Job Description
What is this position about?
The Private Capital Fund Admin for Limited Partners and Asset Owners plays a critical role in the Private Capital (PC) team servicing such actors. The role provides technical expertise and a reviewing function 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.
Primary Role Responsibilities
The operational controls and oversight will include the provision, review and delivery of the following activities:
Processing, record keeping and control of capital calls, distributions, subscriptions, redemptions and transfers of shares/units on the dedicated platform
Review and analysis 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 monthly basis or as per clients' request
Review and re-processing of tax components based on Fund Manager tax statements for Australia investments
Assist in the onboarding of new assets including system setup, review of documentation, 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.
Other contributions
May perform other duties and responsibilities that management may deem necessary from time to time.
INDIVIDUAL LEADERSHIP:
Be responsible of the validation 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
Contribute actively in all Culture and Leadership initiatives
Influence the desired culture of flexibility, accountability and openness to change and leading by example
Ability to adapt to change, and to approach team and organizational changes with an innovative approach
CLIENT SERVICE:
Handling client queries in relation to all aspects of their Private Capital assets
Ensuring implementation of operational risk and legislative requirements in all output
Maintain and monitor the BNPP Risk Control Framework for the services provided to client, including formal supervision and working closely with Risk and Compliance and Operational Controllers, identifying potential risks and developing controls to mitigate them through influence and delivery across the business be seen as a technical expert.
What is required for you to succeed?
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:
Related alternative investment experience within the financial services industry preferred
Ability to foster and maintain strong interpersonal relationships both internally and externally
A strong technical background incorporating aspects of Private Capital assets Middle Office services, impacts on fund accounting, unit pricing, tax, and reporting
Excellent attention to detail
Ability to work well individually, and within a small team environment
Excellent communication skills both written and oral
Desired knowledge, skill, experience
Client Focus - Complete commitment to provide professional, insightful and timely responses to our clients' needs and to changes in the market
Business acumen - Identifies potential opportunities to maximise business growth.
Change management - Displays flexibility to change and is open to new ideas. Encourages others to be open to innovation. Values feedback and gives people scope and confidence to generate ideas
Collaborative approach - Supports and shows respect for others. Puts people first, and works effectively with individuals, teams and clients.
Impact & influence - Creates a positive and professional impact on others. Exhibits persuasive representation of team and business objectives.
Individual Leadership - Adjusts behavior to accommodate tasks, situations and individuals. Role models the organisational values at all times.
Risk awareness - Adheres to the organisation's processes and procedures. Demonstrates a good understanding of compliance issues and implements work practices that minimise operational and reputational risk
Detail Oriented - Strong attention to detail
About BNP PARIBAS
As the leading European Union bank, and one of the world's largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance.
We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, ****** orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.
BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community
BNP Paribas MixCity which fosters better representation of women at all levels of the organization
Ability, the mutual aid network for employees with a disability or a disabling or chronic illness
BNP Paribas CulturAll which celebrates diverse backgrounds
BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.
If you require any reasonable adjustments during the recruitment process, please feel free to reach out to us at [1] [email protected]
The Private Capital Fund Admin for Limited Partners and Asset Owners plays a critical role in the Private Capital (PC) team servicing such actors. The role provides technical expertise and a reviewing function 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.
Primary Role Responsibilities
The operational controls and oversight will include the provision, review and delivery of the following activities:
Processing, record keeping and control of capital calls, distributions, subscriptions, redemptions and transfers of shares/units on the dedicated platform
Review and analysis 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 monthly basis or as per clients' request
Review and re-processing of tax components based on Fund Manager tax statements for Australia investments
Assist in the onboarding of new assets including system setup, review of documentation, 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.
Other contributions
May perform other duties and responsibilities that management may deem necessary from time to time.
INDIVIDUAL LEADERSHIP:
Be responsible of the validation 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
Contribute actively in all Culture and Leadership initiatives
Influence the desired culture of flexibility, accountability and openness to change and leading by example
Ability to adapt to change, and to approach team and organizational changes with an innovative approach
CLIENT SERVICE:
Handling client queries in relation to all aspects of their Private Capital assets
Ensuring implementation of operational risk and legislative requirements in all output
Maintain and monitor the BNPP Risk Control Framework for the services provided to client, including formal supervision and working closely with Risk and Compliance and Operational Controllers, identifying potential risks and developing controls to mitigate them through influence and delivery across the business be seen as a technical expert.
What is required for you to succeed?
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:
Related alternative investment experience within the financial services industry preferred
Ability to foster and maintain strong interpersonal relationships both internally and externally
A strong technical background incorporating aspects of Private Capital assets Middle Office services, impacts on fund accounting, unit pricing, tax, and reporting
Excellent attention to detail
Ability to work well individually, and within a small team environment
Excellent communication skills both written and oral
Desired knowledge, skill, experience
Client Focus - Complete commitment to provide professional, insightful and timely responses to our clients' needs and to changes in the market
Business acumen - Identifies potential opportunities to maximise business growth.
Change management - Displays flexibility to change and is open to new ideas. Encourages others to be open to innovation. Values feedback and gives people scope and confidence to generate ideas
Collaborative approach - Supports and shows respect for others. Puts people first, and works effectively with individuals, teams and clients.
Impact & influence - Creates a positive and professional impact on others. Exhibits persuasive representation of team and business objectives.
Individual Leadership - Adjusts behavior to accommodate tasks, situations and individuals. Role models the organisational values at all times.
Risk awareness - Adheres to the organisation's processes and procedures. Demonstrates a good understanding of compliance issues and implements work practices that minimise operational and reputational risk
Detail Oriented - Strong attention to detail
About BNP PARIBAS
As the leading European Union bank, and one of the world's largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance.
We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, ****** orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.
BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community
BNP Paribas MixCity which fosters better representation of women at all levels of the organization
Ability, the mutual aid network for employees with a disability or a disabling or chronic illness
BNP Paribas CulturAll which celebrates diverse backgrounds
BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.
If you require any reasonable adjustments during the recruitment process, please feel free to reach out to us at [1] [email protected]
💡 Quick Summary
Seeking a career-building opportunity? The Private Capital Fund Administrator position is now open for candidates interested in the Finance sector. This role in Sydney offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Finance is a plus.
