The Securities Services business of BNP Paribas 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 Succursale de Luxembourg, is looking for a:
E2E CLIENT IMPLEMENTATION PROJECT MANAGER (H/F)
CONTEXT AND CHALLENGES
Within BNP Paribas Luxembourg, Securities Services department, the E2E Client Implementation Project Manager is in charge of ensuring a smooth execution of fund events with all internal and external stakeholders.
WHAT’S YOUR DAY-TO-DAY MISSION?
Being a transversal position within BNPP, this job offers the opportunity to manage fund event projects involving all the services proposed by BNPP such as Fund Accounting, Transfer Agency, Custody, Fund Dealing Services, Depositary, Forex desk, Middle Office for listed securities and OTC, Collateral Management, Clearing of Listed Derivatives, Legal Fund… Client facing is a major component of the position which allows to handle a large variety of interesting and challenging topics.
The type of events under the responsibility of the E2E Business Implementation coordinator encompasses - but is not limited to:
- Launch of new funds/sub-funds Funds
- Funds migrations In or Out
- Sub-funds mergers
- Funds/subfunds liquidations
- Change of fund/sub-fund related party e.g.: investment manager, middle office, management company…)
- Other prospectus changes (e.g.: change of TA cut-off, NAV fund-cycle…)
Involved structures can be under various laws (UCITS, UCI part II, SIF, RAIF, ELTIF) and involve both traditional and alternative/hybrid structures
You will be responsible for the following:
- Be a point of contact for multiple key Clients within BNPP and act as the sponsor of the Client internally
Build a stable relationship with Clients to support key structuring projects
- Manage end to end business operational implementation projects (new (sub-) fund, new share class, migration, merger, liquidation, …) for new and existing Clients
- Maintain an excellent and interactive relationship with internal partners including Client Services, Custody, Product and Transfer Agency
- Manage autonomously directly and indirectly a project team of professionals that work within the implementation team (BI ops) and within other work streams.
- Gather the requirements for any new business (including participation in regular client calls and/or workshops)
- Ensure the completion/execution of all project deliverables (documentation, investigations, actions, …) in collaboration with all relevant stakeholders
- Implement with client the Target Operating Model in collaboration with the project operational team members, and escalate any significant deviation of the Bank’s Standard Operating Model
- Manage internal and external communications with key stakeholders
- Escalate proactively any potential issue to Management
- Maintain on-boarding plans and project logs until Go/No go meetings and hand over to Market specialists and Client support teams
- Actively participate in the continuous improvement of the onboarding process by proposing concrete and pragmatic solutions
- Manage any deviation (“changes”) with Business implementation Operation Project Manager, Business change Manager and IT
MISSIONS ARE IMPORTANT, BUT SO ARE THE TEAM AND THE WORK ENVIRONMENT!
Your working environment
The position, in a team of 11 members actually, is located in Luxembourg (Kirchberg). Teleworking and satellite office compatible.
This team is part of Business Implementation team (45+ people) including E2E project Managers and Operational business project manager.
Benefits of this position?
By joining Business Implementation Department, you will have the opportunity to take the lead on all the transversal topics on the fund event projects with a large number of external and internal stakeholders in an international environment. Very broad pallet of challenging topics with client facing role.
ARE YOU OUR FUTURE (JOB TITLE)?
Professional experience and/or degree
Master’s degree in Finance or equivalent, or significant working experience in the Fund Industry. Fund market knowledge including other regulation for International client guidance if any requirement in their domicile country.
Minimum 10 years of experience within a Financial Securities Service provider or within a management company.
An experience in Operational Project management will be considered an additional asset, as well as technical knowledge on the underlying products.
Behavioural skills
- Ability to collaborate / Teamwork
- Decision Making
- Personal Impact/Ability to Influence
- Adaptability
- Alibity to deliver / Results driven
- Communication Skills - Oral & Written
- Client Focused
- Resilience
- Proactivity
Transversal skills
- Ability to manage a project
- Ability to anticipate business/strategic evolution
- Ability to inspire others & generate people's commitment
- Ability to manage/facilitate a meeting and Steering committee,
Technical skills
- Project Management
- Significant transversal knowledge acquired in senior roles within Fund industry in at least one of the following business lines: FA – TA – Custody with ideally exposure to Fund Dealing, Depositary function, Fund Distribution, Middle Office, FX.
Language skills
Fluent English is mandatory as well as a very good command of French.
In a changing world,
diversity, equity and inclusion are key values for the well-being and
performance of teams. At BNP Paribas, we want to welcome and retain all talents
without distinction: this is how, together, we will build the innovative,
responsible and sustainable finance of tomorrow.
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.