Job Title: Assistant Manager
Department: Asset Management – Investment Operations
About Business line/Function: Asset Management – Benchmark
Position Purpose:
You, as a member of the Benchmark Operations, will be responsible for the daily creation of index & benchmarks, daily monitoring controls and validation of indices and Benchmark. Besides the creation, you will provide effective support to internal and external clients. You are responsible to manage the team in absence of Manager.
Responsibilities
Benchmark:
This team is responsible for creating/maintaining indices & benchmark for funds and mandate in accounting platform.
· Strong knowledge of capital markets, including portfolio structure, benchmark creation, and index fundamentals.
· In-depth understanding of portfolio composition, including sleeves, share classes, and benchmark construction.
· Familiarity with index types, levels, constituents, and return types, as well as the ability to calculate returns at various levels.
· Ability to investigate and resolve discrepancies between bottom-up and top-level return calculations.
· Effective communication skills to handle complex issues with internal and external stakeholders.
· Understanding of corporate actions and their impact on portfolios.
· Strong problem-solving skills to ensure smooth business-as-usual (BAU) operations and resolve issues efficiently.
· Ability to prioritize tasks, manage multiple deadlines, and maintain a high level of productivity in a dynamic environment.
· Capacity to remain calm, focused, and composed when faced with challenging situations, tight deadlines, or multiple competing demands.
· Proactively manage workload to ensure timely completion of tasks and zero delays.
Contributing Responsibilities
· Conduct Brainstorming Sessions and share the best practices and ideas with the peer groups and team members.
· Constantly review procedures to keep up to date with the change in process.
· Manage all ad-hoc projects and new initiatives.
· Performing a range of daily, weekly, monthly reporting/ controls to ensure completeness of processing.
· Process accurate Benchmark on a Global basis within given deadlines.
· Interact with both internal and external parties to resolve benchmark related issues and queries.
· Query resolution in accordance with time frames set out in Client SLAs.
· Work with the Vendors and other parties to capture the data for benchmark and Index Creation.
· Resolve Benchmark & Index issues in a timely manner.
· Based on the experience, she /he should be able to identify the areas for improvements in the process and implement stringent controls and ensure operational excellence.
· Grooming People to become better SMEs and Managers. Manage attrition effectively.
· Achieve and respect the deadlines of the projects assigned by the senior management.
· To be based in Chennai and prepared to travel to onshore locations, as required.
· Complete commitment to provide professional and prompt responses to meet clients’ requirements
· Expressing ideas effectively in individual and group situations. Adjusting communication style to match the needs of the audience.
· Expressing ideas clearly in all written documents. Using professional, appropriate language always, and adhering to the use of the BNPP Email protocols.
· Work effectively with team members to accomplish goals, exhibit high-level of respect to colleagues, display integrity in dealing with team members.
· Be innovative, embrace changes, and simplify the comprehensive areas without compromising on quality or timeline. Adapt continuous improvement as a culture.
Technical & Behavioral Competencies
· Effective people and client communication
· People management skill
· Values and attitude
· Innovation and Initiative
· Flexibility & Adaptability
· Integrity, Trust and Fairness
Specific Qualifications:
· Graduation / Post Graduation from any recognized University with Finance as Major.
· Candidates should be willing and flexible to work in any shift.
· 2 to 10 years of experience in the field of Benchmark & Indices would be preferable.
· Working experience with the most important data providers: Bloomberg, LSEG etc.
· Working experience with the Aladdin accounting platform is preferred.
Skills Referential (Required knowledge, skills and abilities)
Technical Skills:
· Accounting: Knowledge of basic accounting principles, financial reporting, and accounting standards
· Financial Markets: Understanding of financial markets, instruments, and products (e.g., stocks, bonds, derivatives, currencies).
· Knowledge of Investment Banking and its Trade Life Cycle
· Exposure to basic Microsoft tools like Excel, PowerPoint, Word, Outlook, Macros and Power BI.
Behavioral Skills:
· Leadership Skills
· Effective people and client communication
· Working collectively
· Time Management
· Flexibility & Adaptability
· Effective decision making, problem-solving and influencing skills
· Act as a back up to the Team Head
Education Level: Graduation / Post Graduation from the recognized University
Location: Chennai/Bangalore
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 specialized 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, corporate 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, European Union’s 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.
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, color, 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. 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.
