Job Description Repo/Bonds settlements About BNP Paribas Group BNP Paribas is the European Union’s 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’s 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 stability About BNP Paribas India Solutions Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe 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 6000 employees, to provide support and develop best-in-class solutions. 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 Global Market Securities Settlements team ensures that Security transactions (Bonds, Equities, Complex Securities, ETF, SLAB, Repo..) and positions registered in the books under CIB ITO’s 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. Job Title Assistant Manager Date 2025 Department COCE Trade Processing & Support – Securities settlements Location: Bengaluru Business Line / Function COCE Trade Processing & Support - Repo/Bonds settlements Reports To (Direct) NA Grade (if applicable) (Functional) Number Of Direct Reports NA Directorship / Registration NA Position Purpose Primary Responsibilities Of The Team Includes Settlement of Repo and Bonds transactions and associated products in a timely and cost effective manner Timely resolution of nostro and depot breaks Mitigation of operational and reputational risk by escalating in a timely and efficient manner Liaising with clients, brokers / counterparties and other internal support functions for smooth settlement of trades Acting as a first level escalation contact, it is essential for this role to ensure the team deliverables are met and issues are highlighted to the appropriate groups and stakeholders in a timely manner. Responsibilities Key Responsibilities: Responsible for the settlement of Repo and Bonds transactions & associated products booked in Calypso, on a timely and cost effective basis by: Ensuring all trades are instructed, matched & settled on a timely basis Monitoring of failing trades & updating calypso with details of reason for fails Reducing fails and/or potential fails by means of pairing off or offering partial for deliveries Pre-matching trades on a daily basis Cash management related with funding trades Responsible for solving Nostro and Depot reconciliation breaks on a timely basis: By investigating and where possible, clearing all nostro breaks 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 Contribute to the minimisation of settlement costs & operational risk: By becoming more risk aware and by following the procedures or Compliance rules that are in place to mitigate operational or reputational risk Monitor and take appropriate actions in case of market risks such as buy-ins, penalties etc. By seeking to improve STP rates at our custodians thereby reducing cost By updating static data as and when necessary By reducing the number of manual instructions sent to agents therefore reducing cost, manual intervention and settlement risk according to Compliance rules If necessary, using the escalation process when operational risk is detected 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 and to the Client relationship management on the whole Security Post-Trade Processing area in coordination with CIB CLM OCRM e.g. meetings, investigations, surveys. Contribute to ensure all required materials such as procedures, SOP, Skill Matrix, trainers identified, are updated. Raise to the management / project teams any dysfunctionality during the course of BAU Actively contribute to UAT testing where necessary and engage in training and coaching the new joiners Core Competencies Management skill Problem solving skills Good communication skills and strong client focus Multicultural awareness Risk awareness and attention to detail Analytical and result oriented Strong organization skills and rigorous Ability to perform multiple tasks and meet established deadlines, in a fast pace work environment Experience Required Minimum of 7 years’ experience Skills Referential Behavioural Skills: Ability to deliver / Results driven Ability to collaborate / Teamwork Communication skills - oral & written Ability to share / pass on knowledge Transversal Skills Ability to understand, explain and support change Analytical Ability Ability To Develop Others & Improve Their Skills Ability to develop and adapt a process Ability to inspire others & generate people's commitment Education Level Bachelor Degree or equivalent Experience Level At least 7 years Other/Specific Qualifications (if Required) NA Show more Show less
