About BNP Paribas Group:
BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.
About BNP Paribas Solutions Philippines Branch:
Established in 2024, BNP Paribas Solutions Philippines Branch is a branch of BNP Paribas Group, a leading bank in Europe with an international reach. We provide support services, back-office operations services related to or which further the accomplishment of the corporation’s investment services, banking transaction processing, and equity investment.
Commitment to Diversity and Inclusion
At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.
Position Purpose:
Private Capital Loan Solutions plays a critical role in the Private Capital team. The role will require technical expertise in processing and reviewing functions with respect to PC Loan Administration services delivered to BNP Paribas client base.
The role is responsible for the service delivery of Private Capital loan administration and will include the provision of technical expertise for all middle office and back-office activities. This role will focus on the delivery of daily activities for PC assets, but also support onboarding and transitions, as well as business change projects and business improvements, to ensure a consistent and robust operating model.
Missions
· Understand our clients’ needs and assist Fund Managers and Agents in the context of the asset data maintenance
· On-board new transactions: Portfolio / Asset assessment (the operational risks associated with new transactions based on the documentation)
· Perform IT testing end to end with new business requirements
· Maintain daily the loan administration tool with portfolio activities
· Contribute to SLA writing / update
· Perform a daily production work with the collaboration of internal and external teams (Asset Manager, Loan/ Facility agent, Fund Administrator, Custodian, Cash team, Depositary etc.…)
· Establish operational procedures & checklist and provide recommendations if need be
· Fulfil all requirements as set in the control framework
· Ensure a seamless work process with regional team
· Perform asset documentation reviews
· Contribute to the implementation of new IT Projects (business needs / UAT)
Responsibilities
Direct Responsibilities:
The operational responsibility will include the review and delivery of the following activities:
· Review documentation and assess operation structure to understand the purpose of the deal and its related point of attention
· Review asset documentation to capture relevant data into Loan Administration system
· Review all fee structure for each investment
· Setup the Loan Administration system in accordance with the asset documentation
· Produce and maintain any operational database to fulfil Loan administration duties
· Provide and assist international offshoring center for data input & static data in Loan Administration system
· Set up in Loan Administration system the relevant report (including via Crystal report) to be sent to third parties such as Fund administrator or Asset Managers
Contributing Responsibilities
Manage and follow up existing transactions
· Perform cash & portfolio reconciliation
· Monitor asset restructuration and its impact (on cost, accrual, new entries etc....)
· Perform maintenance on assets: cash interest, PIK, fee (commitment, arrangement, participation)
· Update Loan Administration system and manage notices
· Produce report (Crystal, Month-end, KRI, etc....)
· Ensure that the cut-off times (operational & contractual) are respected
· Follow up and solve anomalies (Internal & external)
· Follow up payment /receivables
· Update operational Memo
Technical & Behavioral Competencies
Behavioral Skills:
· Ability to collaborate / teamwork
· Brainstorm in group to define the best course of action.
· Allocate tasks according to the group decision.
· Accuracy
· Implement preventive actions to avoid issues.
· Follow up on to do list for the team.
· Ability to deliver on time / Results driven
· Ensure to meet the agreed deadline.
· Ensure that the outcome is always in line with the agreed expectation.
· Client focus
· Ensure to achieve internal and external client satisfaction.
· Understand clients’ issues and propose solutions.
· Problem solving skills
· Review and analyze different aspects related to a topic in a critical manner.
· Make appropriate decisions bases on the analysis.
· Proactivity
· Undertake the relevant measures within the best timing.
· Access action to perform ahead any issue
Transversal Skills:
· Ability to understand, explain and support change
· Ensure timely analysis
· Provide with clear communication to stakeholders
· Ability to manage a project
· Set priorities and adapt them when needed.
· Action methodical monitor progress by coordinating activities and allocate resources efficiently.
· Ability to develop and adapt a process
· Modify any operational process to mitigate risk and/or gain efficiency
Technical skills:
· Advanced Excel knowledge
· Not mandatory: Sentry System, E-Front FIA, Hiport
Experience and Specific Qualifications:
· Master’s degree
· Relevant experience (2-3 years) in alternative investment, Management Company, administrator, or audit firm (solely for Private Capital funds).
· Related alternative investment experience (Private debt / loans) within the financial services industry preferred
· Fluent in English mandatory
