Skills

Communication Risk Management Monitoring Problem-solving Networking Training Accounting Analytics

Job Specifications

We are proud to be one of the founding partners of Investment 20/20, a company that helps drive a forward thinking, responsible and inclusive industry by partnering with investment companies across the UK to deliver their trainee programme. Their programme supports over 250 new trainee and apprentices each year and offer them the opportunity to attend networking events and technical training sessions throughout the year whilst completing their internship.

About BNP Paribas

BNP Paribas is one of Europe’s leading banks with an international presence in 68 countries and more than 193,000 employees. We provide clients with financing, investment, savings and risk management solutions while maintaining the highest ethical standards.

In the UK, our history dates back to 1867. Today, our clients benefit from our global reach, expertise and long-term commitment to building a responsible and sustainable financial future.

We are proud to be part of the Investment20/20 Trainee Scheme. Joining us as a trainee means you will become part of one of the greatest 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 one-year placement within our Securities Services business to those seeking to enter the financial services sector.

The programme offers an excellent opportunity to gain hand's on experience and will give you the chance to experience a full-time role in one of our business lines or functional areas. From the outset, you will be contributing to the output of your team, taking responsibility and working with leading professionals.

Business Area

Securities Services is a leading global custodian and securities services specialist that provides multi-asset post-trade and asset servicing solutions for buy and sell-side market participants, corporates and issuers.

The UK Fund Services Department Is a High-profile Business Area In The United Kingdom Comprising Of The Following Key Operational Areas

Fund Accounting – Investment & Fund Services operations
Fund Accounting / Administration – Private Capital
Investment Analytics & Data Services
Corporate Trust Operations – Loan & debt solutions

Private capital fund accounting within the fund accounting private capital team act as the guardians of all private capital funds owning delivery of fund valuation and accounting services ensuring that they are fully compliant with fund documentation, client SLA’s, legal and regulatory requirements

The Role

To support and work as part of the Fund Accounting & Administration teams which provide Private Capital fund services, corporate services and investor services to private capital funds and underlying fund vehicles ensuring that they are fully compliant with fund documentation, legal and regulatory requirements to which they are subject.

To support the teams in ensuring that the provision of fund accounting services are aligned with the client SLA’s, all internal and external deadlines are understood and met and all operational policies, procedures and checklists are followed.

What you’ll do

Operational Excellence

To assist in preparation of monthly valuations & reconciliations of the funds
To assist in the cash reconciliation and management for the funds.
To assist with preparation of drawdown, equalisation and distribution calculations in accordance with the Fund documentation
Preparing fund distribution and call notices for investors in accordance with fund documentation
Preparing payment instructions accurately for approved invoices, transactions, investments, distributions and any other ad hoc payments

Client Focus

Liaise with various external and internal parties in the day-to-day administration of the fund
Ensure understanding and compliance with client SLAs and internal delivery deadlines.
To accompany the team to client and audit meetings, as required, in relation to the provision of Financial Statements to investors.

Risk and control

To provide input in relation to the review and monitoring of existing business processes, procedures and checklists to maximise efficiency and productivity in the Private Capital Team.
Support management in ensuring all checklists utilised in review and sign off are clearly documented and controls and are kept up to date.
Work closely with internal Operational Control teams to ensure effective risk measurement and controls are in place.
Timely escalation of any issues to management.

Change

Assist with the management and implementation of any continuous improvement ideas to help mitigate risk and realise efficiencies.

People

Ensure daily interaction and engagement across peers and wider team
Positive communication across daily team activity
Respect and adherence to company conduct best practice
Develop key relationships across stakeholders as required

What we’re looking for

Essential

Excellent numerical, analytical and problem-solving skills with meticulous attention to detai

About the Company

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