(Junior) Fund Accountant in Milan Team

Job description

BNP Paribas Securities Services is a wholly-owned subsidiary of the BNP Paribas Group and a leading provider of securities services and investment operations solutions to issuers, financial intermediaries and institutional investors. As an integral part of Corporate and Institutional banking, BNP Paribas Securities Services is safekeeping 8,3 trillion EUR assets under custody on behalf of its clients and is administrating 1,6 trillion EUR of fund's assets, which gives bank no. 1 position across European custodian banks and no. 5 worldwide.

The Warsaw office was established in 2008 and comprises two business lines: a dynamically growing International Operations Centre (SSC) providing asset and fund services for a number of locations across Europe and local custody & clearing business offering broker-dealers, global custodians and investment banks a full local clearing, settlement and custody solution in Poland.

For new activity within BNP Paribas Securities Services in Poland which is an exciting, dynamic and growing operation centre in Warsaw we are looking for candidates who are willing to apply for the position of:

(Junior) Fund Accountant in Milan Team


As a part of our new Fund Accounting Milan team you will take part in unique opportunity which is launching new activity in Warsaw office. You will know the process from the scratch and receive complex training necessary to perform your work effectively. You can gain new experience, widen your knowledge and skills in multinational environment and have a real impact on shape of the process.

Your responsibilities will include:
· Daily registering of transactions in fund accounting system in particular
· subscriptions, redemptions
· securities trades
· corporate events (rights issues, stock splits, mergers etc.)
· income settlements (coupons, dividends)
· FX transactions
· listed and OTC derivatives transactions (futures, options, swaps)
· fees accruals and expenses
· Following Italian regulatory and funds' managers rules (tax, fees etc.)
· Daily accounting of assigned funds
· Applying accounting rules to financial instruments
· Daily control of NAV valuation (pricing controls, income and expenses controls, NAV variations controls)
· Checking & processing of corporate actions according to funds' portfolio and market practice
· Ensuring the correctness of accruals (control and recalculation), i.e., expenses, dividends, interest, performance fees etc.
· Following and updating procedures and check list according to business evolution

Desired profile

Qualifications :

We are looking for you, if you:

·  Have knowledge of fund valuation and financial instruments
·  Completed studies in Finance, Economics or similar is necessary
·  Have an experience in Fund Industry (will be an asset)
·  Are fluent in English ( basic knowledge of Italian language will be an asset )
·  Are accurate person and have high - developed analytical skills
·  Have excellent communication skills & ability to work effectively as a team player
·  Have very good knowledge of MS Excel
·  Are stress – resistant, self-motivation, quick learner
·  Have knowledge of Multifonds and pControl (will be an asset)


We offer:
·  A full time job in a swiftly changing environment with stable employment conditions
·  Opportunities of individual growth in multinational company
·  Excellent work location and atmosphere in working place
·  Comprehensive social benefit package as well as training and development

Candidates meeting the above mentioned requirements and interested in cooperation are asked to e-mail their applications in English (CV)