**Description of the Department**
The Managed Funds team sits within the Operations Division of BNP Paribas Securities Services. They are dedicated to providing a Premier level of service to all clients which invest in Managed Funds and unlisted and non-exchange traded investment schemes.
- The team is responsible for end to end processes for Managed Funds Investments. This broadly covers the following areas:
- Responsibility for the execution of trade instructions to market in a timely and correct manner on behalf of the Company's clients- Ensuring timely settlement of all trades in the market
- Ensuring systems are updated in a timely manner for all client and fund manager driven transactions
- Reconciliation of cash, transactions, pricing and units
- Sourcing and updating unit prices for unlisted assets
- Capturing and processing all periodic Corporate Action activities
**Summary of Role**
The Account Manager is required to ensure the effective end to end function requirements of the Managed Funds functions, resources, systems and team are operating at an optimal level.
The functions includes but not limited to the below:
- Fund set up with Fund managers and internal systems-
- Trade execution-
- Asset Service functions-
- Pricing, distribution and corporate actions-
- Vendor management-
- Offshore oversight-
- Business and market partnerships-
- Senior management exposure-
- Business support for function and systems- The Managed Funds Account Manager is responsible for supervising and managing the production streams within the team. Specifically this includes overseeing the daily processes, managing "up" and "down" by supporting both the Officers and the Manager. The role is responsible for the management of operations and the mitigation of risk in the function. The Account Manager is responsible for the smooth daily functioning of the Managed Funds team
and with the implementation of projects and management of any client movement.
The Account Manager must be focused on educating staff in understanding and treating transactions correctly, with the ability to use a number of different systems. They require good knowledge of financial markets products and their treatment. The Account Manager assists with providing on-the-job training and development to the Managed Funds Officers.
The Account Manager is required to demonstrate excellent verbal and written communication skills and interpersonal professionalism. Communication occurs with Fund Managers and BP2S Clients. Internal regular interactions take place with BP2S teams from Operations, Relationship Management, Fund Administration, Custody Control and Treasury ensuring the timely and correct settlement of all related Managed Funds functions. They also deal and resolve client, product and service issues and requests.
A valuable and contributing team member, they demonstrate excellent service and work ethics. They complete their work accurately and on time, in line with operational risk policies, ensuring compliance. They are keen to learn and develop their technical knowledge and skills.
This is a growth business and the volumes handled in this area continue to increase, the ability to proactively manage and plan for any opportunities of improvement will be required for this role. They contribute to and participate in team and related business projects as and when required.
**Key Responsibilities**
Responsible for all trade lifecycle events including trade execution to settlement and valuations for domestic and international managed investment schemes.
- Ensure all staff accurately process instructions as received from internal and external clients.
The Account Manager is responsible for the following but not limited to:
- Managed Funds standards of high skills, training, knowledge and professionalism-
- Ensuring that staff and the bank have effective compliance and risk reviews and actions to mitigate risk to the firm-
- Assisting with the strategic and tactical management of the Managed Funds operational functions to ensure alignment to global and local BNP Paribas operational models-
- Ensuring compliance within BNP Paribas, local and global regulations and market standards-
- Effective partnerships with the BNP Paribas departments domestically and globally-
- Effective partnerships with the BNP Paribas vendors and market participants-
- Assisting with the management, review and sign off of projects and transitional requirements-
- Assisting with the management, review and sign off of any operational changes and developments-
- Driving the business through competitive advantages, best practices, market standards and effective developments-
- Effective escalation at all levels of the bank-
- Contribute to the effective development and promotion of the BNP Paribas brand-
- Providing information and MIS to assist management with strategical developments and planning-
- Oversee the function and relationship of various parties in trad