Job Title: Head of Private Capital Operations

Business Unit: Private Capital - Fund Administration - BNP Paribas Fund Administration Services (Ireland) Ltd.

Contract Type: Permanent

Location: Sandyford, Dublin (Hybrid)
 

About BNP Paribas: 

At BNP Paribas, we center our values on what drives the company forward. Our driving forces are Agility, Client Satisfaction, Compliance Culture and Openness.

• Agility: we want to behave more simply to embrace useful innovation and digital transformation.
• Client Satisfaction: we believe that our success lies in being the customers’ and clients’ preferred choice. We seek to listen carefully to them and work closely with them.
• Compliance Culture: We believe in promoting clear rules to foster a strong culture of compliance and ethics.
• Openness: We promote open-minded attitudes towards our stakeholders. We aim for everyone in Group to feel included, to have their say and be empowered. 

Our strengths are based off four key areas of Stability, Expertise, Responsibility and Good Place to Work.

• Stability: we build upon our solid, long-term oriented management, our diversified and integrated business model and our international footprint.
• Expertise: We build upon our recognised and expanding knowledge of our teams.
• Responsibility: We build upon our culture of responsibility and integrity to ever better serve the interest of our customers.
• Good Place to Work: We foster a stimulating workplace where people are treated fairly and with respect. 

Role

BPFASIL has a developing Private Capital business unit with a team currently servicing a large strategic client of the bank. This client operates a multi-manager structure and sub-funds setup with varying investment strategies. The funds are structured as Private Capital vehicles with capital commitments, capital calls, waterfalls, etc. The team provides monthly and quarterly reporting to the client and the respective sub-fund managers, independently reconciles, reviews, and reports on trades, positions, cash, and prices, controls general ledger postings, and oversees the final NAV review sign-off process. Frequent client contact is an important part of the group's remit. The team uses the eFront system, the core Private Capital operating system for the bank and the leading PC system in the market. Our strategy focuses on Private Capital as a significant growth opportunity, aiming for further expansion through additional client servicing in the location or via an oversight delegated model. We are now hiring for the position of Head of Private Capital Operations, who will have overall responsibility for the existing team and the setup of others. This role will lead the development of the wider Private Capital business from Ireland, ensuring best practice alignment within the region. The remit includes acting as the Ireland point of contact for all global Private Capital Steering Committees, global operations forums, and similar. 

This role requires an individual who is technically proficient, intellectually capable, and has a track record of establishing valuable relationships and leading teams in a dynamic operational setting. The ideal candidate will possess extensive experience in Private Capital Operations, including client servicing, team leadership, and business unit development. Furthermore, involvement in client pitches and serving as a senior operational contact for clients is essential.

Key Responsibilities

Qualifications & Skills Required: 

• A third-level qualification with a relevant professional credential is preferred.
• 10-15 years of experience in the Private Capital fund services industry, including at least 7 years at the managerial level.
• Extensive knowledge of the Irish Funds industry, particularly related to Private Assets, along with an established network within the industry.
• Demonstrated experience serving as a senior point of contact for clients.
• Proficiency in using eFront or similar Private Capital systems is beneficial.
• Strong understanding of product knowledge.
• Excellent interpersonal skills and proven leadership abilities.
• Attention to detail and strong organizational skills.
• Short-term travel to BNPP offices within Europe may be required.

Why Work with Us?

• We are the bank for a changing world and aim to build positive change together with our employees. 
• We are a team of passionate people who genuinely care about what we do and the impact our work delivers to our clients. We operate in a highly collaborative, open-minded environment that embraces innovation and creativity. 
• Our remuneration and benefit packages are generous, with competitive salaries, a discretionary bonus scheme, company pension contribution, comprehensive private healthcare packages and numerous other benefits.
• We have a genuine commitment to work-life balance throughout the whole organisation. We are also committed to equality, diversity and inclusion and actively promote equal opportunities. 
• Development and mobility is actively encouraged. We are a learning company - there is real opportunity to grow, develop and expand your skills, experience and career path. 
• We are a global company operating in over 70 countries with over 200,000 employees from over 150 nationalities. In Ireland we have approximately 500 employees across Dublin and Galway working in Corporate Institutional Banking (CIB) and BNP Paribas Security Services (BP2S) and Greenval.

Compliance Culture

We believe in promoting clear rules to foster a strong culture of compliance and ethics.  We would expect any incoming member of staff to respect all financial security related legislation, including: anti-money laundering (AML); countering the financing of terrorism (CFT); international financial sanctions and embargoes (IFS); anti-bribery and corruption (ABC); KYC; ongoing client related data screening; and transaction monitoring.  BNP Paribas have clear policies on these topics which all staff are expected to familiarise themselves with upon successful entry to the Group.

Equality and Diversity

BNP Paribas is an equal opportunities employer and proudly cultivates a diverse workforce. We believe that diversity of experience enhances our service offering to clients and leads to a better working environment. We encourage applications from the best candidates regardless of age, ethnicity, gender, gender identity, nationality, disability, sexual orientation, socio-economic background, parental and caring status, or religious belief.

By submitting your application, you agree to BNP Paribas completing a background check and screening in advance of any potential offer being made