Associate Level 1 - Trade Processing

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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 / Associate Level 1 in Trade processing department performs daily BAU as per Standard Operating Procedure for the particular team and Client.

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.

Education Level: Graduates / Post Graduates

Experience Level: 1 - 3 years exp with Investment banking background

Other/Specific Qualifications

Must be prepared to work in any shift supporting Asia/Americas/European business hours.