Assistant Vice President - Hedge Fund Administration

POSITION OVERVIEW

The role requires very strong Organizational skills. In this role individual would be expected to have full understanding of process and control and to be involved in production as preparer/ reviewer of funds .Daily Operations (Delivery of Daily Net Asset value of Mutual funds) & People Management. Need to have ownership to support enhanced productivity by 5 % plus efficiency to manage more business with same or less workforce

JOB RESPONSIBILITIES

• Candidate will be accountable to create appropriate mindset across team to follow conduct and compliance protocols with zero breaches.
• Candidate will be expected to work closely with the teams within FA & other satellite teams.
• Solid technical understanding of Fund Accounting / Fund Services functions and across fund structures is expected. Anticipation of issue and risk assessment would be key and timely escalating to appropriate team/ escalation contact would be expected.
• Ensure audit protocols are followed by the team. Perform periodic independent control to ensure adherence. Identify proactively, control gaps and take mitigating steps. Act as SPOC during audit period.
• Ensure incident management protocol is followed by self and the team. Ensure procedures are in place to effectively deal with exceptions and that they are reviewed, researched, documented and resolved in a timely manner.
• Demonstration of commitment to ensure continuous process improvement to achieve efficiency targets.
• should be having periodical connect/ meetings with team and ensure communication calendar is followed

Contributing Responsibilities

• Direct involvement in integrating new business & activities that will be transferred from other 2S locations in line with ERS strategy.
• Ensure high level of communication network is established will all the departments within the business group to promote team stability with enhancement of expertise.
• Ensure that, client issues/concerns are addressed and resolved within the agreed timelines. Client service review score card should be well maintained and aim to be 4 or above
• Defining the Key Performance Indicators for the process and achieving the same on a regular basis.
• Continue to develop a strong layer of Middle management and succession planning.
• Priorities the work and conduct investigation with due diligence on all the discrepancies.

REQUIRED EDUCATION, SKILLS AND EXPERIENCE (MUST‑HAVE)

• Graduates / Postgraduates (M. Com/MBA Finance preferred) with overall 12+ years plus experience with at least 10 years+ in FA Domain
• End to End exposure in Fund Accounting Stream with knowledge of Mutual funds accounting.
• Aware of the entire NAV cycle and roles played by different upstream teams. Basic knowledge of upstream teams like Middle office, Pricing, Corporate Action, TA etc.
• Interest and Experience in FA Operational Transformation
• Continue to ensure sufficient Risk & Control process are in place and continually working towards process improvements and efficiency savings and optimisation of costs
• Having proper contingency planning during BCP
• Candidate should have experience People management, with a proven track record of leading and supervising teams

PREFERRED EDUCATION, SKILLS AND EXPERIENCE (NICE‑TO‑HAVE)

• Expertise Knowledge of Fund Accounting business and NAV cycle
• Ability to inspire others & generate people's commitment
• Ability to understand, explain and support change and Analytical Ability
• Manage and reduce operational risk

About BNP Paribas India Solutions

BNP Paribas India Solutions, a wholly‑owned subsidiary of BNP Paribas SA, operates 24 × 7 delivery centers in Bengaluru, Chennai and Mumbai. With more than 10 000 professionals, we support the Group's Corporate & Institutional Banking, Investment Solutions and Retail Banking businesses worldwide.

BNP Paribas is an equal‑opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Skills Required
People Management, Fund Accounting, Risk Control, operational transformation