Assistant Vice President Fund Administration

Year    Chennai, Tamil Nadu, India

Job Description


This role being recruited for is a very 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 Head of the Department (HOD) Responsible for overall BCM Programme of your Department to ensure their business continues when BCP is invoked. (BCM strategy, solution, documentation, Testing etc.) Ensure Business Continuity requirement is integrated with all relevant processes, as applicable Can delegate the same to their nominated department BC Correspondent Direct Responsibilities He / She will be expected to run the operational areas on a day-to-day basis for team of 50 -75 FTEs. 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 Direct involvement in integrating new business & actives that will be transferred from other BP2S locations to Chennai in the coming months and years. Grow the Chennai team according to plans 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 for each process migrated to Chennai Hub. Continue to ensure sufficient Risk & Control process are in place Continually working towards process improvements and efficiency savings and optimisation of costs Department BC Correspondents Acts on behalf of, and by delegation of Department head who remain fully responsible for the department BC Plans. Responsible for designing, maintaining and organising BCM documentations (BIA, BC Plan, Call Tree list etc.) and testing of BC Plans and solutions (BCP testing, Call tree testing, participation in various level BCP & DR testing) Provide business data for analysis, design and testing stages of BC Plan Alerting the BCM team of any business continuity incident with potential impact to business Organizing an appropriate business response for your department upon confirmed crisis scenario by mobilizing the recovery teams and communicating relevant instructions, and providing regular status updates on business recovery to the BC Manager 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 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. Be able to express ideas effectively in individual and group situations Specific Qualifications (if required) Skills Referential Behavioural Skills : Ability to collaborate / Teamwork Decision Making Client focused Ability to deliver / Results driven Transversal Skills: Ability to manage a project Ability to understand, explain and support change Analytical Ability Ability to develop others & improve their skills Ability to develop and leverage networks Education Level: Master Degree or equivalent Experience Level At least 15 years

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Job Detail

  • Job Id
    JD3265751
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Chennai, Tamil Nadu, India
  • Education
    Not mentioned
  • Experience
    Year