Job Title:Assistant Manager - Hedge Fund Accounting

Department: ISO

About Business line/Function: HedgeFund Accounting

Position Purpose:Management ofNAVdelivery for Hedge fund/Fund of Funds accurately and in a timely manner

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

Direct Responsibilities

Managing delivery of accurate and timely NAVs for hedge funds, Fund of Funds and Feeder funds – with extremely high volume or / and very high complexity (having equities, bonds, future, options, CDS, EQS, etc. as holdings) by completing all of the following processes:
Cash and position reconciliation (accounting vs PB and 3 way); with resolution of breaks
Income reconciliation (dividends and interest)
Manual Pricing and Pricing review
P&L review and Tolerance checks
Fees accrual, management and performance fee calculation and booking
Capital bookings and reconciliation with Investor services system reports
TB tie out and compiling NAV pack
Work Allocation and tracking the deliverables

Contributing Responsibilities

Delivery on audit requests and resolution of all queries on a timely basis
Ensure appropriate checks and procedures are followed to maintain high quality deliverables and to avoid internal audit and ISAE findings
Compliance with all internal organizational and business policies

Technical & Behavioral Competencies

Hedge fund accountings experience a must – ability to understand and resolve breaks in a hedge fund operating environment (systems, asset classes, deliverable timelines, etc.).
Operational understanding of asset classes like futures & options, equity swaps, CDS, etc. apart from equities and bonds.
Experience on Advent Geneva system would be preferred – an added advantage
Good Excel and MS office skills
Good communication skills
Requires to review complex hedge fund NAVs
Participation in system development projects, process change projects, etc.
Troubleshoot issues of junior members and mentor / coach / buddy them

Specific Qualifications

Graduates / Post Graduates(M.Com/MBA Finance preferred)

Accounting/Commerce

Technical Skills

Skills Referential(Required knowledge, skills and abilities)

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

Location:Mumbai/ Chennai

Experience Level:At least 5 years

About BNP Paribas Group

BNP Paribas is the European Union's leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group's commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, 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, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability.

About BNP Paribas India Solutions

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union's leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

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. 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.