Job Description

About BNP Paribas Group: BNPParibas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centered on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporate and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNPParibas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region. About BNP Paribas India Solutions: Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach. With delivery centers located in Mumbai and Chennai, we are a 24x7 global delivery center. We partner various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals - Information Technology, Operations and Finance Shared Services. About Business line/Function : Global Market Securities Settlements team ensures that Security transactions (Bonds, Equities, Complex Securities, ETF, SLAB, Repo..) and positions registered in the books under CIB ITO\'s mandate, match the commitment actually taken with counterparties within a secure setup, in accordance with Group and Regulatory Policies and/or contractual agreements. Within the Securities Settlement Department, the main processes include pre & post settlement activities, clearing, and event-related accounting for securities deemed in scope. The Recon & Control is a department within Control & Regulatory team that handles cash reconciliations, P&L reconciliation to sub-ledger, balance sheet substantiation, covering Fees and invoicing process, as well as general accounting, control, and reporting responsibilities Job Title: Assistant Manager Date: Department: Global Markets Operations -Product & Accounting Control - Settlements Location: Bangalore Business Line / Function: PB/Electronic Execution - Security Settlements Reports to: (Direct) NA Grade: (if applicable) Assistant Manager (Functional) Number of Direct Reports: NA Directorship / Registration: NA Position Purpose Primary responsibilities of the team includes: . Settlement of Security transactions and associated products in a timely and cost effective manner . Timely resolution of Nostro and depot breaks . Mitigation of operational and reputational risk by escalating in a timely and efficient manner . P&L reconciliation to sub-ledger, balance sheet substantiation, covering Fees and invoicing process, as well as general accounting, control, and reporting responsibilities Responsibilities Key Responsibilities: . Deliver the reporting of P&L results to the respective middle office teams. . Validate reconciliation of (but not preparation of) middle office P&L to the General Ledger. . Certify Cash \'Nostro\' reconciliations and ensure reported in a timely manner. . Support the general ledger balance sheet substantiation and investigation, including break resolution for activity under our control remit. . Support the controls ensuring the integrity of the Stock Record and all positions . Assist on projects including but not limited to system upgrades, implementations, & automations. . Assist with ad-hoc duties and reporting as assigned. . Make a direct contribution to BNPP operational permanent control framework Core competencies: Candidates will be measured on the following four performance drivers which will dictate how individual impact is considered on the Americas platform: . Results and Impact . Leadership and Collaboration . Client, Customer and Stakeholder Focus . Compliance Culture and Conduct Experience Required Minimum of 5 years experience Skills Referential Behavioural Skills : (Please select up to 4 skills) - Ability to deliver / Results driven 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 Analytical Ability Ability to develop others & improve their skills Ability to manage a project Ability to manage / facilitate a meeting, seminar, committee, training Education Level: Bachelor Degree or equivalent Experience Level : At least 5 years Other/Specific Qualifications (if required)

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