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Assistant Vice President Transversal

8.00 to 10.00 Years   Chennai   17 Mar, 2020
Job LocationChennai
EducationNot Mentioned
SalaryNot Disclosed
IndustryBanking / Financial Services
Functional AreaOperations Management / Process Analysis
EmploymentTypeFull-time

Job Description

Position Purpose This role being recruited for is a very senior high profile position, which will involve working closely with the current Functional Head. The candidate for this position will be responsible for Fund Accounting Operations Responsibilities Direct Responsibilities

  • He / She will be expected to run the operational areas on a day-to-day basis for team of 50 -75 FTEs.
  • The Candidate will be expected to work closely with the Functional Head and Managers within FA as well across Securities Services locations to support ops transformation and business growth
  • The role requires very strong Organizational and People Management skills
  • Solid technical understanding of Fund Accounting / Fund Services functions is expected.
  • Previous experience of running a large Operational area on an International basis is essential.
  • Demonstration of commitment to continuous process improvement is required.
  • The Candidate will report to the Functional Head and Respective Managers would be reporting into this position.
  • The position interfaces with other Senior Managers, Business Analysts, Business Managers, Relationship Managers, Clients and other Securities Services Offices in Europe and Asia.
  • The position interfaces with International Team Members of BNP Group and its Clients or Vendors
  • Effective and Strong Communication Skill required for this leadership role
  • Candidate should preferably have exposure to client presentation for new business bid
Contributing Responsibilities Direct involvement in integrating new business & actives that will be transferred from other BP2S locations to Chennai in the coming months and years.Grow the Chennai team according to plansDevelop strong working relationships with a network of counterparts in other Securities Services Locations and senior Management.Ensure high level of communication network is established will all the departments within the business group.Ensure that, client issues/concerns are addressed and resolved within the agreed timelines.Ensure high level of service has been delivered to the Clients of BNP Paribas Group.Ensure all the deliverables of the process are met and maintained as per the service agreement.Defining the Key Performance Indicators for the process and achieving the same on a regular basis.Ensuring the delivery of quality services to clients with consistent green KPIsManage and reduce operational risk, error costs must not exceed 1% of NBIContinue to develop a strong layer of Middle management and succession planningPrioritise the work and conduct investigation with due diligence on all the discrepancies.Manage staff to take corrective measures/actions.Delegating the tasks to the Senior Managers and other team members.Ensure all the necessary training is been provided to the team members to perform the relevant tasks.About 10+ years of Audit, Control, Risk or similar experience, in banking industry preferredKnowledge of specific BNP Paribas/Securities Services Control processes and toolsProcess to maintain and update Key/Standard Operating Procedures for each process migrated to Chennai Hub.Continue to ensure sufficient Risk & Control process are in placeContinually working towards process improvements and efficiency savings and optimisation of costs Technical & Behavioral Competencies
  • Overall 15 years plus experience with at least 10 years+ in FA Domain
  • End to End exposure in Fund Accounting Stream with knowledge of Mutual Fund, Pension Fund, Hedge Fund Accounting
  • Basic knowledge of upstream teams like Middle office, Pricing, Corporate Action, TA etc.
  • Interest and Experience in FA Operational Transformation
  • Business Migration Expertise
  • Must have handled Business Continuity Exercises
  • Resources Hiring and Training Skill
  • Internal and External Audit Management
  • Re-engineering of Legacy Processes
  • Adequate understanding of FA System Data Flow
  • Be able to express ideas effectively in individual and group situations
  • Ability to work in an organized manner.
Specific Qualifications (if required), Education Level: Master Degree or equivalentExperience LevelAt least 15 years

Keyskills :
finance risk reporting banking compliance keyperformanceindicators continuousprocessimprovement dataflow mutualfunds newbusiness duediligence middleoffice fundservices tatementsofworksow

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