Position Purpose The position will be responsible to setting up security details in accounting platforms or pricing securities via pricing tool to support the Fund Administration team to calculate the NAVs for Funds or processing / monitoring corporate actions based on vendor inputs. Hands-on expertise in managing clients and projects. Manage the work effectively with team members to accomplish common goals. Generate creative solutions to problems, Ability to plan work ahead and to prioritize workload in an organized manner.
Responsibilities
Direct Responsibilities
Pricing:
This team updates the prevailing prices of the securities to enable the fund accountants to ascertain the market value of the securities as a part of fund valuation (NAV/ GAV)
Pricing activity is carried out on different applications for clients across APAC, UK and EMEA regions.
Asset creation:
This team is responsible to setup the reference data of various instruments in the respective accounting platforms. Multiple regions such as APAC, EMEA and UK are supported.
Corporate Action:
This team is responsible to process Dividend and Corporate Action events based on inputs received from multiple vendor sources to enable Fund Accounting teams to record the income / events in portfolios valuated.
Data Management:
The team is responsible for Index, BM and Fund set-up in B-One and Cispeo and also monitor fund and indices acquisition from vendors to ensure that the NAV and Index values are delivered to IADS as per the agreed SLA. Perform L1, L2 and L3 services to the IADS clients.
Basic Requirement
- Knowledge on Capital Markets and knowledge of Security Pricing / asset setup Management/ Index and BM or outsourced Operations
- An understanding of a variety of Instrument types including Equities, Bonds, Unit Trusts
Technical Requirement
- In depth understanding on the system functionalities. The applications we use and data retrieval from vendors.
- Trouble shooting skills set to have smooth BAU.
Contributing Responsibilities
- Process accurate security pricing / Asset Creation / Corporate Action/ Fund, Index and BM creation/ Fund and Index acquisition on a Global basis within given deadlines.
- Interact with both internal and external parties to resolve pricing / Asset creation issues / fund, index acquisition and new set-up and queries.
- Query resolution in accordance with time frames set out in Client SLAs
- Constantly review procedures to keep up to date with the change in process.
- Manage all ad-hoc projects and new initiatives.
- Performing a range of daily, weekly, monthly reportings/ controls to ensure completeness of processing.
- Work with the Vendors and other parties to capture security prices / Asset Creation/ Indices and BMs
- Resolve pricing / Asset Creation / Corporate issues/ fund and index set-up and acquisition in a timely basis.
- Based on the experience, she /he should able to identify the areas for improvements in the process and implement stringent controls and ensure operational excellence.
Client Focus - Complete commitment to provide professional and prompt responses to meet clients requirement.
Communication
Oral:
- Expressing ideas effectively in individual and group situations. Adjusting communication style to match the needs of the audience.
Written:
- Expressing ideas clearly in all written documents. Using professional, appropriate language at all times, and adhering to the use of the BNPP Email protocols.
Team Work - Work effectively with team members to accomplish goals, exhibit high-level of respect to colleagues, display integrity in dealing with team members.
Continuous Improvement and Adaptation - Be innovative, embrace changes, and simplify the comprehensive areas without compromising on quality or timeline. Adapt continuous improvement as a culture.
Primary responsibilities
- BAU Excellence
- Client Focus
- Risk & Controls
- Team Work
- Learning & Development
Technical & Behavioral Competencies - Effective people and client communication
- Innovation and Initiative
- Flexibility & Adaptability
- Integrity, Trust and Fairness
Specific Qualifications (if required) - Graduates / Post Graduates (B.Com/MBA)
- Candidates should be willing and flexible to work in any shifts
