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BPBNP Paribas India Solutions
BNP Paribas India SolutionsBanking

Analyst – Fund Accounting

Location

Chennai, India

Work type

Onsite

Employment

Full Time

Experience

0-2 years

Compensation

Compensation not disclosed

Posted

3h ago

Summary and responsibilities

Role overview

Summary

The Analyst – Fund Accounting is responsible for the daily operations related to Net Asset Value (NAV) delivery for mutual funds, including preparation of tasks, reconciliations, and ensuring timely and accurate NAV calculations as per SLA. This role involves becoming a Subject Matter Expert in NAV calculation processing, validating reconciliation breaks, and actively participating in process improvements and documentation.

Position Purpose: Fund Accounting operation / production

Responsibilities: Daily Operations (Delivery of Daily Net Asset value of Mutual funds)

Direct Responsibilities

  • Analyst will be responsible for preparation of task involved in NAV delivery and reconciliations

  • Acquire complete understanding of NAV Calculation & its related functions with various parties involved. For example: Custody, TA, Pricing, Corporate Actions, etc.

  • Become a SME (Subject Matter Expert) of the process by acquiring complete knowledge of NAV Calculation Processing across all funds & instrument types.

  • Ensure all reconciliation breaks in TA, Cash & Stock are validated and justified for each calculated NAV.

  • Ensure NAV calculations are produced in a timely manner as per SLA. Completeness of NAV packs include accurate report generation, timely delivery of reports, document and evidence controls.

  • Adhere to Quality & Timeliness as per SLA. Ensure No Material or financial Impact.

  • Be proactive in resolving queries and escalate immediately to the supervisor on any issues/queries/escalations.

  • Participate in preparation / updation of Key/Standard Operating Procedures for each process and fund/ client specification

  • Carrying out other ad-hoc duties may arise from time to time, mainly at month ends & year ends.

Contributing Responsibilities

  • Monitor the respective group mailbox and respond quickly to the queries.

  • Ensure ISAE 3402 checks are understood and followed. 100% compliance is must for all NAV packs.

  • Act as a back-up in the absence of other team members. Manage the leaves appropriately.

  • Ensure to minimize the unplanned leaves, especially during business-critical days, like month end, Yearend, rollover days and migration of new funds or BI events

  • Should come up with minimum one process improvement/automation initiative per year

  • To share the process/product knowledge with fellow team members.

  • Ensure Participation in CSR & Other engagement initiatives

Technical & Behavioral Competencies

  • Ability to communicate with others in a clear, articulate fashion.

  • Good written and oral communication skills.

  • Good listening and questioning ability.

  • Be able to express ideas effectively in individual and group situations

  • Ability to plan work ahead and to prioritize workload.

  • Ability to work in an organized manner.

  • Must have attention to detail.

  • Generate creative solutions to problems.

  • Always look for ways to improve services and processes.

  • Be able to adapt to markets and client’s evolution.

  • Be able to work in shifts as per business requirements

  • Knowledge of systems – Multifonds, Hi-Portfolio, Bloomberg etc. and basic Microsoft Office functions is an advantage

  • Exposure to implementation of artificial intelligence tools to support high productivity

  • The candidate should uphold high level of compliance on conduct topics

Specific Qualifications:

  • Accounting/Commerce

Skills Referential (Required knowledge, skills and abilities)

Technical Skills:

  • Ability to understand, explain and support change

  • Ability to develop and adapt a process

  • Ability to develop and leverage networks

  • Analytical Ability

  • Know how to fund Accounting and NAV cycle

Behavioral Skills:

  • Attention to detail / rigor

  • Ability to collaborate / Teamwork

  • Communication Skills- Oral & Written

Education Level: Bachelor Degree or equivalent

Experience Level: Beginner

Updated 3h ago

Candidate fit

Skills and qualifications

Additional skills

Fund Accounting • 1+ yrs
NAV Calculation • 1+ yrs
Multifonds • 1+ yrs
Hi-Portfolio • 1+ yrs
Bloomberg • 1+ yrs
Analytical Ability • 1+ yrs
Attention to Detail • 1+ yrs
Process Improvement • 1+ yrs

Experience

0-2 years

How this role is positioned

Role classification

Job domains

Finance & Accounting

Industries

Finance & Banking

Employment

Full Time

Contract duration

Permanent

Hiring type

Direct

Global hiring

Location specific

Offer details

Compensation and benefits

Compensation

Compensation not disclosed

VisibilityShared on listing
CurrencyUSD
PeriodYearly

Location, schedule, and role shape

Work setup

Work conditions

Primary locationChennai, India
Work typeOnsite
Global hiringNo

Bandwidth profile

peopleMedium7/10
physicalLow2/10
cognitiveHigh8/10
executionHigh9/10
creativityMedium6/10
uncertaintyMedium5/10
communicationMedium7/10

Context on the employer

Company snapshot

Company

BNP Paribas India Solutions

Team size

Growing team

Location

Chennai, India

BNP Paribas is the European Union’s leading bank and a key player in international banking, operating in 65 countries. It provides solutions spanning financing, investment, savings, and protection insurance across Commercial, Personal Banking & Services, Investment & Protection Services, and Corporate & Institutional Banking. BNP Paribas India Solutions, a wholly owned subsidiary established in 2005, serves as a 24x7 global delivery center from Bengaluru, Chennai, and Mumbai, supporting the Group's Corporate and Institutional Banking, Investment Solutions, and Retail Banking business lines.

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Analyst – Fund Accounting

Chennai, IndiaFull Time