Middle Office Asset Servicing Analyst

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 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

**In detail**

Review, analyze, and resolve data exceptions on a daily basis to ensure accuracy and completeness in the accounting system a timely manner.

Support valuation process with high attention to detail

Input price challenges with various valuation vendors as requested by clients.

Perform daily/weekly/monthly valuation reporting and/or controls.

Work with pricing vendors as needed to ensure valuation files are received as expected.

Validate and maintain security master data within the accounting platform and reconcile against various sources.

Ensure that all income and position based transactions are booked accurately and timely.

Perform time-critical functions daily, which require gathering and verifying information from various sources in a fast-paced and high volume environment.

Perform daily reconciliation of assigned operational function by analyzing custody and third-party data against accounting system data.

Research and resolve a variety of issues that may be complex in nature. Respond in a timely and professional manner to client queries.

Promote an energized and engaged environment.

Partner with colleagues overseas to ensure cohesive global operating model

**The strengths and skills that will help you succeed**

Bachelor’s Degree in Accounting/Finance or equivalent.

1-3 years of experience in Middle Office operational functions - IBOR management, corporate actions & income processing, securities data maintenance, securities & cash reconciliations, securities valuations.

1-3 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 ).

1-3 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).

Strong interpersonal, customer service, verbal, and written communication skills.

Strong attention to detail and accuracy.

Ability to prioritize and manage multiple projects simultaneously.

Flexibility to adapt to volume fluctuations and coverage of various tasks.

First experience working on SimCorp Dimension for IBOR/ABOR functionalities.

First experience supporting US 40 Act Fund Accounting activities.

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.

Given the vast majority of our clients, both internal and external, are based outside of Quebec and Canada, specific language requirements may apply. Knowledge of the English is required.

**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

(Opens in a new tab)

**What you need to know**

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;

**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 o