Middle Office Asset Servicing Senior Analyst

April 13, 2024

Middle Office Asset Servicing Senior Analyst


  • Standard / Permanent
  • CA-QC-Montréal
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In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal’s Top Employers in 2024. We are a dynamic and growing organization having its main establishment located in downtown Montreal and part of a leading international banking institution fully committed to building a more sustainable future. Note that the position may be in the Canadian Branch of BNP Paribas or in one of its subsidiaries based in Montreal.

The position at a glance

The Asset Servicing team handles asset setup and maintenance, reconciliation and trade data entry in the accounting system, corporate actions sourcing, instruction and processing, exchange traded derivative margin instruction and reconciliation, and security valuations. 

An Asset Servicing Senior Analyst in this role will primarily work on the SimCorp Dimension accounting platform with the opportunity to learn and cross train in all Asset Servicing business functions with a focus on ensuring accurate Investment Book of Record to support US Middle Office clients. A Senior Analyst will not only complete daily processing activities but will execute quality control reviews and act as initial escalation point for complex queries. Candidate must be able to work independently in a high stress, time sensitive environment.

In detail

  • Assist Management in all aspects of daily processing, including providing guidance to staff in order to meet tight deadlines and quality control review.  
  • Coordinate, monitor, and delegate work activities across a diverse team, while acting as a reliable control to guarantee client satisfaction.
  • Responsible for support and oversight of departmental operations and staff, independently managing workflows, resources, and client relationships.
  • Capitalize on knowledge and experience to serve as a resource, and provide guidance and direction, to Analysts.  Assist junior analysts in researching, resolving, and—if necessary—escalating complex problems.
  • Help manage direct communications between clients, external business partners, and internal teams to solve a wide variety of problems expeditiously.
  • Responsible for contributing to the establishment and revisions of department policies, systems, procedures and timelines as needed.   Facilitate the output of high-quality client deliverables by maintaining team-wide adherence to established procedures.
  • Develop expertise in all systems and processes.  Participate in system enhancement projects that impact reports and/or functionality.   Provide support in research and analysis of new and complex securities, including options, swaps and various fixed income products.
  • Provide feedback to members of the team and assists in the development of the department and its culture.
  • Review and, as appropriate, approve or provide feedback on work performed by Analysts.

The strengths and skills that will help you succeed

 Minimum Required Qualifications:

  • Willingness to work from 11am to 7pm EST on weekdays and on global holidays (US and Canadian holidays) excluding Christmas and New Year’s Day.
  • Bachelor’s Degree in Accounting/Finance or equivalent.
  • 5 years of experience in Middle Office operational functions – IBOR management, corporate actions & income processing, securities data maintenance, securities & cash reconciliations, securities valuations.
  • 5 years of experience in the use of Front-to Middle office or Middle-to-Back Office platforms offering IBOR/ABOR functionalities (SimCorp Dimension, SS&C HiPortfolio, Calypso, Blackrock Aladdin, Bloomberg AIMS…).
  • 5 years of experience in the Financial Services sector, specifically in the Investment Management, Funds Services or Securities Services industry including knowledge of investment strategies and markets and understanding of security types (including derivatives).
  • Knowledge of the English language is required.
  • Competent and sufficient with Microsoft Office Suite (Word, Excel, Powerpoint, etc…).
  • Proven ability to work independently in a high stress, time sensitive environment.
  • Strong interpersonal, customer service, verbal, and written communication skills.
  • Demonstrated excellence in decision-making and analytical abilities.
  • Knowledge of, or demonstrated ability to learn, complex derivative securities.
  • Strong attention to detail with the ability to manage multiple projects simultaneously.

Preferred Qualifications:

  • Experience working on SimCorp Dimension for IBOR/ABOR functionalities.
  • Experience supporting US 40 Act Fund Accounting activities.
  • Advanced competency with market data applications (Bloomberg) and Excel.
  • Good understanding of the Front-to-Back Office functions and workflows within Investment Management & Funds Services industry.
  • Experience working in international environment and with different locations.

What’s in it for you

In addition to competitive compensation, we offer flexible benefits including a family and spouse insurance program, a defined contribution pension plan and paid days for volunteering. Hybrid work arrangements, such as remote working up to 50% and flexible working hours are available for most positions. BNP Paribas provides excellent training and personal development programs, as well as opportunities for career development within the company and internationally.

To find out more about our range of benefits, click here

What you need to know

  • We will review candidates as they apply, so don’t wait to submit your application;
  • BNP Paribas is committed to accessibility and inclusion. If you need any accommodation during the recruitment process, you can contact accessibility@us.bnpparibas.com
  • You must be legally eligible to work in the Greater Montreal area and, if applicable, hold a valid work or study permit. Physical presence in BNP Paribas’ office(s) is an essential function of this position;
  •  Given the vast majority of our clients, both internal and external, are based outside of Quebec and Canada, specific language requirements may apply. These will be clearly mentioned in the qualifications of the position;

Diversity, Equity and Inclusion (DE&I) at the heart of our commitments

At BNP Paribas all employees are on an equal footing allowing us to create a work environment that values and respects people for their talents, skills and competences.

BNP Paribas recruits, employs, trains, compensates and promotes regardless of race, religion, colour, national origin, sex, disability, age, and other protected status (Employment Equity Act and Canadian Human Right Act).

To learn more about our DE&I commitments, click here

About us

BNP Paribas is the top bank in the European Union and a major international banking establishment. Present in 63 countries, with more than 180,000 employees, the bank holds key positions in several areas of banking and financial services.

BNP Paribas’ mission is to contribute to a responsible and sustainable economy by financing and advising its clients according to the highest ethical standards, while striving to respond to essential concerns in terms of the environment, regional development and social inclusion.

Since 1961, BNP Paribas has supported large Canadian companies and institutions in their business development by offering a full range of specialized financial services and investment products.

With over 1,400 employees, BNP Paribas in Canada continues to attract experts from diverse fields as well as ambitious young talent from around the world. We are proud to offer our employees a rewarding and international workplace where they can build their professional careers by honing their skills, meeting challenges and enriching their knowledge of the financial industry.

Our certifications and partnerships

·         Montreal’s Top Employers 2024

·         Canada’s Best Diversity Employers 2024

·         Women in Governance  – Parity certified –  Gold certification

·         Pride at Work Canada

·         Rainbow Accreditation issued by Canada’s LGBT+ Chamber of Commerce (CGLCC)

·         IndigenousWorks

·         Part of Les Affaires top 300 companies in Quebec

·         Synclusiv

·         Ready, Willing and Able

·         Autisme sans Limites

Do you want to discover other BNP Paribas offers in Canada?

Click here: BNP Paribas in Canada Our job offers

** Only selected applications that meet the requirements of the role will be contacted **

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