Associate - Dec - Brokerage Payable and Receivables
2 weeks ago
**DEC BROKERAGE**
About BNP Paribas 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.
About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach. With delivery centers located in Mumbai and Chennai, we are a 24x7 global delivery center. We partner various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals - Information Technology, Operations and Finance Shared Services.
**About Business line/Function**:
Global Market Operations (GMO) covers Front Office activities such as ALM/Treasury and Fixed Income local booking. GMO consists of various streams, Control and Investigations, Settlement, Collateral and Reconciliation. GMO teams are also in regular contact with Capital Market Middle Office, Regional Back Office’s and Regional Finance.
Job Title:
Associate /Sr. Associate
Date:
Department:
DEC Brokerage
**Location**:
Bengaluru
Business Line / Function:
Derivatives Execution & Clearing Operations
Reports to:
(Direct)
Team leader
Grade:
(if applicable)
na
(Functional)
Number of Direct Reports:
na
Directorship / Registration:
NA
**POSITION PURPOSE**:
To manage Brokerage function as per give up agreement for the clearing function. Ensure accurate settlements.
Responsible for processing all invoices received for payment and for undertaking the payment of all creditors in an accurate, efficient and timely manner.
Undertake a variety of financial and non-financial tasks in order to help guarantee the company’s revenues; handle the processing of incoming payments along with the issuing of necessary paperwork.
**Responsibilities**
**Payable**
Processing accounts and payments in compliance with financial policies and procedures
Performing day to day financial transactions, including verifying, classifying, computing, posting and recording accounts receivables’ data
Reconcile the accounts receivable ledger to ensure properly posted.
Execution fee setup in the back office system
Registration of broker invoices and reconciliation of trades & fees
Instruction of invoices settlement
On board process - Establish Give-up agreement
**Receivables**
Receiving and sorting incoming payments
Managing the status of accounts and balances and identifying inconsistencies
Issuing invoices
Assume the responsibility of receiving and sorting incoming payments with attention to credibility
Update accounts receivable database with new accounts or missed payments
Ensure all clients remain informed on their outstanding debts and deadlines
Provide solutions to any relative problems of clients
Write thorough reports on billing activity with clear and reliable data
Chasing Paying agent to obtain payments
**Risk control and supervision**:
Monitor activity progress against the goals and take appropriate corrective action as and when it is required
Control and ensure that all tasks are processed accurately and on a timely manner
Identify risk, suggest implementation of a first level of control.
**Contributing Responsibilities**
Deal with client and brokers issues escalated by the team and share it with the management when appropriate
Participate in client visits and conference calls
client focus
Collaborate /Liaise with other BNPP teams/stakeholders.
Verify discrepancies by and resolve billing issues
Ensure that procedures are updated and validated on a timely manner
Perform and updated the status of the assigned tasks in the daily task checklist.
Review and validation of Give Up Agreement through Egus (or hard copy)
Breaks analysis and dispute resolution
**TECHNICAL & BEHAVIORAL COMPETENCIES**:
Strong Communication skills required for an effective liaison with counterparties and internal stakeholders to the reconciliation process. (Middle offices, marketers, traders, credit, compliance and legal)
Proven working experience as Accounts Payable / Accounts Receivable domain
Knowledge of Exchange Traded derivative products /ETD Clearing.
St
-
Dec - Brokerage Payable and Receivables
1 month ago
Bengaluru, India Riverforest Connections Full time**Position Purpose** To manage Brokerage function as per give up agreement for the clearing function.Ensure accurate settlements. Responsible for processing all invoices received for payment and for undertaking the payment of all creditors in an accurate, efficient and timely manner. Undertake a variety of financial and non-financial tasks in order to...
-
Associate Level 1
2 weeks ago
Bengaluru, India BNP Paribas Full timeASSOCIATE LEVEL 1 - DEC-BROKERAGE (JOB NUMBER: OPE002445) **DEC -Clearing** **About BNP Paribas Group**: BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 71 countries, with approximately 199,000 employees. The Group has key positions in its three main activities: Domestic Markets and International Financial Services...
-
Associate Level 1
1 week ago
Bengaluru, India BNP Paribas Full timeASSOCIATE LEVEL 1 - DEC-BROKERAGE (JOB NUMBER: OPE002444) **DEC -Clearing** **About BNP Paribas Group**: BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 71 countries, with approximately 199,000 employees. The Group has key positions in its three main activities: Domestic Markets and International Financial Services...
-
Associate Level 1
2 weeks ago
Bengaluru, India BNP Paribas Full time**DEC -Clearing** **About BNP Paribas Group**: BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 71 countries, with approximately 199,000 employees. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are...
-
Associate Level 1
1 week ago
Bengaluru, India BNP Paribas Full time**DEC -Clearing** **About BNP Paribas Group**: BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 71 countries, with approximately 199,000 employees. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are...
-
Accounts Receivables and Payables
4 weeks ago
Bengaluru, India Melange India Full time**Accounts Executive - Receivables and Payables** **No of Positions: 01** **Location: Bangalore / V V Puram** **Work Experience: 2-5 Years** **Joining : Immediate/At the earliest.** **Salary Bracket: 20, 000 to to 22,000. (depending on Experience and Knowledge)** **Skill**: **Good Communication skill - verbal and Written** **Hands on Experience in...
-
Accounts Receivable
4 weeks ago
Bengaluru, Karnataka, India HikeOn Technologies Full time**Job Information**: Industry - AccountingWork Experience - 1-3 yearsSalary - 800000City - Bangalore SouthState/Province - KarnatakaCountry - IndiaZip/Postal Code - 560076Job Summary: **Responsibilities**: Accounts Receivable Management: - Oversee the invoicing process, ensuring accuracy and timeliness in billing. - Monitor accounts receivable aging reports...
-
Accounts Payable Associate
3 days ago
Bengaluru, India Amentum Full time**Accounts Payable Associate**: - R0097016 - Bengaluru, India - Full time - Add to favorites Favorited View favorites Job Summary The Accounts Payables Associate will record invoices in Costpoint/internal database, perform data entry tasks, and provide scanning, filing and administrative support to the Accounts Payable department. - Principal...
-
Executive Accounts Payable
1 month ago
Bengaluru, India FinAKS Advisory LLP Full timeHi, Greetings from Finaks ! We are looking for Commerce Graduates / Post Graduates with 2-7 years of experience into Accounts Payable, Accounts Receivable, Procure to pay, Order to cash (O2C,P2P) Job Location: Whitefield, Bangalore. **Salary**: ₹300,000.00 - ₹500,000.00 per year Schedule: - Day shift
-
Accounts Payable Associate
2 days ago
Bengaluru, India Amentum Full timeJob Summary The Accounts Payables Associate will record invoices in Costpoint/internal database, perform data entry tasks, and provide scanning, filing and administrative support to the Accounts Payable department. Principal Accountabilities - Provide a variety of administrative and data entry services for the Accounts Payable department. - Record invoices...
-
Associate Accounts Payable
2 weeks ago
Bengaluru, Karnataka, India HUDSON S BAY SERVICES PRIVATE LIMITED Full timeApply for Associate, Accounts Payable, Career Progress Consultants in Bengaluru/ Bangalore for 0 - 3 Year of Experience on
-
Associate Accounts Receivable
1 month ago
Bengaluru, India Arena Investors LP Full time**Requirements**: The individual will have demonstrated an ability to work in a fast-paced, performance-driven environment with an ability to think broadly about the business, incorporating continual improvement of processes and procedures with a goal of excellence while focusing on accuracy and efficiency. - Accounts payable / receivable processing...
-
Specialist Accounts Payable
6 days ago
Bengaluru, India Kennametal Full timeAbout Kennametal With over 80 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions. Customers across aerospace and defense, earthworks, energy, general engineering and transportation turn to Kennametal to help them manufacture with precision and...
-
Bengaluru, Karnataka, India BNP Paribas Full timeASSOCIATE LEVEL 1- DEC CLEARING/REFERENTIAL DATA (JOB NUMBER: OPE002842) **DEC -Clearing** **About BNP Paribas Group**: BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 71 countries, with approximately 199,000 employees. The Group has key positions in its three main activities: Domestic Markets and International...
-
Specialist Accounts Payable
7 days ago
Bengaluru, India Kennametal, Inc. Full timeAbout KennametalWith over 80 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions. Customers across aerospace and defense, earthworks, energy, general engineering and transportation turn to Kennametal to help them manufacture with precision and...
-
Associate Level 1- Dec Clearing-pfm
4 days ago
Bengaluru, Karnataka, India BNP Paribas Full timeASSOCIATE LEVEL 1- DEC CLEARING-PFM (JOB NUMBER: OPE002909) **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,...
-
Associate, Accounts Payable
1 day ago
Bengaluru, India Hudson's Bay Company Full timeJob Description Associate – Accounts Payable As a dynamic, global business we have got a lot of payments to make – and we like to make them promptly. Accounts Payable is the team on top of everyone. Dedicated to accurate, compliant, and timely service, we keep a keen eye on all kinds of key transactions. We are involved in seamlessly...
-
Associate Accounts Payable
2 months ago
Bengaluru, India Kyndryl Full timeWho We Are Kyndryl is a market leader that thinks and acts like a start-up. We design, build, manage, and modernize the mission-critical technology systems that the world depends on every day. So why work at Kyndryl? We are always moving forward - always pushing ourselves to go further in our efforts to build a more equitable, inclusive world for our...
-
Accounts Payable Specialist
2 weeks ago
Bengaluru, India Diversified Full timeAP SpecialistJob Location - HebbalExp - 1 to 2 yearsJob Description:The Accounts Payable Coordinator is responsible for the processing invoices for goods and services purchased by Diversified. The role also serves as an auditor, ensuring that invoices are accurate and that proper accounting procedures are followed for the purchasing and payment of goods...
-
Accounts Payable Specialist
2 weeks ago
Bengaluru, India Diversified Full timeAP SpecialistJob Location - HebbalExp - 1 to 2 yearsJob Description:The Accounts Payable Coordinator is responsible for the processing invoices for goods and services purchased by Diversified. The role also serves as an auditor, ensuring that invoices are accurate and that proper accounting procedures are followed for the purchasing and payment of goods...