Business Overview
BNP Paribas is the European Union's leading bank, operating in 65 countries with 185 000 employees.
The Group delivers a full‑range of commercial, personal‑banking, investment‑protection and corporate‑institutional services.
Position Overview
The Associate – Fund Accounting is a checker‑preparer for daily NAV calculations.
You will be the Subject‑Matter‑Expert (SME) for the NAV life‑cycle, responsible for producing, reviewing and archiving NAV packs, monitoring controls, and driving process‑efficiency initiatives.
Key purpose: Deliver accurate daily NAVs for a variety of funds/instruments within SLA while maintaining 100 % compliance and zero financial loss.
Job Responsibilities
Core (Direct) Responsibilities
- Understand the full NAV life‑cycle; act as SME for NAV calculation, review and reconciliation across fund types.
- Produce daily NAV packs on time, ensuring:
- Accurate report generation, timely delivery, proper scanning & archiving.
- Validation & justification of all TA, cash and stock reconciliation breaks.
- Maintain KPI performance in the green; track and report any deviations.
- Draft, maintain and continuously improve Standard Operating Procedures (SOPs).
- Prioritise work, investigate discrepancies with due diligence, and resolve or escalate as required.
- Review critical queries before response; provide detailed analysis and clear communication to clients/internal stakeholders.
- Keep the team informed of any changes or events impacting Business‑as‑Usual (BAU); proactively escalate issues to AVP‑level.
- Identify training needs; ensure maker‑level team members receive required training.
- Participate in daily huddles, weekly team meetings and CSR/engagement initiatives.
- Develop backups/SMEs for absenteeism coverage; maintain incident tracker for internal findings.
- Enforce 100 % compliance with ISAE 3402 (sample testing, documentation).
- Document, research and resolve exceptions; capture bespoke client specifications.
- Propose and drive manual‑step reductions, process efficiencies and automation ideas.
- Manage staffing availability during critical periods (month‑end, year‑end, fund roll‑overs, new‑fund migrations).
Contributing Responsibilities
- Monitor the group mailbox; respond promptly to queries.
- Act as a back‑up checker for other team members.
- Continuously look for process‑improvement opportunities.
- Share knowledge and best practices with teammates.
Required Education, Skills and Experience
- Bachelor's degree (or equivalent) in Accounting, Commerce or related field.
- Minimum 3 + years of hands‑on fund‑accounting experience, preferably in NAV production.
- Deep knowledge of fund‑accounting concepts (unit pricing, incentive/performance fees, swing, hedging, fund structures).
- Expertise in the NAV cycle & related controls.
- Proficiency with fund‑accounting systems (e.g., Multi-Fonds, HI‑Portfolio, Bloomberg).
- Advanced Microsoft Office (Excel, PowerPoint, Word).
- Meticulous attention to detail and rigor.
- Strong analytical and problem‑solving abilities.
- Excellent written & oral communication; clear stakeholder interaction.
- Ability to plan, prioritise and multi‑task in a fast‑paced environment.
- Team‑player mindset; willingness to coach and share knowledge.
Preferred Qualifications and Skills
- Experience with additional portfolio‑management tools or scripting/automation languages (e.g., Python, VBA).
- Involvement in implementing AI‑driven or robotic‑process‑automation (RPA) solutions to boost productivity.
- Familiarity with international fund‑regulation (e.g., UCITS, SEC, AIFMD).
- Willingness to work in rotating shifts to cover business‑critical windows.
BNP Paribas India Solutions (est. 2005) is a wholly‑owned subsidiary that provides 24 × 7 global delivery for Corporate & Institutional Banking, Investment Solutions and Retail Banking across the Group.
Our Fund Accounting team (ISO) supports the end‑to‑end NAV (Net Asset Value) production for mutual‑fund portfolios, ensuring accuracy, timeliness and regulatory compliance (ISAE 3402).
