About BNP Paribas Group:
BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.
About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach. With delivery centers located in Mumbai and Chennai, we are a 24x7 global delivery center. We partner various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals - Information Technology, Operations and Finance Shared Services.
About Business line/Function :
Global Markets Operations team ensures that Security transactions (Bonds, Equities, Complex Securities, ETF, SLAB, Repo..) and positions registered in the books under CIB ITO’s mandate, match the commitment actually taken with counterparties within a secure setup, in accordance with Group and Regulatory Policies and/or contractual agreements.
BNP Paribas Securities Corp. is a prime broker that provides a wide range of services to hedge funds including secured financing, securities settlement, custody, capital introduction, securities lending and custom information technology. Cash PB Client Services team act as SPOC for the clients and bank’s internal teams to resolve issues pertaining to the transactions (Bonds, Equities, Complex Securities, ETF, SLAB, Repo..) and positions registered in the books under CIB ITO’s mandate, within a secure setup, in accordance with Group and Regulatory Policies and/or contractual agreements.
Job Title:
Manager- Cash PB Client service
Date:
Department:
Global Markets Operations – Securities settlements
Location:
Mumbai
Business Line / Function:
Cash PB – Client Services
Reports to:
(Direct)
NA
Grade:
(if applicable)
Manager - Cash PB Client service
(Functional)
Number of Direct Reports:
NA
Directorship / Registration:
NA
Position Purpose
Primary responsibilities of the team includes:
- Liaising with clients and internal teams for issues related to the transactions and associated products in a timely and cost effective manner
- Mitigation of operational and reputational risk by escalating in a timely and efficient manner
Responsibilities
Key Responsibilities:
- Responsible for the settlement of Security transactions & associated products booked in Calypso, in a timely and cost effective basis by:
- Ensuring any trade related discrepancies are highlighted to the relevant teams / clients and resolved in a timely manner
- Monitoring of failing trades and other outstanding issues to ensure client service is maintained at all times
- Contribute to the minimisation of settlement costs & operational risk:
- By becoming more risk aware and by following the procedures or Compliance rules that are in place to mitigate operational or reputational risk
- Escalate when and follow up as appropriate with clients and other internal teams in case of market risks (buy-ins)
- If necessary, using the escalation process when operational risk is detected
- Contribute to the overall successful running of the settlement department:
- By maintaining close relationships with traders and sales and escalating problems to them promptly where required
- By maintaining good working relationships with domestic agents and custodians
- By communicating with, and assisting, other operational departments where needed
- Ensuring direct Managers are kept informed of any potential problems & issues where appropriate
- Contribution to the team development:
- Formalization of team procedures and operating guides
- Participation of training and coaching for new joiners
Skills and competencies:
- Ability to analyse, organize and report efficiently.
- Flexibility on working methods and changing international environment.
- Rigorous and reactive in order to face pressure and reach excellence anytime
- Diligently follow the set procedures and Compliance policies
- Knowledge of financial markets and products, and easiness/expertise in dealing with Excel.
Experience Required
Minimum of 5 years’ experience
Skills Referential
Behavioural Skills: (Please select up to 4 skills) –
Ability to deliver / Results driven
Ability to collaborate / Teamwork
Critical thinking
Ability to share / pass on knowledge
Transversal Skills: (Please select up to 5 skills)
Ability to understand, explain and support change
Analytical Ability
Ability to develop others & improve their skills
Ability to develop and adapt a process
Choose an item.
Education Level:
Bachelor Degree or equivalent
Experience Level :
At least 5 years
Other/Specific Qualifications (if required)
