Middle Office Portfolio Monitoring - Associate

Bnp Paribas Bank; Taguig; On-site; PHP 700,000 - 1,000,000; Full time

Job summary

BNP Paribas Solutions Philippines Branch is seeking a Private Capital Middle Office Fund Admin to provide operational support for PC assets, onboarding, and transitions while supporting business change projects.

The role focuses on daily activities for Private Capital assets and ensures a sustainable operating model, including participation in internal and external meetings and implementing service delivery changes to meet client needs.

Qualifications

• Ability to foster and maintain strong interpersonal relationships both internally and externally.
• Excellent attention to detail.
• Ability to work well individually as well as work as a team.
• Excellent communication skills both written and oral.

Responsibilities

• Processing, record keeping and control of capital calls, distributions, subscriptions, redemptions and transfers of shares/units on the dedicated platform.
• Perform initial verification of documents received in relation to any direct or indirect investments before processing/instructing the related payments.
• Reconciliation of assets and market valuations.
• Preparation of client reporting or ad-hoc reporting on a regular or on demand basis as per clients request.
• Assist in the onboarding of new assets including system setup, review of documentation, perform screening and liaising with related internal and external counterparties in a timely manner.
• Be actively involved in projects and in efficiency reviews to improve service delivery.

Skills

Interpersonal relationships

Attention to detail

Teamwork

Written and oral communication

Job description

About BNP Paribas Group

BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.

About BNP Paribas Solutions Philippines Branch

Established in 2024, BNP Paribas Solutions Philippines Branch is a branch of BNP Paribas Group, a leading bank in Europe with an international reach. We provide support services, back-office operations services related to or which further the accomplishment of the corporation's investment services, banking transaction processing, and equity investment.

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

Position Purpose

The Private Capital Middle Office Fund Admin plays a critical role in the Private Capital (PC) team servicing. The role provides operational support and ensures accurate execution with respect to PC Middle Office Administration services delivered to the BNP Paribas client base.

This role will focus on the delivery of daily activities for Private Capital assets and also support onboarding and transitions, as well as business change projects and business improvements, to ensure a consistent and sustainable operating model.

Responsibilities

Direct Responsibilities

• Processing, record keeping and control of capital calls, distributions, subscriptions, redemptions and transfers of shares/units on the dedicated platform


• Perform initial verification of documents received in relation to any direct or indirect investments before processing/instructing the related payments


• Reconciliation of assets and market valuations


• Preparation of client reporting or ad-hoc reporting on a regular or on demand basis as per clients request


• Assist in the onboarding of new assets including system setup, review of documentation, perform screening and liaising with related internal and external counterparties in a timely manner

In addition, the PC Fund Admin, will actively participate in internal and external meetings along with the rest of the team, and will provide input regarding new business requests. They are subsequently responsible for ensuring the operational implementation of any service delivery changes to meet client needs.

The Private Capital Fund Admin will also participate in projects and be part of the regular efficiency review of the process.

Contributing Responsibilities

• Be responsible of the production with quality for all activities related to transaction processing and carrying out our business as usual tasks


• Ensure the full-service delivery in line with client SLA


• Support the overall service delivery via cross-team cooperation/communication.


• Participate in client and internal meetings where required


• Incorporate client requirements and process reviews


• Adapt the desired culture of flexibility, accountability and openness to change


• Ability to adapt to change, and to approach team and operational changes with an innovative approach


• Address routine client queries in relation to all aspects of their Private Capital assets


• Supporting the implementation of operational risk and legislative requirements in all output

Technical & Behavioral Competencies

Requirements

The sum of every kind of knowledge, skill and experience that is required for fully competent job performance. The minimum requirements for the job. Types of information can include:

• Ability to foster and maintain strong interpersonal relationships both internally and externally


• Excellent attention to detail


• Ability to work well individually as well as work as a team


• Excellent communication skills both written and oral

Experience And Specific Qualifications

• 3-5 years of related alternative investment experience within the financial services industry preferred