Deputy Head of Fund Dealing Services

May 1, 2024

Deputy Head of Fund Dealing Services


  • Standard / Permanent
  • IE-L-Dublin
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Job Title

Deputy Head of Fund Dealing Services

Business Unit

Banking & Custody – BNP Paribas S.A. Dublin Branch

Contract Type

Permanent Contract


Sandyford, Dublin

About BNP Paribas: 

At BNP Paribas, we center our values on what drives the company forward. Our driving forces are Agility, Client Satisfaction, Compliance Culture and Openness.

Ø  Agility: we want to behave more simply to embrace useful innovation and digital transformation.

Ø  Client Satisfaction: we believe that our success lies in being the customers’ and clients’ preferred choice. We seek to listen carefully to them and work closely with them.

Ø  Compliance Culture: We believe in promoting clear rules to foster a strong culture of compliance and ethics.

Ø  Openness: We promote open-minded attitudes towards our stakeholders. We aim for everyone in Group to feel included, to have their say and be empowered. 

Our strengths are based off four key areas of Stability, Expertise, Responsibility and Good Place to Work.

Ø  Stability: we build upon our solid, long-term oriented management, our diversified and integrated business model and our international footprint.

Ø  Expertise: We build upon our recognised and expanding knowledge of our teams.

Ø  Responsibility: We build upon our culture of responsibility and integrity to ever better serve the interest of our customers.

Ø  Good Place to Work: We foster a stimulating workplace where people are treated fairly and with respect.


BNP Paribas S.A., Dublin Branch consists of 3 functions: Depositary, Global Custody and Fund Dealing Services (FDS).

Within the FDS team, its main functions are to manage the onboarding of new clients, execute and settle client orders in underlying target funds, and act as the point of contact on clients’ FDS queries.

This specific role will support the Head of FDS managing the FDS team, its functions and resources, be accountable for the timely execution and settlement of client orders, and ensure full compliance with local and group procedures.

It requires team leadership, a complete knowledge of all workload and systems and ability to assess all risk aspects. 

Key Responsibilities:

Responsibilities of the role include but are not limited to the following:

§  Assist in the management of the FDS Department on a day to day basis to provide Custody services to our clients.

§  Ensure the Operations team and the Regulatory/Reporting teams perform and complete all functions as required

§  Continuous review of the Custody operations to review and mitigate risk and ensure there is no operational incidents and exposure for BNP Paribas

§  Ensuring that all open key risk items are addressed in a clear & timely manner.

§  Ensure that departmental controls/procedures/checklists are reviewed and maintained on a regular basis.

§  Look to continuously enhance controls and reduce risk with all manual aspects of the FDS teams.

§  Regular interaction with the department managers and the Branch Manager on all aspects of the service.

§  Responsible for ensuring BNP Paribas management are provided with monthly management information reports.

§  Ownership of the oversight functions with outsourced locations such as Static Data and Reconciliations. Ensure adequate controls and agreements are in place in addition to regular oversight meetings.

§  Management of staff within the department, provide guidance and support as and when required.

§  Participation in additional projects that may be required,e.g. onboarding, testing of new functionalities within systems and provide details analysis and input in to such tasks.

§  Facilitate the delivery of client on-boarding within the required deadlines

§  Understand the changing needs of our industry and keeping up with current product offerings

§  Responsible for solving issues and incidents and monitoring delivery of solutions and overall service to client and the wider internal organization.

§  Help foster and cultivate a change culture where we strive to provide the highest quality service, drive new enhancements, develop best practice and support the build out of capacity and scale within the organization.

§  Lead and motivate staff, particularly direct reports.

§  Set and maintain standards of personal and professional performance/behaviour; ensuring staff accountability and adherence to company policies and procedures.

§  Provide coaching, guidance and support to staff on technical, professional and client issues

§  Monitor and appraise the performance of team – providing regular formal and informal feedback .

§  Other duties within the Custody Department as and when assigned by management

§  Ensure all relevant procedures and policies i.e. Group, Local and specific departmental, are followed in relation to the end to end business revenue cycle and specific departmental responsibilities.

Qualifications & Experience required for this role:

The applicant must have:

  • Results oriented – a proactive and principled business partenr
  • Ability to manage a team within a busy environment and provide strong team leadership skills
  • Strong systems experience
  • Strong Client Service orientation
  • High knowledge of the custody function, regulatory requirements and the risks associated with each process
  • Excellent time management skills and ability to multi-task. Also, ability to plan and organise workload of the department to meet deadlines, taking into account relative priorities.

Why Work with Us?

Ø  We are the bank for a changing world and aim to build positive change together with our employees. 

Ø  We are a team of passionate people who genuinely care about what we do and the impact our work delivers to our clients. We operate in a highly collaborative, open-minded environment that embraces innovation and creativity. 

Ø  Our remuneration and benefits packages are generous, with competitive salaries, a discretionary bonus scheme, company pension contribution, comprehensive private healthcare packages and numerous other benefits.

Ø  We have a genuine commitment to work-life balance throughout the whole organisation. We are also committed to equality, diversity and inclusion and actively promote equal opportunities. 

Ø  Development and mobility is actively encouraged. We are a learning company – there is real opportunity to grow, develop and expand your skills, experience and career path. 

Ø  We are a global company operating in over 60 countries with over 190,000 employees from over 150 nationalities. In Ireland we have approximately 500 employees across Dublin and Galway working in Corporate Institutional Banking (CIB) and BNP Paribas Security Services (BP2S) and Greenval.

Compliance Culture: We believe in promoting clear rules to foster a strong culture of compliance and ethics.  We would expect any incoming member of staff to respect all financial security related legislation, including: anti-money laundering (AML); countering the financing of terrorism (CFT); international financial sanctions and embargoes (IFS); anti-bribery and corruption (ABC); KYC; ongoing client related data screening; and transaction monitoring.  BNP Paribas have clear policies on these topics which all staff are expected to familiarise themselves with upon successful entry to the Group.

Equality and Diversity

BNP Paribas is an equal opportunities employer and proudly cultivates a diverse workforce. We believe that diversity of experience enhances our service offering to clients and leads to a better working environment. We encourage applications from the best candidates regardless of age, ethnicity, gender, gender identity, nationality, disability, sexual orientation, socio-economic background, parental and caring status, or religious belief.

By submitting your application, you agree to BNP Paribas completing a background check and screening in advance of any potential offer being made

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