Job Title: FA BCM PROJECT OFFICER & BUSINESS IMPLEMENTATION (IC ROLE)

Department: ASSET & FUND SERVICES

About Business line/Function: FA BUSINESS CHANGE MANAGEMENT

Responsibilities

Direct Responsibilities

• Coordinate with Client Relationship Manager / directly with clients to define needs. 
• Collect and analyze operating model change requests. 
• Review / complete project initiation documents to ensure the proper documentation of request.

Contributing Responsibilities

Technical & Behavioral Competencies

Specific Qualifications:

Fund Accounting, Basic Techno knowledge, VBA

Skills Referential (Required knowledge, skills and abilities)

Technical Skills:

• Ability to manage a project
• FA Product & Ability to understand, explain and support change
• Ability to manage / facilitate a meeting, seminar, committee, training… 
  • VBA

Behavioral Skills: 

• Ability to deliver / Results driven
• Creativity & Innovation / Problem solving
• Critical thinking
• Client focused

Education Level: Bachelor Degree or equivalent

Location: <Chennai>

About BNP Paribas Group:

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

Job Title: Associate – Fund Accounting

Department: ISO

About Business line/Function: Fund Accounting

Position Purpose: Fund Accounting operation / production 

Responsibilities: Daily Operations (Delivery of Daily Net Asset value of Mutual funds)

 

Direct Responsibilities

·         Associate will be responsible for preparation of task involved in NAV delivery and reconciliations

·         Acquire complete understanding of NAV Calculation & its related functions with various parties involved. For example: Custody, TA, Pricing, Corporate Actions, etc.

·         Become a SME (Subject Matter Expert) of the process by acquiring complete knowledge of NAV Calculation Processing across all funds & instrument types.

·         Ensure all reconciliation breaks in TA, Cash & Stock are validated and justified for each calculated NAV.

·         Ensure NAV calculations are produced in a timely manner as per SLA. Completeness of NAV packs include accurate report generation, timely delivery of reports, document and evidence controls. 

·         Adhere to Quality & Timeliness as per SLA. Ensure No Material or financial Impact.

·         Be proactive in resolving queries and escalate immediately to the supervisor on any issues/queries/escalations.

·         Participate in preparation / updation of Key/Standard Operating Procedures for each process and fund/ client specification

·         Carrying out other ad-hoc duties may arise from time to time, mainly at month ends & year ends.

 

Contributing Responsibilities

·         Monitor the respective group mailbox and respond quickly to the queries. 

·         Ensure ISAE 3402 checks are understood and followed. 100% compliance is must for all NAV packs.

·         Act as a back-up in the absence of other team members. Manage the leaves appropriately.

·         Ensure to minimize the unplanned leaves, especially during business-critical days, like month end, Yearend, rollover days and migration of new funds or BI events

·         Should come up with minimum one process improvement/automation initiative per year 

·         To share the process/product knowledge with fellow team members.

·         Ensure Participation in CSR & Other engagement initiatives

 

 

 

 

 

Technical & Behavioral Competencies

• Ability to communicate with others in a clear, articulate fashion.
• Good written and oral communication skills.
• Good listening and questioning ability.

–  Be able to express ideas effectively in individual and group situations

• Ability to plan work ahead and to prioritize workload.
• Ability to work in an organized manner.

–  Must have attention to detail.

• Generate creative solutions to problems.
• Always look for ways to improve services and processes.
• Be able to adapt to markets and client’s evolution.
• Be able to work in shifts as per business requirements
• Knowledge of systems – Multifonds, Hi-Portfolio, Bloomberg etc. and basic Microsoft Office functions is an advantage

–  Exposure to implementation of artificial intelligence tools to support high productivity

–  The candidate should uphold high level of compliance on conduct topics

 

 

 

Specific Qualifications:

Accounting/Commerce 

 

Skills Referential (Required knowledge, skills and abilities)

Technical Skills:

•  Ability to understand, explain and support change 
•  Ability to develop and adapt a process  
•  Ability to develop and leverage networks 
•  Analytical Ability 
• Know how to fund Accounting and NAV cycle

Behavioral Skills: 

•  Attention to detail / rigor  
•  Ability to collaborate / Teamwork 
• Communication Skills- Oral & Written      

 

Education Level:  Bachelor Degree or equivalent

Location: Mumbai/ Chennai

Experience Level: At least 3 years

 

 

 

 

 

 

About BNP Paribas Group:

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

Job Title: Assistant Manager (IC role) – Fund Accounting 

Department: ISO

About Business line/Function: Fund Accounting/Administration

Position Purpose: Fund Accounting operation / production

Responsibilities: Daily Operations (Delivery of Daily Net Asset value of Mutual funds)

 

Direct Responsibilities

• Role will require good understanding of NAV Life cycle and controls to ensure the fitment for Checker role along with preparer of funds.
• Need to be a SME (Subject Matter Expert) of the process with complete knowledge & understanding of NAV Calculation Processing & Review across variety of funds & instrument types.
• Ensure NAV calculations are produced in a timely manner as per SLA. Completeness of NAV packs includes accurate report generation, timely delivery of reports, scanning & archiving. 
• Ensure all reconciliation breaks in TA, Cash & Stock are validated and justified for each calculated NAV.
• Ensuring the KPI’s are always in Green.
• Preparation of Key/Standard Operating Procedures for each process.
• Consistently evaluate the documented procedures to ensure they are complete, accurate and up to date.
• Prioritize the work and conduct investigation with due diligence on all the discrepancies. 
• Carrying out other ad-hoc duties may arise from time to time, mainly at month ends & year ends.
• Ensure review of critical queries before sent. Where issues/errors arise ensure detailed analysis of issues and clear understanding is gained before responding to client, spoke or other parties.
• Ensure that the Reports are thoroughly reviewed and most updated information is provided.
• Updating required colleagues adequately on any changes/new events impacting BAU. You should be proactively escalating any relevant issues to AVP’s.
• Identifying the training requirements & ensure all the necessary training has been provided to the team members (maker level) to perform the relevant tasks.
• Participating in Daily Team huddles, Weekly Team meetings.
• Develop SMEs and ensure Back-up’s are created and in place during absenteeism.
• Adhere to Quality of 100% while producing & reviewing NAVs.
• Ensure there is NO Financial impact/loss to the organization.
• Maintain incident tracker, whereby all internal findings to be registered as a checker of funds.
• Enforce 100% compliance of ISAE3402. Carry out sample testing on daily basis & document the results.
• Ensure procedures are in place to effectively deal with exceptions and that they are reviewed, researched, documented and resolved in a timely manner. Client/ specifications (bespoke) are clearly documented.
• Identify the manual steps, process efficiencies & developments, by providing practical ideas on areas of improvement & work towards its automation. 
• Ensure to minimize the unplanned leaves, especially during business-critical days, like month end, Yearend. rollover days and migration of new funds (BI Events)

 

 

Contributing Responsibilities

·       Monitor the respective group mailbox and respond quickly to the queries.

·       Adherent to timeliness and quality as stated in SLA.

·       Ensure there is NO Financial impact/loss to the organization. 

·       Ensure ISAE 3402 checks are understood and followed. 100% compliance is must for all NAV packs.

·       Act as a back-up in the absence of other team members (Checkers)

·       Continuously strive to improve the process and bring efficiency in the chain

·       To share the process/product knowledge with fellow team members.

·       Ensure Participation in CSR & Other engagement initiatives

·       Conduct investigation with due diligence on all the discrepancies in processes

 

Technical & Behavioral Competencies

• Ability to communicate with others in a clear.
• Good team player skills
• Good written and oral communication skills.
• Good listening and questioning ability.

–  Be able to express ideas effectively in individual and group situations

• Ability to plan work ahead and to prioritize workload.
• Ability to work in an organized manner and multi-task.

–  Must have meticulous attention to detail

• Generate creative solutions to problems.
• Always look for ways to improve services and processes.
• Be able to adapt to markets and client’s evolution.
• Be flexible to work in shifts as per business requirement.
• Knowledge of systems – Multifonds, HI -Portfolio, Bloomberg etc. and advanced Microsoft Office functions is an advantage
• Knowledge of fund accounting concepts like Unit Pricing, “Incentive / Performance” fee, Swing, Hedging, different Fund structures is an advantage. 

–  Exposure to implementation of artificial intelligence tools to support high productivity

–  The candidate should uphold high level of compliance on conduct topics

 

 

Specific Qualifications:

Accounting/Commerce 

Minimum of 7+ years of experience in Fund Accounting

 

 

 

 

 

 

 

 

Skills Referential (Required knowledge, skills and abilities)

Technical & Transversal Skills:

• Expertise Knowledge of Fund Accounting business and NAV cycle
• Ability to develop and adapt to a process
• Ability to understand, explain and support change
• Analytical Ability
• Ability to inspire others & generate Ideas

 

Behavioral Skills: 

• Attention to detail / rigor
• •  Ability to collaborate / Teamwork 
  • Decision Making
  • Client focused

 

Education Level: Bachelor’s degree or equivalent

Location: Mumbai / Chennai

Experience level: At least 7 years

 

 

 

 

 

 

 

 

 

 

 

 

 

About BNP Paribas Group:

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

 

Job Title: Assistant Vice President – IADS

Department: IADS

About Business line/Function: 

Investment Analytics and Data Service (IADS) team is a department of BNP ISPL providing performances and reporting services to Asset Managers and Institutional clients. Services provided by IADS include state-of-the-art performances and risks calculations delivered online or through wide range of reports (accounting packs, Investment reviews, Solvency II) or data feeds

Position Purpose: 

Investment Analytics and Data as Service (IADS) team is a department of BNP Paribas Securities Services providing performance and Risk reporting services to Asset Managers and Institutional clients. Services provided by IADS include state-of-the-art performances and risks calculations delivered online or through a wide range of reports (accounting packs, Factsheets, Investment reviews) or data feeds.

The “Manager” will be a Lead or an SME of the IADS Production Team (EMEA or APAC), which is responsible of delivering Performance and Risk Reports to clients across the world. The IADS team works in multiple shifts including Australia, Singapore, France and UK timings. Few of the key deliverables include:

• BackOffice Support to the performance and reporting services provided by the other IADS Locations,
• Performances and Risk reporting services directly provided to clients in APAC and EMEA region

Development and maintenance of the IADS systems (Large majority of IADS systems is developed in-house)

 

Responsibilities

Direct Responsibilities

IRP RISE Project team is a team of experts from across all IRP end to end streams starting from Acquisition, Calculation and Reporting (Static and Dynamic) and with a mix of Operations, Business Analyst and Implementation experts. 

·       The core activity lies in understanding the client requirements and transitioning the clients from legacy IRP platform to RISE platform successfully. The challenges could range from gaps in data availability in legacy platform, calculation methodology gaps, and logistical issues among others. 

 

·       The role is diverse, demands the expertise of client reporting and investment performance functions. 

 

·       The individual will be responsible for both the migration and validation of various reports such as Accounting Reports, Investment Reports, Performance Reports, Risk Reports, and Attribution etc. 

 

·       The role majorly requires timely and prompt coordination and communication with various stakeholders in Chennai and Paris.

 

As a RISE Project Team Member, you will be in charge of the following,

 

Main Responsibilities:

¡ Ideal candidate – 50% Client Migration, 30% BA activity, 20% Perf Calc & validation

¡ Client Migration in IRP-RISE can range from setting up funds and benchmarks, loading the client data, setting up client funds, setting up calculations, designing Reporting templates into existing systems in coordination with other team members

¡ BA activity can involve writing requirements for solution changes, scripts or demo documents, user guides for operations, support manuals among others

¡ Perf Calculation Validation can mean comparison between the legacy and RISE calculations and analysis of any gaps noticed based on the migrated clients. Also communicating with the management on the gaps and supporting on the resolution of the same.

¡ Propose and advise about the feasibility and suitability of possible solution to optimise Performance reporting

¡ Conduct Meetings with multiple locations to understand the need and report the progress on the agreed services.

¡ Understand all areas of IRP, and IRP systems, and where appropriate develop specialist expertise to manage the Support, Change Requests, Projects and Client Onboarding 

¡ Recruitment, Training, People Management, Resource Planning, Addressing the Interpersonal issues, Team building etc.,

¡ Understand all areas of IRP and IRP applications, develop cross-functional expertise to own the support issues and define a quick solution for issues and productivity improvements

¡ Ability to analyse the issues, identify the root cause, summarize the analysis and present it to the Management.

¡ Demonstrate strong managerial, analytical and problem-solving skills

¡ Work with performance analysts to propose improvements to current production processes

 

Contributing Responsibilities

·       Participation to IADS System evolution 

o   Suggestion of requirements 

o   Participation to user acceptance testing

o   Adhering to the compliance requirements of the organization 

·       Recommend and implement improvements to service for both clients and BPSS Investment, in terms of efficiencies and new products and services

·       Ensure a robust and automated performance process in a controlled environment

·       Investigate, document, report and resolve issues and recommend corrective action where appropriate

 

Technical & Behavioral Competencies

·       Knowledge and experience of Investment Performance Calculation (L1, L3) and/or Portfolio Accounting methodologies 

·       Experience and /or aspiration to work in a Project role in a demanding environment

·       Working experience or a passion for Business Analysis, Platform Migration and Client Onboarding

·       IRP Legacy applications (for internal candidates) and/or Bisam B-One is an added advantage 

·       Practical knowledge of SQL 

·       Strong understanding of financial markets, investment management and asset management

·       Understanding on performance measurement, performance attribution analysis, and calculation methods.

·       Understanding of Bloomberg, Reuters

·       Strong analytical and problem-solving skills

·       Strong communication skills, both written and verbal

·       Basic Excel and VBA skills

 

Specific Qualifications: Not Applicable

Skills Referential (Required knowledge, skills and abilities)

Transversal Skills:

• Ability to understand, explain and support change

• Analytical Ability

• Ability to develop and leverage networks

• Ability to develop and adapt a process 

• Ability to set up relevant performance indicators

 

Behavioral Skills: 

• Ability to collaborate / Teamwork

• Ability to deliver / Results driven

• Critical thinking

• Communication skills – oral & written

 

Education Level: Master Degree or equivalent

Location: India, Chennai

 

 

About BNP Paribas Group:

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

Job Title: Associate – Hedge Fund Accounting 

Department: ISO

About Business line/Function: Fund Accounting/Administration

Position Purpose: Fund Accounting operation / production

Responsibilities: Daily Operations (Delivery of Daily Net Asset value of Mutual funds)

Direct Responsibilities

• Role will require good understanding of NAV Life cycle and controls to ensure the fitment for Checker role along with preparer of funds.
• Need to be a SME (Subject Matter Expert) of the process with complete knowledge & understanding of NAV Calculation Processing & Review across variety of funds & instrument types.
• Ensure NAV calculations are produced in a timely manner as per SLA. Completeness of NAV packs includes accurate report generation, timely delivery of reports, scanning & archiving. 
• Ensure all reconciliation breaks in TA, Cash & Stock are validated and justified for each calculated NAV.
• Ensuring the KPI’s are always in Green.
• Preparation of Key/Standard Operating Procedures for each process.
• Consistently evaluate the documented procedures to ensure they are complete, accurate and up to date.
• Prioritize the work and conduct investigation with due diligence on all the discrepancies. 
• Carrying out other ad-hoc duties may arise from time to time, mainly at month ends & year ends.
• Ensure review of critical queries before sent. Where issues/errors arise ensure detailed analysis of issues and clear understanding is gained before responding to client, spoke or other parties.
• Ensure that the Reports are thoroughly reviewed and most updated information is provided.
• Updating required colleagues adequately on any changes/new events impacting BAU. You should be proactively escalating any relevant issues to AVP’s.
• Identifying the training requirements & ensure all the necessary training has been provided to the team members (maker level) to perform the relevant tasks.
• Participating in Daily Team huddles, Weekly Team meetings.
• Develop SMEs and ensure Back-up’s are created and in place during absenteeism.
• Adhere to Quality of 100% while producing & reviewing NAVs.
• Ensure there is NO Financial impact/loss to the organization.
• Maintain incident tracker, whereby all internal findings to be registered as a checker of funds.
• Enforce 100% compliance of ISAE3402. Carry out sample testing on daily basis & document the results.
• Ensure procedures are in place to effectively deal with exceptions and that they are reviewed, researched, documented and resolved in a timely manner. Client/ specifications (bespoke) are clearly documented.
• Identify the manual steps, process efficiencies & developments, by providing practical ideas on areas of improvement & work towards its automation. 
• Ensure to minimize the unplanned leaves, especially during business-critical days, like month end, Yearend. rollover days and migration of new funds (BI Events)

Contributing Responsibilities

Technical & Behavioral Competencies

• Ability to communicate with others in a clear.
• Good team player skills
• Good written and oral communication skills.
• Good listening and questioning ability.
• Be able to express ideas effectively in individual and group situations
• Ability to plan work ahead and to prioritize workload.
• Ability to work in an organized manner and multi-task.
• Must have meticulous attention to detail
• Generate creative solutions to problems.
• Always look for ways to improve services and processes.
• Be able to adapt to markets and client’s evolution.
• Be flexible to work in shifts as per business requirement.
• Knowledge of systems – Multifonds, HI -Portfolio, Bloomberg etc. and advanced Microsoft Office functions is an advantage
• Knowledge of fund accounting concepts like Unit Pricing, “Incentive / Performance” fee, Swing, Hedging, different Fund structures is an advantage. 
• Exposure to implementation of artificial intelligence tools to support high productivity
• The candidate should uphold high level of compliance on conduct topics

Specific Qualifications:

Accounting/Commerce 

Minimum of 3+ years of experience in Fund Accounting

  

Skills Referential (Required knowledge, skills and abilities)

Technical & Transversal Skills:

• Expertise Knowledge of Fund Accounting business and NAV cycle
• Ability to develop and adapt to a process
• Ability to understand, explain and support change
• Analytical Ability
• Ability to inspire others & generate Ideas

Behavioral Skills: 

• Attention to detail / rigor
• Ability to collaborate / Teamwork 
• Decision Making
• Client focused

Education Level: Bachelor’s degree or equivalent

Location:  Chennai

Experience level: At least 3 years 

About BNP Paribas Group:

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

Job Title: Associate – Fund Accounting

Department: ISO

About Business line/Function: Fund Accounting

Position Purpose: Fund Accounting operation / production 

Responsibilities: Daily Operations (Delivery of Daily Net Asset value of Mutual funds)

 

Direct Responsibilities

·         Associate will be responsible for preparation of task involved in NAV delivery and reconciliations

·         Acquire complete understanding of NAV Calculation & its related functions with various parties involved. For example: Custody, TA, Pricing, Corporate Actions, etc.

·         Become a SME (Subject Matter Expert) of the process by acquiring complete knowledge of NAV Calculation Processing across all funds & instrument types.

·         Ensure all reconciliation breaks in TA, Cash & Stock are validated and justified for each calculated NAV.

·         Ensure NAV calculations are produced in a timely manner as per SLA. Completeness of NAV packs include accurate report generation, timely delivery of reports, document and evidence controls. 

·         Adhere to Quality & Timeliness as per SLA. Ensure No Material or financial Impact.

·         Be proactive in resolving queries and escalate immediately to the supervisor on any issues/queries/escalations.

·         Participate in preparation / updation of Key/Standard Operating Procedures for each process and fund/ client specification

·         Carrying out other ad-hoc duties may arise from time to time, mainly at month ends & year ends.

 

Contributing Responsibilities

·         Monitor the respective group mailbox and respond quickly to the queries. 

·         Ensure ISAE 3402 checks are understood and followed. 100% compliance is must for all NAV packs.

·         Act as a back-up in the absence of other team members. Manage the leaves appropriately.

·         Ensure to minimize the unplanned leaves, especially during business-critical days, like month end, Yearend, rollover days and migration of new funds or BI events

·         Should come up with minimum one process improvement/automation initiative per year 

·         To share the process/product knowledge with fellow team members.

·         Ensure Participation in CSR & Other engagement initiatives

 

 

 

 

 

Technical & Behavioral Competencies

• Ability to communicate with others in a clear, articulate fashion.
• Good written and oral communication skills.
• Good listening and questioning ability.

–  Be able to express ideas effectively in individual and group situations

• Ability to plan work ahead and to prioritize workload.
• Ability to work in an organized manner.

–  Must have attention to detail.

• Generate creative solutions to problems.
• Always look for ways to improve services and processes.
• Be able to adapt to markets and client’s evolution.
• Be able to work in shifts as per business requirements
• Knowledge of systems – Multifonds, Hi-Portfolio, Bloomberg etc. and basic Microsoft Office functions is an advantage

–  Exposure to implementation of artificial intelligence tools to support high productivity

–  The candidate should uphold high level of compliance on conduct topics

 

 

 

Specific Qualifications:

Accounting/Commerce 

 

Skills Referential (Required knowledge, skills and abilities)

Technical Skills:

•  Ability to understand, explain and support change 
•  Ability to develop and adapt a process  
•  Ability to develop and leverage networks 
•  Analytical Ability 
• Know how to fund Accounting and NAV cycle

Behavioral Skills: 

•  Attention to detail / rigor  
•  Ability to collaborate / Teamwork 
• Communication Skills- Oral & Written      

 

Education Level:  Bachelor Degree or equivalent

Location: Mumbai/ Chennai

Experience Level: At least 3 years

 

 

 

 

 

 

About BNP Paribas Group:

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

Job Title: Assistant Manager – Hedge Fund Accounting

Department: ISO

About Business line/Function: Hedge Fund Accounting

Position Purpose: Management of NAV delivery for Hedge fund/Fund of Funds accurately and in a timely manner

Responsibilities: Daily Operations (Delivery of Daily Net Asset value of Mutual funds)

Direct Responsibilities

· Managing delivery of accurate and timely NAVs for hedge funds, Fund of Funds and Feeder funds – with extremely high volume or / and very high complexity (having equities, bonds, future, options, CDS, EQS, etc. as holdings) by completing all of the following processes:

· Cash and position reconciliation (accounting vs PB and 3 way); with resolution of breaks

· Income reconciliation (dividends and interest)

· Manual Pricing and Pricing review

· P&L review and Tolerance checks

· Fees accrual, management and performance fee calculation and booking

· Capital bookings and reconciliation with Investor services system reports

·                 · TB tie out and compiling NAV pack

·                             Work Allocation and tracking the deliverables

 

 

Contributing Responsibilities

– Delivery on audit requests and resolution of all queries on a timely basis

– Ensure appropriate checks and procedures are followed to maintain high quality deliverables and to avoid internal audit and ISAE findings

– Compliance with all internal organizational and business policies

 

Technical & Behavioral Competencies

– Hedge fund accountings experience a must – ability to understand and resolve breaks in a hedge fund operating environment (systems, asset classes, deliverable timelines, etc.).

– Operational understanding of asset classes like futures & options, equity swaps, CDS, etc. apart from equities and bonds.

– Experience on Advent Geneva system would be preferred – an added advantage

– Good Excel and MS office skills

– Good communication skills

– Requires to review complex hedge fund NAVs

– Participation in system development projects, process change projects, etc.

– Troubleshoot issues of junior members and mentor / coach / buddy them

 

 

 

Specific Qualifications:

Graduates / Post Graduates (M.Com/MBA Finance preferred)

 

Accounting/Commerce

 

Skills Referential (Required knowledge, skills and abilities)

Technical Skills:

• Ability to understand, explain and support change
• Ability to develop and adapt a process
• Ability to develop and leverage networks
• Analytical Ability
• Know how to fund Accounting and NAV cycle

Behavioral Skills:

• Attention to detail / rigor
• Ability to collaborate / Teamwork
• Communication Skills- Oral & Written

 

Education Level: Bachelor Degree or equivalent

Location: Mumbai/ Chennai

Experience Level: At least 5 years

 

  

About BNP Paribas Group:

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

 

Job Title: Assistant Manager (IC role) – Fund Accounting 

Department: ISO

About Business line/Function: Fund Accounting/Administration

Position Purpose: Fund Accounting operation / production

Responsibilities: Daily Operations (Delivery of Daily Net Asset value of Mutual funds)

 

Direct Responsibilities

• Role will require good understanding of NAV Life cycle and controls to ensure the fitment for Checker role along with preparer of funds.
• Need to be a SME (Subject Matter Expert) of the process with complete knowledge & understanding of NAV Calculation Processing & Review across variety of funds & instrument types.
• Ensure NAV calculations are produced in a timely manner as per SLA. Completeness of NAV packs includes accurate report generation, timely delivery of reports, scanning & archiving. 
• Ensure all reconciliation breaks in TA, Cash & Stock are validated and justified for each calculated NAV.
• Ensuring the KPI’s are always in Green.
• Preparation of Key/Standard Operating Procedures for each process.
• Consistently evaluate the documented procedures to ensure they are complete, accurate and up to date.
• Prioritize the work and conduct investigation with due diligence on all the discrepancies. 
• Carrying out other ad-hoc duties may arise from time to time, mainly at month ends & year ends.
• Ensure review of critical queries before sent. Where issues/errors arise ensure detailed analysis of issues and clear understanding is gained before responding to client, spoke or other parties.
• Ensure that the Reports are thoroughly reviewed and most updated information is provided.
• Updating required colleagues adequately on any changes/new events impacting BAU. You should be proactively escalating any relevant issues to AVP’s.
• Identifying the training requirements & ensure all the necessary training has been provided to the team members (maker level) to perform the relevant tasks.
• Participating in Daily Team huddles, Weekly Team meetings.
• Develop SMEs and ensure Back-up’s are created and in place during absenteeism.
• Adhere to Quality of 100% while producing & reviewing NAVs.
• Ensure there is NO Financial impact/loss to the organization.
• Maintain incident tracker, whereby all internal findings to be registered as a checker of funds.
• Enforce 100% compliance of ISAE3402. Carry out sample testing on daily basis & document the results.
• Ensure procedures are in place to effectively deal with exceptions and that they are reviewed, researched, documented and resolved in a timely manner. Client/ specifications (bespoke) are clearly documented.
• Identify the manual steps, process efficiencies & developments, by providing practical ideas on areas of improvement & work towards its automation. 
• Ensure to minimize the unplanned leaves, especially during business-critical days, like month end, Yearend. rollover days and migration of new funds (BI Events)

Contributing Responsibilities

·       Monitor the respective group mailbox and respond quickly to the queries.

·       Adherent to timeliness and quality as stated in SLA.

·       Ensure there is NO Financial impact/loss to the organization. 

·       Ensure ISAE 3402 checks are understood and followed. 100% compliance is must for all NAV packs.

·       Act as a back-up in the absence of other team members (Checkers)

·       Continuously strive to improve the process and bring efficiency in the chain

·       To share the process/product knowledge with fellow team members.

·       Ensure Participation in CSR & Other engagement initiatives

·       Conduct investigation with due diligence on all the discrepancies in processes

 

Technical & Behavioral Competencies

• Ability to communicate with others in a clear.
• Good team player skills
• Good written and oral communication skills.
• Good listening and questioning ability.

–  Be able to express ideas effectively in individual and group situations

• Ability to plan work ahead and to prioritize workload.
• Ability to work in an organized manner and multi-task.

–  Must have meticulous attention to detail

• Generate creative solutions to problems.
• Always look for ways to improve services and processes.
• Be able to adapt to markets and client’s evolution.
• Be flexible to work in shifts as per business requirement.
• Knowledge of systems – Multifonds, HI -Portfolio, Bloomberg etc. and advanced Microsoft Office functions is an advantage
• Knowledge of fund accounting concepts like Unit Pricing, “Incentive / Performance” fee, Swing, Hedging, different Fund structures is an advantage. 

–  Exposure to implementation of artificial intelligence tools to support high productivity

–  The candidate should uphold high level of compliance on conduct topics

 

Specific Qualifications:

Accounting/Commerce 

Minimum of 7+ years of experience in Fund Accounting

Skills Referential (Required knowledge, skills and abilities)

Technical & Transversal Skills:

• Expertise Knowledge of Fund Accounting business and NAV cycle
• Ability to develop and adapt to a process
• Ability to understand, explain and support change
• Analytical Ability
• Ability to inspire others & generate Ideas

 

Behavioral Skills: 

• Attention to detail / rigor
• Ability to collaborate / Teamwork 
• Decision Making
• Client focused

 

Education Level: Bachelor’s degree or equivalent

Location:  Chennai

Experience level: At least 7 years

About BNP Paribas Group:

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

Job Title: Assistant Manager – Financial Reporting

Department: ISO

About Business line/Function: Financial Reporting

Position Purpose: Financial Reporting operation / production

Responsibilities

Direct Responsibilities

• To ensure the production of statutory reporting as annual and semi-annual reports and specific reports if required by the client (as quarterly report), also liquidation report, merger report, dissolution report if requested, in respect of legal delays.
• To ensure the Financial Statement is issued in an accurate way, controls are executed. 
• To complete the checklist in which the controls have been defined and are formalized. 
• To perform review of Financial Statements prepared by a third party within the team. 
• To respect the production deadlines: draft and final version deliveries.
• To request all supporting documents from the clients.
• To apply the specific rules of the registered countries, and the rules of the countries where the funds are distributed.
• To manage the requests/information received in the common e-mail inbox.
• Strong technical understanding of Financial Reporting / Fund Services functions is expected.

·       Strictly adhere to Key Performance Indicators for the process and achieving the same on a regular basis.

• Demonstration of commitment to ensure continuous process improvement to achieve efficiency targets.

·       Ensure procedures are in place to effectively deal with exceptions and that they are reviewed, researched, documented and resolved in a timely manner.

·       Good Communication Skills required with Candidate being able to challenge any client specific customizations 

·       He/ She should be able to interact & have strong relationship with locations

·       Ensuring right documents in place on a day to day basis for effective closure of audits without findings

• Ensure incident management protocol is followed by self and the team.

·       Assisting & ensuring strong & positive environment on the floor that will help in strong team bonding

·       Ensuring timely & due escalation to AVP, if there could be potential issues/escalations expected

• Ensure to minimize the unplanned leaves, especially during business-critical days, like month end, Yearend. rollover days and migration of new funds

 

 

 

 

 

 

Contributing Responsibilities

·       Playing a key part in new business & activities that will be transferred from other 2S locations

·       Ensure that, client issues/concerns are addressed and resolved within the agreed timelines. Client service review score card should be well maintained and aim to be 4 or above

·       Ensure high level of service has been delivered to the Clients of BNP Paribas Group.

·       Defining the Key Performance Indicators for the process and achieving the same on a regular basis.

·       Manage and reduce operational risk

·       Prioritise the work and conduct investigation with due diligence on all the discrepancies.

·       Ensure all the necessary training has been provided to the team members to perform the relevant tasks.

·       Support & assist new joiners on the floor with process/training/culture/etc.

·       Act as a strong back up for other AM’s when they are on leave

·       Active participation in CSR & employee engagement topics would be strongly encouraged

Technical & Behavioral Competencies

·       Overall 7+ years plus experience with at least 5 years+ in FR Domain

·       End to End exposure in Financial Reporting Stream with knowledge of Mutual funds accounting.

·       Knowledge of NADI platform and MFFA 

·       Aware of the entire NAV cycle and roles played by different upstream teams. Basic knowledge of upstream teams like Middle office, Pricing, Corporate Action, TA etc.

·       Interest and Experience in business Operational Transformation

·       Continue to ensure sufficient Risk & Control processes are in place

·       Continually working towards process improvements and efficiency savings and optimization of costs

·       Be able to express ideas effectively in individual and group situations

·       Internal and External Audit Management

·       Exposure to implementing artificial intelligence tools to support high productivity

·       The candidate should uphold high level of compliance on conduct topics

 

Specific Qualifications:

Master’s degree in Economics or in Finance, or equivalent

 

 

Skills Referential (Required knowledge, skills and abilities)

Technical Skills:

• Expertise Knowledge of Fund Accounting business and NAV cycle
•  Ability to inspire others & generate people’s commitment 
•  Ability to understand, explain and support change 
•  Analytical Ability 

Behavioral Skills: 

•  Ability to collaborate / Teamwork
• • Communication skills – oral & written
  •  Attention to detail / rigor 
  •  Personal Impact / Ability to influence 
  •  Attention to detail / rigor

 

Education Level: Master’s degree or equivalent

Location: Mumbai

 

 

About BNP Paribas Group:

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

Job Title: Associate

Department: Data Administration

About Business line/Function: IFSO

Position Purpose: 

The position will be responsible to setting up security details in accounting platforms or pricing securities via pricing tool to support the Fund Administration team to calculate the NAVs for Funds or process corporate action based on vendor inputs. Manage the work effectively with team members to accomplish common goals. Generate creative solutions to problems, Ability to plan work ahead and to prioritize workload in an organized manner.

Responsibilities:

 

Direct Responsibilities

 

Pricing: 

This team updates the prevailing prices of the securities to enable the fund accountants to ascertain the market value of the securities as a part of fund valuation (NAV/ GAV)

Pricing activity is carried out on different applications for clients across APAC, UK and EMEA regions.

 

Asset creation: 

This team is responsible to setup the reference data of various instruments in the respective accounting platforms. Multiple regions such as APAC, EMEA and UK are supported.

 

Corporate Action:

This team is responsible to process Dividend and Corporate Action events based on inputs received from multiple vendor sources to enable Fund Accounting teams to record the income / events in portfolios valuated.

 

Data Management: 

The team is responsible for Index, BM and Fund set-up in B-One and Cispeo and also monitor fund and indices acquisition from vendors to ensure that the NAV and Index values are delivered to IADS as per the agreed SLA. Perform L1, L2 and L3 services to the IADS clients. 

 

Contributing Responsibilities

 

·         Participate in Brainstorming sessions and share the best practices / ideas with the peer groups and team members.

·         Constantly update and review procedures to keep up to date.

·         Participate in ad-hoc projects and new initiatives.

·         Performing a range of daily, weekly, monthly reporting / controls to ensure completeness of processing and that any inappropriate postings, matching etc. is identified and resolved promptly.

Client Focus

Complete commitment to provide professional and prompt responses to meet clients’ requirement.

Communication

Oral: Express ideas effectively in individual and group situations. Adapting communication style to match the needs of the audience.

Written: Express ideas clearly in all written documents. Use professional, appropriate language always, and adhering to the BNPP e-mail protocols.

Teamwork

Work effectively with team members to accomplish goals, exhibit high-level of respect to colleagues, display integrity in dealing with team members.

Continuous Improvement and Adaptation

Be innovative, embrace changes, and simplify the comprehensive areas without compromising on quality or timeline. Adapt continuous improvement as a culture

Technical & Behavioral Competencies

·         Proficient in Microsoft Office Applications especially proficiency required on MS Excel. 

·         Capital Market / Investment Banking (Basics).

·         In-depth understanding on the system / vendor (BBG / FACTSET/ Reuters, etc…) functionalities.

·         Create a collaborative workplace, maintain morality of the team and be a team player.

·         Strong analytical skills, high-level of accuracy, client service mindset, solid organizational and interpersonal skills.

·         Capacity to deal with high volumes of activity

 

Specific Qualifications:

·         Graduates / Postgraduates (BBA / B. Com / M. Com / MBA).

·         Candidates should be willing and flexible to work in any shifts. 

·         Certification on Investment Banking / Capital Market will be an add on advantage. 

 

Skills Referential (Required knowledge, skills and abilities)

Technical Skills:

• Analytical Ability
• Ability to manage a project
• Ability to develop and adapt a process 
• Capital markets/ Investment Banking 

Behavioral Skills: 

• Ability to collaborate / Teamwork
• Attention to detail / rigor
• Ability to deliver / Results driven
• Client focused

Education Level: Bachelor or Equivalent 

Location: Chennai/ Mumbai

About BNP Paribas Group:

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.