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Pinnacle is a section on SMART MOVES in Banking Frontiers. Please contact Saaniya Naik on 77380 88612 ([email protected]) or Wilhelm Singh on 77383 87634 ([email protected]) or phone us on +91-22-29250166 or fax: +91-22-29207563. To apply, please email in your resumes to [email protected]

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Position: Senior Vice President – Audit: 00006NMQ

Place of posting: Mumbai Educational Qualification:

  • A University degree or equivalent qualification.
  • A strong experience in IT Auditing, IT security, software development, business analyst, quality assurance, internal control/ operational risk or IT operations with a minimuqi 10 years’ experience, in at least one of these areas.
  • An in-depth understanding of the application systems architecture and strategic risks.
  • A broad understanding of the financial services industry and associated regulatory environment.
  • Strong technical aptitude, excellent control concept and ability to assess risks.
  • Good written and verbal communication skills, analytical, problem-solving and interpersonal skills.
  • Qualifications such as, CISA, CISSP, CISM, CGEIT, ITIL, ACA or PMP preferred.

Job Code: SVP/A/HSBC/011015 Job DescriptiomGlobal Internal Audit provides independent, objective assurance to management and the risk and audit committees as to whether the framework of risk management, control, and governance processes, as designed and represented by management, is adequate and functioning.

  • The Global IT audit team undertakes IT audits across the Group.
  • IT Audit is responsible for providing independent evaluation of internal controls for all IT operations, applications & projects.
  • This challenging position offers exposure to a wide spectrum of applications, technologies and business knowledge.
  • Provide consultancy services to IT and business management and other Internal Audit teams, covering IT strategy,
    architecture, security, risks and controls.

– Based on audit work, draft value-adding audit findings articulating key issues, risks, root causes and action plans.


Position: VP – Client Services, CNC: 00006L6F

Place of posting: Mumbai

Educational Qualification: Qualifications/


  • Postgraduate with 8 to 10 years of experience.
  • Should display HSBC Values of ‘Open’, ‘Dependable’, ‘Connected’ and act with courageous integrity at all times.

Job Code: VP/CS/HSBC/011015

Job Description: Principal Responsibilities

  • To manage client satisfaction and ensure that clients ongoing and upcoming requirements are met
  • Identify and drive initiatives leading to enhancing client experience
  • Provide value-adds to clients on an ongoing basis
  • Ensuring controls & processes are compliant with FIM & local regulations
  • Ensure client SLAs are met
  • Target new business from existing clients through cross-sells, offering new products etc.,
  • Be abreast of constantly changing market regulations, products, competitors etc.,
  • Manage the team of client service managers and will still be required to ensure adequate motivation / job satisfaction levels within the Client Services Team.


Position: Vice President – Technology for BBPS

Place of posting: Mumbai

Educational Qualification: B.E./B. Tech./M.

Sc. 12 to 15 years preferably in Technology side of Payments / Banking / Financial service providers

Job Code: VP/BBPS/NP/011015

Experience: Switching, Web technologies, network, Project Management, IT design Lead the development and implementation of BBPS platform (design, testing, planning, and delivery of BBPS) in accordance with the mission and the goals of the SBU.

Responsible for BBPS platform, technology budget and staff, focused on meeting project commitments, including communications with sponsors, stakeholders etc.

Coordinate with technology team and utilise project management toolkits and methodologies used within NPCI-Tech Division.


Leases in BFSI moving up

The latest report from investment management firm Jones Lang LaSalle (JLL) India titled ‘Is Indian real estate heading towards a tectonic shift?’ Reveals that occupier profile has undergone a transition. Details of the report

22 Banking Frontiers October 2015

Some 10,738 new bank branches were opened during 2013-14, compared to 7757 branches in 2012-13 and there were 3,83,804 banking outlets in villages as of end-March 2014, compared to 2,68,454 outlets in villages as of end-March 2013, says the report ‘Is Indian real estate heading towards a tectinic shift” by Jones Lang LaSalle. It says the share of the BFSI sector in leasing volumes has been relatively stable through the last decade and in the past 2-3 years an increase in volume of leases in the sector has been noticed.

Says Ashutosh Limaye, head, Research and REIS, JLL India: “The number of leases in the BFSI sector has doubled from 7% in 2012 to about 14% in 2014. In 1H15, the contribution has been close to 15%. The total area leased by BFSI sector in 2014 was 4,273,873 sq ft. The total area leased by BFSI sector was 3,679,428 sq ft in 2013 and 1,992,112 sq ft in 2012 respectively. Within the BFSI sector, the total area leased by banks in particular was 1,544,367 sq ft in 2014, 2,174,297 sq ft in 2013 and 663,503 sq ft in 2012. The share of banks within BFSI office space occupancy was 36.1% in 2014, 59.1% in 2013 and 33.3% in 2012.”


The increase in volume of leases in the BFSI sector has become possible due to rising number of BFSI transactions. According to Limaye, the increase in transactions has been observed in cities such as Bangalore and National Capital Region, where office demand used to be IT/ IteS sector-dominated. Mumbai, being the financial capital, will continue to see increased leasing activity in BFSI, with a major contribution coming from its key commercial district of BKC. Also, tier 2 cities such as Hyderabad and Kolkata are witnessing a good number of transactions in this segment in recent times with the improvement in business environment here, especially in the former.

Sector wise Share of Leased Area,


The range of the sizes of such BFSI offices and total areas occupied in different cities differ from city to city. The average size of BFSI leases is in the range of 5000-15,000 sq ft in most of the tier 1 cities. Limaye says while a larger number of smaller transactions are seen in NCR, Bangalore has relatively bigger average sizes, in the range of 20,000-30,000 sq ft. The estimated ratio of buying

price outlook

Rental outlook looks bright for the BFSI spaces offered in key secondary business district markets such as Mumbai, NCR Hyderabad and Pune. Predicts Limaye: “Rents will remain unde: pressure in central business districts’ BFSI spaces for most Indian cities. However, the property prices will continue to grow in this segment because of constrained future supply in BFSI markets.’

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