The bank for a changing world

Assistant Vice President - Fund Accounting (NAV)


Standard / Permanent



Job function




Company Background

The Bank

With a presence in over 80 countries and employing over 200,000 staff, BNP Paribas is one of the biggest banks in the world, ranking highly in its three core business areas: Retail Banking, Corporate and Investment Banking and Investment Solutions.

BNP Paribas Securities Services

A wholly-owned subsidiary of the BNP Paribas Group, BNP Paribas Securities Services is a leading global custodian and securities services provider backed by the strength of a universal bank (rated AA- by Standard and Poor’s). It has USD 5,800 billion assets under custody, USD 1,000 billion assets under administration and administers close to 7000 funds. BNP Paribas Securities Services (Securities Services) has a unique multi-local model, servicing both the buy-side (the institutional investors and the fund managers) and sell-side (the broker-dealers community and the banks) with 7,700 employees worldwide representing 92 nationalities, a local presence across 34 countries, 22 proprietary local custody and clearing branches and global coverage of over 100 markets.

Securities Services Chennai Hub

One of the three international operations centers, BNP Paribas Sundaram Global Securities Operations (GSO) provides services to global clients in the Asian region and some “follow-the-sun” activities for European clients. Our services include custody operations, fund accounting, middle office operations, static data management, IRP and other transversal services.

Job summary

Roles & Responsibilities

  • Ensure NAV calculations are produced accurately and in a timely manner
  • Ensure that, client issues/concerns are addressed and resolved with in the agreed timelines.
  • Ensure all the transactions are processed and approved within the timelines.
  • Ensure high level of communication network is established will all the departments within the Business group.
  • Ensure all the documentation is in place w.r.t Risk mitigation and Control.
  • Prioritize the work and conduct investigation with due diligence on all the discrepancies.
  • Manage staff to take corrective measures/actions.
  • Ensure procedures are in place to effectively deal with exceptions and that they are reviewed, researched, documented and resolved in a timely manner.
  • Ensure all the necessary training is been provided to the team members to perform the relevant tasks.
  • Defining the Key Performance Indicators for the process and achieving the same on a regular basis.
  • Consistently evaluate and update documented procedures to ensure they are complete, accurate and current.
  • Preparation of Key/Standard Operating Procedures for each process migrated to Chennai Hub.
  • Ensure all the KOP/SOP are got approved and signed between the locations
  • Collating the data from all the applications and providing valuable inputs to Senior Management.

Job requirements

Number of staff supervised: 50-60

Educational qualifications

Graduation/Post Graduation with specialization in Finance / NCFM Certified

Total years of experience:  12-15 years

Relevant years of experience: 10-12 years

Knowledge and skills required

  • High profile position to help manage a new team/existing team producing and controlling NAVs for International funds.
  • 2-3 years of experience in managing/supervising teams preferably Fund Accounting teams.
  • He / She will be expected to build the team, get them trained and run the team on a day to day basis
  • Prior NAV calculation experience is essential, including strong knowledge of different product types
  •  Have an in depth knowledge of markets and products, respect & adhere the applicable procedures for each market.
  • .

Job specific competencies


Client Focus

Complete commitment to provide professional, intelligent and timely responses to our clients’ needs and to changes in the market.


Oral: Expressing ideas effectively in individual and group situations. Adjusting communication style to match the needs of the audience.
Written: Expressing ideas clearly in all written documents. Using professional, appropriate language at all times, and adhering to the use of the BNPP Email Protocols.

Team Work

Work effectively with team members to accomplish goals, Respect the needs of others and displays integrity in dealing with team members.

Continuous Improvement and adaptation

Generate creative solutions to problems, Ability to plan work ahead and to prioritize workload in an organized manner. Always looks for ways to improve services and processes.