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Job Title: VP- Fund Accounting
Department: ISO
About Business line/Function: Fund Accounting/Administration
Position Purpose: Fund Accounting operation / production
Responsibilities: Daily Operations (Delivery of Daily Net Asset value of Mutual funds) & People Management
Direct Responsibilities
· Need to have ownership to support enhanced productivity by 5 % plus productivity to handle more business with same or less workforce.
· Person will be accountable to create appropriate mindset throughout team to follow conduct and compliance protocols with zero breaches.
· Strictly adhere to Core Performance Indicators for the process and achieving the same on a regular basis.
· Ensure procedures are in place to efficiently deal with exceptions and that they are reviewed, researched, documented and resolved in a timely manner.
· Effective and Robust Communication Skill required for this Management post. Applicant should be able to challenge any client specific customisations
· He/ She should be running customer relationships & speaking to stake holder management independently
· Secure all Audits are managed properly and zero findings reported.
· Ensure all the documentation is in place w.r.t Risk mitigation and Control.
· Guarantee all the deliverables of the process are met and timeliness/quality maintained as per the service agreement.
· Person will be accountable for handling team.
· He/ She should participate in performance evaluation and Appraisal process
· He/ She should be having periodical connect/ meetings with team and ensure communication calendar is followed
· He/ She should be accountable for the Succession planning and training needs of team
· Secure team is motivated by following a sound Rewards & Recognition culture.
· Oversee Hiring expectations of the team.
· Lead / Participate and encourage team to participate in different CSR and engagement activities / initiatives of the department / Group
· Fostering a positive and engaging team environment, with the capacity to motivate and retain team members
Contributing Responsibilities
· Direct involvement in integrating new business & activities that will be transferred from other 2S locations in line with extreme risk scenario strategy.
· Create sound working relationships with a network of counterparts in other Securities Services Locations and senior Management.
· Guarantee high level of communication network is established will all the departments within the business group to promote team stability with enhancement of expertise.
· See to it that, client organisation issues/concerns are addressed and resolved within the agreed timelines. Customer service review score card should be well maintained and aim to be 4 or above
· Secure high level of service has been delivered to the Client organisations of BNP Paribas Group.
· Defining the Main Performance Indicators for the process and achieving the same on a regular basis.
· Handle and reduce operational risk
· Continue to shape a solid layer of Middle management and succession planning.
· Prioritise the work and conduct investigation with due diligence on all the discrepancies.
· Handle staff to take corrective measures/actions.
· Must have handled Business Continuity Exercises
· Ensure all the necessary training has been provided to the team members to carry out the relevant tasks.
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 know-how of Mutual funds accounting.
· Aware of the entire NAV cycle and roles played by different upstream teams. Basic grasp of upstream teams like Middle office, Pricing, Corporate Action, TA etc.
· Interest and Background in FA Operational Transformation
· Know-how of specific BNP Paribas/Securities Services Control processes and tools
· Continue to ensure sufficient Risk & Control process are in place
· Continually working towards process improvements and productivity savings and optimisation of costs
· Having proper contingency planning during BCP
· Aligning with organization goals
· Business Migration Expertise
· Adequate understanding of FA System Data Flow
· Be able to express ideas successfully in individual and group situations
· Resources Hiring and Training Skill
· Internal and External Audit Management
· Person should have experience People management, with a proven track record of leading and supervising teams
· Exposure to implementation of artificial intelligence tools to support high productivity
· The applicant should uphold high level of compliance on conduct topics
Specific Qualifications:
Graduates / Postgraduates (M. Com/MBA Finance preferred)
Competencies Referential (Required grasp, capabilities and abilities)
Technical & Transversal Competencies:
Behavioral Abilities:
Education Level: Master’s degree or equivalent
Location: Mumbai
Experience level: At least 15 years
About BNP Paribas Group:
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, such as more than 145,000 in Europe. The Group has core positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses among them BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional customers. Based on its robust diversified and integrated model, the Group helps all its client organisations (individuals, community associations, entrepreneurs, SMEs, corporates and institutional customers) 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 over 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 solid 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, empowering it to contribute to the construction of a sustainable future, while ensuring the Group's 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 Union’s 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 throughout the Group. Driving innovation and development, we are harnessing the potential of over 10000 employees, to give support and build 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 opening 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 customers and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is core to our success in serving our client organisations Group. Driving innovation and expansion, we are harnessing the potential of over 10000 employees, to deliver support and shape 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 chance 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 core to our success in serving our client organisations and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is main to our success in serving our clients and the communities we operate in.
This Vice President- Fund Accounting vacancy is based in Mumbai.
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 0-5 Years years of relevant experience expected for this role.
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Vice President- Fund Accounting at BNP Paribas.
This role requires around 0-5 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
You can apply directly using the Apply Now button on this page, which will take you to BNP Paribas's application process for this role.