Bnp Paribas Hiring for Associate at Chennai, Tamil Nadu, India Full Time

Job Description

– APAC
Job Title: Associate Date: 16th Jul 2021 Department: Principal Lending Location: GSO, Chennai Business Line / Function: Market and Financing Services Reports to: (Direct) Team manager of PL Settlements EMEA & Settlements and Collateral APAC Grade: (if applicable) (Functional) Number of Direct Reports: Directorship / Registration:

Position Purpose

Associate will be responsible for performing daily tasks related to Collateral & Settlements process carried out in the Principal lending department. He/ She will work on the daily tasks, monitor the settlement and book the collateral trades and will report directly to the Team Manager of the Settlements team. The staff will be working closely with Paris management, Relationship management, Front office and external Brokers as part of their daily BAU.

Responsibilities

Direct Responsibilities

• Get trained in each function and tasks of the settlement and collateral management processes.
• Liaising closely and provide an exceptional level of service to the Front Office.
• Keep up and manage every operational aspects linked to the activity of Principal Lending. (Loan & Collaterals) and maintain quality relationship with respective custodians, external stakeholders like counterparties and also with our traders.
• Check the exposures on client funds during the day and manage daily call margins with brokers and with triparty agents
• Monitor all the loans booked by Front Desk & collateral trades are settled in time in adherence to the settlement cycle.
• Resolve breaks in the reconciliation in collaboration with reconciliation team.
• Must be able to see tasks through to completion with a sense of accountability.
• Ensure Client & management reporting is made within deadline and without any errors or delay.
• Perform control tasks required for the process, double check and confirm the completion of tasks within the deadline in line with daily checklists.

Technical & Behavioral Competencies

• Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines.
• Ability to work in a team environment in coordination with the colleagues and the mangers.
• Proficient in Microsoft Office Applications and strong MS Excel skills required.

Specific Qualifications (if required)

Skills Referential Behavioural Skills: (Please select up to 4 skills) Ability to collaborate / Teamwork Attention to detail / rigor Communication skills – oral & written Ability to share / pass on knowledge Transversal Skills: (Please select up to 5 skills) Ability to develop others & improve their skills Ability to develop and leverage networks Ability to develop and adapt a process Choose an item. Choose an item. Education Level: Bachelor Degree or equivalent Experience Level Indifferent Other/Specific Qualifications (if required)