Assistant Vice President

Position Purpose

This role being recruited for is a senior high profile position, which will involve working closely with the current Functional Head. The candidate for this position will be responsible for Fund Accounting Operations

Responsibilities

Direct Responsibilities

• The candidate will be expected to run the operational areas on a day-to-day basis for team.
• The Candidate will be expected to work closely with the Functional Head and Managers within FA as well across Securities Services locations to support ops transformation and business growth
• The role requires very strong Organizational and People Management skills
• Solid technical understanding of Fund Accounting / Fund Services functions is expected.
• Previous experience of running a large Operational area on an International basis is essential.
• Demonstration of commitment to continuous process improvement is required.
• The Candidate will report to the Functional Head and Respective Managers would be reporting into this position.
• The position interfaces with other Senior Managers, Business Analysts, Business Managers, Relationship Managers, Clients and other Securities Services Offices in Europe and Asia.
• The position interfaces with International Team Members of BNP Group and its Clients or Vendors
• Effective and Strong Communication Skill required for this leadership role
• Candidate should preferably have exposure to client presentation for new business bid

Contributing Responsibilities

• Develop strong working relationships with a network of counterparts in other Securities Services Locations and senior Management.
• Ensure high level of communication network is established will all the departments within the business group.
• Ensure that, client issues/concerns are addressed and resolved within the agreed timelines.
• Ensure high level of service has been delivered to the Clients of BNP Paribas Group.
• Ensure all the deliverables of the process are met and maintained as per the service agreement.
• Defining the Key Performance Indicators for the process and achieving the same on a regular basis.
• Ensuring the delivery of quality services to clients with consistent green KPIs
• Manage and reduce operational risk, error costs must not exceed 1% of NBI
• Continue to develop a strong layer of Middle management and succession planning
• Prioritise the work and conduct investigation with due diligence on all the discrepancies.
• Manage staff to take corrective measures/actions.
• Delegating the tasks to the Senior Managers and other team members.
• Ensure all the necessary training is been provided to the team members to perform the relevant tasks.
• About 10+ years of Audit, Control, Risk or similar experience, in banking industry preferred
• Knowledge of specific BNP Paribas/Securities Services Control processes and tools
• Process to maintain and update Key/Standard Operating Procedures
• Continue to ensure sufficient Risk & Control process are in place
• Continually working towards process improvements and efficiency savings and optimisation of costs

Technical & Behavioral Competencies

• Overall 15 years plus experience with at least 10 years+ in FA Domain
• End to End exposure in Fund Accounting Stream with knowledge of Mutual Fund, Pension Fund, Hedge Fund Accounting
• Basic knowledge of upstream teams like Middle office, Pricing, Corporate Action, TA etc.
• Interest and Experience in FA Operational Transformation
• Business Migration Expertise
• Must have handled Business Continuity Exercises
• Resources Hiring and Training Skill
• Internal and External Audit Management
• Re-engineering of Legacy Processes
• Adequate understanding of FA System Data Flow
• Be able to express ideas effectively in individual and group situations
• Ability to work in an organized manner.
• Generate creative solutions to problems.
• Always looks for ways to improve services and processes.
• Be able to adapt to markets and clients evolution.