Job Title
Processing Analyst
Reports to
Processing Supervisor
Location
Bogotá, Colombia
Job Purpose
This role must liaise between clients and cross-functional internal teams to ensure the timely and successful clearing and settlement of all operations in Colombian Peso and other currencies. Operations such as Repos, Simultaneous, derivatives, Spots, next day, Interbanks loans, FX, TDAs, Deposits, Corporate actions, incomes and collaterals are managed in this position. And End of Day processes such Portfolio Valuation.
- Handling custody and back office processes in order to ensure that all trades match and settle on a timely basis in the Colombian, Peruvian and Chilean Market. To do it, this role must compare trade details, analyze, confirm and approve transactions, followed by the securities and cash movements.
- Handling transactional processing for respective COP Lending and Factoring products. Manage dematerialized guaranties ensuring proper reimbursements; execute proper accounting related to these products, and preparation of regulatory Reporting.
- In case, activities can be designated by the Direct Report according to the business line needs.
Duties and Responsibilities
- Execute, Input and analysis of operations, including different lines of business, Global Banking, Securities Services and Global Markets.
- Responsible for settlement of transactions of the different business lines. (Global Banking, Securities Services and Global Markets).
- Liase with Front Office, custodians, clients, and counterparties to process cash and securities settlement.
- Ensure the monitoring and execution of collaterals in front of the infrastructure on behalf of ourselves or on behalf of our clients.
- Execute the accounting related to the different business lines.
- Execution of processes related to controls and end of day closure.
- Perform tasks related to the monitoring, control, and compliance to ensure precise execution of operations.
- Monitoring and control of overdue loans and settlements applications generating the alerts, reports and following based on the defined the procedure to communicate all the stakeholders.
- Ensure all processes are documented and procedures are updated periodically.
- Respond timely & accurately to client queries.
- If there is a delegation of the use of a token as a work tool, strictly comply with the instructions given for the use of it to perform the job, guaranteeing it´s safe custody and adequate use. Guarantee the maximum duty of diligence and care in the use of any work tools given by the employee for the fulfillment of their job obligations.
General
- Provide excellent client service, considering the specific needs of every client.
- Ensure compliance with local and corporate policies, guidelines, procedures, internal control and SLA requirements, to eliminate risk and operational losses.
- Communicate clearly the progress of monthly/quarterly initiatives to internal and external stakeholders.
- Follow the code of conduct and to permanently update of the operative risk matrix.
- Ensure the coordination and the communication with the internal operations teams aiming to provide timely and accurate responses to client queries.
- Collect and custody of all original documents regarding to processing.
- Coordinate and process transactions across multiple systems.
- Ensure that customer documentation is properly managed, to facilitate the registration process of Operations / transactions with the appropriate supports defined by the Bank in optimal time and quality.
- Manage professional and effective relationships with providers of transactional systems (BVC, BR, DCV, Deceval) to access the solution of incidents, consultation of the operation, updates to facilitate the operation.
Qualifications
Education
- Bachelor’s degree in Finance, Economy, Business Administration or Industrial engineering or equivalent.
Specialized Knowledge
- Knowledge of financial industry, especially in back or middle office operations.
Skills & Abilities
- Communication Skills: Verbal, "directive". Responsiveness to complaints, always building a positive relationship. Written, assertive to the point.
- Analytical and Mathematical skills: Basic and complex financial operations.
- Ability to report: Provide status of results to internal clients VP COCE.
- Rigour & Accuracy on the transaction checking and approval.
- Self-confidence.
- Autonomy & Accountability.
- Ability to share / pass on knowledge.
- Ability to Collaborate / Team Work.
- Client Focus.
- Resilience.
- Role Modeling: Service attitude with ability to say NO but embracing collaboration.
- Understanding the business environment of the entity.
- Understanding the BNP Paribas group.
- Excellent communication skills both written and verbal (English – B1).
- Intermediate Level of Microsoft Excel: To use functions such as financial, statistics, some logical function such as IF. It is able to work in an advanced way with graphics and edit them to change the design or the information. Use conditional formats, PivotTables and Pivot Charts and templates to enter data.
Experience
- Between 3 – 5 years within the financial industry, especially in back or middle office operations.
- Between 2– 3 years in Clearing & Settlement.
Preferred qualifications
- Experience with Swift, CUD, DCV, Deceval, BVC, SET FX, CENIT.
- Additional Certification.
- Knowledge of Investment account management, Bank, custody and queries and request.
- About decrees 1242 and 1498 of 2013, decree 2555, law 964 of 2005, Market Risk, Credit Risk, Liquidity Risk and Counterparty Risk.
- Knowledge of products related to a Bank or Financial Corporation and Trust Companies.
- Knowledge related to the regulation of the products of a Bank or Financial Corporation and Trust Companies.
Direct Reports
Interactions
- Local and foreign clients.
- Local and global Traders & Sales team.
- ALM Treasury.
- Market counterparts.
- Client Development Team.
- Market Infrastructures.
- Regulatory service agents (Banrep, SFC, etc).
- COCE analysts.
- Exchange Advisor.
- Global Teams.
- Price Providers.
- Local and regional IT teams (BR & NY).
