The bank for a changing world

We are looking for

Assistant Manager- Middle Office Operations - Business Implementation

Apply REF: MO 000766

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:

Assistant Manager

Date:

28/06/2019

Department:

MO – Sydney Client  Implementation

Location:

Chennai

Business Line / Function:

IFSO – Middle Office

Reports to:

(Direct)

Rakesh Paniker

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

5

Directorship / Registration:

 

Position Purpose

·         Acquire complete understanding on projects like Client take on, Complex Portfolio Restructures, Closures, Client Exits and Reconciliation.

·         Acquire complete understanding of Fund Services, Custody & its related functions with various parties involved. For example:  Pricing, Corporate Actions, Coupons and Registry, etc.

·         Should closely work with project managers and ensure timely completion of the respective transition projects.

·         Should participate in all the stakeholders meeting and ensure complete understanding of the project as per the client requirement.

·         Should ensure all the cash / stock movement are completed within the stipulated cut offs to ensure the unit pricing of the fund are not affected.

·         Should ensure Preliminary Analysis is performed for the projects and highlight any issues to the project managers

·         Controller / Team Leader should ensure that all the activities as per the checklist are completed and documented for audit requirement.

·         Be proactive in resolving queries and escalate immediately to the Manager or Planner on any issues/queries/escalations.

·         Participate in preparation of Key/Standard Operating Procedures for each process.

·         Consistently evaluate the documented procedures to ensure they are complete, accurate and up to date.

·         Carry out other ad-hoc duties which may arise from time to time as per the client requirements.

·         Create Objectives and Manifest for the team with Manager.

·         Carry out and coordinate with ORPC during monthly evaluations.

Responsibilities

Direct Responsibilities

 

·         Mail box – Check the mail box at all times. Emails should be assigned and actioned promptly.  Ensure team knows when they have to handle the mail box and questions are asked in case they are not sure on whom to assign it to or what action needs to be taken

·         Four Eye Validations.  All Transitions TL will be the controller, In case of multiple transitions it can be handled by their one down Controller as well.

·         Ensure the DMS instructions are updated in the log.

·         TLM Reconciliation – Ensure notes are updated for all the transitions undertaken by their team. Check if the team updates the notes and actively look to clear the breaks.

·         Attend the weekly reconciliation concall.

·         Attend Hub and Spoke calls in absence of Manager.

·         Prepare Monthly MIS.

·         Sign off on the Stats, CBT and High value breaks BTO’s.

·         Review of ARPA / AMP reporting. Sign off on the ARPA / AMP reporting.

·         Assisting / Training the Team members. 

·         The transition should be completed without any issues or errors. Any issues or errors should be updated in the issue/ error log for future reference.

·         Ensure the Transition and daily checklist are signed off accordingly and all procedures are followed and checklist is updated at all times.

·         Monitor and check if the Hiport set up forms are completed and log should be updated.

·         Monitor residual log and Closure log. Ensure the issues, if any are resolved.

·         On any transition the Team leads will have to validate and save the latest timeline to the transition folder in share drive.

·         Mentoring and Training the Team.

·         Approve leaves and Shift allowance for their respective teams.

·         Any escalations and Issues on any transition should be taken care by the Team Lead and the Managers should be kept in the loop at all times.

 

 

Contributing Responsibilities

Technical & Behavioral Competencies

·         Complete understanding of Capital market, Financial Instruments, Investment banking processes and Fund accounting. 

·         Good verbal and written communication.

·         Strong analytical skills, detail orientation, service commitment, solid organizational and interpersonal skills.

·         Ability to work independently, as well as in a team environment, prioritizes multiple tasks and meets strict deadlines

·         Proficient in Microsoft Office Applications and strong MS Excel skills required.

·         Motivate and Mentor team to Perform and set desired objectives.

·         Proactive attitude with an Inclusive Mindset.

Specific Qualifications (if required)

        

Skills Referential    

Behavioural Skills: (Please select up to 4 skills)

Decision Making

Ability to deliver / Results driven

Creativity & Innovation / Problem solving

Organizational skills

Transversal Skills: (Please select up to 5 skills)

Ability to manage a project

Ability to anticipate business / strategic evolution

Ability to inspire others & generate people's commitment

Ability to develop and leverage networks

Analytical Ability

Education Level:

Master Degree or equivalent

Experience Level

At least 5 years

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:

Assistant Manager

Date:

28/06/2019

Department:

MO – Sydney Client  Implementation

Location:

Chennai

Business Line / Function:

IFSO – Middle Office

Reports to:

(Direct)

Rakesh Paniker

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

5

Directorship / Registration:

 

Position Purpose

·         Acquire complete understanding on projects like Client take on, Complex Portfolio Restructures, Closures, Client Exits and Reconciliation.

·         Acquire complete understanding of Fund Services, Custody & its related functions with various parties involved. For example:  Pricing, Corporate Actions, Coupons and Registry, etc.

·         Should closely work with project managers and ensure timely completion of the respective transition projects.

·         Should participate in all the stakeholders meeting and ensure complete understanding of the project as per the client requirement.

·         Should ensure all the cash / stock movement are completed within the stipulated cut offs to ensure the unit pricing of the fund are not affected.

·         Should ensure Preliminary Analysis is performed for the projects and highlight any issues to the project managers

·         Controller / Team Leader should ensure that all the activities as per the checklist are completed and documented for audit requirement.

·         Be proactive in resolving queries and escalate immediately to the Manager or Planner on any issues/queries/escalations.

·         Participate in preparation of Key/Standard Operating Procedures for each process.

·         Consistently evaluate the documented procedures to ensure they are complete, accurate and up to date.

·         Carry out other ad-hoc duties which may arise from time to time as per the client requirements.

·         Create Objectives and Manifest for the team with Manager.

·         Carry out and coordinate with ORPC during monthly evaluations.

Responsibilities

Direct Responsibilities

 

·         Mail box – Check the mail box at all times. Emails should be assigned and actioned promptly.  Ensure team knows when they have to handle the mail box and questions are asked in case they are not sure on whom to assign it to or what action needs to be taken

·         Four Eye Validations.  All Transitions TL will be the controller, In case of multiple transitions it can be handled by their one down Controller as well.

·         Ensure the DMS instructions are updated in the log.

·         TLM Reconciliation – Ensure notes are updated for all the transitions undertaken by their team. Check if the team updates the notes and actively look to clear the breaks.

·         Attend the weekly reconciliation concall.

·         Attend Hub and Spoke calls in absence of Manager.

·         Prepare Monthly MIS.

·         Sign off on the Stats, CBT and High value breaks BTO’s.

·         Review of ARPA / AMP reporting. Sign off on the ARPA / AMP reporting.

·         Assisting / Training the Team members. 

·         The transition should be completed without any issues or errors. Any issues or errors should be updated in the issue/ error log for future reference.

·         Ensure the Transition and daily checklist are signed off accordingly and all procedures are followed and checklist is updated at all times.

·         Monitor and check if the Hiport set up forms are completed and log should be updated.

·         Monitor residual log and Closure log. Ensure the issues, if any are resolved.

·         On any transition the Team leads will have to validate and save the latest timeline to the transition folder in share drive.

·         Mentoring and Training the Team.

·         Approve leaves and Shift allowance for their respective teams.

·         Any escalations and Issues on any transition should be taken care by the Team Lead and the Managers should be kept in the loop at all times.

 

 

Contributing Responsibilities

Technical & Behavioral Competencies

·         Complete understanding of Capital market, Financial Instruments, Investment banking processes and Fund accounting. 

·         Good verbal and written communication.

·         Strong analytical skills, detail orientation, service commitment, solid organizational and interpersonal skills.

·         Ability to work independently, as well as in a team environment, prioritizes multiple tasks and meets strict deadlines

·         Proficient in Microsoft Office Applications and strong MS Excel skills required.

·         Motivate and Mentor team to Perform and set desired objectives.

·         Proactive attitude with an Inclusive Mindset.

Specific Qualifications (if required)

        

Skills Referential    

Behavioural Skills: (Please select up to 4 skills)

Decision Making

Ability to deliver / Results driven

Creativity & Innovation / Problem solving

Organizational skills

Transversal Skills: (Please select up to 5 skills)

Ability to manage a project

Ability to anticipate business / strategic evolution

Ability to inspire others & generate people's commitment

Ability to develop and leverage networks

Analytical Ability

Education Level:

Master Degree or equivalent

Experience Level

At least 5 years

Other/Specific Qualifications (if required)

 


Primary Location: IN-TN-ChennaiJob Type: Standard / PermanentJob: OPERATION PROCESSINGEducation Level: Master Degree or equivalent (> 4 years)Experience Level: At least 5 yearsSchedule: Full-time