Associate

2 days ago

Chennai, India BNP Paribas Full time

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 24x7 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, corporate 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:

Global Markets Operations, Securities Services Operations & Global Banking operation provides services to global clients across Asia, Europe & US region coverage & some “follow-the-sun” activities offering a wide range of services, which include custody operations, fund accounting, middle-office operations, static data management, clearing and settlement operations, securities lending, corporate action, and other transversal services.

Job Title:

Associate/ Associate Level 1

Department:

ISPL – COCE, Securities Services & Global Banking

Location:

Chennai, Mumbai & Bengaluru

Reports to:

(Direct) Assistant Manager / Manager

Direct Responsibilities

  • Processing of transactions within the agreed timelines
  • Ensure all the transactions are completed and approved in the system within the TAT /SLA
  • Ensure all the transactions are processed with at most care without errors/mistakes.
  • Prioritize the work and conduct investigation with due diligence on all the discrepancies.
  • Taking corrective measures/action in consultation with the Assistant Manager/Senior Associate
  • Escalate unresolved open items to the Assistant Manager/Senior Associate
  • Maintain Communication Channels with internal peer groups.
  • Participate in Cross Training and ensure the Knowledge transfer between the team and processes is happening on periodic basis.
  • Participate in Brainstorming Sessions and share the best practices and ideas with the peer groups and team members.
  • Consistently evaluate and update documented procedures to ensure they are complete, accurate and current
  • The position interfaces with other Process Associates, Mid Office Staff, Relationship Managers and Clients
  • The position interfaces with International Team Members of BNP Group and its Clients or Vendors or Sub-Custodians

Technical & Behavioral Competencies

  • Thorough understanding of all Capital market, Financial Instruments, Investment banking 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.
  • Ability to work as part of a team.
  • Prioritizes multiple tasks and meets deadlines.
  • Ability to work in shifts as required.

Specific Qualifications (if required)

  • Graduates / Post Graduates
  • Candidates should be willing and flexible to work in any shifts.
  • 6 months - 2 years of experience with Investment Banking background

Skills Referential

Behavioral Skills:

  • Ability to collaborate / Teamwork
  • Communication skills - oral & written
  • Client focused
  • Creativity & Innovation / Problem solving

Transversal Skills:

  • Analytical Ability
  • Ability to understand, explain and support change

Education Level:

Master Degree or equivalent

Experience Level

Minimum 6 months

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