Job
Description – APAC
Note to Hiring Manager:
In support of BNP
Paribas APAC's Diversity Commitment, Hiring Managers are to consider at least 1
Asia Pacific national, 1 male and 1 female candidate for the position to be
filled.
Job
Title:
Associate
Associate Level1
Date:
09th April 2019
Department:
Global Reconciliation
Location:
GSO, Chennai
Business
Line / Function:
Market and Financing Services
Reports
to:
(Direct)
Team manager - Global Reconciliation team
Grade:
(if
applicable)
(Functional)
Number
of Direct Reports:
Directorship
/ Registration:
Position
Purpose
Provide
a brief description of the overall purpose of the position, why this position
exists and how it will contribute in achieving the team’s goal.
Associate/Associate Level 1 will
be responsible for performing daily tasks related to Global Reconciliation
team carried out in the MFS department. He/ She will work on the daily tasks,
reporting and investigation and will report directly to the Team Manager of
the Reconciliation team. The staff will be working closely with all internal
teams, Paris and local management as part of their daily BAU. Good functional
understanding of the securities lending business is key along with basic
knowledge of Settlement, Corporate Action, Collateral management, billing
function related to securities lending business.
Responsibilities
Direct Responsibilities
¡ Should have strong understanding on Reconciliation process
perform all the reconciliation and reporting tasks correctly.
¡ Identifying exceptions and out of balance situations, and
liaised with internal departments as required, to reach resolution in a
timely manner.
¡ Prioritize the work and conduct investigation with due diligence
on all the discrepancies/breaks and respond to all queries with in the
timeframe agreed as per SLA and procedures.
¡ Post the manual journal entries correctly into the accounting
systems
¡ Send daily/Weekly/Monthly/Quarterly break reports without fail
and follow-up on high risk items with the concerned department for the
clearance without fail.
¡ Perform contract compare in Equilend for all open contracts and
investigate on breaks.
¡ Follow appropriate escalation procedures
¡ Strictly adhere to established departmental processing
procedures and controls
¡ Anticipate issues that may adversely affect Operations and
propose possible solutions.
¡ Constantly improve business knowledge through training and
multi-skilling and ensure yourself is cross-trained across various functions
in the team.
Technical
& Behavioral Competencies
¡ Ability to work independently, as well as in a team environment,
prioritizes multiple tasks, and meets strict deadlines.
¡ Ability to work in a team environment in coordination with the
colleagues and the mangers.
¡ Proficient in Microsoft Office Applications and strong MS Excel
skills required.
¡ Work Experience in Intellimatch will be preferable
Specific
Qualifications (if required)
Good Accounting knowledge
Skills Referential
Behavioural Skills: (Please select up to 4
skills)
Ability to
collaborate / Teamwork
Creativity & Innovation /
Problem solving
Communication skills - oral &
written
Client focused
Transversal
Skills:
(Please select up to 5 skills)
Ability to
develop others & improve their skills
Ability to
develop and leverage networks
Ability to
develop and adapt a process
Choose an item.
Choose an item.
Education Level:
Bachelor Degree or equivalent
Experience Level
Indifferent
Other/Specific Qualifications (if required)
Job
Description – APAC
Note to Hiring Manager:
In support of BNP
Paribas APAC's Diversity Commitment, Hiring Managers are to consider at least 1
Asia Pacific national, 1 male and 1 female candidate for the position to be
filled.
Job
Title:
Associate
Associate Level1
Date:
09th April 2019
Department:
Global Reconciliation
Location:
GSO, Chennai
Business
Line / Function:
Market and Financing Services
Reports
to:
(Direct)
Team manager - Global Reconciliation team
Grade:
(if
applicable)
(Functional)
Number
of Direct Reports:
Directorship
/ Registration:
Position
Purpose
Provide
a brief description of the overall purpose of the position, why this position
exists and how it will contribute in achieving the team’s goal.
Associate/Associate Level 1 will
be responsible for performing daily tasks related to Global Reconciliation
team carried out in the MFS department. He/ She will work on the daily tasks,
reporting and investigation and will report directly to the Team Manager of
the Reconciliation team. The staff will be working closely with all internal
teams, Paris and local management as part of their daily BAU. Good functional
understanding of the securities lending business is key along with basic
knowledge of Settlement, Corporate Action, Collateral management, billing
function related to securities lending business.
Responsibilities
Direct Responsibilities
¡ Should have strong understanding on Reconciliation process
perform all the reconciliation and reporting tasks correctly.
¡ Identifying exceptions and out of balance situations, and
liaised with internal departments as required, to reach resolution in a
timely manner.
¡ Prioritize the work and conduct investigation with due diligence
on all the discrepancies/breaks and respond to all queries with in the
timeframe agreed as per SLA and procedures.
¡ Post the manual journal entries correctly into the accounting
systems
¡ Send daily/Weekly/Monthly/Quarterly break reports without fail
and follow-up on high risk items with the concerned department for the
clearance without fail.
¡ Perform contract compare in Equilend for all open contracts and
investigate on breaks.
¡ Follow appropriate escalation procedures
¡ Strictly adhere to established departmental processing
procedures and controls
¡ Anticipate issues that may adversely affect Operations and
propose possible solutions.
¡ Constantly improve business knowledge through training and
multi-skilling and ensure yourself is cross-trained across various functions
in the team.
Technical
& Behavioral Competencies
¡ Ability to work independently, as well as in a team environment,
prioritizes multiple tasks, and meets strict deadlines.
¡ Ability to work in a team environment in coordination with the
colleagues and the mangers.
¡ Proficient in Microsoft Office Applications and strong MS Excel
skills required.
¡ Work Experience in Intellimatch will be preferable
Specific
Qualifications (if required)
Good Accounting knowledge
Skills Referential
Behavioural Skills: (Please select up to 4
skills)
Ability to
collaborate / Teamwork
Creativity & Innovation /
Problem solving
Communication skills - oral &
written
Client focused
Transversal
Skills:
(Please select up to 5 skills)
Ability to
develop others & improve their skills
Ability to
develop and leverage networks
Ability to
develop and adapt a process
Choose an item.
Choose an item.
Education Level:
Bachelor Degree or equivalent
Experience Level
Indifferent
Other/Specific Qualifications (if required)
