Monday, July 4

Associate Level 1

Job title: Associate Level 1

Company: BNP Paribas

Job description: Job Description – APAC


Associate level 1 – Fund accounting






Chennai / Mumbai

Sector of activity / Function:


Reports to:


Deputy director


(if applicable)

Junior level


Deputy director

Number of direct reports:


Direction / Registration:

Purpose of the position

We are looking for a fresh and ambitious spirit to provide support to the fund accounting department by managing the daily calculation of the net asset value and the tasks of the support function. You will be part of a team of professionals working to keep mutual fund accounting books.


Direct responsibilities

  • Gain a complete understanding of the calculation of NAV and its related functions with the different parties involved. For example: Custody, TA, Pricing, Corporate Actions, etc.
  • Become an SME (subject matter expert) of the process by gaining comprehensive knowledge of processing and reviewing the calculation of net asset value on all types of funds and instruments.
  • Ensure that all reconciliation breaks in TA, Cash & Stock are validated and justified for each calculated NAV.
  • Ensure that NAV calculations are produced in a timely manner in accordance with the SLA. The complete NAV packages include accurate report generation, rapid report delivery, scanning and archiving.
  • Meet the quality SLA of 98% and above when processing NAVs.
  • Be proactive in resolving queries and immediately report any issues / issues / escalations to the supervisor.
  • Participate in the preparation of key / standard operating procedures for each process migrated to Chennai.
  • Systematically evaluate documented procedures to ensure they are complete, accurate and up to date.
  • Performing other ad hoc tasks may arise from time to time, mainly at the end of the month and at the end of the year.

Contributory responsibilities

  • Monitor the respective group mailbox and respond to queries quickly.
  • Respect punctuality and quality as indicated in the SLA.
  • Make sure there is NO financial impact / loss for the organization.
  • Make sure ISAE 3402 checks are understood and followed. 100% compliance is essential for all NAV packs.
  • Act as a substitute in the absence of other team members.
  • Make sure to minimize unscheduled time off, especially during critical days like month-end, shift days, and the migration of new funds.
  • Should offer at least one process improvement / automation initiative per quarter.
  • Share process / product knowledge with other team members.

Technical and behavioral skills

  • Ability to communicate with others in a clear and articulate manner.
  • Good written and oral communication skills.
  • Good listening and questioning skills.
  • Being able to effectively express ideas in individual and group situations
  • Ability to plan work in advance and prioritize workload.
  • Ability to work in an organized manner.
  • Must have attention to detail
  • Generate creative solutions to problems.
  • Always looking for ways to improve services and processes.
  • Be able to adapt to changing markets and customers.

Specific qualifications

Accounting / Commerce

Skills repository

Behavioral skills:

Attention to detail / thoroughness

Ability to collaborate / Teamwork

Communication skills – oral and written

Customer focused

Transversal skills :

Ability to understand, explain and support change

Ability to develop and adapt a process

Ability to develop and operate networks

Analytical skills

Ability to inspire others and generate people’s engagement


Level of education:

Bachelor’s degree or equivalent

level of experience

At least 1 year

Other / specific qualifications (if necessary)

Expected salary:

Location: Chennai, Tamil Nadu

Job date: Tue, 26 Oct 2021 04:46:44 GMT

Apply for the job now!

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