JOB CONTENT

ROLE DESCRIPTION AND PURPOSE

BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 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, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.

BNP Paribas Asset Management is part of BNP Paribas Group and is responsible for the process of managing and monitoring assets, on behalf of individual and corporate clients. BNPP AM offers funds and mandates towards his clients. These funds & mandates are managed by Portfolio Managers, who are based in the different locations across the globe.

BNP Paribas Global Securities Operations is a wholly owned subsidiary of BNP Paribas Securities Services. Situated in Chennai and Mumbai, it supports provides 24X7 support for all Securities Services Operations across locations and caters to institutional clients. GSO is one of the three International Operating Centres catering to all businesses of Securities Services. Counting close to 2000 employees, GSO drives change within Securities Services and delivers a full range of timely and accurate operational processes for our clients.

Global Operations Services (GOS) is responsible for handling and monitoring all services, in order that the Portfolio Managers are able to manage daily their portfolios.

The role of the different Position Keeping teams (Corporate Actions, Reconciliation & Control, Pricing Listed and OTC, Portfolio Processing Support and Collateral Management) within GOS is essential to ensure that all information in our middle and front office position keeping tools are accurate and in line with service providers and client expectations.

The role of Reconciliation & Control within operations, is essential to ensure that all information in our position keeping tools is accurate and in line with service providers and client expectations. As a Reconciliation administrator, you will be responsible to provide to clients precise data by identifying any potential discrepancies in cash and positions and investigating accordingly.

Contribute to a continuous improvement of processes.

KEY RESPONSIBILITIES

• Cash reconciliation

Perform daily a cash reconciliation between bank statements received from custodians versus our position keeping tool. Liaise with portfolio managers, service providers and various teams within Ops to maintain the accuracy in our position keeping tool. Update internal reports and monitor outstanding breaks in cooperation with custodians, accountants, and teams within investment Ops.

Securities reconciliation

Perform daily a position reconciliation between bank statements received from custodians versus our position keeping tool.

Exchange Trade Derivates

Check all cash, variation margin, positions, fees and commission breaks linked to our cleared and OTC business between our position keeping tool and all clearers and CCP’s.

• Reporting

In line with client requests, compile and prepare reports at various frequencies throughout the month. Provide a monthly validation for reporting via the ‘green light’ process confirming all data on our accounts are accurate

KEY INTERNAL / EXTERNAL RELATIONSHIPS

• Internal: Portfolio managers, various teams within GOS, IT
• External: Custodians, Accountants, Trade Support , Clearers and CCP’s

ROLE REQUIREMENTS

ESSENTIAL QUALIFICATIONS & EXPERIENCE

• Bachelor / master degree in finance or accountancy is a plus but not essential.
• Finance or economics or equivalent by experience.
• Experience in the field of Operations (depending on function level).

ESSENTIAL SKILLS/COMPETENCIES (TECHNICAL / BEHAVIOURAL / LEADERSHIP)

• Technical competences

• Good knowledge of English and one or more other languages (ideally French; and the national language(s) of the country where the role is based).
• Knowledge of financial products and financial products transaction processing workflows
• Knowledge of internal procedures related to and governing the relevant scope of activities
• Good knowledge of basic IT tools (MS Office XL, MS Outlook, VBA, SQL…) and of specific IT applications used in daily activities

• Behavioral competences

• Accuracy
• Results-driven
• Teamwork
• Self-control & stress resistant
• Organisational skills
• Taking initiative
• Analytical skills
• Communication skills

Primary Location

: IN-TN-Chennai

Job Type

: Standard / Permanent

Job

: OPERATION PROCESSING

Schedule

: Full-time