About BNP Paribas Group:

BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe 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 6000 employees, to provide support and develop best-in-class solutions

About Businessline/Function :

Wealth Management Operations in ISPL started in 2018, provide back office services for BNP WM Singapore, Hong Kong and Taiwan. Processes include Security Custody Services, Remittances, Loans and Deposits and Security Masterfile.    

Job Title:

Associate – WM OPS -Remittances

Date:

01.01.2019

Department:

WM-OPS

Location:

INFINITY - MUMBAI

Business Line / Function:

OPERATIONS

Reports to:

(Direct)

Grade:

(if applicable)

Associate – WM OPS -Remittances

(Functional)

Number of Direct Reports:

NIL

Directorship / Registration:

NA

Position Purpose

To involve in the transaction processing for Remittances of BNPP WM OPS WITH THE OBJECTIVE to facilitate smooth functioning of Operations Objectives of BNPPISPL for all the sites handled.

Responsibilities

Direct Responsibilities

1. Operations MANAGEMENT: Process Remittances related transactions to ensure that they are accurate, as per the prescribed service delivery standards and as per the SLA with the sites.

2. OPERATIONS RISK MANAGEMENT: Maintain control over outstanding and unreconciled entries. Implement control plans and pay attention to risk related areas in operations.

3. COMPLIANCE: Ensure adherence to internal guidelines, compliance, legal and regulatory aspects.

4.Anti Money Laundering / Financial Sanctions (“AML/FS”) related duties

Operations are an integral part of the control framework including for AML/FS topics. In that respect, in performing your role you are expected to ensure adherence to AML/FS-related Group Policies and execution of associated operational controls, and to promptly escalate any resulting hit for analysis and decision.

Contributing Responsibilities

1.OPC: Contribute to the Operations Permanent Control framework

2. CUSTOMER SERVICE: Monitor turnaround times, and operational efficiency.

3. CLIENT RELATIONSHIP MANAGEMENT: Support MO to address ultimate client needs and resolve customer complaints if any.

4. INFORMATION MANAGEMENT: Preparation of MIS and reports to management as required.

Technical & Behavioral Competencies

1. Familiarity with Computer applications, MS Office, etc.

2. Familiarity with Back Office Operations, Processes and systems.

3. Knowledge on various regulations connected with Banking Operations.

4. Operational Risk awareness

5. Product Knowledge on Cash Management

 

 

 

 

BEHAVIOURAL COMPETENCIES REQUIRED:

 

1. Communications Skills

2. Interpersonal Skills

3. Taking Initiative and Risk Management Skills

4. Client Focus

 

Specific Qualifications (if required)

Qualification: Bachelor Degree and /or Master Degree: B.Com. M.Com.

        

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Adaptability

Communication skills - oral & written

Choose an item.

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Choose an item.

Choose an item.

Choose an item.

Choose an item.

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 1 year

Other/Specific Qualifications (if required)

Bachelor Degree and /or Master Degree: B.Com. M.Com

               
Primary Location
IN-MH-Mumbai
Job Type
Standard / Permanent
Job
OPERATION PROCESSING
Education Level
Bachelor Degree or equivalent (>= 3 years)
Experience Level
Beginner
Schedule
Full-time
Reference
OPE002476


Discover the different professions within BNP Paribas: Operations Management

Those who work in Operations Management roles are essential to the smooth-running of our Group, and work consistently to satisfaction to our clients and teams. These roles offer stimulating careers that combine efficiency with a strong collaborative spirit.

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Why should I apply?

Basically, why would you want to join BNP Paribas over any other company?

BECAUSE YOU'RE THE KIND OF PERSON WHO WANTS...

  • What if we told you that working in our Group may not be quite what you think? BNP Paribas business lines and careers are constantly evolving to meet the expectations of our clients and society as a whole.

  • Feeling good about your job means bringing your whole self to work and being who you are. It’s also about having the resources you need to achieve a healthy work-life balance. Both of these are major commitments at BNP Paribas.

  • At BNP Paribas, developing your skills is as important to us as it is to you. And the skills you learn with us will help you through the rest of your working life.

Find out more