Job Description

BNP Paribas Global Securities Operations – Business Line : IFSO Team : IRP – RISE Project Designation : Manager (Agile Team)
INVESTMENT REPORTING and PERFORMANCE Department (IRP) IRP offers a suite of investment analytics to support our (Asset Managers and Asset Owners) client’s investment decision-making processes. As a part of the service, we perform the following processes: sourcing, cleansing and enriching the data, calculating and validating investments’ performance, right through to ensuring that investment reporting meets client needs and those of their stakeholders. Services include, but not limited to, the following:

• Investment Performance Measurement and Reporting

• Portfolio Structure analysis / investment reporting

• Performance Attribution analysis

• Ex-ante Risk Solutions

• Solvency II reporting

• Asset & Liability Investment Analytics (ALIA)

• Environmental, Social and Corporate Governance (ESG)

IRP RISE Project Every product has to go through changes during its lifecycle to be technologically and operationally relevant to the clients as well as meeting or exceeding industry standards. RISE project was conceived to standardize some of our core offerings (1-3) while allowing our resources to be innovative in new value-added solutions (4-7). RISE project aims to do the following to the above systems

• Integrate the acquisition with a BP2S solution called Clover (involving on-demand configurations for IRP)

• Implement a new cloud-based calculation engine called Bisam B-One and this is an industry-standard solution used by most Asset Managers. (Factset acquired Bisam in 2017)

• Utilize a CIB solution called Datahub (data-as-a-service) to serve as a golden copy of all IRP data.

• Introduce a datamart layer between database and reporting to ensure better stability and response times for all dynamic reporting requests.

Agile Methodology & Project Teams RISE project is executed in agile model instead of the traditional waterfall model. This allows us to be flexible and minimize any dependencies while also allowing parallel execution of tasks (which may have been blocked in waterfall model). The project teams are divided into agile squads, which are spread across Paris, Chennai and Portugal. These teams are functionally-led by Product Owners. The project execution is split into sprints of 2 weeks duration each and the tasks are allocated based on skills in each of the teams. These 2 weeks sprints allow the Project Sponsors to track the progress and velocity of task completion. Job summary
IRP RISE Project team is a team of experts from across all IRP end to end streams starting from Acquisition, Calculation and Reporting (Static and Dynamic) and with a mix of Operations, Business Analyst and Implementation experts.

• The core activity lies in understanding the client requirements and transitioning the clients from legacy IRP platform to RISE platform successfully. The challenges could range from gaps in data availability in legacy platform, calculation methodology gaps, and logistical issues among others.

• The role is diverse, demands the expertise of client reporting and investment performance functions.

• The individual will be responsible for both the migration and validation of various reports such as Accounting Reports, Investment Reports, Performance Reports, Risk Reports, and Attribution etc.

• The role majorly requires timely and prompt coordination and communication with various stakeholders in Chennai and Paris.

As a RISE Project Team Manager, you will be in charge and oversee the following, Main Responsibilities:

• Ideal candidate – 50% Client Migration, 30% BA activity, 20% Perf Calc & validation
• Client Migration in IRP-RISE can range from setting up funds and benchmarks, loading the client data, setting up client funds, setting up calculations, designing Reporting templates into existing systems in coordination with other team members
• BA activity can involve writing requirements for solution changes, scripts or demo documents, user guides for operations, support manuals among others
• Perf Calculation Validation can mean comparison between the legacy and RISE calculations and analysis of any gaps noticed based on the migrated clients. Also communicating with the management on the gaps and supporting on the resolution of the same.
• Propose and provide advise about the feasibility and suitability of possible solution to optimise Performance reporting
• Conduct Meetings with multiple locations to understand the need and report the progress on the agreed services.
• Understand all areas of IRP, and IRP systems, and where appropriate develop specialist expertise to manage the Support, Change Requests, Projects and Client Onboarding
• Recruitment, Training, People Management, Resource Planning, Addressing the Interpersonal issues, Team building etc.,
• Understand all areas of IRP and IRP applications, develop cross-functional expertise to own the support issues and define a quick solution for issues and productivity improvements
• Ability to analyse the issues, identify the root cause, summarize the analysis and present it to the Management.
• Demonstrate strong managerial, analytical and problem solving skills
• Work with performance analysts to propose improvements to current production processes

We are organized around the following domains of expertise:

• Data acquiring (portfolios data, benchmark and securities related market data, client custom data)
• Calculations (performances & risk, portfolios breakdowns, performance and risk attribution) using Factset-Bisam B-One.
• Reporting and Web-based distribution of analytics and data.

Knowledge and skills required

• Knowledge and experience of Investment Performance Calculation (L1, L3) and/or Portfolio Accounting methodologies
• Experience and /or aspiration to work in a Project role in a demanding environment
• Working experience or a passion for Business Analysis, Platform Migration and Client Onboarding
• IRP Legacy applications (for internal candidates) and/or Bisam B-One is an added advantage
• Practical knowledge of SQL
• Experience in Investment Banking/Finance domain

Job requirements

Educational qualification: MBA, Masters (Finance) or equivalent. CIPM, CFA, FRM or aspirants preferred

Total years of experience: 6-12 years Number of staff supervised: 2-3 members