Job Description

\xe2\x80\x93 APAC

Job Title:

Assistant Manager

Date:

Department:

FTCA

Location:

Chennai

Business Line / Function:

Middle Office \xe2\x80\x93 Corporate Actions & Income UK

Reports to:

(Direct)

Manager

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

Directorship / Registration:

Position Purpose

Assistant Manager joining the team should be valuable in facilitating Corporate Action event information from Custodian to Investment Manager/Client and facilitate client elections. Also we do record keeping activities to mitigate the risk that impacts fund valuation on back of a Corporate action event.

Responsibilities

Direct Responsibilities

• Oversee the processing of Corporate Action event / Income events in order to anticipate any reporting or processing issues.
• Reverting to relevant internal / external custodians to clarify/solve any open issue.
• Checking that all eligible positions are instructed before response deadline.
• Facilitating complex events and critical instructions with all necessary requirements and coordinate the same with custodian.
• Ensure that respective cutoff times within various applications and activities within the team are adhered.
• Investigate root cause for aged breaks and escalate appropriately to relevant stakeholders for clearance of reconciliation breaks on a daily basis
• Monitor High value Cash and Stock breaks and ensure appropriate actions are taken.
• Should oversee all the EOD / BOD activities completion.
• Should work towards achieving the agreed KPI for the team
• Answering queries via email, Telephone, query management application.
• Should ensure no emails, instructions are left pending without action.
• Ensure completion of relevant checklist to ensure all the task are effectively performed.
• Consistently evaluate and update documented procedures to ensure they are complete, accurate and current.
• Other ad-hoc duties as may be required from time-to time
• Perform daily controls on team activity as per existing check lists to ensure priorities have been respected and tasks have been correctly performed.
• Take Ownership of any incident or operational risk and implement solid action plans.
• Manage risk and priorities applying the existing procedures
• Participate in regular conference calls with European and Asian stakeholders.
• Establishing communication links with Clients to discuss daily operational & performance issues.
• To assist in providing the figures for the monthly KPI

Technical & Behavioral Competencies

• Strong knowledge in handling corporate actions and income related events for various instrument types
• Accounting knowledge and knowledge on Swift messages, NAV is an added advantage
• Zeal to learn new things
• Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.
• Working knowledge of MS Word, Excel will be useful
• Must be prepared to work in flexible timings
• Good communication skills

Specific Qualifications (if required)

Client Focus

Complete commitment to provide professional, intelligent and timely responses to our clients\xe2\x80\x99 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.

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Client focused

Adaptability

Ability to collaborate / Teamwork

Communication skills - oral & written

Transversal Skills: (Please select up to 5 skills)

Analytical Ability

Ability to understand, explain and support change

Ability to manage a project

Ability to develop and leverage networks

Choose an item.

Education Level:

Master Degree or equivalent

Experience Level

At least 5 years

Other/Specific Qualifications (if required)

BNP Paribas