The bank for a changing world

We are looking for

Local Custody Specialist

Job type Permanent
Schedule Full time
Job Function Transaction processing
Brand BNP Paribas
Level of experience 1 to 2 years
Apply REF: 8 B000002
As a wholly-owned subsidiary of the BNP Paribas Group, we are one of the highest-rated asset servicing banks in the industry. Today BNP Paribas Securities Services has a local presence in 34 countries across five continents and a global custody network covering over 100 markets. Our flexible around-the-clock processing is accessible from any time zone. Established in 2001, the Swiss branch of BNP Paribas Securities Services offers a comprehensive range of buy-side and sell-side post-trade services for Investment Banks, Broker Dealers, Institutional Investors and Corporates.
To reinforce our Custody team in Zurich, we are looking for a:
Local Custody Specialist

The key duties and responsibilities include:


Corporate Actions

  • Opening of CA files based on the Market providers
  • Creating preadvices
  • Monitoring  compensations between SIX SIS and CAA
  • Permanent reconcilaition and control of CA transactions
  • Correspond with the clients by phone and email.
  • Settlement of client’s instructions
  • Send instructions to SIX SIS or lead manager
  • Final transaction reconcilaition and control

Physical securities

  • Monitoring Corporate action events
  • Handling of coupons and dividends

Tax Services

  • Creation of Tax reclaim forms
  • Creation and sending of “Dividend position confirmation”
  • Check/control tax reclaim documentation received from clients
  • Support client ‘s queries
  • Informing client on  tax reclaims status
  • Reconciliation of the  quarterly/yearly US tax between SIX SIS and BP2S
  • Preparation of the quarterly/yearly US QI reporting
  • Handling of  UK stamp duty

Static Data

  • Opening of securities according to information provided by SIX Telekurs
  • Validation of securities

Main Paying Agent Function

  • Request securities opening at SIX SIS according to the term sheet and SIX Telekurs
  • Create position of the securities on issue date
  • Deliver global certificates to SIX SIS where applicable
  • Request details of interest and redemption payments from the issuer and inform SIX SIS
  • Book interest and redemption payments on issuers accounts
To be a successful candidate, the following skills are necessary:
  • First experience in Corporate Action
  • First experience in the Swiss Tax reclaim process
  • First know-how about the Swiss securities market
  • Analyse and optimisation of established work flow processes
  • Time management
  • Pro-Activity
  • Very good spoken / written English and German skills
  • Good organisation and communication skills
  • Analyse and optimisation of established work flow processes
  • Use of Office applications such as Word, Excel, VBA, Lotus
To apply, please send your application via our website (all job offers) to the attention of:
Patrizia Forster      
8022 Zürich
Tel 058 212 67 11

Primary Location: CH-ZH-ZurichJob Type: Standard / PermanentJob: OPERATION PROCESSINGEducation Level: Not indicatedExperience Level: At least 1 yearSchedule: Full-time Behavioural competency: Ability to collaborate / Teamwork, Client focused, Active listening, Organizational skillsTransversal competency: Analytical Ability