We are looking for

Manager - Managed Funds (12 month contract)

Apply REF: C D000413

Position Purpose

The Managed Funds team sits within the Operations Division of BNP Paribas Securities Services. They are dedicated to providing a Premier level of service to clients which invest in Managed Funds and unlisted and non-exchange traded investment schemes.

The Managed Funds team is responsible for end to end processes for Managed Funds Investments. This broadly covers the following areas:

  • Responsibility for the execution of trade instructions to market in a timely and correct manner on behalf of the Company’s clients
  • Ensuring timely settlement of all trades in the market
  • Ensuring systems are updated in a timely manner for all client and fund manager driven transactions
  • Reconciliation of cash, transactions, pricing and units
  • Sourcing and updating unit prices for unlisted assets
  • Capturing and processing all periodic Corporate Action activities
  • responding professionally and proactively to any queries from external or internal clients.

Summary of the Role

The Manager is responsible for managing the Managed Funds team and its functions. The manager is required to ensure the effective management of the end to end requirements of the Managed Funds function, resources, systems and team.

The functions includes the below but not limited:

    • Support team initiatives and staff development
    • Reduce errors and mitigate risks within the function
    • Increase efficiency within the operational aspects to ensure scale and scope within the function
    • Build effective and long term partnerships within the business
    • Management of expenses and supporting the revenue side for the Managed Funds service
    • Ensure clients receive a high level of satisfaction in regards to Managed Funds and BNP Paribas
    • Provide MIS for senior management to support the future development
    • Support senior management
    • Providing sales information (RFP’s / RFI’s) to assist the Bank with winning and maintaining clients.
  • Operational objectives includes the below but not limited:
    • Support the execution of new clients and funds – ensuring a efficient and high standard of service client and internal systems
    • Trade execution and settlement
    • Asset Service functions
    • Pricing, distribution and corporate actions
    • Vendor management
    • Business and market partnerships


The manager is responsible for the following but not limited to:

  • The Managed Funds teams standard of high skills, training, knowledge and professionalism
  • Managing a high quality of service and satisfaction with the Banks clients
  • Ensuring that staff and the bank have effective compliance and risk reviews and actions to mitigate risk for the firm
  • For ensuring compliance within BNP Paribas, local and global regulations and market standards
  • Effective partnerships with the BNP Paribas departments domestically and globally
  • Effective partnerships with the BNP Paribas vendors and market participants
  • Management, review and sign off of any operational changes and developments
  • Driving the business through competitive advantages, best practices, market standards and effective developments
  • Effective escalation at all levels of the bank
  • Contribute to the effective development and promotion of the BNP Paribas brand
  • Providing information and MIS to assist senior management with strategical developments and planning

Technical & Behavioural Competencies:

  • Advanced skills in Microsoft Office products (Excel, Word, PowerPoint and Outlook)
  • Accounting platform (Hi-Portfolio)

Specific Qualifications:

  • Minimum of 10 years work related experience in the financial services industry.
  • Advanced knowledge of Alternative Investments with regards to:
    • Understanding market and regulatory requirements
    • Investment and fund operations
    • Current and future product requirements
    • Platforms and systems (accounting, custody and pricing)
    • Custody and treasury operational requirements
    • Accounting treatment and developments
    • Tax understanding and reporting
    • A minimum of 8 years’ experience in Managing  staff
  • Having a degree qualified in Business, Accounting or related discipline; or relevant work experience in a similar role would be highly regarded
  • Having market related qualifications such as CPA, CFA or FINSIA qualifications would be highly regarded
Primary Location: AU-NSW-SydneyJob Type: Fixed TermJob: OPERATION PROCESSINGEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: At least 10 years Reference: C D000413