The bank for a changing world

We are looking for

Manager - Fund Owners (12 month FTC)

Apply REF: FUN000533


BNP Paribas Securities Services is a multi-asset servicing specialist with local expertise in 35 markets around the world and a global reach covering 90+ markets. This extensive network enables us to provide our institutional investor clients with the connectivity and local knowledge they need to navigate change in a fast-moving world.


As of 30 September 2019, BNP Paribas Securities Services had USD 11.491 trillion in assets under custody, USD 2.759 trillion in assets under administration and 10,491 funds administered.



The Role



We are looking to recruit a Manager on a 12 month fixed term contract to join our Fund Owners team. They will be responsible for managing the evolution of the Fund Owners model for open ended funds, building a high performing team through an open feedback culture and driving continuous improvement and innovation within fund owners processes with a specific focus on digital solutions.


As part of the Fund Owners management team they will also work to define and implement future strategies within Fund Owners.




The Team




The Fund Accounting Department is comprised of a number of different functions responsible for Daily Net Asset Value (NAV) Production, taxation, effective yield accounting and for  Statutory and Financial Statements reporting services for a range of fund types including UK Open ended Investment Companies, a Property authorised investment fund, Unit Trusts, UK administered Luxembourg SICAVs and life & pension funds.


The Fund Owners teams within the UK Fund Accounting department act as the guardians of all UK open ended funds responsible for the NAV control framework to ensure timeliness and accuracy of external NAV service delivery to all UK clients. A further key output from the fund owner teams is validated fund trial balance data to ensure smooth transition to the financial reporting production process and provision of data to external auditors & trustees.




Key Responsibilities



Management Responsibilities


  • Managing a team of three direct reports and circa 20 indirect

  • Performing regular 1-2-1s and team meetings

  • Coach, develop and train staff to maximise performance

  • Succession planning

  • Oversee T&C regime of your team and ensure adherence to company policy

  • Conduct interim and annual appraisals

  • Absence and poor performance management

  • Manage high performance and provide career support to team members

  • Ensure adherence to HR policies and guidelines by the team

  • Adhere to UK management charter

  • Responsibility for staff recruitment

    Operational Excellence, Risk and Control

  • Responsible for ensuring all client KPI’s and service delivery commitments are being met.

  • Responsible for ensuring client and internal change is implemented with no detrimental impact to client service delivery.

  • Proactively review team processes to drive continuous improvement and efficiencies whilst also mitigating risks.

  • Ensure all processes are adequately documented within procedures and maintained.

  • Embed a strong risk and control culture within the team and adhere to the risk management framework.

  • Regularly assess risks within the team and ensure controls are working effectively, minimising control failings and corresponding actions.

  • Responsible for ensuring complete, accurate and timely error reporting ensuring preventative actions are suitably implemented.

  • Closure of actions following incidents, audits and reviews.

  • Management of the business continuity plan ensuring familiarisation within the team.

  • Responsibility for team efficiency, productivity and capacity management.

    Risk-Aware Entrepreneurship

  • Management point of contact for clients, auditors, trustees, custodians and other departments within BNP Paribas Securities Services.

  • Develop internal and external client and stakeholder relationships.

  • Plan and manage client, audit, trustee and regulatory visits.

  • Oversight of team service delivery.

  • Ensure corrective and preventative actions are implemented where deadlines and quality standards are at risk.

  • Responsibility for performance and KPI reporting.

    Budget Management

  • Ensure expenditure is within budget and authorising limits unless approved otherwise.


Skills and Experience Required


  • Strong leadership and management skills and experience
  • Ability to lead and motivate a large team and balance directive and supportive leadership styles

  • Effective communicator and ability to articulate complex issues effectively to senior management

  • Stakeholder management skills and client management experience

  • Exceptional organisational skills: prioritising your workload, strong time management and planning skills.

  • Highly computer literate with excellent Word, Presentation and Excel skills essential

  • Ability to work under pressure and meet regular tight deadlines

  • Degree qualification in relevant subject (accounting or finance related)

  • Fund accounting IOC or equivalent qualifications


  • Experience of Open Ended Fund Accounting and / or daily fund valuations

  • Project management and/or business transformation experience

  • Accountancy qualification (ACCA or CA)

As an employee with BNP Paribas Securities Services, we want to make sure that you are rewarded for your commitment. As such, you will be entitled to our award winning benefits package which includes a generous holiday allowance of at least 34 days (including bank holidays), a non-contributory pension of 9%, private healthcare and GP service all as standard, along with a number of personal insurances such as income protection, life assurance and personal accident insurance. We believe in ensuring all our employees have a positive work life balance and so in addition to the core benefits you will also have access  to a variety of flexible lifestyle benefits including dental cover, childcare vouchers, cycle to work schemes, season ticket loans and reduced cinema and gym membership to name a few.





Please note that we are unable to progress applications at this time from candidates who require sponsorship under a Tier 2 General Visa. The role does not meet the required skill level for us to issue a Certificate of Sponsorship under Tier 2.

Primary Location: GB-SCO-GlasgowJob Type: Fixed TermJob: OPERATION PROCESSINGEducation Level: Not indicatedSchedule: Full-time Behavioural competency: Ability to collaborate / Teamwork, Resilience, 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, Decision MakingTransversal competency: Ability to understand, explain and support change, Analytical Ability, Ability to manage a project, Ability to develop and adapt a process , Ability to manage / facilitate a meeting, seminar, committee, training…, Ability to inspire others & generate people's commitment, Ability to develop others & improve their skills, Ability to develop and leverage networks, Ability to set up relevant performance indicators, Ability to anticipate business / strategic evolutionReference: FUN000533