Assistant Manager

Job Description – APAC

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s 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’s 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’s 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, ****** 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:

Banking service operations to facilitate settlements and corporate actions of various markets to safekeep the securities under 2s operations team.

Job Title:

Assistant Manager

Date:

Department:

Global settlements

Location:

CHENNAI

Business Line / Function:

BSO

Reports to:

(Direct)

Manager

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

Directorship / Registration:

NA
Position Purpose

Facilitating transaction processing of instructions received from client to ensure settlement of trades in Global markets. Providing round the clock service to cover client queries across ASIA, EMEA and US regions. Reconciling client positions to match with the market positions. Being a team player to achieve team co-ordination, adhere to BNP policies and follow the agreed timelines to avoid any breach in SLA. SME in the process to assist team on BAU queries and playing Checker role by validating the transactions

Responsibilities

Direct Responsibilities

Validating the instructions that form part of NON-STP within agreed timeframes

Validating the manual instructions that are received via FAX and MT5++ and ensure that been reached to market.

Understanding client query and responding them based on priorities and within agreed SLA

Ensure proper static set-up is in place from client and Market perspective

Preparing timely reports to address the status of the trades and follow-up for any amendments

Ensure assigned task been completed and the check-list is duly filled up.

Reconciliation of client books to reflect real market positions

Accounting the settlement confirmations after proper investigation

Should gain complete knowledge on market specifications and acting as SME to clarify team queries

Contributing Responsibilities

Understanding BNP policies and adhere to it to ensure there is no breach.

Maintaining and adhere to safe desk policy to ensure that no documents been accessible to unauthorised person.

Be a team player to achieve common team organisations goals and build team co-ordination.

Flexibility and adaptability to move across the shift and support business on need basis
Technical & Behavioral Competencies

Decent knowledge about capital markets and financial instruments.

Creativity and innovations to identify the process improvements

Ability to adapt and handle the situation based scenarios
Specific Qualifications (if required)

Strong technical and analytical skills

Proficient in MS-office applications and good knowledge on MS-Excel

Ability to work individually and as a team

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Critical thinking

Attention to detail / rigor

Active listening

Ability to collaborate / Teamwork

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

Ability to develop and adapt a process

Ability to anticipate business / strategic evolution

Ability to develop and leverage networks

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 5 year

Other/Specific Qualifications (if required