ASSOCIATE LEVEL 1 (JOB NUMBER: BNP024624)






About BNP Paribas India Solutions:


Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union\xe2\x80\x99s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.





About BNP Paribas Group:


BNP Paribas is the European Union\xe2\x80\x99s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group\xe2\x80\x99s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group\'s performance and stability





Commitment to Diversity and Inclusion


At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.







Job Title:

Associate level 1

Date:


Department:

AMO

Location:

Chennai


Business Line / Function:

Security Master & Benchmark

Reports to: (Direct)


Grade: (if applicable)

NA

(Functional)


Number of Direct Reports:

NA

Directorship / Registration:

NA


Position Purpose


BNP Paribas ISPL Chennai would be the extended team of Investment Operations team and responsible for delivering the services related to Security Master, Pricing, Benchmark and Reconciliations processes which are currently under transition from BNP Paribas Asset Management Brussels S.A. 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. Security Master Operations is one of the teams within Investment Operations. You, as a member of the team Security Master, Benchmark & Pricing Operations, will be responsible for the daily creation of financial instruments and Funds / Mandates, daily monitoring and validation and publication of prices for all instruments. Besides the creation, you will provide effective support to internal and external clients and you will work on frequent projects related to data quality enhancement as well as process improvement. Understand the valuation (prices / Mark to Market + analytics) process of all kinds of financial instruments. Make sure that the pricing strategy is fully applied.


Responsibilities




Direct Responsibilities Pricing: This team is responsible to update the price of Listed & OTC securities to enable the fund accountants/Reporting to ascertain the market value of the securities as a part of fund valuation (NAV) and reporting activity. Pricing activity is carried out across APAC & EMEA regions for both listed and OTC. Asset creation: This team is responsible to setup the securities of various instruments in the respective accounting platforms. Security master activity is carried out across APAC & EMEA regions for both listed and OTC.
Benchmark: This team is responsible of creating/maintaining indices & benchmark for funds and mandate in accounting platform. Basic Requirement

• Knowledge on Capital Markets and knowledge of Security Pricing / asset setup Management or outsourced Operations

• An understanding of a variety of Instrument types including Equities, Bonds, Unit Trusts

Technical Requirement

• In depth understanding on the system functionalities. The applications we use and data retrieval from vendors.

• Trouble shooting skills set to have smooth BAU.

Contributing Responsibilities

• Process accurate security pricing / Asset Creation/Benchmark on a Global basis within given deadlines.

• Interact with both internal and external parties to resolve pricing / Asset creation/ Benchmark issues and queries.

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

• Constantly review procedures to keep up to date with the change in process.

• Manage all ad-hoc projects and new initiatives.

• Performing a range of daily, weekly, monthly reporting\xe2\x80\x99s/ controls to ensure completeness of processing.

• Work with the Vendors and other parties to capture security prices / Asset Creation /Change in benchmark

• Resolve pricing / Asset Creation/Benchmark issues in a timely basis.

• Based on the experience, she /he should able to identify the areas for improvements in the process and implement stringent controls and ensure operational excellence.

Client Focus

Complete commitment to provide professional and prompt responses to meet clients\xe2\x80\x99 requirement.

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, exhibit high-level of respect to colleagues, display integrity in dealing with team members.

Continuous Improvement and Adaptation

Be innovative, embrace changes, and simplify the comprehensive areas without compromising on quality or timeline. Adapt continuous improvement as a culture.
Primary responsibilities

• BAU Excellence

• Client Focus

• Risk & Controls

• Team Work

• Learning & Development

Technical & Behavioral Competencies

• Effective people and client communication

• Innovation and Initiative

• Flexibility & Adaptability

• Integrity, Trust and Fairness

Specific Qualifications (if required)

• 1 to 3 Years of experience in the field of Benchmark, Static Data or Pricing (Listed & OTC) would be preferable.

• Post Graduation from the recognized University.

• Specific interest or qualification in Mathematics is an added advantage.

• Working experience with the most important data providers: Bloomberg, Telekurs, Reuters.

Skills Referential


Behavioural Skills: (Please select up to 4 skills)


Ability to collaborate / Teamwork


Ability to deliver / Results driven


Communication skills - oral & written


Creativity & Innovation / Problem solving


Transversal Skills: (Please select up to 5 skills)


Analytical Ability


Ability to develop and adapt a process



Ability to understand, explain and support change


Ability to manage a project


Ability to anticipate business / strategic evolution


Education Level:

Master Degree or equivalent


Experience Level

Choose an item.


Other/Specific Qualifications (if required)

Primary Location

: IN-TN-Chennai

Job Type

: Standard / Permanent

Job

: OPERATION PROCESSING
Education Level: Master Degree or equivalent (> 4 years)
Experience Level: At least 1 year

Schedule

: Full-time