Associate - Middle Office - Trade Management

Job description

Job Description

Note to Hiring Manager:

In support of BNP Paribas APAC's Diversity Commitment, Hiring Managers are to consider at least 1 Asia Pacific national, 1 male and 1 female candidate for the position to be filled.

Job Title:

Associate

Date:

04-Jul-19

Department:

IFSO - MO

Location:

Chennai

Business Line / Function:

IFSO

Reports to:

(Direct)

Grade:

(if applicable)

(Functional)

Asst Manager

Number of Direct Reports:

NA

Directorship / Registration:

NA

Position Purpose

Recruitment done in Mumbai

Responsibilities

Direct Responsibilities

¡ Working as a member of the Trade Processing team that includes trade capture, Matching & settlement of Securities, FX and Money market instruments.

¡ Process Global Security transactions on the Global trade processing platforms within given deadlines

¡ Interact with both internal and external stake holders to resolve trade confirmation and settlement queries

¡ Monitoring of transactions to confirm instructions from the client are processed in a timely and accurate manner thus ensuring timely settlement and accounting

¡ Ensure that all trades are matched within market/client deadlines

¡ Ensure client positions are correct and all transactions are processed

¡ Query resolution in accordance with time frames set out in Client SLA's

¡ Work with the Custodians and brokers for timely matching and settlement.

¡ Reporting of exceptions in line with internal control and external client requirements.

¡ Resolve failed trade queries proactively.

¡ Escalating exceptions and failed transaction to appropriate stake holders for early resolution.

¡ Ensure all errors/break down of procedure are documented as per BNP Paribas policy

¡ Extensive communication with Internal & External parties.

¡ Investigating and resolving custodian exceptions for all 3 product classes.

Contributing Responsibilities

Technical & Behavioral Competencies

¡ Thorough understanding of all Capital market, Financial Instruments, Investment baking processes and above average accounting skills

¡ Proficient in Microsoft Office Applications and strong MS Excel skills required.

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

¡ Capacity to deal with high volumes of activity

Specific Qualifications (if required)

¡ Graduates / Post Graduates (B.Com/MBA)

¡ Candidates should be willing and flexible to work in any shifts

¡ Associate – Associate Level 1: 0- 4 years of experience with Investment Banking background

Skills Referential

Behavioural Skills : (Please select up to 4 skills)

Adaptability

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

Ability to develop others & improve their skills

Ability to develop and adapt a process

Ability to set up relevant performance indicators

Analytical Ability

Education Level:

Bachelor Degree or equivalent

Experience Level

Beginner

Other/Specific Qualifications (if required)

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

Desired profile

Qualifications :

Job Description


Note to Hiring Manager:

In support of BNP Paribas APAC's Diversity Commitment, Hiring Managers are to consider at least 1 Asia Pacific national, 1 male and 1 female candidate for the position to be filled.

Job Title:

Associate

Date:

04-Jul-19

Department:

IFSO - MO

Location:

Chennai

Business Line / Function:

IFSO

Reports to:

(Direct)

Grade:

(if applicable)

(Functional)

Asst Manager

Number of Direct Reports:

NA

Directorship / Registration:

NA

Position Purpose

Recruitment done in Mumbai

Responsibilities

Direct Responsibilities

¡ Working as a member of the Trade Processing team that includes trade capture, Matching & settlement of Securities, FX and Money market instruments.

¡ Process Global Security transactions on the Global trade processing platforms within given deadlines

¡ Interact with both internal and external stake holders to resolve trade confirmation and settlement queries

¡ Monitoring of transactions to confirm instructions from the client are processed in a timely and accurate manner thus ensuring timely settlement and accounting

¡ Ensure that all trades are matched within market/client deadlines

¡ Ensure client positions are correct and all transactions are processed

¡ Query resolution in accordance with time frames set out in Client SLA's

¡ Work with the Custodians and brokers for timely matching and settlement.

¡ Reporting of exceptions in line with internal control and external client requirements.

¡ Resolve failed trade queries proactively.

¡ Escalating exceptions and failed transaction to appropriate stake holders for early resolution.

¡ Ensure all errors/break down of procedure are documented as per BNP Paribas policy

¡ Extensive communication with Internal & External parties.

¡ Investigating and resolving custodian exceptions for all 3 product classes.



Contributing Responsibilities

Technical & Behavioral Competencies

¡ Thorough understanding of all Capital market, Financial Instruments, Investment baking processes and above average accounting skills

¡ Proficient in Microsoft Office Applications and strong MS Excel skills required.

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

¡ Capacity to deal with high volumes of activity

Specific Qualifications (if required)

¡ Graduates / Post Graduates (B.Com/MBA)

¡ Candidates should be willing and flexible to work in any shifts

¡ Associate – Associate Level 1: 0- 4 years of experience with Investment Banking background

Skills Referential

Behavioural Skills : (Please select up to 4 skills)

Adaptability

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

Ability to develop others & improve their skills

Ability to develop and adapt a process

Ability to set up relevant performance indicators

Analytical Ability

Education Level:

Bachelor Degree or equivalent

Experience Level

Beginner

Other/Specific Qualifications (if required)

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