Associate Level 1 - MO - Trade Processing

Job Description

About Business line/Function: IFSO MO - Trade Management team is part of overall MO function and Trade Management team. is responsible for processing the trade matching, settlements, and accounting. Position Purpose BNP Paribas India Solutions provides services to global clients in the Asian region and some follow-the-sun 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 particular team and Client. 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. 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 SLAs 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 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 Participate in Brain Storming Sessions and share the best practices and ideas with the peer groups and team members. 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 Level 1: 1 - 4 years of experience with Investment Banking background Skills Referential Behavioural Skills : (Please select up to 4 skills) Ability to collaborate / Teamwork Attention to detail / rigor Communication skills - oral written Adaptability Transversal Skills: (Please select up to 5 skills) Ability to understand, explain and support change Ability to develop and adapt a process Ability to develop others improve their skills Analytical Ability Ability to set up relevant performance indicators Education Level: Graduates / Post Graduates Bachelor Degree or equivalent Experience Level: 1 -2 years exp with Investment banking background At least 1 year Other/Specific Qualifications (if required) Must be prepared to work in any shift supporting Asia/Americas/European business hours.