Assistant Manager - MO - Trade Support - Interest & Claims UK - FSO13

Job description

BNP Paribas Global Securities Operations – Job Description

Business Line : Asset And fund services

Team : Interest claims

Designation : Assistant Manager

Company background

The bank for a changing world

With strong roots anchored in Europe's banking history dating back to 1848, BNP Paribas supports its clients and employees in today's changing world and has positioned itself as a leading bank in the Eurozone and a prominent international banking institution. The Group serves nearly 32 million individual customers and 1 million professionals, entrepreneurs, small and medium-sized enterprises and large corporate clients in its retail-banking networks. With over 189,000 employees representing 150 nationalities across 75 countries, BNP Paribas is one of the world's largest banks, ranking highly in both Retail Banking Services and Corporate and Institutional Banking. The Group has had a presence in India for over 150 years having established its first branch in Kolkata, in 1860. With this unparalleled experience of the Indian market, it is among the leading corporate banks in the country.

A leading global custodian and securities services provider

BNP Paribas Securities Services, a wholly-owned subsidiary of the BNP Paribas Group, is a leading global custodian and securities services provider, backed by the strength of a universal banking group. Our mission is to protect and secure assets for all actors of the investment cycle: buy-side, sell-side and issuers. A part of the Corporate and Institutional Banking business of the Group, it has USD 8,770 billion assets under custody, USD 2,074 billion assets under administration and administers over 10,000 funds. BNP Paribas Securities Services has a unique multi-local model, servicing both the buy-side (the institutional investors and the fund managers) and sell-side (the broker-dealers community and the banks) providing a global coverage of over 100 markets through 9,500 employees worldwide across 34 countries.

Global Securities Operations

One of the three international operations centres, BNP Paribas Global Securities Operations (GSO) provides services to global clients in the Asian region and some “follow-the-sun” activities for European clients. Wholly owned by BNP Paribas Securities Services, the GSO centre offers a wide range of services which include custody operations, fund accounting, middle-office operations, static data management, clearing and settlement operations and other transversal services.

Visit us at:

Job summary

Roles & Responsibilities

The Claims Department exists to provide an oversight and risk function to review and manage interest claims on behalf of our Investment managers. To assist with core processing function.

This support includes:

·
Working with Custodians and Brokers to resolve claim.

·
Working with the Client.

·
Clearing Cash Breaks.

·
Working together as a Team to achieve the same Goals.

·
Clear and Defined escalation points.

This is a position on the BP2S Interest Claims team and candidates are required to have good investigation ability for FX/MM and Securities. We need candidates to manage closely existing and new interest claims by logging/investigating and issuing claims in a timely manner received from internal and external counterparts. Client KPIs need to be met each month.

Primary Responsibilities

·
Investigation skills

·
Good understanding of operational/market processes for all instrument types

·
Attention to detail, completing good narrative on claims history.

·
FX/Security settlements experience.

·
Good communication, internally and externally.

·
Liaising with clients, brokers, custodians.

·
Ability to keep focused.

·
Work within a team environment.

·
Swift knowledge (cash and security swift message types).

·
Ownership and responsible for clearing any relevant reconciliation breaks

·
Mailbox monitoring and allocation of claims

·
Taking corrective measures/action in consultation with the Manager.

·
People Management.

Knowledge and skills required

·
Good working knowledge of the transaction types securities/FX and MM

·
Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.

·
Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines.

·
Proficient in Microsoft Office Applications and strong MS-Word & Excel skills required.

·
To be based in Chennai and prepared to travel as required.

·
Must be prepared to work in any shift supporting Asia/Americas/European business hours.

·
Identify Operational Risk Areas within the Client Business Revenue Process.

·
Supervise, Monitor, Control and Co-ordinate all activities in the department.

·
Lead and motivate the employees in the department

·
Identify and develop succession plan.

Job requirements

Educational qualification : Graduation/ Post Graduation with specialization in Commerce or Finance

Total years of experience : 6-8 years of experience from a fund manager /custodian / broker background.

Relevant years of experience : Minimum of 4-5 years

Number of staff supervised : Minimum of 8-10 members

Desired profile

Qualifications :

BNP Paribas Global Securities Operations – Job Description

Business Line : Asset And fund services

Team : Interest claims

Designation : Assistant Manager

Company background

The bank for a changing world

With strong roots anchored in Europe's banking history dating back to 1848, BNP Paribas supports its clients and employees in today's changing world and has positioned itself as a leading bank in the Eurozone and a prominent international banking institution. The Group serves nearly 32 million individual customers and 1 million professionals, entrepreneurs, small and medium-sized enterprises and large corporate clients in its retail-banking networks. With over 189,000 employees representing 150 nationalities across 75 countries, BNP Paribas is one of the world's largest banks, ranking highly in both Retail Banking Services and Corporate and Institutional Banking. The Group has had a presence in India for over 150 years having established its first branch in Kolkata, in 1860. With this unparalleled experience of the Indian market, it is among the leading corporate banks in the country.

A leading global custodian and securities services provider

BNP Paribas Securities Services, a wholly-owned subsidiary of the BNP Paribas Group, is a leading global custodian and securities services provider, backed by the strength of a universal banking group. Our mission is to protect and secure assets for all actors of the investment cycle: buy-side, sell-side and issuers. A part of the Corporate and Institutional Banking business of the Group, it has USD 8,770 billion assets under custody, USD 2,074 billion assets under administration and administers over 10,000 funds. BNP Paribas Securities Services has a unique multi-local model, servicing both the buy-side (the institutional investors and the fund managers) and sell-side (the broker-dealers community and the banks) providing a global coverage of over 100 markets through 9,500 employees worldwide across 34 countries.

Global Securities Operations

One of the three international operations centres, BNP Paribas Global Securities Operations (GSO) provides services to global clients in the Asian region and some “follow-the-sun” activities for European clients. Wholly owned by BNP Paribas Securities Services, the GSO centre offers a wide range of services which include custody operations, fund accounting, middle-office operations, static data management, clearing and settlement operations and other transversal services.

Visit us at:

Job summary

Roles & Responsibilities

The Claims Department exists to provide an oversight and risk function to review and manage interest claims on behalf of our Investment managers. To assist with core processing function.

This support includes:

· 
Working with Custodians and Brokers to resolve claim.

· 
Working with the Client.

· 
Clearing Cash Breaks.

· 
Working together as a Team to achieve the same Goals.

· 
Clear and Defined escalation points.

This is a position on the BP2S Interest Claims team and candidates are required to have good investigation ability for FX/MM and Securities. We need candidates to manage closely existing and new interest claims by logging/investigating and issuing claims in a timely manner received from internal and external counterparts. Client KPIs need to be met each month.

Primary Responsibilities

· 
Investigation skills

· 
Good understanding of operational/market processes for all instrument types

· 
Attention to detail, completing good narrative on claims history.

· 
FX/Security settlements experience.

· 
Good communication, internally and externally.

· 
Liaising with clients, brokers, custodians.

· 
Ability to keep focused.

· 
Work within a team environment.

· 
Swift knowledge (cash and security swift message types).

· 
Ownership and responsible for clearing any relevant reconciliation breaks

· 
Mailbox monitoring and allocation of claims

· 
Taking corrective measures/action in consultation with the Manager.

· 
People Management.

Knowledge and skills required

· 
Good working knowledge of the transaction types securities/FX and MM

· 
Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.

· 
Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines.

· 
Proficient in Microsoft Office Applications and strong MS-Word & Excel skills required.

· 
To be based in Chennai and prepared to travel as required.

· 
Must be prepared to work in any shift supporting Asia/Americas/European business hours.

· 
Identify Operational Risk Areas within the Client Business Revenue Process.

· 
Supervise, Monitor, Control and Co-ordinate all activities in the department.

· 
Lead and motivate the employees in the department

· 
Identify and develop succession plan.

Job requirements

Educational qualification : Graduation/ Post Graduation with specialization in Commerce or Finance

Total years of experience : 6-8 years of experience from a fund manager /custodian / broker background.

Relevant years of experience : Minimum of 4-5 years

Number of staff supervised : Minimum of 8-10 members