Analyst- Fund Accounting

Job Title: Analyst – Fund Accounting

Department: ISO

About Business line/Function: Fund Accounting

Position Purpose: Fund Accounting operation / production

Responsibilities: Daily Operations (Delivery of Daily Net Asset value of Mutual funds)

Direct Responsibilities

• Analyst will be responsible for preparation of task involved in NAV delivery and reconciliations
• Acquire complete understanding of NAV Calculation & its related functions with various parties involved. For example: Custody, TA, Pricing, Corporate Actions, etc.
• Become a SME (Subject Matter Expert) of the process by acquiring complete knowledge of NAV Calculation Processing across all funds & instrument types.
• Ensure all reconciliation breaks in TA, Cash & Stock are validated and justified for each calculated NAV.
• Ensure NAV calculations are produced in a timely manner as per SLA. Completeness of NAV packs include accurate report generation, timely delivery of reports, document and evidence controls.
• Adhere to Quality & Timeliness as per SLA. Ensure No Material or financial Impact.
• Be proactive in resolving queries and escalate immediately to the supervisor on any issues/queries/escalations.
• Participate in preparation / updation of Key/Standard Operating Procedures for each process and fund/ client specification
• Carrying out other ad-hoc duties may arise from time to time, mainly at month ends & year ends.

Contributing Responsibilities

• Monitor the respective group mailbox and respond quickly to the queries.
• Ensure ISAE 3402 checks are understood and followed. 100% compliance is must for all NAV packs.
• Act as a back-up in the absence of other team members. Manage the leaves appropriately.
• Ensure to minimize the unplanned leaves, especially during business-critical days, like month end, Yearend, rollover days and migration of new funds or BI events
• Should come up with minimum one process improvement/automation initiative per year
• To share the process/product knowledge with fellow team members.
• Ensure Participation in CSR & Other engagement initiatives

• Ability to communicate with others in a clear, articulate fashion.
• Good written and oral communication skills.
• Good listening and questioning ability.
• Be able to express ideas effectively in individual and group situations
• Ability to plan work ahead and to prioritize workload.
• Ability to work in an organized manner.
• Must have attention to detail.
• Generate creative solutions to problems.
• Always look for ways to improve services and processes.
• Be able to adapt to markets and clients evolution.
• Be able to work in shifts as per business requirements
• Knowledge of systems – Multifonds, Hi-Portfolio, Bloomberg etc. and basic Microsoft Office functions is an advantage
• Exposure to implementation of artificial intelligence tools to support high productivity
• The candidate should uphold high level of compliance on conduct topics

Accounting/Commerce

Technical Skills

Skills Referential (Required knowledge, skills and abilities)

• Ability to understand, explain and support change
• Ability to develop and adapt a process
• Ability to develop and leverage networks
• Analytical Ability
• Know how to fund Accounting and NAV cycle

Location: Mumbai/ Chennai

Experience Level: Beginner

About BNP Paribas Group

BNP Paribas is the European Unions 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 Groups 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 Groups 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 Unions 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.