Team Leader

The Managed Funds team sits within the Operations Division of BNP Paribas Securities Services. They are dedicated to providing a Premier level of service to all clients which invest in UUTs.

The team is responsible for end to end processes for UUTs. This broadly covers areas:
Responsibility for sending trade instructions out to the market in a timely and correct manner on behalf of the Company's clients.

Ensuring the settlement of these trades both financially and in the accounting system (Hiport and FOMS)

Reconciling both cash and unit positions.

Sourcing unit prices for all assets held by Company's clients.

Capturing and processing all periodic Corporate Action activities.

The Managed Funds team is also responsible for responding to any queries whether placed by external clients or internal teams.

Due to the ever evolving nature of Unlisted Unit Trusts, the Managed Funds team has to be constantly able to evolve and respond to new investment structures and processes.

**PRIMARY ROLE RESPONSIBILITIES**:
The Managed Funds Team Leader is responsible for managing either of the two streams within the team. Specifically this includes overseeing the daily processes, managing "up" and "down" by supporting both the team Seniors and the team Operations Manager. It is the responsibility of the Team Leader to manage the prevention of errors. The Team Leader is responsible for the smooth daily functioning of the Managed Funds team and with the implementation of projects and management of any client movement.

The team leader tasks include trade processing, distributions, management fee rebate, month end reporting, daily reconciliations, data entry processing and settlement, pricing, foreign exchange, static data and handling more complex ad hoc requests within Managed Funds Administration Team. All instructions and requests must be checked, authenticated and processed on the same day of receipt.

The Team Leader must be focused on educating Account Manager and Analyst staff in understanding and treating transactions correctly, with the ability to use a number of different systems. They require good knowledge of financial markets products and their treatment. The Team Leader assists with providing on-the-job training and development to the Managed Funds Account Managers and Analysts.

In successfully completing their roles, they are required to demonstrate excellent verbal and written communication skills and interpersonal ability. Communication occurs with Fund Managers and BP2S Clients. Internal regular interactions take place with BP2S teams from Operations, Relationship Management, Fund Administration, Custody Control and Treasury ensuring the timely and correct settlement of all related Unlisted Unit Trust trades. The Team Leader also deals with more complex ad hoc issues or requests.

A valuable and contributing team member, they demonstrate and excellent service and work ethic. They complete their work accurately and on time, in line with operational risk policies, ensuring compliance. They are keen to learn and develop their technical knowledge and skills. As this is a growth business and the volumes handled in this area continue to increase, the ability to see and suggest any opportunities for improvement will be valued. They contribute to and participate in team and related business projects as and when required.
- Minimum 6-8 years related experience in the financial services industry. 2+ years Supervisor/Team Lead experience advantageous.
- Degree qualified in Business, Accounting or related discipline; or relevant work experience in a similar role preferable.
- They possess a high level of technical knowledge of trade processes from order placement through to settlement specifically in relation to domestic and international Unlisted Unit Trusts.
- Ensuring a strong risk and control framework exists and is adhered to in the team
- Sound technical knowledge in:

- Unlisted Unit Trust trade process from order placement through to settlement including reconciliations
- Unlisted Unit Trust products and systems

The ability to complete or oversee accurate daily and monthly reconciliations and/or ad hoc query investigation & resolution. They have sound knowledge of various tasks including input and confirmation of trades for all domestic and international Unlisted Unit Trusts, distributions (both cash and reinvestment), management fee rebates, Call payments, Foreign exchange, pricing and month end reconciliations. As well as an ability to review and enhance processes currently in place that improve both efficiency and the risk control framework the team operates within.

**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