30+ days ago


Job Description

Investment Accounting Analyst - 12 month Fixed Term Contract

BNP Paribas is proud to be part of the Investment20/20 Trainee Scheme andto offer opportunities within Securities Services.

BNP Paribas Securities Services, a wholly-owned subsidiary of the BNP Paribas Group, is a leading global custodian and securities services provider backed by the strength of a universal bank. It provides integrated solutions to all participants in the investment cycle including the buy-side, sell-side, corporates and issuers.

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 oneyearplacement within our Securities Services business to those seeking to enter the financial services sector.

Theprogramme offers an excellent opportunity to gain hands on experience and will give you the chance to experience a full-time role inone of ourbusiness 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:

We have an opportunity for a trainee to join our Investment Accounting Team. The Asset Owner Investment Accounting department ensures a timely and accurate valuation and reporting service and a direct single point of contact client relationship link to our Pension, Insurance and Sovereign Wealth Clients.

Your responsibilities will include:

Daily Net Asset Value (NAV) & Cashflow

  • Perform NAV calculation and review
  • Review daily fund Manager cashflow activity, understand the Manager investment decisions and the impact of the Investment Accounting team processing
  • Processing of daily fund Manager cash
  • Perform management fee processing and monthly matrix analysis
  • Perform cash break review and analysis for accurate reporting, measure against monthly KPIs to track month to month performance and improvement

Month End Reporting

  • Perform oversight of Operational team processing and breaks clearance to feed into accurate monthly reporting
  • Analyse Fund Manager market value reconciliations
  • Preparation of key Management Information (MI) to be shared in virtual Champion forum and issued to Senior Management

Review Control environment

  • Review current procedures and checklists while performing the above allocation
  • Offer process improvement ideas where appropriate during training

Participation in Operational Champion Network

  • Gain exposure to the end to end process and where the Investment Accounting team link in.
  • This will allow stakeholder profile focus, knowledge increase of our business activities and ability to participate in working groups (with existing team support) to help drive forward our initiatives

During this traineeship you will gain an understanding of the Asset Owner standard product offering and our associated Client base, alongside a strong understanding of the end to end model and how the role of the Investment Accounting team is critical in the coordination and control of the final accounting valuations provided to our Clients. You will learn the purpose of a NAV, the importance of governance across all cash flow activity and build a strong stakeholder awareness of how Investment Accounting and Middle Office service the Asset owner product.

Candidate Profile:

The candidate must have strong analytical skills and excellent attention to detail. A client focus, a highly organised approach to work and effective time management skills are all essential. The ability to be self-motivated is key as well as an ability to work well in a team. You will need to be confident using Excel and PowerPoint.

The successful applicant will be a fast learnerwho genuinely wants to make the most of their time in a leading Financial Services Company and have a resourceful and lsquo;can dorsquo; attitude.

Recruitment Process:

Applications will be reviewed and short listed candidates will be contacted for a telephone interview initially. Interviews will take place in October/November with an anticipated start date of December 2020.

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.

BNP Paribas Securities Services Trainee Scheme: Further information about Investment20/20 can be found at