Business Line : Asset And fund services
Team : data Admin
Designation : ASSOCIATE / Level I
The bank for a changing world
With strong roots anchored in Europe's banking history dating back to 1848, BNP Paribas supports its clients and employees in today's changing world and has positioned itself as a leading bank in the Eurozone and a prominent international banking institution. The Group serves nearly 32 million individual customers and 1 million professionals, entrepreneurs, small and medium-sized enterprises and large corporate clients in its retail-banking networks. With over 189,000 employees representing 150 nationalities across 75 countries, BNP Paribas is one of the world's largest banks, ranking highly in both Retail Banking Services and Corporate and Institutional Banking. The Group has had a presence in India for over 150 years having established its first branch in Kolkata, in 1860. With this unparalleled experience of the Indian market, it is among the leading corporate banks in the country.
A leading global custodian and securities services provider
BNP Paribas Securities Services, a wholly-owned subsidiary of the BNP Paribas Group, is a leading global custodian and securities services provider, backed by the strength of a universal banking group. Our mission is to protect and secure assets for all actors of the investment cycle: buy-side, sell-side and issuers. A part of the Corporate and Institutional Banking business of the Group, it has USD 8,770 billion assets under custody, USD 2,074 billion assets under administration and administers over 10,000 funds. BNP Paribas Securities Services has a unique multi-local model, servicing both the buy-side (the institutional investors and the fund managers) and sell-side (the broker-dealers community and the banks) providing a global coverage of over 100 markets through 9,500 employees worldwide across 34 countries.
Global Securities Operations
One of the three international operations centres, BNP Paribas Global Securities Operations (GSO) provides services to global clients in the Asian region and some “follow-the-sun” activities for European clients. Wholly owned by BNP Paribas Securities Services, the GSO centre offers a wide range of services which include custody operations, fund accounting, middle-office operations, static data management, clearing and settlement operations and other transversal services.
Roles & Responsibilities
Data Admin operations in India (Chennai) deal with two key processes:
Pricing process is to ensure that the accurate Security prices are updated on our Accounting Platform for use by the fund accountants for the calculation of their daily NAV and data feeds to our clients.
Pricing activity is carried out on two different applications Amanda & HiPort, for funds valued in Singapore, Sydney, U.K and various other locations in Europe.
Is the in-house BP2S pricing platform used to validate prices for funds valued for various accounting platform. In Chennai, Amanda pricing team currently validates and provides prices for all security type for various funds based in Europe & Asia valued on Multifonds.
HiPort : The pricing team ensures all the prices in Hiport are correct and meets the need of our clients. The team ensuring correct validated prices are available for funds valued in Singapore, Thailand and UK.
Asset Creation team, Chennai, deals with various activities like security creation in various applications such as Trade flow and Hiport.
HiPort Asset creation team mainly support APAC Region, It also supports London during the Chennai working hours.
Trade flow Asset creation deals with various activities like security creation in Trade flow, Broker SSI Setup, Super Broker Setup, Clearing methods. This team supports the APAC Region.
Multifonds Asset Creation supports Asset Creation needs of Asia and Europe and other BNP locations.
The various platforms supported by Data Admin Team are:
¡ Multifonds Fund Accounting
Knowledge and skills required
¡ In-depth understanding on the system functionalities. The applications we use and the data retrieval procedures
¡ Motivated behavioural and working collectively with trust openness and motivated behaviour
Educational qualification : Graduation/Post Graduation (Preferably in Accounts or Finance)
Total years of experience : 0- 2 years