BNP Paribas jobs - Associate L1

Note to Hiring Manager:

In support of BNP Paribas APAC's Diversity Commitment, Hiring Managers are to consider at least 1 Asia Pacific national, 1 male and 1 female candidate for the position to be filled.

Job Title

Associate/Associate L1

Date

03 Nov 2020

Department

AFS – MO TP SYD

Location:

Chennai

Business Line / Function

IFSO

Reports To

(Direct)

Grade

(if applicable)

(Functional)

Assistant Manager

Number Of Direct Reports

NA

Directorship / Registration

NA

Position Purpose

Taleo to be raised for the open position in trade management, who will be responsible to understand the trade matching concept, settlement concept and perform reconciliation between client and custodian records.
Manage the Work effectively with team members to accomplish common goals. Generate creative solutions to problems, Ability to plan work ahead and to prioritize workload in an organized manner

Responsibilities

Direct Responsibilities

• Working as a member of the Trade Processing team that includes trade capture, Matching & settlement of Securities.
• Process Global Security transactions on the Global trade processing platforms within given deadlines
• Interact with both internal and external stake holders to resolve trade confirmation and settlement queries
• Monitoring of transactions to confirm instructions from the client are processed in a timely and accurate manner thus ensuring timely settlement and accounting
• Ensure that all trades are matched within market/client deadlines
• Ensure client positions are correct and all transactions are processed
• Query resolution in accordance with time frames set out in Client SLA’s
• Work with the Custodians and brokers for timely matching and settlement.
• Reporting of exceptions in line with internal control and external client requirements.
• Resolve failed trade queries proactively.
• Escalating exceptions and failed transaction to appropriate stake holders for early resolution.
• Ensure all errors/break down of procedure are documented as per BNP Paribas policy
• Extensive communication with Internal & External parties.
• Investigating and resolving custodian exceptions for all 3 product classes.
  
  

Contributing Responsibilities

• Participate in Brain Storming Sessions and share the best practices and ideas with the peer groups and team members.
• Constantly update and review procedures to keep up to date with the change in process.
• Participate in ad-hoc projects and new initiatives.
• Performing a range of daily, weekly, monthly controls to ensure completeness of processing and that any inappropriate postings, matching etc. is identified and resolved promptly
  
  

Technical & Behavioral Competencies

• Thorough understanding of all Capital market, Financial Instruments, Investment baking processes and above average accounting skills
• Proficient in Microsoft Office Applications and strong MS Excel skills required.
• Strong analytical skills, detail orientation, service commitment, solid organizational and interpersonal skills.
• Capacity to deal with high volumes of activity
  
  

Specific Qualifications (if Required)

• Graduates / Post Graduates (B.Com/MBA)
• Candidates should be willing and flexible to work in any shifts
• Associate – Associate Level 1: 0- 4 years of experience with Investment Banking background
  
  

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Adaptability

Ability to collaborate / Teamwork

Communication skills - oral & written

Attention to detail / rigor

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Ability To Develop Others & Improve Their Skills

Ability to develop and adapt a process

Ability to set up relevant performance indicators

Analytical Ability

Education Level

Bachelor Degree or equivalent

Experience Level

At least 1 year

Other/Specific Qualifications (if Required)

• Must be prepared to work in any shift supporting Asia/Americas/European business hours.
  

Primary Location

IN-TN-Chennai

Job Type

Standard / Permanent

Job

OPERATION PROCESSING

Education Level:Bachelor Degree or equivalent (>= 3 years)

Experience Level:At least 1 year