Assistant Vice President -HFS

Job Title: Assistant Vice President

Department: ISPL-2S

About Business line/Function: Hedge Fund Services (HFS)

Position Purpose: Independent delivery of the following activities accurately and in timely manner for Hedge funds administrator.

Responsibilities

Direct Responsibilities

• Candidate will be expected to run the operational areas on a day-to-day basis for team
• The role requires good Organizational and People Management skills
• Having 1-1 with the team members
• Demonstration of commitment to continuous process improvement is required.
• The position interfaces with other Senior Managers, Business Analysts, Business Managers, Relationship Managers, Clients and other Securities Services Offices in Europe and Asia.
• Adhere to policy of risk and control
• Ensure all Audits are managed properly, and zero findings reported.
• Ensure procedures are in place to effectively deal with exceptions and that they are reviewed, researched, documented, and resolved in a timely manner.
• Ensure all the necessary training has been provided to the team members to perform the relevant tasks.
• Strictly adhere to Key Performance Indicators for the process and achieving the same on a regular basis.
• Closely work with businesses to achieve the management objectives set for the business
• Prepare monthly reports on the team's performance and present them to Management.
• Solid technical understanding of Fund Accounting / Fund Services functions is expected.
  
  

Contributing Responsibilities

• Direct involvement in integrating new business & actives that will be transferred from other locations
• Develop strong working relationships with a network of counterparts in other Securities Services Locations and senior Management.
• Working on work allocation, having complete oversight
• Good communication
• Ensure all the deliveries of the process are met and maintained as per the service agreement.
• Defining the Key Performance Indicators for the process and achieving the same on a regular basis.
• Ensuring the delivery of quality services to clients with consistent green KPIs
• Manage staff to take corrective measures/actions.
• Having proper contingency planning during BCP
• Aligning with organization goals
• Knowledge of specific BNP Paribas/Securities Services Control processes and tools
  
  

BCP Responsibilities

• Acts on behalf of, and by delegation of Department head who remain fully responsible for the department BC Plans.
• Responsible for designing, maintaining, and organising BCM documentations (BIA, BC Plan, Call Tree list etc.) and testing of BC Plans and solutions (BCP testing, Call tree testing, participation in various level BCP & DR testing)
• Provide business data for analysis, design and testing stages of BC Plan
• Alerting the BCM team of any business continuity incident with potential impact to business.
• Organizing an appropriate business response for your department upon confirmed crisis scenario by mobilizing the recovery teams and communicating relevant instructions and providing regular status updates on business recovery to the BC Manager.
  
  

Technical & Behavioral Competencies

• Strong hedge fund accounting and hedge fund reconciliation experience (understanding of process and business required).
• Overall, 12+ years experience with at least 10 years+ in FA Domain
• End to End exposure in Fund Accounting Stream with knowledge of Hedge Fund Accounting, Pension Funds, etc.
• Basic knowledge of upstream teams like Middle office, Pricing, Corporate Action, TA etc.
• Interest and Experience in FA Operational Transformation
• Business Migration Expertise
• Must have handled Business Continuity Exercises
• Resources Hiring and Training Skill
• Internal and External Audit Management
• Re-engineering of Legacy Processes
• Adequate understanding of FA System Data Flow
• Be able to express ideas effectively in individual and group situations
• Ability to work in an organized manner.
• Generate creative solutions to problems.
• Always looks for ways to improve services and processes.
• Knowledge about Financial Instrument like Equities, Bonds, Futures, Options, Swaps, and ABS.
• Should have decent knowledge about Bloomberg, IDC & Reuters
• Should have decent knowledge about Excel – Pivots, financial functions
• Should have decent communication
• Working knowledge of Advent Geneva is added advantage
  
  

Specific Qualifications

Graduates / Postgraduates: M.Com / PGDBM / MBA Finance preferred, NCFM Certified

Relevant years of experience: At least 10 years min.

• Client Focus - Complete commitment to provide professional, intelligent and timely responses to our clients needs and to changes in the market.
• 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. Use professional, appropriate language always, and adhere to the use of the BNPP Email Protocols.
• Team Management - Effectively manage team members to accomplish goals, respect the needs of others and displays integrity in dealing with team members. Provide timely feedback on the performance of the individual and document the same. Work on skill development through training. Perform frequent skill development analysis for everyone.
• Continuous Improvement and adaptation - Generate creative solutions to problems, Ability to plan work ahead and to prioritize workload in an organized manner. Always look for ways to improve services and processes.
  
  

Transversal Skills

Skills Referential (Required knowledge, skills and abilities)

• Analytical Ability
• Ability to develop and adapt a process
• Ability to understand, explain and support change
• Ability to develop and leverage networks
• Ability to inspire others & generate people's commitment
  
  

Behavioral Skills

• Client focused
• Communication skills - oral & written
• Ability to collaborate / Teamwork
• Ability to deliver / Results driven
  
  

Other/Specific Qualifications: Exposure to global colleagues, clients and teams preferred. Develop a strong working relationship with global offices is key.

Education Level: Master's degree or equivalent

Location: Mumbai/Chennai

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, 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 Group's 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 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 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.