Senior Associate, MO Treasury Operations

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:

Business line is IFSO & Primary Function for treasury operations is to manage Treasury products which includes record/posting all the transaction notifications and miscellaneous posting, i.e., interest, contributions and withdrawals etc. We match foreign exchange deals executed by the Client and ensure timely & proper settlement of these deals in the respective markets. Coordinating with both internal and external stake holders to resolve Cash & FXMM queries. FX. This is to ensure client will receive an updated cash position next day. As a part of Middle office Team Treasury operation serves Client Clean Cash payment & prefunding FX.

Job Title:

Senior Associate

Date:

Department:

AFS – MO

Location:

Business Line / Function:

IFSO

Reports to:

(Direct)

Asst Manager / Manager

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

NA

Directorship / Registration:

NA

Position Purpose :

BNP Paribas Securities Services Operations (2SO) provides services to global clients in the Asian region and some “follow-the-sun” activities for European clients. Our services include custody operations, fund accounting, middle office operations, static data management, IRP and other transversal services.  The Trade Processing activity under Middle Office Operations is very important and critical process of handling clients globally across locations,

 Senior Associate in Trade processing department performs daily BAU as per Standard Operating Procedure for the team and Client.

Responsibilities

Direct Responsibilities

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

¡ Ensure that all payments were processed within market/client deadlines.

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

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

¡ Should perform a review of the checklist to ensure all the tasks have been performed.

¡ Able to clearly understand and envisage the Swift messages (MT103, MT202, MT210, MT304, MT300, MT299, MT199 etc)

¡ Should pitch into the process as and when required and in-case of absenteeism.

¡ 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

¡ Constantly update and review procedures to keep up to date with the change in process.

¡ Participate in ad-hoc projects and new initiatives.

¡ Performing a range of daily, weekly, monthly controls to ensure completeness of processing and that any inappropriate postings, matching etc. is identified and resolved promptly.

¡ Participate in Brain Storming Sessions and share the best practices and ideas with the peer groups and team members.

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:  Graduates / Post Graduates

Bachelor Degree or equivalent

Experience Level: 3 year exp with Investment banking background

At least 3 year

Other/Specific Qualifications (if required)

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