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Associate Level 1 - Asset Service (Corporate Actions)

Apply REF: MO 000693

 

 

 

 

 

 

Job title:     Associate / Associate Level 1

Department:       Clearing and Custody Services

Sub-department:         Middle Office Cash Services

Reports to: Team Leader /Assistant Manager / Deputy Manager

Date: Date as on which JD is valid

Based at:    Chennai

Company background

The bank

With a presence in over 80 countries and employing over 200,000 staff, BNP Paribas is one of the biggest banks in the world, ranking highly in its three core business areas: Retail Banking, Corporate and Investment Banking and Investment Solutions.

BNP Paribas Securities Services

A wholly-owned subsidiary of the BNP Paribas Group, BNP Paribas Securities Services is a leading global custodian and securities services provider backed by the strength of a universal bank (rated AA- by Standard and Poor’s). It has USD 5,800 billion assets under custody, USD 1,000 billion assets under administration and administers close to 7000 funds. BNP Paribas Securities Services (Securities Services) has a unique multi-local model, servicing both the buy-side (the institutional investors and the fund managers) and sell-side (the broker-dealers community and the banks) with 7,700 employees worldwide representing 92 nationalities, a local presence across 34 countries, 22 proprietary local custody and clearing branches and global coverage of over 100 markets.

Securities Services Chennai Hub

One of the three international operations centres, BNP Paribas Sundaram Global Securities Operations (GSO) provides services to global clients in the Asian region and some “follow-the-sun” activities for European clients. Our services include custody operations, fund accounting, middle office operations, static data management, IRP and other transversal services. GSO currently employs about 1000+ staff with the numbers set to increase in the near future.

Job summary

Key responsibilities and accountabilities

  • The key function of the Associate is to input transaction on a daily basis with high level of accuracy
  • Understanding and adhering to respective cutoff times within various applications and activities within the team
  • Investigate and clear Reconciliation breaks on a daily basis and escalate breaks to Validator wherever necessary
  • Should perform EOD / BOD activities
  • Should work towards achieving the agreed KPI for the team
  • Answering queries via email, Telephone
  • Should ensure no emails, instructions are left pending without actioning
  • Completing the Instruction checklist to ensure all the task are effectively performed
  • Prioritization of various instructions received inorder to meet the cutoff

Number of staff supervised:

None

Educational qualifications

Any UG preferably from Commerce background, MBA

Total years of experience

0 to 2 years

Relevant years of experience:

0 to 2 years

Knowledge and skills required

-  Accounting knowledge and knowledge on Swift messages is an added advantage

-  Zeal to learn new things

-  Working knowledge of MS Word, Excel will be useful

-  Must be prepared to work in flexible timings

-  Good communication skills

Job specific competencies

Client Focus

Complete commitment to provide professional, intelligent and timely responses to our clients’ needs and to changes in the market.

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, Respect the needs of others and displays integrity in dealing with team members.

Continuous Improvement and adaptation

Generate creative solutions to problems, Ability to plan work ahead and to prioritize workload in an organized manner. Always looks for ways to improve services and processes.


 

 

 

 

 

 

Job title:     Associate / Associate Level 1

Department:       Clearing and Custody Services

Sub-department:         Middle Office Cash Services

Reports to: Team Leader /Assistant Manager / Deputy Manager

Date: Date as on which JD is valid

Based at:    Chennai

Company background

The bank

With a presence in over 80 countries and employing over 200,000 staff, BNP Paribas is one of the biggest banks in the world, ranking highly in its three core business areas: Retail Banking, Corporate and Investment Banking and Investment Solutions.

BNP Paribas Securities Services

A wholly-owned subsidiary of the BNP Paribas Group, BNP Paribas Securities Services is a leading global custodian and securities services provider backed by the strength of a universal bank (rated AA- by Standard and Poor’s). It has USD 5,800 billion assets under custody, USD 1,000 billion assets under administration and administers close to 7000 funds. BNP Paribas Securities Services (Securities Services) has a unique multi-local model, servicing both the buy-side (the institutional investors and the fund managers) and sell-side (the broker-dealers community and the banks) with 7,700 employees worldwide representing 92 nationalities, a local presence across 34 countries, 22 proprietary local custody and clearing branches and global coverage of over 100 markets.

Securities Services Chennai Hub

One of the three international operations centres, BNP Paribas Sundaram Global Securities Operations (GSO) provides services to global clients in the Asian region and some “follow-the-sun” activities for European clients. Our services include custody operations, fund accounting, middle office operations, static data management, IRP and other transversal services. GSO currently employs about 1000+ staff with the numbers set to increase in the near future.

Job summary

Key responsibilities and accountabilities

  • The key function of the Associate is to input transaction on a daily basis with high level of accuracy
  • Understanding and adhering to respective cutoff times within various applications and activities within the team
  • Investigate and clear Reconciliation breaks on a daily basis and escalate breaks to Validator wherever necessary
  • Should perform EOD / BOD activities
  • Should work towards achieving the agreed KPI for the team
  • Answering queries via email, Telephone
  • Should ensure no emails, instructions are left pending without actioning
  • Completing the Instruction checklist to ensure all the task are effectively performed
  • Prioritization of various instructions received inorder to meet the cutoff

Number of staff supervised:

None

Educational qualifications

Any UG preferably from Commerce background, MBA

Total years of experience

0 to 2 years

Relevant years of experience:

0 to 2 years

Knowledge and skills required

-  Accounting knowledge and knowledge on Swift messages is an added advantage

-  Zeal to learn new things

-  Working knowledge of MS Word, Excel will be useful

-  Must be prepared to work in flexible timings

-  Good communication skills

Job specific competencies

Client Focus

Complete commitment to provide professional, intelligent and timely responses to our clients’ needs and to changes in the market.

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, Respect the needs of others and displays integrity in dealing with team members.

Continuous Improvement and adaptation

Generate creative solutions to problems, Ability to plan work ahead and to prioritize workload in an organized manner. Always looks for ways to improve services and processes.

Primary Location: IN-TN-ChennaiJob Type: Standard / PermanentJob: OPERATION PROCESSINGEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: BeginnerSchedule: Full-time Behavioural competency: Decision MakingTransversal competency: Analytical Ability