About BNP Paribas Group:
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 India Solutions:
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 businesses 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, corporate 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, color, 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:
Global Markets Operations Corporate Actions, Incomes and Taxes Department is part of the transversal functions within ITO and is acting as a central interlocutor regarding Corporate Actions, both for Fixed Income and EQD Solutions.
EQD is a dedicated Business Line for Equity Derivatives and Financing Solutions within BNP PARIBAS Group and a major player within CIB.
Fixed Income is specialized in G10et Credit repo financing transactions on debts and bonds assets.
Within Global Markets Operations pole, the Corporate Actions Department is specialized in the analysis and the management of the corporate events affecting listed assets (mainly securities products).
It is in charge of the notification and the coordination for the EQD and Fixed Income industries of any impact of these events during the overall lifecycle. In this way, the Department is providing its services for any impacted trade involving Trading, Clients and/or Counterparties.
Job Title:
Associate Level 1
Date:
2025
Department:
Global Markets Operations - Corporate Actions
Location:
Bangalore
Business Line / Function:
Corporate Actions
Reports to:
(Direct)
Manager
Grade:
(if applicable)
Associate 1
(Functional)
Number of Direct Reports:
NA
Directorship / Registration:
NA
Position Purpose
Incomes and taxes department is specialized in analyzing and operating, in books and records, Incomes (as Dividends or Fixed and Determinable Payments) impacts surrounding business or client’s balances.
Officer is aimed to capture events; setup related tracking files; determine the economic structure of eligible positions (Buy/sell, Stock Loans, Repos), coordinate impacts across the different business lines and products affected; and ensure reconciliations across key dates until payments/receipts reconciled for accounting purpose.
Responsibilities
Direct Responsibilities
- Follow-up and notification of information and events’ terms to business lines or external parties.
- Ensure the transmission of voluntary elections and options across trading and custodians.
- Ensure accuracy of treatment and bookings for events’ operations within the booking and accounting systems.
- Follow and resolve any outstanding items in a timely manner with relevant escalation procedure applicable and compliance duties.
- Process incomes and stocks payments and claims for receivables toward any external parties in alignment with group guidelines policies for any wire forms.
- Ensure the right fiscal model is applied along the different records and until finance.
- Produce reporting and provide evidence toward fiscal authorities in respect of withholding taxes applied on proceeds.
Contributing Responsibilities
· Follow and capture events announcements across all markets.
· Analyze terms and transmit summary notifications to trading or clients.
· Keep on enriching relations with the business lines representative and network agents.
· Respect any timeline and deadline cut-offs
· Control books and records at the different stages of events and until paydate.
· Follow and report any outstanding items (deposit breaks or cash breaks)
· Keep on documenting all procedures in place to stick market and process evolutions.
· Contribute in all control plan protocols according local operational risk policies.
· Contribute in precision and accuracy of activity metrics and escalate any relevant problems or success to management on a continuous basis.
Technical & Behavioral Competencies
- Fluent in English (French speaker is a positive aspect)
- Compliant with local guidance and conformity policies
- Proactive and extremely rigorous
- Strong analytics capabilities and problem solving to adapt context.
- Able to work under pressure and dynamic, evolving environment.
- Dispose strong team spirit and client focus mindset.
- Financial markets knowledges
Specific Qualifications (if required)
· Preferred a Bachelor on accounting, Mathematics or Finance.
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
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Transversal Skills: (Please select up to 5 skills)
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Other/Specific Qualifications (if required)
