Change Analyst Jobs in Pennsylvania

Job Title: HFA Operations Analyst Company: BNP Paribas Bank Location: King of Prussia, PA Description: BNP Paribas is a European leader in global banking and financial services and one of the four strongest banks in the world according to Standard Poors. Present across Europe through all its business lines, the Group has four domestic retail banking markets in France, Italy, Belgium and Luxembourg. It has one of the largest international networks with operations in 84 countries and 205,000 employees, including 162,500 in Europe, 15,600 in North America and 10,300 in Asia.POSITION DESCRIPTION: As part of Operations Team for BNP Paribas Financial Services, the analyst performs daily production on multiple hedge fund types including single hedge funds, fund of funds, and synthetic fund of funds. The client base includes global investment management firms servicing domiciles in the United States and Cayman Islands as well as other worldwide domiciles working congruently through the BNP Paribas Security Services network. The entities/structures serviced in the King Of Prussia location are LPs, LTDs, LLCs or similar, SPC/SPs, SPVs, Master Feeders arrangements, and managed accounts.NATURE AND SCOPE OF JOB RESPONSIBILITY-Daily Production-Confirming OTC Trades-Maintenance/Innovation of PlatformDaily Production Ensure data integrity for all data sources feeding the processing platform Reconciliation of Cash and Currency Balances with Prime Broker(s)/Custodian(s) Defining Instruments within the Security Master Position and Trade Reconciliation between the Investment Manager and the Prime Broker/Custodian Calculating Net Dealer Gain or Daily Profit and Loss from Trading Activity Instrument Specific Accruals Creating and Updating Fund Specific Fee Accruals Processing Subscriptions/Redemptions into/out of the vehicle Allocating daily gains/losses to investors of the fund Pricing/Valuation of Securities Generation of Daily Statements Presentation of Statements for Signoff from Senior Analyst Distribution of Daily Statements to ClientConfirming OTC Trades Analyst is responsible for confirming all trades executed by the BNPPFS FX Hedging Team with the Counterparty as well as confirming Cash Settlement of FX Trades with the Prime Broker and Counterparty. The will also be responsible for chasing and linking confirmations of OTC Derivatives executed by clientsMaintenance/Innovation of Platform Analyst is responsible for seeking out best practices for processing and valuation of instruments Create and submit specifications to development staff for projects assigned by supervisor Proactive support of Development Projects including daily interaction, follow up, and testing Continually review production process looking for automation opportunities