at BNP Paribas
Investment BankingPosted 4 days ago
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**Fund Execution Officer**: Manage Mutual/Hedge Fund orders for SG and HK booking centres. Execute orders, follow up with counterparties, ensure NAV confirmation, and communicate with RM/MA. Monitor abnormal orders, handle queries, reconcile outstanding orders, and maintain distribution agreements. Collaborate on projects, improve workflow, and adhere to procedures. Requires 1 year of experience in a related field, Bachelor's degree, fast learning, teamwork, efficiency, strong communication skills.
- Compensation
- Not specified
- City
- Singapore, Hong Kong
- Country
- Singapore, Hong Kong
Currency: Not specified
Full Job Description
Responsibilities
Direct Responsibilities
- Receive and execute in a timely fashion all Mutual/Hedge Fund orders for SG and HK booking centres.
- Follow-up on all pending orders with counterparties until NAV is confirmed and received.
- Inform RM/MA of NAV confirmed.
- Transmit confirmed orders to Settlement team for booking of the transactions.
- Monitor any abnormal fund subscription/redemption e.g. orders with unusual large valuation.
- Attend to queries from RM/MA in regards to operational aspects of mutual funds e.g settlement cycle, next NAV date, number of decimal places, minimum subscription size, any penalty charge on early redemption... etc.
- Reconciliation of outstanding orders with counterparties.
- To read and understand the operational aspects of any new launch of the fund.
- Liaise with custodian/Fund House for new Fund setup
- Maintenance of list of distribution agreements
Contributing Responsibilities
- Follow up with fund house for trailer fee reports
- Inform management of error trades
- Ensure procedures and control measures are strictly adhered to
- Participate in UAT and ad hoc projects
- Enhance, streamline and improve workflow and processes
Technical & Behavioral Competencies
- Fast learner
- Good teamplayer
- Efficient & Meticulous
- Strong interpersonal, communication skills
Specific Qualifications:
- Bachelor Degree or equivalent
- At least 1 year of experience in related field
About BNP PARIBAS
As the leading European Union bank, and one of the worlds 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, sexual 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.
https://careers.apac.bnpparibas/(Opens in a new tab)
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Award Obtained
BNPP has won Top employer Europe award in a 10th consecutive year
