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 fabusinesses 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:
Data Admin provides Asset Creation, Pricing, Corporate Action, Fund/Index and Benchmark services to multiple clients positioned across the globe.
Job Title:
Senior Associate
Date:
Department:
Data Administration
Location:
Business Line / Function:
IFSO
Reports to:
(Direct)
Asst. Manager / Manager
Grade:
(if applicable)
-
(Functional)
Manager
Number of Direct Reports:
NA
Directorship / Registration:
NA
Position Purpose
The position will be responsible to setting up security details in accounting platforms or pricing securities via pricing tool to support the Fund Administration team to calculate the NAVs for Funds or processing / monitoring corporate actions based on vendor inputs. Hands-on expertise in managing clients and projects. Manage the work effectively with team members to accomplish common goals. Generate creative solutions to problems, Ability to plan work ahead and to prioritize workload in an organized manner.
Responsibilities
Direct Responsibilities
Pricing:
This team updates the prevailing prices of the securities to enable the fund accountants to ascertain the market value of the securities as a part of fund valuation (NAV/ GAV)
Pricing activity is carried out on different applications for clients across APAC, UK and EMEA regions.
Asset creation:
This team is responsible to setup the reference data of various instruments in the respective accounting platforms. Multiple regions such as APAC, EMEA and UK are supported.
Corporate Action:
This team is responsible to process Dividend and Corporate Action events based on inputs received from multiple vendor sources to enable Fund Accounting teams to record the income / events in portfolios valuated.
Data Management:
The team is responsible for Index, BM and Fund set-up in B-One and Cispeo and also monitor fund and indices acquisition from vendors to ensure that the NAV and Index values are delivered to IADS as per the agreed SLA. Perform L1, L2 and L3 services to the IADS clients.
Basic Requirement
· Knowledge on Capital Markets and knowledge of Security Pricing / asset setup Management/ Index and BM or outsourced Operations
· An understanding of a variety of Instrument types including Equities, Bonds, Unit Trusts
Technical Requirement
· In depth understanding on the system functionalities. The applications we use and data retrieval from vendors.
· Trouble shooting skills set to have smooth BAU.
Contributing Responsibilities
· Process accurate security pricing / Asset Creation / Corporate Action/ Fund, Index and BM creation/ Fund and Index acquisition on a Global basis within given deadlines.
· Interact with both internal and external parties to resolve pricing / Asset creation issues / fund, index acquisition and new set-up and queries.
· Query resolution in accordance with time frames set out in Client SLA’s
· 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’s/ controls to ensure completeness of processing.
· Work with the Vendors and other parties to capture security prices / Asset Creation/ Indices and BMs
· Resolve pricing / Asset Creation / Corporate issues/ fund and index set-up and acquisition in a timely basis.
· Based on the experience, she /he should able to identify the areas for improvements in the process and implement stringent controls and ensure operational excellence.
Client Focus
Complete commitment to provide professional and prompt responses to meet clients’ requirement.
Communication
Oral:
Expressing ideas effectively in individual and group situations. Adjusting communication style to match the needs of the audience.
Written:
Expressing ideas clearly in all written documents. Using professional, appropriate language at all times, and adhering to the use of the BNPP Email protocols.
Team Work
Work effectively with team members to accomplish goals, exhibit high-level of respect to colleagues, display integrity in dealing with team members.
Continuous Improvement and Adaptation
Be innovative, embrace changes, and simplify the comprehensive areas without compromising on quality or timeline. Adapt continuous improvement as a culture.
Primary responsibilities
· BAU Excellence
· Client Focus
· Risk & Controls
· Team Work
· Learning & Development
Technical & Behavioral Competencies
· Effective people and client communication
· Innovation and Initiative
· Flexibility & Adaptability
· Integrity, Trust and Fairness
Specific Qualifications (if required)
· Graduates / Post Graduates (B.Com/MBA)
· Candidates should be willing and flexible to work in any shifts
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Adaptability
Ability to collaborate / Teamwork
Communication skills - oral & written
Attention to detail / rigor
Transversal Skills: (Please select up to 5 skills)
Ability to understand, explain and support change
Ability to develop others & improve their skills
Ability to develop and adapt a process
Ability to set up relevant performance indicators
Analytical Ability
Education Level:
Bachelor Degree or equivalent
Experience Level
At least 3 years
Other/Specific Qualifications (if required)
· Must be prepared to work in any shift supporting Asia/Americas/European business hours.
· Relevant years of experience: 3+ years
· Create a collaborative workplace, maintain morality of the team and be a team player
· Strong analytical skills, detail orientation, service commitment, solid organizational and interpersonal skills.
