BNP Paribas Hiring For ASSOCIATE LEVEL 1 at Chennai, Tamil Nadu Full Time

BNPP Group:–

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, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates 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.

BNPPGSO:–

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. “

Job Title:
Associate Level 1

Date:
02/02/2022

Department:
MFS

Location:
Chennai

Business Line / Function:
MFS OTC Derivatives US

Reports to:
(Direct)

Grade:
(if applicable)

Associate

(Functional)

Assistant Manager

Number of Direct Reports:
NA

Directorship / Registration:
Position Purpose

New Hire : NA

Back- Fill (replacement): Replacement for Associate performing OTC Trade support activities for US clients. This requirement is for US shift only.

Responsibilities

Direct Responsibilities

Processing OTC Derivative trades in internal systems manually and validate them accordingly.

Providing trade notifications to third parties such as fund trustees.

Resolving trade-related exceptions and investigate them until closure.

Involve in few supervisory controls related to BAU during absence of supervisors/TL

Take ownership in BAU issues and work closely with Supervisors to resolve it. Involve in new process migration testing, new product testing from time to time.

Liaison with the Counterparties and settling the cash flows

Liaison with the US OTC hub team, internal teams to resolve the breaks

Contributing Responsibilities

Escalating exceptions to appropriate processing team for resolution.

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

Contributing to the team success.

Technical & Behavioral Competencies

Proficient in Microsoft Office Applications and strong MS Excel skills required. Thorough understanding of all Derivative product classes

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

Specific Qualifications (if required)

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Attention to detail / rigor

Ability to deliver / Results driven

Ability to share / pass on knowledge

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

Ability to develop and adapt a process

Choose an item.

Choose an item.

Education Level:
Master Degree or equivalent

Experience Level

At least 1 year

Other/Specific Qualifications (if required)