BNP Paribas Hiring for Associate Level 1- Hedge Fund Services at Chennai, Tamil Nadu Full Time

Job Description

Job Title:
Associate Level 1

Date:
Department:
IFSO

Location:
Mumbai/Chennai

Business Line / Function:
HFS

Reports to:
(Direct)

Assistant Manager

Grade:
(if applicable)

(Functional)

Number of Direct Reports:
NA

Directorship / Registration:
Position Purpose

Independent delivery of accurate and timely NAVs for hedge funds.

Responsibilities

Direct Responsibilities

Independent delivery of accurate and timely NAVs for hedge funds – with extremely high volume or / and very high complexity (having equities, bonds, future, options, CDS, EQS, etc. as holdings) by completing all of the following processes:

Cash and position reconciliation (accounting vs PB and 3 way); with resolution of breaks

Income reconciliation (dividends and interest)

Manual Pricing and Pricing review

P&L review and Tolerance checks

Fees accrual, management and performance fee calculation and booking

Capital bookings and reconciliation with Investor services system reports

TB tie out and compiling NAV pack

Could be required to review simpler hedge fund NAVs

Contributing Responsibilities

Delivery on audit requests and resolution of all queries on a timely basis

Participation in system development projects, process change projects, etc.

Ensure appropriate checks and procedures are followed to maintain high quality deliverables and to avoid internal audit and ISAE findings

Compliance with all internal organizational and business policies

Troubleshoot issues of other team members and mentor / coach / buddy them

Technical & Behavioral Competencies

Strong hedge fund accounting or hedge fund reconciliation experience (understanding of process and business required).

Should have deep working knowledge of asset classes like equities, bonds, futures, options and swaps i.e. how they operate in real world.

Experience on Advent Geneva system would be preferred – an added advantage.

Decent experience on Microsoft Excel – Pivots, financial functions, etc.

Specific Qualifications

Post-Graduation in Finance (Graduate in Accounting with courses in capital markets may also apply)

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Communication skills – oral & written

Ability to collaborate / Teamwork

Adaptability

Active listening

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

Ability to develop and leverage networks

Ability to anticipate business / strategic evolution

Ability to manage / facilitate a meeting, seminar, committee, training…

Education Level:
Master Degree or equivalent

Experience Level

At least 1 years

Other/Specific Qualifications (if required)

Primary Location: IN-TN-Chennai

Job Type: Standard / Permanent

Job: OPERATION PROCESSING

Education Level: Bachelor Degree or equivalent (>= 3 years)

Experience Level: At least 1 year

Schedule: Full-time