The bank for a changing world

Change Fund Accountant - 12mth FTC


Standard / Permanent



Job function




BNP Paribas Securities Services is a top five global provider of securities services.  Operating across the investment cycle, we provide post-trade administration solutions to buy-side and sell-side financial institutions and issuers. With a local presence across 34 countries and global coverage of over 100 markets, we offer a one-stop shop for all asset classes, both onshore and offshore and across the globe.
**This is a 12 month fixed term contract**

Position Details

Department purpose / objectives
The Open Ended Fund Accounting (OEFA) department provides fund accounting and administration services to asset managers.  This includes statutory and financial statement reporting services for UK Open Ended Investment Companies and Unit Trusts and Luxembourg based SICAV’s.  In addition, the department also supports our NAV Pricing Team on a daily basis.
Purpose of the position:
This role involves planning, testing, and delivering both client and BPSS driven changes and successfully integration into BAU of all OEFA/NAV change programmes
Key Responsibilities:
Responsibilities associated with the role are summarised (but not limited to) those listed below:
  • Review and assessment of change control requests impacting FA/NAV
  • Contribute to planning stages proposing, confirming and agreeing change requirements and method of delivery.
  • Execute agreed client and BPSS changes, fund launches, fund migrations,  mergers, liquidations, new share class launches etc.
  • Work closely with BAU ensuring a seamless delivery to the BAU teams
  • Corrective and preventative actions if deadlines / quality standards are at risk
  • Communication with Clients, Auditors, Trustees, Custodians and other departments within BNP Paribas Securities Services
  • Error reporting and implementation of preventative actions
  • Ensure all significant activities are documented in procedure notes which are kept up-to-date
  • Any ad-hoc projects as agreed with the OEFA Change Control Manager
Key internal stakeholders:  
  • Business Change team - London
  • OEFA Service Delivery Teams
Key external key stakeholders:
  • Clients
  • Fund Auditors
  • Trustee & Depositary
  • BP2S Luxembourg

Skills and Experience required

Competencies required for the role:
  • Experience in financial services administration and accounting is essential
  • Good communication and interpersonal skills
  • Delegation skills
  • Solid numerical skills and accounting knowledge
  • Understanding of open ended fund NAV process
  • Excellent understanding of the principles of unitised fund pricing & cost sheets
  • Strong problem solving skills
  • Time management and planning skills
  • Computer literacy including spreadsheet skills
  • Being responsible, reliable and accountable
Qualifications required for the role:
  • A full accountancy qualification (i.e. CA, ACCA, CIMA) is preferred but not essential.

Equal Opportunities


BNP Paribas promotes equality of opportunity and is committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation.