Fund Administration Manager

What is this position about?

Manage a team of fund accountants and involve in the day-to day fund administration operations performed by the Singapore office for domestic and/or off shore based funds managed in Asia.

Support analysis of new business, analysis, testing and implementation of new fund accounting functionality and new requirement.

Participate in the transformation of FA operating models and management of internal service providers in other locations.

Able to work flexible working hours possibly morning/afternoon shifts and support Singapore public holidays.

What would be your typical day at BNPP Paribas look like?

Primary Role Responsibilities

• Oversee and monitoring of operational activity performed by fund accountant.
• Assisting the Head of FA Singapore to create a standard, scalable and cost-efficient production model.
• Review daily, weekly and monthly NAV funds in accordance with applicable Industry recommended accounting practices, accounting standard or specific constitutional documents.
• Work with the team of fund accountants and liaise with different support functions to ensure NAVs are delivered in a timely manner to meet the agreed KPIs.
• Provide accurate statistic data (KPIs etc…) on an as-scheduled basis and establish service excellence.
• Ensure NAV calculations are accurately prepared and in line with the BNPP operational and system procedural manual.
• Prepare operational and system procedural manuals to ensure that all operational risks are well under control and adequate for the day-to-day activities.
• Report and escalate operational or major incidents including any breach or error occurrences to the Management.
• Participate in regular operational meetings to review any client and new business requirements.
• Working pro-actively with Clients to resolve queries on action points relating to Fund Admin matters.
• Liaising and working with Fund Accountant to collate responses to Auditors to finalize the audit with the agreed timeframe.
• Participating in transition planning and testing to ensure new processes or system functionalities can meet clients' needs and requirements.
• Drafting SLD/SLA with other BPSS locations for outsourcing or insourcing of services.
• Oversee and monitoring of activities and tasks stated in SLD/SLA are completed in an accurate and timely manner.
• Drafting the operating memorandum and SLA/OSL for the new client take on.
• Involve in any new client take-on and migration activities.
• Support the Head of FA Singapore in any global Fund Accounting operating model objectives
• Other ad-hoc duties may be required from time to time

Other contributions

Risk and Compliance:

• Ensure the operating model in compliance with regulations, market infrastructure evolution and BNP Paribas internal control rules and meet compliance and regulatory obligations

Conduct:

• Adhere to the Code of Conduct and act accordingly internally, when facing clients and providers

What is required for you to succeed?

• Experience with Multifonds accounting system preferred
• Good communication and interpersonal skills with external corporate clients and global stakeholders.
• Persistence / perseverance in achieving operational efficiency
• Leadership in driving the team to achieve set objectives.
• Good operational/technical skills in fund accounting and administration
• Good analytical and problem solving skills to provide solutions

Required education/certification/licenses:

• University degree/ post graduate degree in Finance or Accounting preferred
• Minimum 5-8 years in experience in Securities Services Fund Accounting or equivalent experiences

About BNP PARIBAS

As the leading European Union bank, and one of the world's largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance.

We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.

• BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community
• BNP Paribas MixCity which fosters better representation of women at all levels of the organization
• Ability, the mutual aid network for employees with a disability or a disabling or chronic illness
• BNP Paribas CulturAll which celebrates diverse backgrounds

BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.

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More information

BNP Paribas - Diversity & Inclusion Journey

BNP Paribas - The Bank Of Green Changes

Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year