The Securities Services business of BNP Paribas is one of Europe's leading providers of TA services for securities.
The Luxembourg branch plays a major part in its operations, offering clients high value-added services extending from custody to securities lending, fund administration, Transfer Agent, performance measurement and ratings, and bond issuance services.
We are currently looking for a:
TA Operations, Specialist (H/F)
permanent contract
TA operation team in Luxembourg is a hub for managing the centralization and execution service for investors' orders on fund shares. Our clients are the asset managers of these investment funds.
We provide brokerage and TA services for subscription, redemption, and transfer orders on fund shares.
This activity is experiencing rapid expansion due to the increasing number of investors and investment funds. Our team in Luxembourg handles all necessary operations to efficiently manage these transactions.
We ensure that subscription, redemption, and transfer orders on fund shares are processed timely and accurately. Our goal is to provide high-quality brokerage services and TA dealing management, with a focus on clients and investor’s satisfaction.
TA operation desk activity ranges from onboarding investors to the implementation of regulatory or contractual reporting. Indeed, TA operation agent will be responsible for managing various tasks
In the context of our development, we are looking for an internal employee to work in a department with a wide variety of task.
Your mission
Daily Production Management
:
BAU Operations
• Receipt and place of investors’ transactions
• Transmit and monitor of investors’ transactions by the Central Transfer Agent (CTA).
• Call back CTA or investors on outstanding transactions
• Monitor anomalies
• Ensure that transactions are accounted on timely manner
• Manage investor’s account opening requests with AML KYC department
• Maintain the client database, the contractual database.
• Cash processing
• Investigate on cash of pending cash and securities
• Ensure the execution of all corporate action notifications
Client Facing
• Be responsible for the investor and client request process until resolution
• Manage client incidents, escalation, communication and reporting to our Asset Manager clients
• Ensure the preparation of the various client reports
• Be the single point of contact for our client and investors
• Prepare and attend the various review services of our clients (Management Companies)
Ensures and strengthens the continuous improvement process, system and production control systems
• Ensure that an appropriate operational framework is in place: Procedures + Control plan
• Monitor and update incident database + implement preventive measures
• Continuous improvement of production checklists, adapting to changes in activity
• Being able to initiate, follow and manage end to end change request for systems with APS and IT. Validating our expectation with IT and priorities in term of development. Performing tests before and after release, shared output with management and be able to manage regression until resolution on due time.
• To be the point of contact and assist to PCC with IT.
• Manage end-to-end investor or client development request
• Be able to manage project end-to-end
Your working environment
- Job location: Luxembourg
- You will join an enthusiastic team of 9 peoples.
- Interactions outside the team: Client, Management companies, Auditors, Different CTA worldwide.
- Position eligible for teleworking and remote site
- A dedicated training plan will be setup.
Benefits of this position
If you enjoy working in changing environment with its diversity of tasks, this position is for you.
Professional experience and/or degree
Master’s degree in finance or economic or at least 4 years’ experience in TA or Fund Dealing Operations
Behavioural skills
- Ability to collaborate / Teamwork
- Attention to Detail/Rigorous
- Ability to deliver / Results driven
- Communication Skills - Oral & Written
- Client Focused
- Creativity & Innovation/Problem Solving
- Proactivity
Transversal skills
choose from the list below:
- Ability to understand, explain and manage change
- Analytical skills
- Ability to develop and adapt a process
- Ability to develop others & improve their skills
- Ability to adopt & promote an Agile Mindset
- Ability to work with Agile methods
Technical skills
- Fund brokerage skills
- TA operation skills
- Project management Skill
- MFTA
- Office tools
- Operational risk management
- Excel Access.
- VBA nice to have
Language skills
French & English (Oral and written)
German will be considered as an asset
In a changing world, diversity, equity and inclusion are key values for the well-being and performance of teams. At BNP Paribas, we want to welcome and retain all talents without distinction: this is how, together, we will build the innovative, responsible and sustainable finance of tomorrow.
During the finalization of the recruitment process, the preselected candidate will be asked to provide us an extract from his/her criminal record dated less than 3 months (record N°3 for Luxembourg), according to the dispositions of the law from July 23 2016 concerning the criminal record.
