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 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 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:
Investment Analytics and Data Service (IADS) team is a department of BNP ISPL providing performances and reporting services to Asset Managers and Institutional clients. Services
provided by IADS include state-of-the-art performances and risks calculations delivered online or through
wide range of reports (accounting packs, Investment reviews, Solvency II) or data feeds.
Job Title:
Assistant Manager
Date:
Department:
IADS
Location:
Business Line / Function:
IFSO
Reports to:
(Direct)
Manager
Grade:
(if applicable)
(Functional)
Number of Direct Reports:
Directorship / Registration:
NA
Position Purpose
Investment Analytics and Data as Service (IADS) team is a department of BNP Paribas Securities Services providing performance and Risk reporting services to Asset Managers and Institutional clients. Services provided by IADS include state-of-the-art performances and risks calculations delivered online or through a wide range of reports (accounting packs, Factsheets, Investment reviews) or data feeds.
The “Assistant Manager” will be a Lead or an SME of the IADS Production Team (EMEA or APAC), which is responsible of delivering Performance and Risk Reports to clients across the world. The IADS team works in multiple shifts including Australia, Singapore, France and UK timings. Few of the key deliverables include:
· BackOffice Support to the performance and reporting services provided by the other IADS Locations,
· Performances and Risk reporting services directly provided to clients in APAC and EMEA region
Development and maintenance of the IADS systems (Large majority of IADS systems is developed in-house)
Responsibilities
Direct Responsibilities
· Gathering and check of portfolio data received from accounting sources, Client/Market analytics (Bloomberg, FactSet), manager commentaries
· Calculation and performing Key control checks for Market & Liquidity Risk Metrics like Value at risk (VaR), Stress Testing, Back testing & Liquidity reporting.
· Calculation and performing Key control checks for Credit Risk metrics like PCCR, WCCR, PCE, etc.
· Generation and distribution of daily/monthly Risk matrix including Compliance, Investment Reviews, Accounting Packs, Management reporting etc.
· Strong knowledge on Equities, Bonds, Listed and OTC Derivatives and other Exotic financial products.
· Timely escalation of issues to the concerned parties for quick and proactive resolution of queries.
· Proactive communication and broadcast to relevant stakeholders without fail.
· Responsible for timely and accurate reports delivery as per the SLA.
· Active participation and proactive approach in assigned Projects/ Transitions/Migrations and other Transversal activities as required by Management and ensure timely completion of the same.
· Review of work performed by subordinates.
· Timely review of procedure documents (User Guides) and internal controls of all the processes.
· Participate in internal / external audit, Error log review analysis and implementing corrective action plan to mitigate risk.
· Support team during escalations, identify root cause and propose preventive measure.
· Ensure that the emails are acknowledged and responded in a timely manner.
· Coordinate with clients / client facing as and when required
· Maintain high level of understanding of the client requirements and concerns.
· Responsible for grooming of the subordinates and help improve on their knowledge.
· Review performance of team members and conduct regular team huddles, one to one meeting and give constructive feedback.
· Management of relation with the Client or the internal / External teams
o Proactive communication
o Timely response to emails
o Maintain the client service KPI’s
o Participating in client service reviews
o Maintain high level of understanding of the client requirements and concerns
Contributing Responsibilities
· Participation to IADS System evolution
o Suggestion of requirements
o Participation to user acceptance testing
o Adhering to the compliance requirements of the organization
· Recommend and implement improvements to service for both clients and BPSS Investment, in terms of efficiencies and new products and services
· Ensure a robust and automated performance process in a controlled environment
· Investigate, document, report and resolve issues and recommend corrective action where appropriate.
Technical & Behavioral Competencies
· Strong understanding of financial markets, investment management and asset management
· Understanding on Risk measurement, Market and Credit Risk analysis, and calculation methods.
· Understanding of Bloomberg, FactSet and Reuters.
· Strong communication skills.
· Strong analytical and problem-solving skills
· Strong communication skills, both written and verbal.
· Basic Excel, PowerPoint and VBA skills.
Specific Qualifications (if required)
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Ability to collaborate / Teamwork
Ability to deliver / Results driven
Critical thinking
Communication skills - oral & written
Transversal Skills: (Please select up to 5 skills)
Ability to understand, explain and support change
Analytical Ability
Ability to develop and leverage networks
Ability to develop and adapt a process
Ability to set up relevant performance indicators
Education Level:
Master Degree or equivalent
Experience Level
At least 5 years
Other/Specific Qualifications (if required)
