutory Compliance: Supervised end-to-end accounting for manufacturing operations and ensured full statutory compliance.</li><li>Financial Reporting, MIS & Profitability Analytics: Delivered accurate and timely monthly MIS reports, including P&L, Balance Sheet and KPI dashboards with deep-dive variance analysis across stores, business verticals, and geographies. Supported board-level decision-making through insightful presentations on financial health and business performance.</li><li>Budgeting, Forecasting & Business Planning: Led the Annual Operating Plan (AOP) and rolling forecasts, ensuring alignment with strategic objectives and market dynamics. Monitored key financial metrics to enable business decisions and proactive cost management.</li><li>Statutory, Internal & Tax Audit Management: Finalized standalone and consolidated financials under Ind AS and IFRS, ensured timely group reporting and compliance with international standards. Delivered clean and timely closures of statutory, tax, and internal audits in coordination with Big 4 auditors. Strengthened audit readiness through pre-audit diagnostics and rectification of recurring control gaps.</li><li>Regulatory Compliance & Risk Management: Ensured end-to-end compliance which includes ROC, RBI, FEMA, Income Tax, GST, Transfer Pricing, DTAA, and Customs. Reviewed cross-border contracts and transactions to ensure arm’s length pricing, accurate TDS application, and proper documentation under Transfer Pricing regulations.</li><li>Commercial Negotiation & Contract Governance: Led commercial negotiations and structured deals with vendors and franchisees. Reviewed key business contracts to ensure financial viability, risk protection, and compliance with regulatory standards.</li><li>Treasury & External Commercial Borrowing (ECB): Managed fund planning and liquidity management including ECB drawdowns, bank negotiations, and interest optimization. Improved working capital cycles through proactive cash flow forecasting and receivables control.</li><li>Internal Controls & Governance Framework: Led organization-wide reviews of internal control systems, identified process gaps, and redesigned or implemented over 40 SOPs and IFCs. Established a governance structure for financial discipline, risk mitigation, and policy compliance across departments.</li></ul> at Kama Ayurveda Pvt. Ltd. & PUIG India Pvt. Ltd.

  • Rob SmithRob Smith

    Compliance Reporting & Governance Manager at Santander UKCompliance Reporting & Governance Manager at Santander UK

  • Rajesh SheshagiriraoRajesh Sheshagirirao

    AVP - Compliance Governance & Reporting at HSBCAVP - Compliance Governance & Reporting at HSBC

  • Vineet KhannaVineet Khanna

    Sr. Manager (VP) Risk Reporting & Thematic Reviews at Fidelity InternationalSr. Manager (VP) Risk Reporting & Thematic Reviews at Fidelity International

CREATE PROFILE
Nida RashidManager - Compliance Governance And Reporting, HSBC