Senior Associate - MO, Trade Processing
BNP Paribas
Date: 1 day ago
City: Chennai, Tamil Nadu
Contract type: Full time
About BNP Paribas India Solutions
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.
About BNP Paribas Group
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability
Commitment to Diversity and Inclusion
At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.
About Business Line/Function
The middle office supports the front office by processing transactions, managing risks and ensuring compliance.
The middle office tracks and processes all deals made by front office before they are reconciled by back office.
Job Title
Senior Associate
Date
Department:
AFS - MO
Location:
Business Line / Function
IFSO
Reports To
(Direct)
Grade
(if applicable)
(Functional)
Number Of Direct Reports
NA
Directorship / Registration
NA
Position Purpose
Minimum 4 - 7 years of experience with Investment Banking background.
Responsibilities
Direct Responsibilities
¡ Working as a member of the Trade Processing team that includes trade capture, Matching & settlement of Securities, FX and Money market instruments and Derivatives Products.
¡ 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.
¡ Ensure/Contribute for smooth day-to-day operations are managed with 100% accuracy (Acquire in-depth knowledge in Trade booking, Matching, Settlements and reconciliation) manage priorities during workloads and to ensure all tasks are completed in a timely and accurate manner within agreed SLA’s.
¡ Attention to detail/checks are required to be done 100% effectively for all Daily, Weekly & Monthly activities, responding to queries on time, handling calls with spoke, brokers and clients as required.
¡ Ensure/contribute for KPI’s & KMP’s
Contributing Responsibilities
¡ Ensure to contribute a minimum of 2 process improvements are suggested/Implemented.
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
Skills
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Ability to collaborate / Teamwork
Adaptability
Critical thinking
Creativity & Innovation / Problem solving
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
Master Degree or equivalent
Experience Level
At least 3 years
Other/Specific Qualifications (if Required)
¡ Must be prepared to work in any shift supporting Asia/Americas/European business hours.
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.
About BNP Paribas Group
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability
Commitment to Diversity and Inclusion
At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.
About Business Line/Function
The middle office supports the front office by processing transactions, managing risks and ensuring compliance.
The middle office tracks and processes all deals made by front office before they are reconciled by back office.
Job Title
Senior Associate
Date
Department:
AFS - MO
Location:
Business Line / Function
IFSO
Reports To
(Direct)
Grade
(if applicable)
(Functional)
Number Of Direct Reports
NA
Directorship / Registration
NA
Position Purpose
Minimum 4 - 7 years of experience with Investment Banking background.
Responsibilities
Direct Responsibilities
¡ Working as a member of the Trade Processing team that includes trade capture, Matching & settlement of Securities, FX and Money market instruments and Derivatives Products.
¡ 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.
¡ Ensure/Contribute for smooth day-to-day operations are managed with 100% accuracy (Acquire in-depth knowledge in Trade booking, Matching, Settlements and reconciliation) manage priorities during workloads and to ensure all tasks are completed in a timely and accurate manner within agreed SLA’s.
¡ Attention to detail/checks are required to be done 100% effectively for all Daily, Weekly & Monthly activities, responding to queries on time, handling calls with spoke, brokers and clients as required.
¡ Ensure/contribute for KPI’s & KMP’s
Contributing Responsibilities
¡ Ensure to contribute a minimum of 2 process improvements are suggested/Implemented.
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
Skills
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Ability to collaborate / Teamwork
Adaptability
Critical thinking
Creativity & Innovation / Problem solving
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
Master Degree or equivalent
Experience Level
At least 3 years
Other/Specific Qualifications (if Required)
¡ Must be prepared to work in any shift supporting Asia/Americas/European business hours.
How to apply
To apply for this job you need to authorize on our website. If you don't have an account yet, please register.
Post a resumeSimilar jobs
ANALYST, ACCOUNT RECEIVABLE
Walmart Global Tech India,
Chennai, Tamil Nadu
6 days ago
Position Summary...What you'll do...Job summary:Join Walmart's dynamic Health & Wellness Operations Team as an associate and play a key role in driving the operational excellence and growth of our healthcare services. In this position, you will oversee and optimize the daily operations of our Health & Wellness division, ensuring seamless integration of retail and clinical services – Walmart has their...
Java Engineering Manager
Hapag-Lloyd AG,
Chennai, Tamil Nadu
1 week ago
Company: Hapag Lloyd Technology Centre (HLTC)Location: ChennaiExperience: 10 - 16 yearsAre you a seasoned Java expert with leadership skills? Join us at Hapag Lloyd Technology Centre (HLTC) as a Java Engineering Manager in Chennai! We are seeking a talented individual with a minimum of 10 years' experience in Java, J2EE, JPA - Eclipse Link, and Rest API. If you're skilled...
Associate Manager, FCC Investigation
Standard Chartered India,
Chennai, Tamil Nadu
1 week ago
Key ResponsibilitiesStrategyEnsure that there is adequate support (people, processes, tools, frameworks, systems) in the respective team for necessary FCC controls. BusinessSupport relevant stakeholders by managing and closing cases inline with group defined CADProvide relevant feedback on cutovers, project go lives and systemic migrationsProvide relevant feedback on process notes and DOIsProvide required MIS and data to assist in any reporting as...
