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 24x7 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.

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 specialised 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.

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.

About Business line/Function:

Team performs Fund Accounting for various clients across several locations with 24 x5 coverage. The process includes Transactions input, Reconciliation, Fund valuation, Cash processing, Reporting & Transfer Agency with intraday deadlines. Accurate and timely reporting of NAV to the end client is the key objective of the team.

Job Title:

Assistant Manager

Date:

Department:

FA- Transactions Team 

Location:

Chennai

Business Line / Function:

IFSO

Reports to:

(Direct)

Grade: 

(if applicable)

NA

(Functional)

Number of Direct Reports:

0

Directorship / Registration:

NA

Position Purpose

Perform the processing (40%) and checking (60%) of all the transactions for dedicated clients in the Fund accounting system in respect with our internal procedures and International Standards such as ISAE3402.

In his/her mission, the Transaction Officer will have to often liaise with :

·       Middle Office activities between Trade Support Brussels (listed instruments) and Trade Support Paris (OTC instruments). 

·       Fund accounting team (Lux, Chennai or any other location)

·       Other Transaction teams in KOP and Chennai

·       Auditors

·       Internal departments (Custody, TA, FDS etc…)

The transaction officer will be involved in all projects impacted by the transaction team as such as :

·       Mergers

·       New client On boarding

·       New sub fund launching

·       New instrument dealing

·       Changes in workflow

Responsibilities

Direct Responsibilities

·       Perform the processing of all the transactions for dedicated clients in the Fund accounting system in respect of our procedures and the ISAE3402 standard:

· Ensure the Zero Default quality

· Ensure that reconciliations are performed 

· Ensure that a second level of control is performed on all manual transactions

· Ensure the controls of OTC pricing 

· Respond to queries on time raised by person in charge of an action in the NAV Cycle

· Respect our clients Net Asset Value publication cut off’s

The Transaction Officer will have to liaise with Middle Office activities between Trade Support Brussels (listed instruments) and Trade Support Paris (OTC instruments). 

By analyze OTC valuation and events on OTC and coordinate in case of issues. Regarding listed transactions the transaction officer will liase with Bruxelles MO in case of discrepancies.

Contributing Responsibilities

·       Understand the operational and financial risks related the fund accountant mission:

·       By using the “Self Risk Assessment” documents. Inform immediately your manager when an error has been discovered or in case of a problem affecting our client duties 

·       Year End closing and Audit:

Ensure support provided to make available the documents in due time for the auditors. 

·       Participate in maintaining high standards in terms of quality of our internal relationship

·       Provide professional answers within the agreed standards defined

·       Participate in projects

Provide support during project such as funds migration, funds merger, launch of new funds or liquidations, …

Technical & Behavioral Competencies

Assist the good operation of the team:

· Improvement of the procedures

· Highlight changes in defined workflow to seniors, if any.

· Teaching of the juniors and the new staff

· Ensure the archiving of the NAV supporting documents

· Accept meetings delegation from the manager

· Ensure any procedural changes highlighted and documented on priority

Communication 

The transaction officer will have the opportunity to communicate (by phone and by email) with fund accounting teams, Middle Office departments in different countries.

Specific Qualifications (if required)

Knowledge on Capital Markets and it’s various market products.

Skills Referential                                                             

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Active listening

Attention to detail / rigor

Client focused

Transversal Skills: (Please select up to 5 skills)

Ability to develop and adapt a process 

Analytical Ability

Ability to understand, explain and support change

Ability to develop others & improve their skills

Choose an item.

Education Level: 

 Master Degree or equivalent

Experience Level

At least 6-9 years

Other/Specific Qualifications (if required)

Experience of Multifonds fund accounting tool is an added value.