Job Description

ASSISTANT MANAGER (JOB NUMBER: BNP022257)






Position Purpose



BNP Paribas Asset Management is part of BNP Paribas Group and is responsible for the process of managing and monitoring assets, on behalf of individual and corporate clients. BNPP AM offers funds and mandates towards his clients. These funds & mandates are managed by Portfolio Managers, who are based in the different locations across the globe.
Investment Operations is responsible for handling and monitoring all services, in order that the Portfolio Managers are able to manage daily their portfolios.
The role of Reconciliations within operations, is essential to ensure that all information in our position keeping tools is accurate and in line with service providers and client expectations. As a Reconciliation administrator, you will be responsible to provide to clients precise data by identifying any potential discrepancies in cash and positions and investigating accordingly. Contribute to a continuous improvement of processes.



Responsibilities



Direct Responsibilities

• Cash reconciliation

• Perform daily cash reconciliation between bank statements received from custodians and various clearing agents versus our position keeping tool and perform the cash publish activity with the stipulated time. Liaise with portfolio managers, service providers and various teams within Ops to maintain the accuracy as per the specification in our position keeping tool. Update internal reports and monitor outstanding breaks in cooperation with custodians, accountants, clearers and teams within investment Ops.

• Securities reconciliation

• Perform daily position reconciliation between bank statements received from custodians and various clearing agents versus our position keeping tool.

• Check all cash and positions linked to futures and options between our position keeping tool and all clearers.

• Reporting

• In line with client requests, compile and prepare reports at various frequencies throughout the month. Provide a monthly validation for reporting via the 'green light' process confirming all data on our accounts are accurate

• Act to guarantee global quality and level of client service,
• Oversee the processing of Cash Reconciliations
• Participate in regular conference calls with European counterparts
• Establishing communication links with the global stakeholders
• Responsible of Recruitment, training and appraisal,
• Responsible to manage HR issues and mobility management of the team.
• Responsible for the implementation of procedures.
• Responsible for Change Request prioritization.
• Act in clients' visits.
• To assist Manager - Reconciliations in undertaking various administrative activities.
• Other ad-hoc duties as may be required from time-to time
• To be based in Chennai and prepared to travel as required.
• Must be prepared to work in any shift supporting Asia/Americas/European business hours.

Technical & Behavioral Competencies

• Strong analytical skills, detail orientation, service commitment, solid organizational and interpersonal skills.
• Thorough understanding of all Capital market, Financial Instruments, Investment baking processes and above average accounting skills
• Ability to work independently, as well as in a team environment, prioritizes multiple tasks and meets strict deadlines
• Proficient in Microsoft Office Applications and strong MS Excel skills required
• Good verbal and written communication

Specific Qualifications (if required)

• Graduates (Finance preferred)
• Candidates should be willing and flexible to work in any shifts

Skills Referential



Behavioural Skills: (Please select up to 4 skills)



Decision Making



Adaptability



Ability to share / pass on knowledge



Attention to detail / rigor



Transversal Skills: (Please select up to 5 skills)



Analytical Ability



Ability to understand, explain and support change



Ability to develop and adapt a process



Choose an item.



Choose an item.



Education Level:

Bachelor Degree or equivalent



Experience Level

Beginner



Other/Specific Qualifications (if required)

Primary Location

: IN-TN-Chennai

Job Type

: Standard / Permanent

Job

: OPERATION PROCESSING
Education Level : Bachelor Degree or equivalent (>= 3 years)
Experience Level : At least 5 years

Schedule

: Full-time