Senior Associate - MO - Trade Processing

About 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:

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:

The middle office supports the front office by processing transactions, managing risks and ensuring compliance.

The middle office tracks and processes all deals made by front office before they are reconciled by back office.

Job Title:

Associate

Date:

Department:

AFS - MO

Location:

Business Line / Function:

IFSO

Reports to:

(Direct)

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

NA

Directorship / Registration:

NA

Minimum 4 - 7 years of experience with Investment Banking background.

Responsibilities

Working as a member of the Trade Processing team that includes trade capture, Matching settlement of Securities, FX and Money market instruments and Derivatives Products.

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.

Ensure/Contribute for smooth day-to-day operations are managed with 100% accuracy (Acquire in-depth knowledge in Trade booking, Matching, Settlements and reconciliation) manage priorities during workloads and to ensure all tasks are completed in a timely and accurate manner within agreed SLAs.

Attention to detail/checks are required to be done 100% effectively for all Daily, Weekly Monthly activities, responding to queries on time, handling calls with spoke, brokers and clients as required.

Ensure/contribute for KPIs KMPs

Ensure to contribute a minimum of 2 process improvements are suggested/Implemented.

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

Graduates / Post Graduates (B.Com/MBA)

Candidates should be willing and flexible to work in any shifts

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Adaptability

Critical thinking

Creativity Innovation / Problem solving

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Ability to develop others improve their skills

Ability to develop and adapt a process

Ability to set up relevant performance indicators

Analytical Ability

Education Level:

Master Degree or equivalent

Experience Level

At least 3 years

Other/Specific Qualifications

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