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Job Description
Job: Vice President - Head of Fund Administration
Investment Mgmt, Asset Mgmt, PE, VC role
Full Time Job
Posted on: May 20, 2022
Locations: USA (Colorado) - Denver
Job Description:
(primary responsibilities,
reporting structure,
career path...)
Vice President - Head of Fund Administration (Job Number: SEC001039)

Business Overview:

BNP Paribas Securities Services, a wholly-owned subsidiary of the BNP Paribas Group, is a leading global custodian and securities services provider backed by the strength of an integrated bank. It provides multi asset post trade and asset servicing solutions for institutional participants in the investment cycle, from the buy-side and sell-side to corporates and issuers. Covering over 100 markets, offices in 34 countries and over 8,800 employees, the BNP Paribas network is one of the most extensive in the industry. We bring together local insight and a global network to enable clients to maximize their market and investment opportunities worldwide.

Responsible for the leadership and direction of the Fund Administration department including Financial Reporting, Fund Tax and Performance Reporting.
Establishes goals, develops policies and procedures as well as financial and strategic plans.
Develops and coordinates departmental budgets to ensure cost effective operations.
Manages and develops staff to ensure smooth and effective operation of the department.
Anticipates and provides solutions to complex business and operational problems ensuring the highest quality of service to clients.

Essential Functions:
Provide strategic leadership and direction for specific functions/management teams within Fund Administration.
Establish department goals and decides on courses of action to achieve these goals. Develops policies, procedures and measures consistent with departmental and corporate strategies.
Work closely with other management in the department to focus on implementation and refinement of more effective work processes
Develop managers’ leadership potential
Responsibility for the creation and oversight of fund filings and reporting (e.g. N-CSR, N-CSRS, N-Q, N-SAR, N-MFP, NPX, 24f-2), board reporting, tax filings and performance reporting
Support for the creation of prospectus’ and SAI’s
Maintain knowledge of changes to accounting practices
Extensive interface with internal legal, product development and finance departments
Ad-hoc responsibilities such as expense analysis, pro forma financial statements, etc.
Provide direct support to the Fund Treasurer and Trustees
Make sponsorship recommendations and/or decisions on technological and non-technical changes based on appropriate analysis (IIR, NPV, cost/benefit).
Develop short-term and long-term plans that support company strategies including supporting budget requests and financial estimates for all areas within their management responsibilities.
Review and approves the setting of department budgets in conjunction with senior management.
Manage overall department budget, including overtime and miscellaneous expenses.
Reports to the Senior Vice President of Mutual Fund Operations

Supervisory Responsibilities:
Manages exempt and non-exempt staff either directly or through subordinate supervisors.
Plans, allocates, monitors work and makes decisions regarding employment, performance appraisal, training, salary adjustments and related personnel actions.
Establishes departmental strategy and delegates objectives to ensure achievement of strategy

Minimum Required Qualifications
5 to 10 years of management experience in the Asset Management industry
Exposure to Fund Boards and trustee support
Bachelor’s Degree
Strong leadership, management and team development abilities
Excellent verbal and written communications skills
In-depth knowledge of company products, risk tolerances and the mutual fund industry
Ability to present plans and proposals to groups of all sizes and levels
Understanding of business health indicators including profit margins, unit cost, and market comparisons
Extensive knowledge of 40 Act and Reg. SX reporting requirements, fund audits and regulatory considerations
Excellent interpersonal, decision-making and analytical abilities
Effective time management skills with the ability to prioritize multiple tasks simultaneously
Familiarity with various software applications (e.g. RR Donnelley, Confluence

Preferred Qualifications;
Fund audit experience, preferably with a big 4 firm
CPA strongly preferred
MBA preferred

Compensation and Benefits:
The salary range for this position is $120- $175,000 commensurate with experience, qualification, and performance. Compensation can also vary based on other factors, such as cost of living.
This position is eligible for an annual discretionary performance bonus

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