The bank for a changing world

Associate / Associate Level 1 - Data Administration

Contract

Standard / Permanent

Location

IN-TN-Chennai

Job function

OPERATION PROCESSING

Reference

ASS001114

Company Background

The Bank

With a presence in over 80 countries and employing over 200,000 staff, BNP Paribas is one of the biggest banks in the world, ranking highly in its three core business areas: Retail Banking, Corporate and Investment Banking and Investment Solutions.

BNP Paribas Securities Services

A wholly-owned subsidiary of the BNP Paribas Group, BNP Paribas Securities Services is a leading global custodian and securities services provider backed by the strength of a universal bank (rated AA- by Standard and Poor’s). It has USD 5,800 billion assets under custody, USD 1,000 billion assets under administration and administers close to 7000 funds. BNP Paribas Securities Services (Securities Services) has a unique multi-local model, servicing both the buy-side (the institutional investors and the fund managers) and sell-side (the broker-dealers community and the banks) with 7,700 employees worldwide representing 92 nationalities, a local presence across 34 countries, 22 proprietary local custody and clearing branches and global coverage of over 100 markets.

Securities Services Chennai Hub

One of the three international operations centers, BNP Paribas Sundaram Global Securities Operations (GSO) provides services to global clients in the Asian region and some “follow-the-sun” activities for European clients. Our services include custody operations, fund accounting, middle office operations, static data management, IRP and other transversal services.

Job summary

Roles & Responsibilities

Data Admin operations in India (Chennai) deal with two key processes:

Pricing:

Pricing process is to ensure that the accurate Security prices are updated on our Accounting Platform for use by the fund accountants for the calculation of their daily NAV and data feeds to our clients.
Pricing activity is carried out on two different applications Amanda & HiPort, for funds      valued in Singapore, Sydney, U.K and various other locations in Europe.

Amanda:

Is the in-house BP2S pricing platform used to validate prices for funds valued for various accounting platform. In Chennai, Amanda pricing team currently validates and provides prices for all security type for various funds based in Europe & Asia valued on Multifonds.
HiPort: The pricing team ensures all the prices in Hiport are correct and meets the need of our clients. The team ensuring correct validated prices are available for funds valued in Singapore, Thailand and UK.

Asset creation:

Asset Creation team, Chennai, deals with various activities like security creation in various applications such as Trade flow and Hiport.
HiPort Asset creation team mainly support APAC Region, It also supports London during the Chennai working hours.
Trade flow Asset creation deals with various activities like security creation in Trade flow, Broker SSI Setup, Super Broker Setup, Clearing methods. This team supports the APAC Region.
Multifonds Asset Creation supports Asset Creation needs of Asia and Europe and other BNP locations.
 
 
The various platforms supported by Data Admin Team are:
  • Amanda
  • Hiport
  • Multifonds Fund Accounting
  • Tradeflow

Job requirements

Number of staff supervised: none

Educational qualifications: MBA or equivalent

Total years of experience: 0 - 1 years

Relevant years of experience: 0 - 1 years

Knowledge and skills required

  • Technical
  • In-depth understanding on the system functionalities. The applications we use and the data retrieval procedures 
  • Motivated Behavioral and working collectively with trust openness and motivated behavior

Job specific competencies

Client Focus

Complete commitment to provide professional, intelligent and timely responses to our clients’ needs and to changes in the market.

Communication

Oral: Expressing ideas effectively in individual and group situations. Adjusting communication style to match the needs of the audience.
 
Written: Expressing ideas clearly in all written documents. Using professional, appropriate language at all times, and adhering to the use of the BNPP Email Protocols.

Team Work

Work effectively with team members to accomplish goals, Respect the needs of others and displays integrity in dealing with team members.

Continuous Improvement and adaptation

Generate creative solutions to problems, Ability to plan work ahead and to prioritize workload in an organized manner. Always looks for ways to improve services and processes.