Line / Function:
of Direct Reports:
role of an Associate / Associate L1 in the Local Settlements team requires
the person to facilitate settlement of Client trades in the relevant
Settlement Centre. The role has a weightage attached to it as the person will
have to possess good knowledge of the Trade life cycle & the Clearing and
Settlement activity. The person forms the core of the team by performing
critical activities that aid in trade settlement. This role gives the
opportunity to learn about different markets, the products offered and the nature
of settlement. This position serves as a base to master the Clearing &
of client instructions into Settlement system without any error.
clients posted on the latest status of their trades with BNP.
the client’s trades into respective markets to enhance the settlements.
with the counterparties and various other internal and external stakeholders
to enhance the process of settlement.
positions need to be accounted properly in the client accounts and
appropriate reconciliation need to done.
and positions control checks should be always kept as top priority.
of client margins and posting of the same need to be adhered.
the team and other team members in participating in cross training and
providing support and coverage during busy periods.
Idea generation that will enable to simplify the
Contribute to update the procedures in line with the
Should understand the process map and gain knowledge
about the pre and post settlement activities.
Active participation in any testing activity for the
& Behavioral Competencies
MS Office skills
Qualifications (if required)
Graduates / Post Graduates (B.Com/MBA Finance
Candidates should be willing and flexible to work in
Relevant work experience in the Trade settlements /
to collaborate / Teamwork
Communication skills -
oral & written
Innovation / Problem solving
to understand, explain and support change
Master Degree or equivalent
Other/Specific Qualifications (if