What is this position about

The Assistant Manager – Private Capital Fund Administration supports the Private Capital Operations team, reports to the Manager of Private Capital Operations, and supervises a team of fund accountants delivering administration and banking services under the Administration Agreement.

The role is responsible for the output and service delivery of the Private Capital team, providing operational leadership and technical expertise for middle‑office and back‑office activities.

What would be your typical day at BNPP Paribas look like

Primary Role Responsibilities

Lead a team of Fund Accountants and set daily priorities
Oversee NAV calculation, ensure book integrity and maintain the accounting books of records
Act as primary escalation point for client issues and ensure SLA compliance
End‑to‑end processing, recording & control of capital events
Prepare and review client reporting on a monthly/quarterly/bi-annual/annual or on-demand basis
Calculate carried interest, waterfall, performance fees and other fund fees
Manage onboarding and off‑boarding of assets, including system setup and documentation review
Monitor SLA compliance and supervise the internal control framework
Drive business implementation projects including onboarding, restructurings, product development and regulatory change
Report to the manager of private capital fund accounting team and contribute to team and firm‑wide initiatives

In addition, the assistant manager will represent the team in operational‑focused meetings and assist implementation of agreed initiatives, provide input on new business requests, and proactively participate in operational implementation of service‑delivery changes.

Other contributions

Risk And Compliance

Ensure the operating model in compliance with regulations, market infrastructure evolution and BNP Paribas internal control rules and meet compliance and regulatory obligations
Ensure relevant risk migration controls including authentication check and vigilance screening are performed when processing manual instruction as required by the Bank policy and local regulations if applicable
Conduct -- Adhere to the Code of Conduct and act accordingly internally, when facing clients and providers

Individual Leadership

Lead and active participation in client and internal meetings where required
Operational leadership of change incorporating client requirements and process reviews
Provide leadership and guidance to other team members
Validation for all activities related to bookkeeping processing and carrying out our business as usual tasks
Full service delivery in line with client SLA's
Business Implementation – including onboarding of new clients, restructures, product development, statutory and regulatory change
Supporting the overall service delivery via cross-team cooperation/communication
Act as a conduit of change for business, IT and client projects across the organisation.
Actively contribute and participate in all Culture and Leadership initiatives
Influencing 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

Delivery of client service management; fund accounting and reporting for Private Capital assets
Active participation in senior client meetings as well as technical escalation point for client issues or changes
End of year financial reporting to meet specific client SLA terms
Ensuring implementation of operational risk and legislative requirements in all output
Client support for all Private Capital team processes for BNP Paribas client base

What is required for you to succeed

7‑10 years fund‑accounting experience, ≥3 years in a supervisory role in financial services and fund accounting, preferably within alternative‑fund structures
Experience in participating or reviewing LPA/Prospectus and supporting documentation
Knowledge of IFRS or US GAAP
Excellent written and oral communication skills
Strong attention to detail, problem‑solving and analytical abilities
Proven ability to build strong internal and external relationships
Team‑player who can manage own workload effectively
Working knowledge of eFront Invest and strong Excel/Power‑BI data‑analysis skills
Prior experience in Private Capital fund administration
Coaching & performance‑review experience
Demonstrated ability to drive cultural change and champion BNP Paribas values
Business acumen – identifies growth opportunities and drives commercial initiatives..
Change management – demonstrates flexibility, drives innovation and encourages feedback
Client focus – delivers professional, timely and insightful responses to client needs
Collaborative approach – works effectively with teams, clients and partners.
Impact & influence – represents the team and business objectives persuasively.
Individual leadership – models BNP Paribas values and adapts behavior to tasks and people.
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
Lead and mentor junior fund accountants, ensuring training and performance standards are met
Own validation of all bookkeeping activities and ensure business‑as‑usual tasks are executed accurately
Maintain full‑service delivery aligned with client SLAs
Facilitate cross‑team collaboration to support end‑to‑end service delivery
Act as change‑agent across business, IT and client‑project initiatives
Commercial focus – analyse, innovate and implement process improvements that add commercial value
Maintain and monitor the BNP Paribas Risk Control Framework for client services

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, 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.

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Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year

Assistant Manager Fund Administration - Private Capital