Job Description

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 specialized 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, corporate 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 stabilityCommitment to Diversity and InclusionAt 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:Client Implementation team is spread across Chennai and Mumbai which is a part of India-MO-Business Implementation, is responsible to support various underlying transitions events such as new fund setups, fund Closure, fund restructure events etc in the fund accounting platform, trade management platform as well within the custody platforms (where applicable). The existence of the team is critical to ensure a smooth service delivery happens within the BAU which is spread across various MO teams such as trade management, derivatives, Corp actions etc.Client Implementation follows \xe2\x80\x98\xe2\x80\x99HUB & SPOKE\xe2\x80\x99\xe2\x80\x99 model as the Client Implementation team acts as \xe2\x80\x98HUB\xe2\x80\x99 for implementing all transitional activities requested by client across all \xe2\x80\x98Spoke\xe2\x80\x99 locations. The team also acts as a bridge between the SPOKE and other internal teams in BNPP by facilitating the execution of accounting updates in accounting platform and instructing the custody movements for all transition related activities.The Client facing \xe2\x80\x98Spoke\xe2\x80\x99 teams collage transitional event/activities requested by clients and pass them on to respective Client Implementation team in Chennai for Implementation.Client Implementation teams split by locations,\xc3\xbc AU/NZ Client Implementation\xc3\xbc UK Transitions / Global client Implementation\xc3\xbc SG TransitionsJob Title:Senior AssociateDate:Department:MO-Client ImplementationLocation:Business Line / Function:IFSOReports to:(Direct)Grade:(if applicable)(Functional)ManagerNumber of Direct Reports:Directorship / Registration:NAPosition PurposeThe purpose of the role is to be a SME for the Client implementation operational team in handling BAU activities in the space of various transition events such as Portfolio setup, Portfolio closure, Portfolio restructure, onboarding, off boarding of clients etc within Middle office.The role would suit someone with overall understanding of Capital markets and hands on experience in Middle office / Custody operations with a strong understanding of third-party investment manager, client and custodian requirements. Fund accounting experience would also be highly beneficial.Commitment, engagement and collaboration with a good understanding of project management principles are required to deliver a professional service, in a quality manner by building and maintaining a continuous service program that supports the business and enhances its responsiveness whilst protecting our existing business requirements through effective scope management.ResponsibilitiesDirect Responsibilities\xc3\x98 An SME in performing various client implementation activities such as Portfolio setup, Portfolio closure, Portfolio restructure, onboarding, off boarding to the underlying Asset Manager clients.\xc3\x98 Ensure KPIs and KRIs of the team are met and in line to SLA standards.\xc3\x98 Ensure all stock / cash movements are completed as per the agreed transition timelines.\xc3\x98 Ensure to support the team as a validator / controller as required in BAU.\xc3\x98 Ensure preliminary analysis is performed for the transition / project activities and to highlight any issues to managers / onshore transition managers.\xc3\x98 Hands on experience in New fund setups, fund closure, transition activities etc within similar domain.\xc3\x98 Ensure eye to detail in managing various activities within the process.\xc3\x98 Overall understanding of Capital markets operations with familiarity towards Middle office trade processing, fund accounting, custody business etc.\xc3\x98 Act as a SPOC for audit and other assignments for the team.\xc3\x98 Develop a strong understanding of all upstream and downstream processes, systems and stakeholders involved.\xc3\x98 Ensure effective communication to all the parties involved.\xc3\x98 To follow escalation protocols to managers, senior stakeholders on all critical topics within the process.\xc3\x98 Ensure periodic review of procedures, checklist etc are carried out and changes incorporated as required.\xc3\x98 Willingness to take on other duties as assigned by the Assistant manager.Contributing Responsibilities\xc3\x98 Contribute towards process enhancements to bring in operational efficiencies.\xc3\x98 Ensure the skill matrix and training plans are up-to date for self and team (where applicable).\xc3\x98 Ensure to be a backup for the Assistant managers of the team where required.\xc3\x98 In depth knowledge on transition related activities linked to Asset manager clients\xc3\x98 Zeal to learn new things.\xc3\x98 Fair understanding of various investment products such as Equities, Fixed income, MM, FX, etc\xc3\x98 Must be prepared to work in flexible timings.\xc3\x98 Excellent communication skills.\xc3\x98 Willingness to act as subject matter expert on behalf of the business when needed.\xc3\x98 Collaborative mindset and an excellent team player with a zeal to lead the team where required.\xc3\x98 Ability to influence decision making throughout various organizational levels.\xc3\x98 Problem solving and problem resolution skills at a functional level.\xc3\x98 Communicates effectively with diverse groups and individuals across different locations including within the team, onshore partners, project team, managers etcTechnical & Behavioral Competencies\xc3\x98 Demonstrated knowledge on Capital markets and trade life cycle.\xc3\x98 Working knowledge and a subject matter expert in Middle office / Custody operations within Equities, Fixed income, FX, Corp actions etc.\xc3\x98 Hands on experience in new fund setups, fund closure, transition activities etc within similar domain. Fund accounting (and preferably Hi-Port) experience would also be highly beneficial.\xc3\x98 Ability to work as part of a team of problem solvers, helping to solve complex transitions from strategy to execution in performing various client implementation activities.\xc3\x98 In dept knowledge on KPIs/KRIs and ensure KPIs/KRIs of the team are met and in line to SLA standards.\xc3\x98 Ability to conduct risk awareness session with team periodically as team should be made aware of past incidents, internal errors etc to ensure to avoid repetitive errors.\xc3\x98 Solid experience in doing periodic review of procedures, checklist, SLA, BCP and BIA documents etc and proven knowledge in handing amendments if any.\xc3\x98 Collaborative mindset and an excellent team player with a zeal to learn new things.\xc3\x98 Communicates effectively with diverse groups and individuals across different locations including within the team, onshore partners, project team, managers etc.\xc3\x98 Ability to understand, explain and support change.Specific Qualifications (if required)\xc3\x98 Accounting/Finance/Economics or Financial Services Related DegreeSkills ReferentialBehavioural Skills: (Please select up to 4 skills)Ability to collaborate / TeamworkPersonal Impact / Ability to influenceAbility to deliver / Results drivenCommunication skills - oral & writtenTransversal Skills: (Please select up to 5 skills)Ability to understand, explain and support changeAbility to develop and leverage networksAnalytical AbilityAbility to anticipate business / strategic evolutionAbility to manage / facilitate a meeting, seminar, committee, training\xe2\x80\xa6Education Level:Bachelor Degree or equivalentExperience LevelAt least 5 yearsOther/Specific Qualifications (if required)

BNP Paribas