Nabeela Shafiq

Nabeela Shafiq

Fund Accountant @ HSBC

About Nabeela Shafiq

Nabeela Shafiq is a Fund Accountant at HSBC in Edinburgh, where she has worked since 2015. She holds a Master of Science in Accounting and Finance and is a Qualified Member of ACCA, with expertise in managing complex fund structures.

Work at HSBC

Nabeela Shafiq has been employed at HSBC as a Fund Accountant since 2015, accumulating nine years of experience in this role. Based in Edinburgh, she is responsible for onboarding new funds to client portfolios, ensuring their seamless integration. Her work involves managing funds with multi-layered investment structures, particularly Fund of Funds. Additionally, she produces total expense ratio (TER) reports in compliance with the MiFID II regulatory reporting regime. Nabeela plays a crucial role in liaising with auditors and various stakeholders to facilitate a smooth year-end audit process.

Education and Expertise

Nabeela Shafiq holds a Master of Science (MSc) in Accounting & Finance from Heriot-Watt University, which she completed from 2008 to 2009. She is also a qualified member of the Association of Chartered Certified Accountants (ACCA), having studied Accounting and Finance. Her educational background has equipped her with the knowledge and skills necessary for her role in fund accounting, particularly in managing complex investment structures.

Background

Before joining HSBC, Nabeela Shafiq worked at Scottish Widows as an Administrator from 2010 to 2015. This five-year tenure provided her with foundational experience in the financial services sector. Her transition to HSBC marked a significant step in her career, allowing her to specialize in fund accounting and expand her expertise in managing investment portfolios.

Achievements

In her role at HSBC, Nabeela Shafiq has demonstrated proficiency in producing total expense ratio (TER) reports under the MiFID II regulatory framework. She has also been instrumental in onboarding new funds and ensuring effective communication with auditors and stakeholders during the year-end audit process. Her contributions have been vital in maintaining compliance and operational efficiency within the fund accounting domain.

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