Investment Accounting Analyst (partially based in Saudi Arabia)
- Recruiter
- BNP Paribas
- Location
- United Kingdom
- Salary
- Competitive
- Posted
- 17 Sep 2020
- Closes
- 28 Sep 2020
- Ref
- 649523143
- Job role
- Accountant
- Sector
- Accounting - Public practice
BNP Paribas Securities Services is a multi-asset servicing specialist with local expertise in 35 markets around the world and a global reach covering 90+ markets. This extensive network enables us to provide our institutional investor clients with the connectivity and local knowledge they need to navigate change in a fast-moving world.
As of 30 September 2019, BNP Paribas Securities Services had USD 11.491 trillion in assets under custody, USD 2.759 trillion in assets under administration and 10,491 funds administered.
This role will initially be based in the UK, however subject to travel restrictions and visa permits being secured the post holder will be based in Saudi Arabia.
Department purpose / objectives
The Fund Accounting Department comprises a number of different functions in the administration of Asset Manager and Asset Owner clients.
The Asset Owner Investment Accounting department exists within the Fund Accounting Department to provide a timely and accurate Valuation and reporting service and a direct client relationship link to our Pension, Insurance and Sovereign Wealth Clients.
Purpose & Scope of the position
This role is responsible for providing project support and assistance to ensure the successful build out of the Investment Accounting Service as part of Project Taawun (Taawun is Arabic for collaboration).
The role will be provided out of the UK but based in Saudi Arabia working directly within the Client offices to help embed technical knowledge and ensure the appropriate alignment of the local Client structure to support the Investment Accounting service within the region.
Key Responsibilities:
Operational Excellence
Working directly with the Client to establish and embed technical knowledge through training of their accounting team
Input to developing the structure, process and controls for the Client Investment Accounting service
Provide technical knowledge on Investment Accounting reporting on the content of data and requirements for the data set
Day to day production contact with internal operational and accounting teams
Develop key relationships across a range of internal stakeholders
Facilitate service delivery support across local BP2S Investment Accounting and Client accounting team where required with potential oversight role
Onsite support to ensure efficient query management protocol
Assist and support Investment Accounting team where required to ensure client and internal change is implemented with no detrimental impact to client service delivery
Be the key Investment Accounting workstream contact to the local Project Manager and relevant working groups setup to deliver the project.
Provide Investment Accounting workstream key deliveries to support the work required to deliver to the project timeframes.
Provide regular feedback to local project and production team on service expectations
Be a subject matter expert across the end to end production cycle
Ensure a high level of client service is delivered at all times
Build strong, professional relationships with Client and act as ambassador for BNP Paribas
Participate in project and client calls
Risk and Control
Providing project support to ensure successful on-boarding of local activity
Sharing expertise and experience across Investment Accounting service deliverables and reporting output to help Client build strong governance framework
Develop personal skillset to provide on-going technical training across the product and services
Assist in development of process and control framework to support ongoing governance across the Client Investment Accounting service
Provide best practice guidelines
Timely escalation of any potential issues to Management
Support the continuous assessment of team processes and controls to improve efficiency, controls and reduce risk where necessary
Support Client accounting team to ensure all activities are documented within checklists and procedures and ensure operational updates are captured where required
Client Focus
Work closely with all stakeholders (internal and external) of the Investment Accounting service in managing responses to Clients, Auditors, Depositary, Custodians and Investment Managers where necessary
Skills and Experience Required
Essential:
Experience of Asset Owner fund servicing model and unitised fund pricing
Experience of Hiport Investment System and/or General Ledger
Highly computer literate with strong excel skills
Desirable:
Broad understanding of international markets and asset transaction processing including derivatives, asset creation and pricing, on and off markets trade capture, corporate action and income
Knowledge of daily and period end Investment Accounting reporting an advantage
Knowledge of technical IT infrastructure an advantage
Experience of Pension fund administration
Possess high level of numerical skills and investment operation/accounting knowledge
Required Competencies:
Ability to work under pressure and to multiple tight deadlines
Flexible and adaptable approach to work
Excellent communication and interpersonal skills
Fund accounting and/or middle office operational experience
Solid numerical and analytical skills
Strong time management and planning skills
Strong team player
Takes initiative
Excellent attention to detail
Responsible, reliable and accountable
Experience in working in project based delivery environments.
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.
As an employee with BNP Paribas Securities Services, we want to make sure that you are rewarded for your commitment. As such, you will be entitled to our award winning benefits package which includes a generous holiday allowance of at least 34 days (including bank holidays), a non-contributory pension of 9%, private healthcare and GP service all as standard, along with a number of personal insurances such as income protection, life assurance and personal accident insurance. We believe in ensuring all our employees have a positive work life balance and so in addition to the core benefits you will also have access to a variety of flexible lifestyle benefits including dental cover, childcare vouchers, cycle to work schemes, season ticket loans and reduced cinema and gym membership to name a few.
#*LI-GB1
Primary Location: United Kingdom
Job Type: Fixed Term
Job: INFORMATION TECHNOLOGY
Education Level: Not indicated
Schedule: Full-time
Reference: FUN000592
As of 30 September 2019, BNP Paribas Securities Services had USD 11.491 trillion in assets under custody, USD 2.759 trillion in assets under administration and 10,491 funds administered.
This role will initially be based in the UK, however subject to travel restrictions and visa permits being secured the post holder will be based in Saudi Arabia.
Department purpose / objectives
The Fund Accounting Department comprises a number of different functions in the administration of Asset Manager and Asset Owner clients.
The Asset Owner Investment Accounting department exists within the Fund Accounting Department to provide a timely and accurate Valuation and reporting service and a direct client relationship link to our Pension, Insurance and Sovereign Wealth Clients.
Purpose & Scope of the position
This role is responsible for providing project support and assistance to ensure the successful build out of the Investment Accounting Service as part of Project Taawun (Taawun is Arabic for collaboration).
The role will be provided out of the UK but based in Saudi Arabia working directly within the Client offices to help embed technical knowledge and ensure the appropriate alignment of the local Client structure to support the Investment Accounting service within the region.
Key Responsibilities:
Operational Excellence
Risk and Control
Client Focus
Skills and Experience Required
Essential:
Desirable:
Required Competencies:
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.
As an employee with BNP Paribas Securities Services, we want to make sure that you are rewarded for your commitment. As such, you will be entitled to our award winning benefits package which includes a generous holiday allowance of at least 34 days (including bank holidays), a non-contributory pension of 9%, private healthcare and GP service all as standard, along with a number of personal insurances such as income protection, life assurance and personal accident insurance. We believe in ensuring all our employees have a positive work life balance and so in addition to the core benefits you will also have access to a variety of flexible lifestyle benefits including dental cover, childcare vouchers, cycle to work schemes, season ticket loans and reduced cinema and gym membership to name a few.
#*LI-GB1
Primary Location: United Kingdom
Job Type: Fixed Term
Job: INFORMATION TECHNOLOGY
Education Level: Not indicated
Schedule: Full-time
Reference: FUN000592
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