Assistant Manager –  FA – Nav Lux Transaction

April 18, 2024

Assistant Manager –  FA – Nav Lux Transaction

ReferenceFA 002321

  • Standard / Permanent
  • IN-MH-Mumbai
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About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

About BNP Paribas Group:

 BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability

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.

About Business line/Function:

Team performs Fund Accounting for various clients across several locations with 24 x5 coverage. The process includes Transactions input, Reconciliation, Fund valuation, Cash processing, Reporting & Transfer Agency with intraday deadlines. Accurate and timely reporting of NAV to the end client is the key objective of the team.

Job Title:

Assistant Manager



FA- Transactions Team


Mumbai / Chennai

Business Line / Function:


Reports to:




(if applicable)



Number of Direct Reports:


Directorship / Registration:


Position Purpose

Provide a brief description of the overall purpose of the position, why this position exists and how it will contribute in achieving the team’s goal.

Perform the checking (50%) of all the transactions for dedicated clients in the Fund accounting system in respect with our internal procedures and International Standards such as ISAE3402 and will be accountable for all BAU activities, KPI delivery and documentation maintenance. 

Depending on internal team structure can have an IC role or People Management. 

In his/her mission, the Transaction Asst Manager will have to often liaise with :

·       Middle Office activities between Trade Support Brussels (listed instruments) and Trade Support Paris (OTC instruments).

·       Fund accounting team (Lux, Chennai or any other location)

·       Other Transaction teams in KOP and Chennai

·       Auditors

·       Internal departments (Custody, TA, FDS etc…) 

The transaction officer will be involved in all projects impacted by the transaction team as such as :

·       Mergers

·       New client On boarding

·       New sub fund launching

·       New instrument dealing

·       Changes in workflow


Direct Responsibilities

·       Perform the processing of all the transactions for dedicated clients in the Fund accounting system in respect of our procedures and the ISAE3402 standard:

· Ensure the Zero Default quality by placing effective governance within team.

· Ensure that reconciliations are performed within the team and highlight / flag concern areas

· Ensure that a second level of control is performed on all manual transactions an archived for audit purposes.

· Ensure the controls of OTC pricing

· Ensure quick turnaround or minimal ETA to queries raised by person in charge of an action in the NAV Cycle

· Respect our clients Net Asset Value publication cut off’s.

· Ensure allocation of work done in justified manner and all required analysis on team capacity, workflow, details of team, static data all are well maintained within the system. 

Contributing Responsibilities


  • Manage staff on daily BAU and to take corrective measures/actions, if required. Updating required staff/team adequately on any changes/new events impacting BAU. Should be proactively escalating the BAU/Staff issues to Manager.
  • Identifying the staff training requirement & ensure all the necessary training has been provided to the team members to perform the relevant tasks.
  • Conducting Daily Team huddles, Weekly Team meetings and regular one on ones with team.
  • Develop SMEs and ensure that, the Back-up management tool is in place for all the team members.

Risk Management:

  • Enforce 100% compliance of SAS70. Carry out sample testing on daily basis & document the results.
  • Ensure procedures are in place to effectively deal with exceptions and that they are reviewed, researched, documented and resolved in a timely manner.
  • Identify the manual steps, process efficiencies & developments, by providing practical ideas on areas of improvements & work towards its automation.
  • Ensure to minimize the unplanned leaves, especially during business critical days, like month end, rollover days and migration of new funds.

Technical & Behavioral Competencies

Client Focus

  • Be pro-active in developing customer relations by understanding and responding to customer needs.
  • Strive continually for customer satisfaction.
  • Try to identify the real needs of the customer, including those not necessarily stated.
  • Deliver very high quality results.

Risk and cost awareness

  • Identify risks and promote risk-mitigation processes.
  • Identify potential cost-savings and promote cost-efficient processes while maintaining quality and risk controls.

Team Work

  • Work effectively with team members to accomplish goals.
  • Respect the needs of others and displays integrity in dealing with team members.
  • Ability to work under pressure.


  • Ability to communicate to others in a clear, articulate fashion.
  • Good written and oral communication skills.
  • Good listening and questioning ability.
  • Be able to express ideas effectively in individual and group situations.

Planning & Organising

  • Ability to plan work ahead and to prioritise workload.
  • Ability to work in an organised manner.
  • Must have an attention to detail.

Continuous Improvement and adaptation

  • Generate creative solutions to problems.
  • Always looks for ways to improve services and processes.
  • Be able to adapt to markets and clients evolution.

Department BC Correspondents


·       Acts on behalf of, and by delegation of Department head who remain fully responsible for the department BC Plans.

·       Responsible for designing, maintaining and organising BCM documentations (BIA, BC Plan, Call Tree list etc.) and testing of BC Plans and solutions (BCP testing, Call tree testing, participation in various level BCP & DR testing)

·       Provide business data for analysis, design and testing stages of BC Plan

·       Alerting the BCM team of any business continuity incident with potential impact to business

·       Organizing an appropriate business response for your department upon confirmed crisis scenario by mobilizing the recovery teams and communicating relevant instructions, and providing regular status updates on business recovery to the BC Manager

Specific Qualifications (if required)

Knowledge on Capital Markets and it’s various market products.


Skills Referential                                       

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Active listening

Attention to detail / rigor

Client focused

Transversal Skills: (Please select up to 5 skills)

Ability to inspire others & generate people’s commitment

Analytical Ability

Ability to understand, explain and support change

Ability to develop others & improve their skills

Ability to set up relevant performance indicators

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 5 years

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