Investment 20/20 Programme

We are proud to be one of the founding partners of Investment 20/20, a company that helps drive a forward thinking, responsible and inclusive industry by partnering with investment companies across the UK to deliver their trainee programme. Their programme supports over 250 new trainee and apprentices each year, and offer them the opportunity to attend networking events and technical training sessions throughout the year whilst completing their internship. For more information please visit: Trainee Programme – Investment20/20 

Company Overview

BNP Paribas is the European Union’s leading bank and a key player in international banking. We operate in 65 countries and employ 190,000 people, including nearly 145,000 in Europe. Our Group holds key positions in its three main fields of activity: Commercial, Personal Banking & Services; Investment & Protection Services; and Corporate & Institutional Banking (CIB) for corporate and institutional clients.

We are proud to be part of the Investment20/20 Trainee Scheme. Joining us as a trainee means you will become part of one of the strongest banks in the world with one of the largest international networks. We strive to recruit and develop the best people at all levels, and are offering a one year placement within our Securities Services business to those seeking to enter the financial services sector.

The programme offers an excellent opportunity to gain hand's on experience and will give you the chance to experience a full-time role in one of our business lines or functional areas. From the outset, you will be contributing to the output of your team, taking responsibility and working with leading professionals.

Business Area/Dept Overview

• The UK Fund Services department is a high-profile business area in the United Kingdom comprising of the following key operational areas:
• Fund Accounting – Investment & Fund Services operations
• Fund Accounting / Administration – Private Capital
• Investment Analytics & Data Services 
• Corporate Trust Operations – Loan & debt solutions

Private capital fund accounting within the fund accounting private capital team act as the guardians of all private capital funds owning delivery of fund valuation and accounting services ensuring that they are fully compliant with fund documentation, client SLA’s, legal and regulatory requirements

Job Purpose

To support and work as part of the Fund Accounting & Administration teams which provide Private Capital fund services, corporate services and investor services to private capital funds and underlying fund vehicles ensuring that they are fully compliant with fund documentation, legal and regulatory requirements to which they are subject. 

To support the teams in ensuring that the provision of fund accounting services are aligned with the client SLA’s, all internal and external deadlines are understood and met and all operational policies, procedures and checklists are followed. 

Core accountabilities of role

• To assist in preparation of monthly valuations & reconciliations of the funds
• To assist in the cash reconciliation and management for the funds.
• To assist with preparation of documentation
• Preparing fund distribution and call notices for investors in accordance with fund documentation
• Preparing payment instructions accurately for approved invoices, transactions, investments, distributions and any other ad hoc payments
• Liaise with various external and internal parties in the day-to-day administration of the fund
• To accompany the team to client and audit meetings, as required, in relation to the provision of Financial Statements to investors.
• To provide input in relation to the review and monitoring of existing business processes, procedures and checklists to maximise efficiency and productivity in the Private Capital Team.
• Support management in ensuring all checklists utilised in review and sign off are clearly documented and controls and are kept up to date.
• Work closely with internal Operational Control teams to ensure effective risk measurement and controls are in place.
• Timely escalation of any issues to management.
• Assist with the management and implementation of any continuous improvement ideas to help mitigate risk and realise efficiencies.
• Ensure daily interaction and engagement across peers and wider team
• Positive communication across daily team activity
• Respect and adherence to company conduct best practice
• Develop key relationships across stakeholders as required

Knowledge, Skills and Experience

Essential:

• Strong numerical, analytical and problem-solving skills with meticulous attention to detail
• Good prioritisation & time management skills to deal with a high volume of time sensitive tasks quickly and appropriately
• Good working knowledge of Microsoft Office Package with emphasis on Excel and Word
• Team player and to help and step in to assist other members of the team when required
• Good interpersonal and communication skills and able to deal with various parties both internal and external
• The ability to manage workload and to meet all deadlines
• Demonstrate motivation and ability to learn new applications and processes

Join us for one of our informative virtual calls where you will gain a greater understanding of the Bank and the roles available in this year’s programme. You will meet our recruiters who will share with you details about the recruitment process, CV and application tips, as well as having the opportunity to hear from some of our current I2020 participants regarding their own journey on our programme.

Meet the Recruiter Virtual Call

• 4.30 – 5.15pm Tuesday 25th February  
• 4.30 – 5.15pm Tuesday 4th March

If you would like to register for one of these calls, please click here.