BNP Paribas CIB, a subsidiary of the BNP Paribas group, is one of Europe's leading providers of custody services for securities.
The Luxembourg branch plays a major part in its operations, offering clients high value-added services extending from custody to securities lending, fund administration, performance measurement and ratings, and bond issuance services.
To support its current growth, BNP Paribas CIB is looking for a:
Private Capital Safekeeping Analyst (M/F) - CDI
Within a dedicated team of the Private Capital department, acting as Safekeeper of Private Capital assets and being fully integrated into the Net Asset Value calculation process, you will be in charge of :
· Maintenance of the portfolio of Private Capital entities on a lookthrough basis (Recordkeeping) by:
o Gathering and analysing the supporting documentation received for each portfolio transaction
o Reconciling cash movements with portfolio transactions
o Recording the portfolio transaction into the FIA software (Efront)
o Ensuring a strong understanding of the impact of the portfolio transaction recorded in FIA on the entity’s Net Asset Value, which is also caculated in FIA
o Producing periodical portfolio reports to be shared with clients and Fund Administration teams
· Reconciliation of the positions held in the portfolio of the Private Capital entities with external documentation on a lookthrough basis at least once a year (Ownership Verification) and production of the Asset Inventory for the annual statutory audits of the entity
· Providing quality assurance and maintaining constant communication with the client for documentation collection, cash flow management, and portfolio sharing
· Providing support to the Fund Administration teams and auditors in order to anticipate the impact on their respective duties
· Assistance in the development of internal tools and automations
Benefits of this position
: By joining this evolving team, you will be given a broad scope of responsabilities that directly impact the operations of BNP’s Private Capital clients. You will also be fully involved in the development of the new services BNP is developing and implementing.
Working environment
You will be joining a young, diverse, and international team of professionals dedicated to constantly innovating the services provided to Private Capital Clients
Your profile
: Dynamic professional with experience in depositary and/or accounting in the business of Private Capital in Luxembourg.
Education:
Master’s Degree (>=5 years)
Professional Experience
At least 2 years in a Depositary, AIFM, Management Company, Administrator, or Audit firm (Solely for Private Capital Funds)
Behavioural Skills
Ability to collaborate / Teamwork
Decision Making
Personal Impact / ability to influence
Attention to detail / rigor
Organizational skills
Adaptability
Ability to deliver / Results driven
Active listening
Communication skills - oral & written
Client focused
Ability to share / pass on knowledge
Critical thinking
Ability to synthetize / simplify
Creativity & Innovation / Problem solving
Resilience
Proactivity
Transversal Skills
Ability to understand, explain and support change
Analytical approach to projects
Project management
Ability to develop and adapt a process
Ability to anticipate business / strategic evolution
Ability to inspire others & generate people’s commitment
Ability to develop others & improve their skills
Technical Skills
Excellent understanding of Private Capital Funds services in Luxembourg
Expertise in appropriate areas (Depositary, Accounting, Legal...)
IT Skills: Excel, eFront Invest would be a strong asset
Language Skills
Fluent in English – Any other language is considered as an advantage.
Criminal Record :
During the finalization of the recruitment process, the preselected candidate will be asked to provide us an extract from his/her criminal record dated less than 3 months (record N°3 for Luxembourg), according to the dispositions of the law from July 23 2016 concerning the criminal record.
