AddressBNP Paribas is the European Union’s leading bank and a key player in international banking. We operate in 65 countries and employ 190,000 people, including nearly 145,000 in Europe. Our Group holds key positions in its three main fields of activity: Commercial, Personal Banking & Services; Investment & Protection Services; and Corporate & Institutional Banking (CIB) for corporate and institutional clients.
Our Securities Services business, which forms part of CIB, is a leading global custodian providing specialist post-trade and asset servicing solutions to buy and sell-side market participants, corporates and issuers. Based in 35 locations around the world, our award-winning Securities Services teams have built one of the most extensive custody network in the industry, giving clients the connectivity and local knowledge they need to navigate change in a fast-changing world.
We are proud to be part of the Investment20/20 Trainee Scheme. Joining us as a trainee means you will become part of one of the strongest banks in the world with one of the largest international networks. We strive to recruit and develop the best people at all levels, and are offering a one year placement within our Securities Services business to those seeking to enter the financial services sector.
The programme offers an excellent opportunity to gain hand’s on experience and will give you the chance to experience a full-time role in one of our business lines or functional areas. From the outset, you will be contributing to the output of your team, taking responsibility and working with leading professionals.
The Role:
The Fund Accounting Department is comprised of a number of different functions responsible for Daily Net Asset Value (NAV) Production, Taxation and Statutory and Financial Statements reporting services for a range of fund types including UK Open ended Investment Companies, Unit Trusts, UK administered Luxembourg SICAVs, Investment Trusts and Life & Pension funds.
The Fund Accounting team within the UK Fund Services department act as the guardians of all UK Open Ended Fund Accounting, Investment Trust Accounting and Investment Accounting. The team are responsible for the NAV control framework to ensure timeliness and accuracy of external NAV service delivery to all UK clients as well as valuation and reporting services for Pension, Insurance and Sovereign Wealth Clients. A further key output from the Fund Accounting team is validated fund trial balance data to ensure smooth transition to the financial reporting production process and provision of data to external auditors & trustees.
The purpose of the role is:
- To support the provision of data and analytical information across all aspects of Fund Accounting client delivery including:
- Client Service
- Process Change
- Controls and Governance
- Third party relationship management
- To contribute to the data gathering needed for the review and ongoing development of the department’s target operating model inclusive of outsourcing solutions.
- To assist in producing documentation which will aid decision making such as process flows and data mapping.
- To document control information and compile evidence that demonstrates adherence to our control environment for external and internal audit purposes.
- To produce Management Information which will assist with stakeholder management.
Main duties will include:
Client Service Quality, Risk and Control
- Data manipulation and analysis mostly using MS Office tools.
- Produce Management Information
- Support Client Delivery team to meet client deliverables.
Governance
- Produce documentation and process flows to outline the control framework within the department
- Complete control questionnaires and collate samples to evidence our adherence to documented controls
- Monitor timetable of governance requirements and help collate information to meet these requirements.
Stakeholder Management
- Complete Records of Governance and produce packs to evidence stakeholder management
- Assist with the collation of data and information on 3rd party relationships
Liaising with Key internal stakeholders
Liaising with Key external stakeholders
Candidate Profile:
Essential:
- Enjoys interpreting data
- Computer literate and competent with Microsoft Excel
- Ability to work to deadlines
- Self-motivated
- Team player
- Highly organised
- Time management skills
- Attention to detail
- Responsible, reliable and accountable
Recruitment Process:
To be considered for the programme we invite you to first complete the online application form and follow further instructions. Applications will be reviewed and short-listed candidates will be contacted for a telephone interview initially. Interviews will take place in December with an anticipated start date of February 2024.
We regret to inform you that we do not offer a relocation package for this particular position. If you are considering applying and do not currently reside in the location of a job or require assistance with relocating to the location, please be aware that you will be responsible for all associated costs and logistics.
It is a mandatory requirement that candidates must possess the legal right to work in the United Kingdom. This includes candidates who are citizens of the UK, those with settled status, or individuals with the appropriate visas and work permits that grant them the legal right to work in the UK. Unfortunately, we are unable to sponsor work visas or provide any assistance with immigration-related matters for this role.
For any queries or assistance related to the recruitment process please contact our Campus Recruiting Team on [email protected].
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.
Further information about Investment20/20 can be found at www.investment2020.org.uk
