The bank for a changing world

We are looking for

Fund Accountant - European Fund Administration

Apply REF: SEC000694

About BNP Paribas:


BNP Paribas Group


BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 75 countries, with more than 189,000 employees, including more than 146,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.


About BNP Paribas Corporate and Institutional Banking


Fully integrated in the BNP Paribas Group, BNP Paribas Corporate and Institutional Banking (CIB) is a leading provider of solutions to two client franchises: corporates and institutionals, and operates across EMEA (Europe Middle East Africa), APAC (Asia Pacific) and the Americas. The bank is a global leader in Debt Capital Markets and Derivatives. It is a top European house in Equity Capital Markets and it has leading franchises in Specialized Financing. In Securities Services, it is a top five House worldwide. BNP Paribas CIB strives to service the solutions to its clients in financing (ECM, DCM, specialized financing), flow banking (trade finance global economy by providing and cash management), financial advisory (M&A, project finance), global markets (interest rates, credit, foreign exchange, equity derivatives), risk management, and securities services.



Business Overview:



The Transaction (Team) Analyst will be responsible for the processing and control of Security, FX, and OTC trading for European UCIT Funds domiciled in Luxembourg.  It will be his/her responsibility to also support the processing of Net Asset Valuations for European UCITS funds while ensuring full compliance with subjected accounting regulations.




  • Booking of ETD and OTC transactions in Accounting system for investment funds
  • Provide oversight control of Equity, FX, and Fixed Income Trades

  • Perform timely and accurate recording and processing of corporate action and income events

  • NAV impact analysis and justification for more complex vehicles.  Tasks Include:

    • Processing fund transactions (i.e. security trading, investor activity, etc.)

    • Ensuring all income accruals and corporate actions are accounted for and validated

    • Processing of all foreign exchange and derivative contracts

    • Validating price movements of equity and fixed income securities

    • Monitoring cash and security reconciliations on a daily basis

  • Ensure that client Service Level Agreements are applied across all funds

  • Ensure all agreed reporting is completed and sent to clients on a timely basis

  • Continuously improving the further development of Fund Accounting Processes

  • Oversee global projects pertaining to Luxembourg UCIT funds

  • Ownership of the risk management & procedural controls of the group in line with ORP/C & regulatory requirements

  • Responding to ad hoc requests from auditors and accountants

  • Trouble shooting issues that may arise

  • Knowledge expert on Accounting systems and other suite of systems used

  • Review and validate the work of local and global colleagues

Minimum Required Qualifications:

  • Bachelor’s Degree in Accounting, Finance, or Economics MBA a plus
  • Ability to work  U.S. holidays and shift scheduling (6:00 PM End of Day)

Preferred qualifications:

  • 3-5 years of Fund Accounting experience

  • Strong conceptual knowledge of Equity, Fixed Income, and OTC products

  • Ability to write macros and create process improvements in Microsoft Excel

  • Knowledge of US GAAP, IFRS, CPA a plus

  • Working knowledge of data vendors such as Bloomberg, IDC, etc.

  • Willingness to learn new systems, concepts, and processes

  • Strong Initiative and problem-solving skills necessary

FINRA Registrations Required: 

  • None    

Please note, this is a temporary assignment.

Primary Location: US-PA-King of PrussiaJob Type: Contractor/ Via AgencyJob: MISCELLANEOUSEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: BeginnerSchedule: Full-time Behavioural competency: Ability to collaborate / TeamworkTransversal competency: Ability to set up relevant performance indicators