Private Capital Trainee
We are proud to be one of the founding partners of Investment 20/20, a company that helps drive a forward thinking, responsible and inclusive industry by partnering with investment companies across the UK to deliver their trainee programme. Their programme supports over 250 new trainee and apprentices each year and offer them the opportunity to attend networking events and technical training sessions throughout the year whilst completing their internship.
About BNP Paribas
BNP Paribas is one of Europe’s leading banks with an international presence in 68 countries and more than 193,000 employees. We provide clients with financing, investment, savings and risk management solutions while maintaining the highest ethical standards.
In the UK, our history dates back to 1867. Today, our clients benefit from our global reach, expertise and long-term commitment to building a responsible and sustainable financial future.
We are proud to be part of the Investment20/20 Trainee Scheme. Joining us as a trainee means you will become part of one of the greatest banks in the world with one of the largest international networks. We strive to recruit and develop the best people at all levels and are offering a one-year placement within our Securities Services business to those seeking to enter the financial services sector.
The programme offers an excellent opportunity to gain hand's on experience and will give you the chance to experience a full-time role in one of our business lines or functional areas. From the outset, you will be contributing to the output of your team, taking responsibility and working with leading professionals.
Business Area
Securities Services is a leading global custodian and securities services specialist that provides multi-asset post-trade and asset servicing solutions for buy and sell-side market participants, corporates and issuers.
The UK Fund Services department is a high-profile business area in the United Kingdom comprising of the following key operational areas:
-
Fund Accounting – Investment & Fund Services operations
-
Fund Accounting / Administration – Private Capital
-
Investment Analytics & Data Services
-
Corporate Trust Operations – Loan & debt solutions
Private capital fund accounting within the fund accounting private capital team act as the guardians of all private capital funds owning delivery of fund valuation and accounting services ensuring that they are fully compliant with fund documentation, client SLA’s, legal and regulatory requirements
The Role
To support and work as part of the Fund Accounting & Administration teams which provide Private Capital fund services, corporate services and investor services to private capital funds and underlying fund vehicles ensuring that they are fully compliant with fund documentation, legal and regulatory requirements to which they are subject.
To support the teams in ensuring that the provision of fund accounting services are aligned with the client SLA’s, all internal and external deadlines are understood and met and all operational policies, procedures and checklists are followed.
What you’ll do
Operational Excellence
-
To assist in preparation of monthly valuations & reconciliations of the funds
-
To assist in the cash reconciliation and management for the funds.
-
To assist with preparation of drawdown, equalisation and distribution calculations in accordance with the Fund documentation
-
Preparing fund distribution and call notices for investors in accordance with fund documentation
-
Preparing payment instructions accurately for approved invoices, transactions, investments, distributions and any other ad hoc payments
Client Focus
-
Liaise with various external and internal parties in the day-to-day administration of the fund
-
Ensure understanding and compliance with client SLAs and internal delivery deadlines.
-
To accompany the team to client and audit meetings, as required, in relation to the provision of Financial Statements to investors.
Risk and control
-
To provide input in relation to the review and monitoring of existing business processes, procedures and checklists to maximise efficiency and productivity in the Private Capital Team.
-
Support management in ensuring all checklists utilised in review and sign off are clearly documented and controls and are kept up to date.
-
Work closely with internal Operational Control teams to ensure effective risk measurement and controls are in place.
-
Timely escalation of any issues to management.
Change
-
Assist with the management and implementation of any continuous improvement ideas to help mitigate risk and realise efficiencies.
People
-
Ensure daily interaction and engagement across peers and wider team
-
Positive communication across daily team activity
-
Respect and adherence to company conduct best practice
-
Develop key relationships across stakeholders as required
What we’re looking for
Essential:
-
Excellent numerical, analytical and problem-solving skills with meticulous attention to detail
-
Good prioritisation & time management skills to deal with a high volume of time sensitive tasks quickly and appropriately
-
Good working knowledge of Microsoft Office Package with emphasis on Excel and Word
-
Team player and to help and step in to assist other members of the team when required
-
Good interpersonal and communication skills and able to deal with various parties both internal and external
-
The ability to manage workload and to meet all deadlines
-
Demonstrate motivation and ability to learn new applications and processes
Conduct
-
Be a role model, supporting and fostering a culture of good conduct
-
Demonstrate proactivity, transparency, and accountability for identifying and managing conduct risks
-
Consider the implications of your actions on colleagues
And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).
Why Join Us
1. A great place to work
We offer adaptable working options (including hybrid, where applicable) and a collaborative culture that values balance and inclusion.
2. A positive impact
We are committed to Net Zero in our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon. We also support our communities, with every employee receiving four volunteering days each year.
3. A focus on growth
We invest in our people through training, mentoring and career development. In 2024, nearly half of our UK Corporate & Institutional Banking roles were filled internally.
You will also join an inclusive culture, supported by networks such as Pride, Ability, MixCity (gender equality), Women in Global Markets, Multicultural Network and more.
Start date: September 2026
Equal Opportunities
We are committed to providing a work environment that promotes diversity, inclusion and equal opportunities for all.
Adjustments
If you have a disability or health condition that may require adjustments during the recruitment process, please let us know early so we can support you.
Additional Information
-
You may only apply for one Investment2020 programme per academic year
-
Successful candidates for this programme will be considered for Securities Services ONLY
-
Successful candidates for this programme will be considered for Glasgow ONLY
Sectors
Locations
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Investment20/20
Management & business +3
About us
Investment20/20 helps drive a forward thinking, responsible and inclusive investment industry where every firm attracts, develops and retains talented people from all backgrounds. Since 2013, we have helped more than 2,100 aspiring professionals start their career in investment management. Our unique paid Trainee Programme provides at least a 12-month paid job and an opportunity to develop the skills, experience, knowledge and network that helps our trainees continue to build their career.
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Sectors
Locations
We are proud to be one of the founding partners of Investment 20/20, a company that helps drive a forward thinking, responsible and inclusive industry by partnering with investment companies across the UK to deliver their trainee programme. Their programme supports over 250 new trainee and apprentices each year and offer them the opportunity to attend networking events and technical training sessions throughout the year whilst completing their internship.
About BNP Paribas
BNP Paribas is one of Europe’s leading banks with an international presence in 68 countries and more than 193,000 employees. We provide clients with financing, investment, savings and risk management solutions while maintaining the highest ethical standards.
In the UK, our history dates back to 1867. Today, our clients benefit from our global reach, expertise and long-term commitment to building a responsible and sustainable financial future.
We are proud to be part of the Investment20/20 Trainee Scheme. Joining us as a trainee means you will become part of one of the greatest banks in the world with one of the largest international networks. We strive to recruit and develop the best people at all levels and are offering a one-year placement within our Securities Services business to those seeking to enter the financial services sector.
The programme offers an excellent opportunity to gain hand's on experience and will give you the chance to experience a full-time role in one of our business lines or functional areas. From the outset, you will be contributing to the output of your team, taking responsibility and working with leading professionals.
Business Area
Securities Services is a leading global custodian and securities services specialist that provides multi-asset post-trade and asset servicing solutions for buy and sell-side market participants, corporates and issuers.
The UK Fund Services department is a high-profile business area in the United Kingdom comprising of the following key operational areas:
-
Fund Accounting – Investment & Fund Services operations
-
Fund Accounting / Administration – Private Capital
-
Investment Analytics & Data Services
-
Corporate Trust Operations – Loan & debt solutions
Private capital fund accounting within the fund accounting private capital team act as the guardians of all private capital funds owning delivery of fund valuation and accounting services ensuring that they are fully compliant with fund documentation, client SLA’s, legal and regulatory requirements
The Role
To support and work as part of the Fund Accounting & Administration teams which provide Private Capital fund services, corporate services and investor services to private capital funds and underlying fund vehicles ensuring that they are fully compliant with fund documentation, legal and regulatory requirements to which they are subject.
To support the teams in ensuring that the provision of fund accounting services are aligned with the client SLA’s, all internal and external deadlines are understood and met and all operational policies, procedures and checklists are followed.
What you’ll do
Operational Excellence
-
To assist in preparation of monthly valuations & reconciliations of the funds
-
To assist in the cash reconciliation and management for the funds.
-
To assist with preparation of drawdown, equalisation and distribution calculations in accordance with the Fund documentation
-
Preparing fund distribution and call notices for investors in accordance with fund documentation
-
Preparing payment instructions accurately for approved invoices, transactions, investments, distributions and any other ad hoc payments
Client Focus
-
Liaise with various external and internal parties in the day-to-day administration of the fund
-
Ensure understanding and compliance with client SLAs and internal delivery deadlines.
-
To accompany the team to client and audit meetings, as required, in relation to the provision of Financial Statements to investors.
Risk and control
-
To provide input in relation to the review and monitoring of existing business processes, procedures and checklists to maximise efficiency and productivity in the Private Capital Team.
-
Support management in ensuring all checklists utilised in review and sign off are clearly documented and controls and are kept up to date.
-
Work closely with internal Operational Control teams to ensure effective risk measurement and controls are in place.
-
Timely escalation of any issues to management.
Change
-
Assist with the management and implementation of any continuous improvement ideas to help mitigate risk and realise efficiencies.
People
-
Ensure daily interaction and engagement across peers and wider team
-
Positive communication across daily team activity
-
Respect and adherence to company conduct best practice
-
Develop key relationships across stakeholders as required
What we’re looking for
Essential:
-
Excellent numerical, analytical and problem-solving skills with meticulous attention to detail
-
Good prioritisation & time management skills to deal with a high volume of time sensitive tasks quickly and appropriately
-
Good working knowledge of Microsoft Office Package with emphasis on Excel and Word
-
Team player and to help and step in to assist other members of the team when required
-
Good interpersonal and communication skills and able to deal with various parties both internal and external
-
The ability to manage workload and to meet all deadlines
-
Demonstrate motivation and ability to learn new applications and processes
Conduct
-
Be a role model, supporting and fostering a culture of good conduct
-
Demonstrate proactivity, transparency, and accountability for identifying and managing conduct risks
-
Consider the implications of your actions on colleagues
And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).
Why Join Us
1. A great place to work
We offer adaptable working options (including hybrid, where applicable) and a collaborative culture that values balance and inclusion.
2. A positive impact
We are committed to Net Zero in our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon. We also support our communities, with every employee receiving four volunteering days each year.
3. A focus on growth
We invest in our people through training, mentoring and career development. In 2024, nearly half of our UK Corporate & Institutional Banking roles were filled internally.
You will also join an inclusive culture, supported by networks such as Pride, Ability, MixCity (gender equality), Women in Global Markets, Multicultural Network and more.
Start date: September 2026
Equal Opportunities
We are committed to providing a work environment that promotes diversity, inclusion and equal opportunities for all.
Adjustments
If you have a disability or health condition that may require adjustments during the recruitment process, please let us know early so we can support you.
Additional Information
-
You may only apply for one Investment2020 programme per academic year
-
Successful candidates for this programme will be considered for Securities Services ONLY
-
Successful candidates for this programme will be considered for Glasgow ONLY
Investment20/20
Management & business +3
About us
Investment20/20 helps drive a forward thinking, responsible and inclusive investment industry where every firm attracts, develops and retains talented people from all backgrounds. Since 2013, we have helped more than 2,100 aspiring professionals start their career in investment management. Our unique paid Trainee Programme provides at least a 12-month paid job and an opportunity to develop the skills, experience, knowledge and network that helps our trainees continue to build their career.
