Job Title: Middle Office - Senior Analyst
Business Unit: Alternative Investors – BNP Paribas Fund Administration Services
Contract Type: Permanent
Location: Sandyford, Dublin
About BNP Paribas
At BNP Paribas, we center our values on what drives the company forward. Our driving forces are Agility, Client Satisfaction, Compliance Culture and Openness.
- Agility: we want to behave more simply to embrace useful innovation and digital transformation.
- Client Satisfaction: we believe that our success lies in being the customers' and clients' preferred choice.
- Compliance Culture: we believe in promoting clear rules to foster a strong culture of compliance and ethics
- Openness: we promote open-minded attitudes towards our stakeholders. We aim for everyone in Group to feel included, to have their say and be empowered
Our strengths are based off four key areas of Stability, Expertise, Responsibility and Good Place to Work
- Stability: we build upon our solid, long-term oriented management, our diversified and integrated business model and our international footprint.
- Expertise: we build upon our recognized and expanding knowledge of our teams.
- Responsibility: we build upon our culture of responsibility and integrity to ever better serve the interest of our customers
- Good Place to Work: we foster a stimulating workplace where people are treated fairly and with respect
Role:
The Middle Office team are responsible for the delivery of various post execution services related to a clients portfolio and trading activity. This role reports to the manager of the EMEA Middle Office team.
Key Responsibilities:
- Monitoring clients trade settlement activity, working to resolve failing trades through interaction with brokers and clients
- Management of Standard Settlement Instructions (SSIs) to support the settlement monitoring process
- Ensuring the capture of a clients trades in the Middle Office platform, managing exceptions and interacting with the relevant internal teams to resolve
- Perform affirmation and trade matching of a clients trades against the trading counterparty
- Managing the exceptions from the trade matching process while engaging with counterpartys and clients to resolve exceptions
- Effective communications to clients during the day on outstanding trade matching and settlement exceptions
- Transmitting trades to respective Prime Brokers and Custodians to facilitate settlement
- Effectively engage with the team in the IOC on daily activities including review of work produced offshore, predominately the review of reconciliations (Cash and Position), validating comments applied and assisting with investigation of aged breaks
- Participate in the onboarding of clients to the Middle Office platform
- Lead projects that are identified that contribute to the evolution of the business
- Manage the creation of procedures where applicable, documenting the risks and controls
- Contribute to client satisfaction by ensuring that the highest level service is delivered accurately at the relevant deadlines, against standardized benchmarks and in compliance with global procedures.
Qualifications & Experience required for this role:
- Third level qualification with relevant professional qualification desirable
- 5-7 years’ experience in alternative fund services industry
- Proficiency in use of Advent Geneva and Broadridge Paladyne (POMA) advantageous
- Strong product knowledge eg Equity, Fixed Income, CDS, IRS, Futures, Options, OTC Options etc
- Experience in managing trade settlement exceptions or comparable work is preferable
- Excellent interpersonal skills and proven ability to work independently
- Attention to detail and organisational skills
Why Work with Us?
- We are the bank for a changing world and aim to build positive change together with our employees
- We are a team of passionate people who genuinely care about what we do and the impact our work delivers to our clients. We operate in a highly collaborative, open-minded environment that embraces innovation and creativity
- Our remuneration and benefits packages are generous, with competitive salaries, a discretionary bonus scheme, company pension contribution, comprehensive private healthcare packages, and numerous other benefits
- We have a genuine commitment to work-life balance throughout the whole organisation. We are also committed to equality, diversity and inclusion and actively promote equal opportunities.
- Development and mobility is actively encouraged. We are a learning company - there is real opportunity to grow, develop and expand your skills, experience and career path.
- We are a global company operating in over 60 countries with over 190,000 employees from over 150 nationalities. In Ireland we have approximately 500 employees across Dublin and Galway working in Corporate Institutional Banking (CIB) and BNP Paribas Security Services (BP2S) and Greenval.
Compliance Culture: We believe in promoting clear rules to foster a strong culture of compliance and ethics. We would expect any incoming member of staff to respect all financial security related legislation, including: anti-money laundering (AML); countering the financing of terrorism (CFT); international financial sanctions and embargoes (IFS); anti-bribery and corruption (ABC); KYC; ongoing client related data screening; and transaction monitoring. BNP Paribas have clear policies on these topics which all staff are expected to familiarise themselves with upon successful entry to the Group.
Equality and Diversity
BNP Paribas is an equal opportunities employer and proudly cultivates a diverse workforce. We believe that diversity of experience enhances our service offering to clients and leads to a better working environment. We encourage applications from the best candidates regardless of age, ethnicity, gender, gender identity, nationality, disability, sexual orientation, socio-economic background, parental and caring status, or religious belief.
By submitting your application, you agree to BNP Paribas completing a background check and screening in advance of any potential offer being made
