Job Title: Vice President – Fund Accounting GPO

Department: Security Services – 2S

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.

Position Purpose: 

This role being recruited for is a very senior high-profile position, which will involve working closely with the current Global GPO Head (Fund Accounting Operations), Global Fund Accounting Committee, and Global FA heads and global FA experts. The candidate for this position will be responsible for Fund Accounting Production at multiple COE/Legacy locations.

Responsibilities

·         Responsible for overall processes globally (MFGA demographics). Also, ensure the harmonization, optimization and alignment of processes. 

·         Structuring, designing the Target Operating Model for FA domain.

·         Identify, sponsor, and spearhead functional and non-functional transformation topics.

·         Responsible for organizing the workshops and meetings to define the processes model for specific processes and overall model evolution. 

·         Complete alignment on the 2025-2030 vision for the domain.

Direct Responsibilities

• He / She will be expected to Design /re-design the assigned processes, ensuring the best optimized & harmonized processes and alignment with organization goals.

• Define the model definition and own the process documentation of As-Is and To-Be with the Pros and Cons. Documentation of the GOM/TOM processes.

• Consulted & contribute for the domain Strategy. 

• Consulted in the context of possible New Deal supporting Business Development.

• Consulted on all operational risks and changes linked to model evolution.

• Owning decisions by Collaborating with Client line/dev for new/change in service offer, Operational, Transformation, BCM, post-audit GCC control, RFP/RFI related for any process change in the domain.

• Contribute and share the ownership on any decisions in Global Fund Administration Committee

• Key contribution on the Final prioritization of all transformation topics based on strategic vision of FA (2025-2030)

• Key participation in new technology/digital solutions for improving quality, reliability, timeliness, efficiency, resilience and ensure to involve from the inception.

• Recommend solutions and advice impact of solutions - Support Identification of opportunities for improvement of quality, reliability, timeliness, efficiency, resilience.

• Capture & Organize queries from relevant stakeholders (Internal/External from FA) and prioritize the responses or directing the questions to the right partners within GFAC or outside FA stakeholders.

Contributing Responsibilities

• Develop strong working relationships with a network of counterparts in other Securities Services Locations and senior Management.

• Ensure high level of communication network is established will all the departments within the business group 

• Ensure that, model issues/concerns are addressed and resolved with the agreement of location heads and GFAC.

• Ensure a standard GOM/TOM of processes are prepared and shared to all the locations.

• Ensure all the expected deliverables of the process are met with high quality of documentation.

• Ensure to maintain the action log effectively with objectives, deliverables next steps, issues, to clearly understood by GPO head and Global FA Head.

• Ensuring to prepare for the monthly governance with all the relevant inputs and share the updates to global stakeholders, Global FA heads during the meeting.

• Ensure to own all the relevant topics under the processes.

Technical & Behavioral Competencies

• End to End exposure in Fund Accounting Stream with knowledge of Traditional funds. 

• Strong knowledge and quick grasping ability about the upstream teams like Middle office, Pricing, Corporate Action, TA etc.

• Interest and Experience in FA Operational Transformation

• Openness for feedback and adapt to the change as per the organization and management’s expectation.  

• Re-engineering of Legacy Processes and Challenge the status quo

• Adequate understanding of FA System Data Flow 

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

• Ability to work in an organized manner.

• Generate creative solutions to problems.

• Always look for ways to improve services and processes.

• Be able to adapt to markets and client’s evolution.

Specific Qualifications:

• Minimum 15 years of experience in Fund Accounting domain along with bachelor’s degree - in management, finance related field or equivalent experience.

• Prior experience in similar domain.

Skills Referential (Required knowledge, skills and abilities)

Technical Skills:

• Collaboration & Documentation
• Process Management & Modelling
• Bank Specific Platforms (Multifonds, Intellisuite, Amanda ) 
• Automation & Digital Tools (good to have)
• Project & Change Management Tools (good to have)

Behavioral Skills: 

• Communication
• Analytical Ability
• 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 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.