Assistant Vice President - Fund Accounting

15 - 20 years

45 - 60 Lacs

Posted:1 week ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Position Purpose

This 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.

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BNP Paribas

Banking

Paris London

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