Job Description
CMTA BILLING -AMER
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.
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
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, PNS..) 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.
Handle all tasks related to billing to ensure operational delivery; Participate in the improvement of the quality of service delivered by the Department to the affiliated Sites; Participate in the mitigation of the operational risk.
Job Title:
Senior Associate
Date:
Department:
Global Markets Operations – Securities settlements
Location:
Bengaluru
Business Line / Function:
CMTA Billing
Reports to:
(Direct)
NA
Grade:
(if applicable)
Senior Associate
(Functional)
Number of Direct Reports:
NA
Directorship / Registration:
NA
Position Purpose
Primary responsibilities of the team includes:
·Ensure timely settlement of Billing
·Monitor / resolve breaks and nostro rec items
·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:
o ▪ Input and verification of fees and interest conditions instructed by stakeholders.
o ▪ Ensure efficient management of client related service requests.
o ▪ Investigate fees calculated incorrectly / interest conditions and ensure proper communication with the impacted departments.
o ▪ Cooperate with team for any operational aspects which require further investigations or additional expertise.
o ▪ Perform User acceptance tests in case of changes or enhancements for tools used by the Billing Team.
o ▪ Mitigate the operational risk to improve Department efficiency.
o ▪ Ensure and control the correct activity during the day in order to guarantee the Department operational delivery.
o ▪ Validate if all billing and/or interests are executed in order to guarantee the Department operational delivery.
o ▪ Contribute for training according to the needs. Demonstrate ability and proactivity to share knowledge.
o ▪ Contribute for projects or internal initiatives.
Core competencies:
o Management skill
o Problem solving skills
o Good communication skills and strong client focus
o Multicultural awareness
o Risk awareness and attention to detail
o Analytical and result oriented
o Strong organization skills and rigorous
o Ability to perform multiple tasks and meet established deadlines, in a fast pace work environment
