Associate /Senior Associate – WM SCS – Security Transfer & Fees Collection

July 9, 2024

Associate /Senior Associate – WM SCS – Security Transfer & Fees Collection


  • Permanent
  • IN-Maharashtra-Mumbai
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About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

About BNP Paribas Group:

 BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected, and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind, and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

About Business line/Function :

Wealth Management Operations in ISPL started in 2018, provide back office services for BNP WM Singapore, Hong Kong and Taiwan. Processes include Security Custody Services, Remittances, Loans and Deposits and Security Masterfile    

Job Title:

Associate level1 / Associate

Corresponds to Inputter


31st July 2024


Wealth Management Operations ISPL


BNP Paribas India Solutions Private Limited (ISPL),Mumbai

Business Line / Function:

Wealth Management

Reports to:


Head of Security Transfer & Fees Collection


(if applicable)


Number of Direct Reports:


Directorship / Registration:


Position Purpose

Security Transfer works on Client request to Transfer Securities from one account to another. It Could be internal, Inter Book or External Transfer. Team also collects periodic and account closure fees for the team.

i) Direct contribution to BNPP operational permanent control framework

ii) Comply with regulatory requirements and internal guidelines

iii)Contribute to the reporting of all incidents according to the Incident Management System

iv)Contribute to the optimal quality customer service in securities processing


·       Co-ordinate with counterparty on settlement of trades for Equities and Mutual Funds.

·       Process instructions to various custodians for settlement.

·       Liaise with Front Office / dealers on necessary documentation for the processing of trade settlement.

·       Update clients’ positions in system.

·       Follow up and monitor the progress of late and failed trades.

·       Update status of any failed trade/transfers by the stipulated settlement date.

·       Compute, advise and debit clients’ account on relevant trade charges. Update waiver file if fees are waived.

·       Handle queries on trade processing from Front Office.

·       Ensure procedures and control measures are strictly adhered to.

·       Reconciliation of daily documents received from LBS with their Control Checklist.

·       Preparation of management report i.e. quarterly failed trade report.

·       Participate in BCP documentation / drills and be updated on BCP drills/activation

·       Sorting of mails.

Technical & Behavioral Competencies

·       Essential knowledge and experience of Settlement and Swift processing

·       Fluent in English (spoken and written).

·       Excellent communication and interpersonal skills.

·       Should possess strong fundamental and technical skills, awareness of operational risk.

·       Excellent PC skills, especially in Excel.

·       Able to work under pressure and exhibits strong problem solving skills.

·       Understanding the importance of data integrity.

Specific Qualifications (if required)

·       1-2 years of relevant working experience

·       Bachelor’s level degree or professional qualification


Skills Referential


Behavioural Skills: (Please select up to 4 skills)


Ability to collaborate / Teamwork


Attention to detail / rigor


Client focused




Transversal Skills: (Please select up to 5 skills)


Ability to develop and adapt a process


Ability to develop others & improve their skills


Analytical Ability


Ability to understand, explain and support change


Choose an item.


Education Level:

Bachelor Degree or equivalent


Experience Level

At least 2 years


Other/Specific Qualifications (if required)



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