Job Description

Job Title:

AssociateL1/Senior Associate

Date:

Department:

Data Administration Corporate action

Location:

Chennai

Business Line / Function:

IFSO

Reports to:

(Direct)

Assistant Manager / Manager

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

NA

Directorship / Registration:

NA

Position Purpose

The position will be responsible to setting up Corporate action events in Accounting platforms to support the Fund Administration team to calculate the NAVs for Funds. Hands-on expertise in managing clients and projects. Manage the work effectively with team members to accomplish common goals. Generate creative solutions to problems, Ability to plan work ahead and to prioritize workload in an organized manner.

Responsibilities

Direct Responsibilities

Corporate action:

This team updates and creates corporate action event on the securities to enable the fund accountants to ascertain the market value of the securities as a part of fund valuation (NAV/ GAV)

Basic Requirement

• Knowledge on Capital Markets and knowledge of corporate action or outsourced Operations in capital market.
• 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 CA events accurately on a Global basis within given deadlines.
• Interact with both internal and external parties to resolve CA related 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 CA events accurately.
• Resolve corporate action 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)

• Graduates / Post Graduates (B.Com/MBA)
• Candidates should be willing and flexible to work in any shifts

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:

Bachelor Degree or equivalent

Experience Level

At least 3 years

Other/Specific Qualifications (if required)

• Must be prepared to work in any shift supporting Asia/Americas/European business hours.
• Relevant years of experience: 3+ years
• Create a collaborative workplace, maintain morality of the team and be a team player
• Strong analytical skills, detail orientation, service commitment, solid organizational and interpersonal skills.

Qualifications

Masters Degree or Eqquivalent.

BNP Paribas