SENIOR ASSOCIATE (JOB NUMBER: BNP024581)






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.





About Business line/Function:


Middle Office Services acts as an agent on behalf of the client and cover all assets classes traded by them. From trade initiation to post execution, we support the entire value chain for the client across regions (APAC, Europe & Americas).





Job Title:

Senior Associate

Date:


Department:

Middle Office

Location:


Business Line / Function:

Global Middle Office \xe2\x80\x93 Corporate Action and Income - SYD

Reports to: (Direct)

AM / Manager



Grade: (if applicable)

(Functional)


Number of Direct Reports:

Directorship / Registration:

NA


Position Purpose


Senior Associate 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

\xc3\x98 Analyzing the Corporate Action events to anticipate any reporting or processing issues. \xc3\x98 Collecting and relay any update related to the corporate event on an on-going basis. \xc3\x98 Cross-checking information received with other data sources. \xc3\x98 Reverting to relevant internal / external custodians to clarify/solve any open issue.
\xc3\x98 Checking that all eligible positions have been instructed at response deadline.
\xc3\x98 Accepting instructions with all necessary requirements and transmitting the same to custodian.
\xc3\x98 Understanding and adhering to respective cutoff times within various applications and activities within the team
\xc3\x98 Investigate and clear Reconciliation breaks daily and escalate breaks to immediate supervisors wherever necessary.
\xc3\x98 Should perform EOD / BOD activities.
\xc3\x98 Should work towards achieving the agreed KPI for the team.
\xc3\x98 Answering queries via email, Telephone, query management application.
\xc3\x98 Should ensure no emails, instructions are left pending without action.
\xc3\x98 Ensure completion of relevant checklist to ensure all the task are effectively performed. \xc3\x98 Prioritization of various instructions received to meet the cutoff. \xc3\x98 Participate in Brainstorming Sessions and share the best practices and ideas with the peer groups and team members. \xc3\x98 Consistently evaluate and update documented procedures to ensure they are complete, accurate and current. \xc3\x98 Perform daily controls on team activity as per existing check lists to ensure priorities have been respected and tasks have been correctly performed. \xc3\x98 Escalate to the immediate supervisor in any incident or operational risk. \xc3\x98 Manage risk and priorities applying the existing procedures. \xc3\x98 To assist in providing the figures for the monthly KPI


Technical & Behavioral Competencies

\xc3\x98 Strong knowledge in handling corporate actions and income related events for various instrument types
\xc3\x98 Accounting knowledge and knowledge on Swift messages, NAV is an added advantage.
\xc3\x98 Zeal to learn new things.
\xc3\x98 Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.
\xc3\x98 Working knowledge of MS Word, Excel will be useful.
\xc3\x98 Must be prepared to work in flexible timings.
\xc3\x98 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 always, and adhering to the use of the BNPP Email Protocols.
Teamwork 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 develop and adapt a process



Ability to develop others & improve their skills


Ability to set up relevant performance indicators


Education Level:

Master Degree or equivalent


Experience Level

At least 3 years


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 3 years

Schedule

: Full-time