Position PurposeThis role being recruited for is a senior high profile position, which will involve working closely with the current Functional Head. The candidate for this position will be responsible for Fund Accounting Operations
Responsibilities
Direct Responsibilities- The candidate will be expected to run the operational areas on a day-to-day basis for team.
- The Candidate will be expected to work closely with the Functional Head and Managers within FA as well across Securities Services locations to support ops transformation and business growth
- The role requires very strong Organizational and People Management skills
- Solid technical understanding of Fund Accounting / Fund Services functions is expected.
- Previous experience of running a large Operational area on an International basis is essential.
- Demonstration of commitment to continuous process improvement is required.
- The Candidate will report to the Functional Head and Respective Managers would be reporting into this position.
- The position interfaces with other Senior Managers, Business Analysts, Business Managers, Relationship Managers, Clients and other Securities Services Offices in Europe and Asia.
- The position interfaces with International Team Members of BNP Group and its Clients or Vendors
- Effective and Strong Communication Skill required for this leadership role
- Candidate should preferably have exposure to client presentation for new business bid
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, client issues/concerns are addressed and resolved within the agreed timelines.
- Ensure high level of service has been delivered to the Clients of BNP Paribas Group.
- Ensure all the deliverables of the process are met and maintained as per the service agreement.
- Defining the Key Performance Indicators for the process and achieving the same on a regular basis.
- Ensuring the delivery of quality services to clients with consistent green KPIs
- Manage and reduce operational risk, error costs must not exceed 1% of NBI
- Continue to develop a strong layer of Middle management and succession planning
- Prioritise the work and conduct investigation with due diligence on all the discrepancies.
- Manage staff to take corrective measures/actions.
- Delegating the tasks to the Senior Managers and other team members.
- Ensure all the necessary training is been provided to the team members to perform the relevant tasks.
- About 10+ years of Audit, Control, Risk or similar experience, in banking industry preferred
- Knowledge of specific BNP Paribas/Securities Services Control processes and tools
- Process to maintain and update Key/Standard Operating Procedures
- Continue to ensure sufficient Risk & Control process are in place
- Continually working towards process improvements and efficiency savings and optimisation of costs
Technical & Behavioral Competencies- Overall 15 years plus experience with at least 10 years+ in FA Domain
- End to End exposure in Fund Accounting Stream with knowledge of Mutual Fund, Pension Fund, Hedge Fund Accounting
- Basic knowledge of upstream teams like Middle office, Pricing, Corporate Action, TA etc.
- Interest and Experience in FA Operational Transformation
- Business Migration Expertise
- Must have handled Business Continuity Exercises
- Resources Hiring and Training Skill
- Internal and External Audit Management
- Re-engineering of Legacy Processes
- 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 looks for ways to improve services and processes.
- Be able to adapt to markets and clients evolution.
Skills Referential
BehaviouralSkills:
Ability to collaborate / Teamwork
Decision Making
Client focused
Ability to deliver / Results driven
Transversal Skills:
Ability to manage a project
Ability to understand, explain and support change
Analytical Ability
Ability to develop others & improve their skills
Ability to develop and leverage networks
Education Level:
Master Degree or equivalent
Experience Level
At least 15 years.