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Associate and Associate L1

Apply REF: LIS000079


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 and Associate L1

Date:

10/30/2019

Department:

Listed Derivatives Clearing

Location:

Chennai

Business Line / Function:

Clearing and Custody Services

Reports to:

(Direct)

Manager

Grade:

(if applicable)

(Functional)

None

Number of Direct Reports:

None

Directorship / Registration:

 

Position Purpose

To clear and allocate Derivatives trade on behalf of the client. Ensure all trades are reconciled against cleaning house by the end of day.

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

 

  • Process the reconciliation vis-à-vis the clearing house (trades, premium, Initial margin, variation margin, fees etc.)
  • Trades allocation and trades booking (co-ordinate with brokers)
  • Follow-up & solving client queries
  • Manage reconciliation and maintain a flat accounting balance.
  • Prepare Goods and Services Tax  invoicing
  • Adhere to daily checklist to ensure controls are followed.
  • Contributing ideas to improve the process by identifying appropriate control measures.
  • Ensure importance is given to four eye validation for each activity
  • Managing BAU emails/ phone calls related to Listed Derivatives
  • Ensure proper documentation for the purpose of risk and audit trail 
  • Abiding the Service Level Agreements.
  • Escalate unresolved open items to the respective process Managers.
  • Ability to work independently, as well as in a team environment, prioritizes multiple

tasks and meets strict deadlines

Contributing Responsibilities

  • Participate in Brain Storming Sessions and share the best practices and ideas with the peer groups and team members.
  • Constantly update and review procedures to keep up to date with the change in process.
  • Participate in ad-hoc projects and new initiatives.
  • Capture delay, internal error and External errors
  • Performing a range of daily, weekly, monthly controls to ensure completeness of processing and that any inappropriate postings, matching etc. is identified and resolved promptly.

Technical & Behavioral Competencies

  • Organized & good resistance to stress.
  • Must be prepared to work on any shift supporting Asia/Americas/European business hours.
  • Proficient in MS Word, Excel, PowerPoint and VBA would be plus.
  • Good Communication Skills
  • Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills

Specific Qualifications (if required)

An experience in Listed Derivatives Clearing would be a plus point.

        

Skills Referential    

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Attention to detail / rigor

Ability to share / pass on knowledge

Client focused

Transversal Skills: (Please select up to 5 skills)

Ability to develop and adapt a process

Analytical Ability

Ability to understand, explain and support change

Choose an item.

Choose an item.

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 1 year

Other/Specific Qualifications

NA




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 and Associate L1

Date:

10/30/2019

Department:

Listed Derivatives Clearing

Location:

Chennai

Business Line / Function:

Clearing and Custody Services

Reports to:

(Direct)

Manager

Grade:

(if applicable)

(Functional)

None

Number of Direct Reports:

None

Directorship / Registration:

 

Position Purpose

To clear and allocate Derivatives trade on behalf of the client. Ensure all trades are reconciled against cleaning house by the end of day.

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

 

  • Process the reconciliation vis-à-vis the clearing house (trades, premium, Initial margin, variation margin, fees etc.)
  • Trades allocation and trades booking (co-ordinate with brokers)
  • Follow-up & solving client queries
  • Manage reconciliation and maintain a flat accounting balance.
  • Prepare Goods and Services Tax  invoicing
  • Adhere to daily checklist to ensure controls are followed.
  • Contributing ideas to improve the process by identifying appropriate control measures.
  • Ensure importance is given to four eye validation for each activity
  • Managing BAU emails/ phone calls related to Listed Derivatives
  • Ensure proper documentation for the purpose of risk and audit trail 
  • Abiding the Service Level Agreements.
  • Escalate unresolved open items to the respective process Managers.
  • Ability to work independently, as well as in a team environment, prioritizes multiple

tasks and meets strict deadlines

Contributing Responsibilities

  • Participate in Brain Storming Sessions and share the best practices and ideas with the peer groups and team members.
  • Constantly update and review procedures to keep up to date with the change in process.
  • Participate in ad-hoc projects and new initiatives.
  • Capture delay, internal error and External errors
  • Performing a range of daily, weekly, monthly controls to ensure completeness of processing and that any inappropriate postings, matching etc. is identified and resolved promptly.

Technical & Behavioral Competencies

  • Organized & good resistance to stress.
  • Must be prepared to work on any shift supporting Asia/Americas/European business hours.
  • Proficient in MS Word, Excel, PowerPoint and VBA would be plus.
  • Good Communication Skills
  • Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills

Specific Qualifications (if required)

An experience in Listed Derivatives Clearing would be a plus point.

        

Skills Referential    

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Attention to detail / rigor

Ability to share / pass on knowledge

Client focused

Transversal Skills: (Please select up to 5 skills)

Ability to develop and adapt a process

Analytical Ability

Ability to understand, explain and support change

Choose an item.

Choose an item.

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 1 year

Other/Specific Qualifications

NA


Primary Location: IN-TN-ChennaiJob Type: Standard / PermanentJob: OPERATION PROCESSINGEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: At least 1 yearSchedule: Full-time