Job Opportunity

Back to Search Results

Associate

BNP Paribas | Mumbai, India

Job Summary

Hedge fund business. Independent delivery of accurate and timely NAVs for hedge funds. Responsible for cash and position reconciliation, income reconciliation, manual pricing and pricing review, P&L review and tolerance checks. Post-graduation in finance/ chartered accountant.

Details

Key responsibilities and accountabilities

  • Independent delivery of accurate and timely NAVs for hedge funds with lesser volume and complexity (which will have equities, bonds, future, options, CDS, EQS, etc. as holdings) by completing all of the following processes:
    – Cash and position reconciliation (accounting vs PB and 3 way); with resolution of breaks.
  • Income reconciliation (dividends and interest).
  • Manual Pricing and Pricing review.
  • P&L review and Tolerance checks.
  • Fees accrual, management and performance fee calculation and booking.
  • Capital bookings and reconciliation with Investor services system reports.
  • TB tie out and compiling NAV pack.
  • Delivery on audit requests and resolution of all queries on the same.
  • Participation in system development projects, process change projects, etc.
  • Ensure appropriate checks and balances are followed and documentation is maintained to ensure no internal quality or internal compliance, internal audit or ISAE findings.
  • Compliance with all internal organizational and business policies.

Educational qualifications
Post-Graduation in Finance / Chartered Accountant (Graduate in Accounting with courses in capital markets may also apply).

Total years of experience
0 to 1 year
Relevant years of experience:
0 to 1 year

Knowledge and skills required

  • Good understanding and ability to apply basic accounting principles.
  • Have a decent understanding of capital markets; any internship or exposure to capital market operations would be added advantage.
  • Have decent understanding of asset classes like equities, bonds, futures, options and swaps; while theoretical knowledge is a must, ability to think through how they operate in real world would be added advantage.
  • Candidates to research on hedge funds industry and demonstrate how much they understand of it. Ability to showcase understanding of fund administration business would be an added advantage.

Click here for details on this job.

Click here for details on this job

  • Min Education: MA/MS

Email this job to a friend.

Tweet this job