Job Title: AVP Fund Accounting
Business Unit: AI Fund Accounting
Contract Type: Permanent
Location: Sandyford, Dublin (Hybrid)
Why work with us?
We are the bank for a changing world and we aim to build positive change together:
- We are a team of colleagues who are enthusiastic about what we do and the impact our work has on our clients. We work in a highly collaborative, open-minded environment that embraces innovation and creativity
- We offer competitive remuneration and a comprehensive benefits package, including a discretionary bonus scheme, company pension contribution, comprehensive private healthcare packages, health and fitness subsidy, work-from-home subsidy, above statutory days of annual leave and numerous other benefits.
- We are strongly committed to wellbeing and work-life balance, including a 50% hybrid work model (where the role allows), paid family leave, fertility and menopause support — available to support all life stage needs.
- Equality, diversity and inclusion are at the core of our culture, and we actively promote equal opportunities through creating or being part of initiatives and programmes:
- Aspire Female Leadership Programme, provides development and exposure to high-potential women in the bank, through targeted workshops, executive coaching and formal mentoring
- Proud members of 100 Women in Finance and among the first signatories of Ireland’s Women in Finance charter
- Joined the #JamaisSansElles (Never Without Her) Charter, committing its executive committee to only join public or media events with panels of three or more speakers, if at least one of those speakers is a woman
- Development and mobility are actively encouraged. BNP Paribas’ culture is built on purposeful talent development and recognition programmes that foster engagement, inclusive leadership and continuous growth. A few of our programmes include:
- Leaders for Tomorrow, a programme that fast-tracks high-potential talent through training, development and cross-functional projects, preparing them for future leadership positions
- Local and Global Mentoring initiatives, that pair employees with senior leaders, providing staff with platforms to gain advice on career growth topics
- Ambassador Awards employee recognition scheme provides rewards to those who have embodied the Bank’s core values
- Local Experts (Champions) Programme, identifying internal subject-matter experts from specific business areas, who excel at their craft
- We are a global company operating in over 60 countries with over 180,000 employees from over 150 nationalities. In Ireland we have approximately 550 employees across Dublin and Galway, working in Corporate Institutional Banking (CIB) and BNP Paribas Security Services (BP2S) and Greenval
Equality and Diversity
BNP Paribas is an equal opportunities employer and proudly cultivates a diverse workforce. We believe that diversity of experience enhances our service offering to clients and leads to a better working environment. We welcome applications from the best candidates regardless of age, ethnicity, gender, gender identity, nationality, disability, sexual orientation, socio-economic background, parental and caring status, or religious belief.
Our Employee Resource Groups (ERGs) play a key role in promoting diversity and inclusion through initiatives, events and advocacy programmes that foster a sense of belonging for all colleagues. In BNP Paribas Ireland, we have dedicated networks for parents and caregivers, LGBTQA+, staff from diverse cultural and religious backgrounds, alongside forums to discuss CSR and gender related topics.
Sustainable Finance
BNP continues to demonstrate the Bank’s steadfast commitment to supporting its clients in their growth ambitions by expanding market reach across assets, delivering excellence in bond markets, and showing the way in sustainable financing.
Role
The Accounting and Valuation team (A&V) is responsible for overall production of the Net Asset valuation for both single manager and fund of hedge fund clients. The A&V team produces daily, weekly and monthly valuations for clients in adherence to HFS client service level agreements. The team independently reconciles, reviews and reports on trades, positions, cash and prices, controls general ledger postings and the final NAV review sign off process. The team maintains the client relationship and therefore frequent client contact is an important part of the groups remit.
Key Responsibilities
- Promote and maintain our high-quality client experience. Understand the needs of our clients, their requirement for accurate and timely reporting coupled with a proactive approach to client relationship management. e
- Maintain collaborative ‘One Team’ approach when dealing colleagues in Offshore International Operating Centres (Chennai, Mumbai and Warsaw)
- Help foster and cultivate a change culture where we strive to provide the highest quality service. As a manager you will help drive new product enhancements, develop best practice and support the build out of capacity and scale within the organization.
- Responsibility for delivery of net asset valuation to a portfolio of both single manager and fund of fund clients in accordance with SLA.
- Review final trial balance and all underlying portfolio information, accruals and expenses on funds to ensure that information on account is up to date and complete.
- Act as signatory for the approval of payments when required in accordance with approved authorisation levels.
- Liaise and work with the Investor Services team to ensure accurate recording of shareholder capital activity within Geneva ensuring full client sign off and NAV reporting of investor activity.
- Analyse and review movements in the NAV, whilst understanding effects of P&L, sidepockets and hedging on shares class NAVs and partner balances.
- Prepare, review and present Administrators reports for inclusion in Board meeting documentation in respect of appropriate funds.
- Recommend opportunities to enhance client focused service delivery where appropriate.
- Act as a point of reference/referral escalation point for colleagues, providing on the job training and coaching facilitation where required.
- Manage team(s) responsibly to ensure that all team members operate efficiently and adhere to internal procedures, SAS70 requirements and HFS best practice and policy.
- Responsible for solving issues and incidents and monitoring delivery of solutions and overall service to client and the wider internal organisation.
Qualifications & Experience required for this role
- Third level qualification with relevant professional qualification desirable.
- 6-7 years’ experience in alternative fund services industry
- Proven experience in acting as a senior point of contact for clients
- Full working knowledge of Single Manager and Fund of Fund NAV preparation and review process.
- Proficiency in use of Advent Geneva and New Transfer Agency System advantageous
- Strong product knowledge with knowledge and exposure to equalisation an advantage.
- Excellent interpersonal skills and proven leaderships qualities
- Attention to detail and organisational skills
About BNP Paribas
At BNP Paribas, we center our values on what drives the company forward. Our driving forces are:
- Agility: we want to behave more simply to embrace useful innovation and digital transformation
- Client Satisfaction: we believe that our success lies in being the customers’ and clients’ preferred choice. We seek to listen carefully to them and work closely with them
- Compliance Culture: We believe in promoting clear rules to foster a strong culture of compliance and ethics
- Openness: We promote open-minded attitudes towards our stakeholders. We aim for everyone in Group to feel included, to have their say and be empowered
Our strengths are based on four key areas:
- Stability: we build upon our solid, long-term oriented management, our diversified and integrated business model and our international footprint
- Expertise: We build upon our recognized and expanding knowledge of our teams
- Responsibility: We build upon our culture of responsibility and integrity to ever better serve the interest of our customers
- Good Place to Work: We foster a stimulating workplace where people are treated fairly and with respect
Management excellence
BNP continues to foster top-class people management practices within our strong people focused culture. BNP Paribas managers follow the Group’s Management Charter, which emphasises a positive, empowering team culture, encouraging open communication and supporting development and wellbeing.
Compliance Culture
We believe in promoting clear rules to foster a strong culture of compliance and ethics. We would expect any incoming member of staff to respect all financial security related legislation, including anti-money laundering (AML); countering the financing of terrorism (CFT); international financial sanctions and embargoes (IFS); anti-bribery and corruption (ABC); KYC; ongoing client related data screening; and transaction monitoring. BNP Paribas have clear policies on these topics which all staff are expected to familiarise themselves with upon successful entry to the Group.
Should you require any reasonable accommodation for the interview process, please let us know.
By submitting your application, you agree to BNP Paribas completing a background check and screening in advance of any potential offer being made.
