Job Description

Job Title:

Associate

Date:

Department:

AFS - MO

Location:

Chennai

Business Line / Function:

IFSO

Reports to:

(Direct)

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

NA

Directorship / Registration:

NA

Position Purpose :

BNP Paribas Global Securities Operations (GSO) provides services to global clients in the Asian region and some \xe2\x80\x9cfollow-the-sun\xe2\x80\x9d activities for European clients. Our services include custody operations, fund accounting, middle office operations, static data management, IRP and other transversal services. The Trade Processing activity under Middle Office Operations is very important and critical process of handling clients globally across locations,

An Associate in Trade processing department performs daily BAU as per Standard Operating Procedure for the particular team and Client.

Responsibilities

Direct Responsibilities

\xc2\xa1 Working as a member of the Trade Processing team that includes trade capture, Matching & settlement of Securities, FX and Money market instruments.

\xc2\xa1 Process Global Security transactions on the Global trade processing platforms within given deadlines

\xc2\xa1 Interact with both internal and external stake holders to resolve trade confirmation and settlement queries

\xc2\xa1 Monitoring of transactions to confirm instructions from the client are processed in a timely and accurate manner thus ensuring timely settlement and accounting

\xc2\xa1 Ensure that all trades are matched within market/client deadlines

\xc2\xa1 Ensure client positions are correct and all transactions are processed

\xc2\xa1 Query resolution in accordance with time frames set out in Client SLA\xe2\x80\x99s

\xc2\xa1 Work with the Custodians and brokers for timely matching and settlement.

\xc2\xa1 Reporting of exceptions in line with internal control and external client requirements.

\xc2\xa1 Resolve failed trade queries proactively.

\xc2\xa1 Escalating exceptions and failed transaction to appropriate stake holders for early resolution.

\xc2\xa1 Ensure all errors/break down of procedure are documented as per BNP Paribas policy

\xc2\xa1 Extensive communication with Internal & External parties.

\xc2\xa1 Investigating and resolving custodian exceptions for all 3 product classes.

Contributing Responsibilities

\xc2\xa1 Constantly update and review procedures to keep up to date with the change in process.

\xc2\xa1 Participate in ad-hoc projects and new initiatives.

\xc2\xa1 Performing a range of daily, weekly, monthly controls to ensure completeness of processing and that any inappropriate postings, matching etc. is identified and resolved promptly

\xc2\xa1 Participate in Brain Storming Sessions and share the best practices and ideas with the peer groups and team members.

Technical & Behavioral Competencies

\xc2\xa1 Thorough understanding of all Capital market, Financial Instruments, Investment baking processes and above average accounting skills

\xc2\xa1 Proficient in Microsoft Office Applications and strong MS Excel skills required.

\xc2\xa1 Strong analytical skills, detail orientation, service commitment, solid organizational and interpersonal skills.

\xc2\xa1 Capacity to deal with high volumes of activity

Specific Qualifications (if required)

\xc2\xa1 Graduates / Post Graduates (B.Com/MBA)

\xc2\xa1 Candidates should be willing and flexible to work in any shifts

\xc2\xa1 Associate \xe2\x80\x93 Associate Level 1: 0- 4 years of experience with Investment Banking background

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Adaptability

Ability to collaborate / Teamwork

Communication skills - oral & written

Attention to detail / rigor

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Ability to develop others & improve their skills

Ability to develop and adapt a process

Ability to set up relevant performance indicators

Analytical Ability

Education Level: Graduates / Post Graduates

Bachelor Degree or equivalent

Experience Level: 0-2 years exp with Investment banking background

At least 1 year

Other/Specific Qualifications (if required)

\xc2\xa1 Must be prepared to work in any shift supporting Asia/Americas/European business hours.

BNP Paribas