Job Description

Controls and Investigation - BGLR EMEAAbout BNP Paribas India Solutions:Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Unions 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 Unions 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 Groups 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 stabilityCommitment to Diversity and InclusionAt 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 Market Securities Settlements team ensures that Security transactions (Bonds, Equities, Complex Securities, ETF, SLAB, Repo..) and positions registered in the books under CIB ITOs mandate, match the commitment actually taken with counterparties within a secure setup, in accordance with Group and Regulatory Policies and/or contractual agreements.Within the Securities Settlement Department, the main processes include pre & post settlement activities, clearing, and event-related accounting for securities deemed in scope. The Securities Controls & Investigations - Equities team is in charge of ensuring adequate Control & investigation of cash and securities breaks.Job Title:Associate Level 1Date:2024Department:GMOps - P&S - Controls & Investigation - BGLR EMEALocation:BengaluruBusiness Line / Function:Controls and InvestigationsReports to:(Direct)NAGrade:(if applicable)Associate(Functional)Number of Direct Reports:NADirectorship / Registration:NAPosition PurposePrimary responsibilities of the team includes:\xc2\xb7 Responsible for ensuring the accurate and timely reconciliation of the financial transactions.\xc2\xb7 Role requires strong analytical skills, attention to details, and a deep understanding of the financial processes.\xc2\xb7 Perform Daily reconciliation for the Equities trades.\xc2\xb7 Investigate ad resolve discrepancies in reconciliation promptly.\xc2\xb7ResponsibilitiesKey Responsibilities:

• Responsible for solving Nostro and Depot reconciliation breaks on a timely basis:

• By investigating and, where possible, clearing all nostro breaks in reported by Securities Control teams
• By passing entries to the Calypso systems to clean up outstanding items on a timely basis
• By investigating and, where possible, rectifying all depot breaks on a timely basis reported by Securities Control teams
• By investigating and solving accounting breaks raised by Securities Control & Accounting teams
• Escalating items that represent operational risk to the direct Manager
• Perform Daily reconciliation for the Equities trades.
• Investigate ad resolve discrepancies in reconciliation promptly.
• Ensure all reconciliations are completed in accordance with company policies and industry standards.
• Manage the settlement of transactions across various markets
• Prepare regular reports on reconciliation and settlement activites.
• Contribute to the overall successful running of the settlement department:

• By maintaining close relationships with traders and sales and escalating problems to them promptly where required
• By maintaining good working relationships with domestic agents and custodians
• By communicating with, and assisting, other operational departments where needed
• Ensuring direct Managers are kept informed of any potential problems & issues where appropriate.

Skills and competencies:\xc2\xb7 Ability to analyze, organize and report efficiently.\xc2\xb7 Flexibility on working methods and changing international environment.\xc2\xb7 Rigorous and reactive in order to face pressure and reach excellence anytime.\xc2\xb7 Diligently follow the set procedures and Compliance policies\xc2\xb7 Knowledge of financial markets and products, and easiness/expertise in dealing with Excel.\xc2\xb7 English speakerExperience RequiredMinimum of 1 year experienceSkills ReferentialBehavioural Skills: (Please select up to 4 skills) -Ability to deliver / Results drivenAbility to collaborate / TeamworkCommunication skills - oral & writtenAttention to detail / rigorTransversal Skills: (Please select up to 5 skills)Ability to understand, explain and support changeAnalytical AbilityAbility to develop others & improve their skillsAbility to manage a projectChoose an item.Education Level:Bachelor Degree or equivalentExperience Level :At least 1 yearOther/Specific Qualifications (if required)Qualifications

BNP Paribas