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 

Direct Responsibilities

• Should be able to perform complex reconciliations independently.
• Should perform review function apart from queue monitoring.
• For review function, ensure all breaks are justified and commented correctly, all delays and errors are captured on the tracker. Also, ensure that the reconciliations are closed on reconciliation tool and sign-off is sent to the NAV teams. 
• To chase relevant parties for all long pending breaks on a periodic basis. Escalate to Assistant Vice President in case break not resolved despite constant chasers.

§  Ensure reconciliations are completed for each NAV calculation.

§  Completeness of reconciliations includes:

§  Funds reconciled are delivered on time.

§  Delay reasons are updated correctly.

§  Processor and reviewer time updated on tracker.

§  Sign-off sent to the NAV teams based on cut-off agreed.

§  Archival of packs done daily for reconciliations performed manually. (specific to derivatives reconciliations)

• Ensure adherence to quality SLA of 99% & above while performing reconciliations.
• Ensure adherence to timeliness SLA of 95% & above while performing reconciliations.
• There should be no comebacks from NAV teams on the reconciliations performed.
• There should be no incidents logged on reconciliations performed.
• Be proactive in resolving queries and escalate immediately to the AVP on any issues/queries/escalations.

Contributing Responsibilities

·       Effectively monitor the respective group mailbox and respond efficiently to the queries.

·       Ensure EOD status is sent to Senior management upon completion of reconciliations. 

·       Ensuring at the end of month KPI is submitted to the management.

·       Manage and co-ordinate audit and ORC requests and ensure that they are completed on time.

·       Required to plan leaves in advance as per GSO policies and keep a tab on unplanned leaves for self.

Technical & Behavioral Competencies

·       Thorough understanding all Capital market, Financial Instruments, Investment baking processes and advanced accounting skills.

·       Excellent verbal and written communication.

·       Strong analytical skills, detail orientation, service commitment, solid organizational and interpersonal skills. 

·       Ability to work independently, as well as in a team environment, prioritizes multiple tasks and meets strict deadlines. 

·       Proficient in Microsoft Office Applications. Strong MS Excel, MS Word, MS PowerPoint skills required. 

·       Should be self-motivated and energetic.

·       Should be able to train staff.

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

Specific Qualifications:

·       Graduate/Postgraduate (preferably in finance).

·       Candidates should have Minimum 7+ years of experience in Fund accounting reconciliations or NAV.

·       A working knowledge of the Intellimatch tool is a distinct advantage.

Skills Referential (Required knowledge, skills and abilities)

Technical & Transversal Skills

·       Ability to understand, explain and support change

·       Analytical Ability

·       Ability to manage a project

·       Ability to develop others & improve their skills

·       Ability to manage / facilitate a meeting, seminar, committee, training…

Behavioral Skills: 

·       Organizational skills

·       Ability to collaborate / Teamwork

·       Ability to deliver / Results driven

·       Creativity & Innovation / Problem solving

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 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.

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.