Job Description

About BNP Paribas India Solutions:Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union\xe2\x80\x99s 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\xe2\x80\x99s 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\xe2\x80\x99s 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:Business line is IFSO & Primary Function for treasury operations is to manage Treasury products which includes record/posting all the transaction notifications and miscellaneous posting, i.e., interest, contributions and withdrawals etc. We match foreign exchange deals executed by the Client and ensure timely & proper settlement of these deals in the respective markets. Coordinating with both internal and external stake holders to resolve Cash & FXMM queries. FX. This is to ensure client will receive an updated cash position next day. As a part of Middle office Team Treasury operation serves Client Clean Cash payment & prefunding FX.Job Title:Associate Level 1Date:Department:AFS - MOLocation:Business Line / Function:IFSOReports to:(Direct)ManagerGrade:(if applicable)(Functional)Number of Direct Reports:NADirectorship / Registration:NAPosition Purpose :BNP Paribas Securities Services Operations team provides services to global clients in the Asian region and some \xe2\x80\x9cfollow-the-sun\xe2\x80\x9d activities for European clients. Our services include custody operations, fund accounting, middle office operations, static data management, IRP and other transversal services. The Trade Processing activity under Middle Office Operations is very important and critical process of handling clients globally across locations,An Associate Level 1 in Trade processing department performs daily BAU as per Standard Operating Procedure for the team and Client.ResponsibilitiesDirect Responsibilities\xc2\xa1 Monitoring of transactions to confirm instructions from the client are processed in a timely and accurate manner thus ensuring timely processing of payments.\xc2\xa1 Ensure that all payments were processed within market/client deadlines.\xc2\xa1 Query resolution in accordance with time frames set out in Client SLA\xe2\x80\x99s\xc2\xa1 Work with the Custodians and brokers for timely matching and settlement.\xc2\xa1 Should perform a review of the checklist to ensure all the tasks have been performed.\xc2\xa1 Able to clearly understand and envisage the Swift messages (MT103, MT202, MT210, MT304, MT300, MT299, MT199 etc)\xc2\xa1 Should pitch into the process as and when required and in-case of absenteeism.\xc2\xa1 Reporting of exceptions in line with internal control and external client requirements.\xc2\xa1 Resolve failed trade queries proactively.\xc2\xa1 Escalating exceptions and failed transaction to appropriate stake holders for early resolution.\xc2\xa1 Ensure all errors/break down of procedure are documented as per BNP Paribas policy.\xc2\xa1 Extensive communication with Internal & External parties.\xc2\xa1 Investigating and resolving custodian exceptions for all 3 product classes.Contributing Responsibilities\xc2\xa1 Constantly update and review procedures to keep up to date with the change in process.\xc2\xa1 Participate in ad-hoc projects and new initiatives.\xc2\xa1 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.\xc2\xa1 Participate in Brain Storming Sessions and share the best practices and ideas with the peer groups and team members.Technical & Behavioral Competencies\xc2\xa1 Thorough understanding of all Capital market, Financial Instruments, Investment baking processes and above average accounting skills\xc2\xa1 Proficient in Microsoft Office Applications and strong MS Excel skills required.\xc2\xa1 Strong analytical skills, detail orientation, service commitment, solid organizational and interpersonal skills.\xc2\xa1 Capacity to deal with high volumes of activitySpecific Qualifications (if required)\xc2\xa1 Graduates / Post Graduates (B.Com/MBA)\xc2\xa1 Candidates should be willing and flexible to work in any shifts\xc2\xa1 Associate \xe2\x80\x93 Associate Level 1: 0- 4 years of experience with Investment Banking backgroundSkills ReferentialBehavioural Skills: (Please select up to 4 skills)AdaptabilityAbility to collaborate / TeamworkCommunication skills - oral & writtenAttention to detail / rigorTransversal Skills: (Please select up to 5 skills)Ability to understand, explain and support changeAbility to develop others & improve their skillsAbility to develop and adapt a processAbility to set up relevant performance indicatorsAnalytical AbilityEducation Level: Graduates / Post GraduatesBachelor Degree or equivalentExperience Level: 0-2 years exp with Investment banking backgroundAt least 1 yearOther/Specific Qualifications (if required)\xc2\xa1 Must be prepared to work in any shift supporting Asia/Americas/European business hours.

BNP Paribas