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 24×7
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:
Global Markets Operations
Corporate Actions, Incomes and Taxes Department is part of the transversal
functions within ITO and is acting as a central interlocutor regarding
Corporate Actions, both for Fixed Income and EQD Solutions.
EQD is a dedicated Business
Line for Equity Derivatives and Financing Solutions within BNP PARIBAS Group
and a major player within CIB.
Fixed Income is specialized
in G10et Credit repo financing transactions on debts and bonds assets.
Within Global Markets
Operations pole, the Corporate Actions Department is specialized in the
analysis and the management of the corporate events affecting listed assets
(mainly securities products).
It is in charge of the
notification and the coordination for the EQD and Fixed Income industries of
any impact of these events during the overall lifecycle. In this way, the
Department is providing its services for any impacted trade involving
Trading, Clients and/or Counterparties.
Job Title:
Associate Level 1 / Senior
Associate
Date:
2024
Department:
COCE Trade Processing &
Support
Location:
Bengaluru
Business Line / Function:
COCE Trade Processing &
Support
Reports to:
(Direct)
Manager
Grade:
(if applicable)
NA
(Functional)
Number of Direct Reports:
NA
Directorship / Registration:
NA
Position Purpose
Follow up the CA, dividends
and manages their instructions & settlements processes to ensure a smooth
operation.
CA & Dividend related
Instructions
Manage instruction and
settlement process for corporate events and dividends.
Perform dividends or corporate
action related reconciliations between systems.
SLAB CA & Dividend
Management
Manage corporate actions
and dividends processes for the Lending and Borrowing activity
Projects and Process &
control efficiency
Responsibilities
Direct Responsibilities
- Perform settlement for listed Derivatives both Financial and
Commodity derivatives and handle funding for the Clearer accounts - Perform trade / position reconciliation duties among different front
and back office systems - Perform immediate investigation on irregular items such as position
breaks / cash breaks or system problems - Escalate to managers of any control incident that may cost a loss to
the bank - Ensure compliance with internal control procedures and policies
under the supervision of immediate supervisor - Conduct system enhancement testing or involve in new system
implementation project if required - Streamline the operational procedures, enhance work efficiency and
minimize operational risk - Provide support to other team members if required
Contributing Responsibilities
- Escalation & Reporting process: Internal rules of reporting and
escalation to Ops and FO need to be known & applied. - Strong Client Focus: Capacity to work with various clients,
especially FO. Need to be sensitive about the rationale of their
requests and be proactive when replying to them. Work as partnership
while consistently keeping an independent mindset. - Adaptability & Change
Management: Ability to easily adapt to new situations (new booking systems,
new products, new activities to manag) as this is a constant changing
environment - Conducting Team Meeting &
Bi-Monthly 1 on 1 with team members - Ensuring EOD control are thoroughly
performed & queues are clear with no outstanding - Providing EOD update to management
on all the activities within process.
Technical & Behavioral
Competencies
- Relevant product knowledge
- Microsoft skills (Macro, Excel,
Powerpoint & Word ) would be a major plus
Specific Qualifications (if required)
Preferred
a Bachelor on accounting, Mathematics or Finance.
Skills
Referential
Behavioural Skills: (Please
select up to 4 skills)
Ability
to collaborate / Teamwork
Attention to detail / rigor
Critical thinking
Resilience
Transversal
Skills:
(Please
select up to 5 skills)
Ability
to understand, explain and support change
Ability
to anticipate business / strategic evolution
Analytical
Ability
Choose
an item.
Choose
an item.
Education
Level:
Bachelor Degree or equivalent
Experience
Level
At
least 5 years
Other/Specific
Qualifications (if required)