Trainee Fund Accountant

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 hands 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 Fund Services department is the backbone of the BNP Paribas UK Business. Within this team you will gain exposure to the four closely linked operating streams:

• NAV Delivery: Produces daily Net Asset Value (NAV) prices, monthly fund accounting and client reporting

• Financial Reporting: Responsible for the preparation of statutory financial statements for clients

• Fund Tax: Handles all UK fund tax compliance across all assets under administration

• Investment Analytics: Delivers performance, attribution, risk and solvency II reporting

Within the Glasgow location the Fund Administration team resides. The team acts as guardians across our Investment Accounting, Open-Ended UK and SICAV funds and Closed Ended Investment Trusts, ensuring the NAV is calculated accurately, on time and delivered to clients, auditors and trustees in line with service level agreements.

The Role

The trainee Fund Accountant is based within the Fund Administration team in Glasgow. The primary purpose of the role will be to learn the end-to-end lifecyle of the operating model linked to the delivery of the final Net Asset Value (NAV) calculation.

The role will incorporate learning the fundamental components of the NAV calculation, understanding the control environment and risk framework to support the accuracy of the calculation and developing the necessary skills to support the wider Fund Administration activities.

As the trainee develops the skills, the key activities will include:

• Production of timely daily NAV prices to clients, ensuring adherence to agreed timelines

• Contributing to the successful delivery of agreed reporting requirements in accordance with client service level agreements

• Working with internal Technical team to gain technical knowledge and skills through exposure to all products and change activity

• Supporting completion of Management Information

• Exposure to internal stakeholders to understand the lifecycle and support incident investigation and resolution

The trainee will receive a detailed training plan across all activities and full support and coaching to encourage personal and technical growth in the role.

What you’ll do

Operational Excellence

• Meet client KPIs and service level agreements (SLAs)

• Respond to routine queries from internal teams and external clients

• Escalate exceptions promptly and document actions taken

NAV Production

• Generate daily NAV prices across all in scope funds

• Follow the NAV checklist to ensure governance across control framework on all pricing ranges

• Clearance of price exceptions and reconciling trial balance data

Client Query Management

• Provide clear, timely answers to client queries about pricing, methodology or data quality

Data & Analytics

• Collate key monthly data for Management Information (MI) packs

• Produce quarterly trend analysis that feed into KPI dashboards

Governance

• Complete daily and monthly control checklists

• Track procedural updates and support audit evidence preparation

What we’re looking for

Essential:

• Excel proficiency – comfortable with formula, conditional formatting and basic to intermediate excel

• High numeracy – able to perform accurate data entry and basic calculations

• Excellent attention to detail – demonstrating accuracy before submission

• Good organisation & time management – ability to multi task and meet deadlines

• Clear written & verbal communication

• Team player – collaborating, sharing knowledge and supporting colleagues

• Client Focus

• Ownership and leading by example

• Integrity

Desirable:

• Basic knowledge of fund accounting or NAV concepts (e.g from studies, personal projects or research or online courses)

• Exposure to Microsoft Office tools

• Familiarity with UK financial services regulations (FCA, funds etc)

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

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