A/l1

Job Title:
Associate /Associate L1

Date:
12/02/2021

Department:
AFS - MO

**Location**:
Chennai

Business Line / Function:
IFSO

Reports to:
(Direct)

Dilip Kumar MANI

Grade:
(if applicable)

(Functional)

Number of Direct Reports:
NA

Directorship / Registration:
NA

**Position Purpose**:
BNP Paribas Global Securities Operations (GSO) 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,

An Associate / Associate Level 1 in Cash processing department performs daily BAU as per Standard Operating Procedure for the particular team and Client.

**Responsibilities**

**Direct Responsibilities**:

- Working as a member of the Cash Processing team which processes payment activities of client.
- Process Cash payments for APAC clients within given deadlines
- Interact with both internal and external stake holders to resolve payment queries
- Monitoring of payments to confirm instructions from the client are processed in a timely and accurate manner thus ensuring timely settlement and accounting
- Ensure that all payments are processed within market/client deadlines
- Ensure client positions are correct and all payments/accounting transactions are processed
- Query resolution in accordance with time frames set out in Client SLA’s
- Work with the Custodian, Trustee and brokers (where applicable) for timely settlement.
- Reporting of exceptions in line with internal control and external client requirements.
- Resolve failed payments/accounting queries proactively to avoid possible SOD impact to clients.
- Escalating exceptions and failed transaction/payments 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 breaks at the back of reconciliation.

**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, payments etc. are 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)
- 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: 0-2 years exp with Investment banking background

At least 1 year

**Other/Specific Qualifications **(if required)
- Must be prepared to work in any shift supporting Asia/Americas/European business hours.