Associate 1 - Cash Equity Settlements

5 months ago

Bengaluru Karnataka, India BNP Paribas Full time

ASSOCIATE 1 - CASH EQUITY SETTLEMENTS (JOB NUMBER: GLO006532)

**Job Description -**

**Security settlements Associate level 1**

About BNP Paribas Group:
BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.
- _

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 Securities Settlements team ensures that Security transactions (Bonds, Equities, Complex Securities, ETF, SLAB, Repo..) and positions registered in the books under CIB ITO’s mandate, match the commitment actually taken with counterparties within a secure setup, in accordance with Group and Regulatory Policies and/or contractual agreements.

Within the Securities Settlement Department, the main processes include pre & post settlement activities, clearing, and event-related accounting for securities deemed in scope.

Job Title:
Associate Level 1

Date:
Department:
Global Markets Operations - Securities settlements

**Location**:
Bangalore

Business Line / Function:
Electronic equity - Security settlements

Reports to:

- (Direct)_

NA

Grade:
(if applicable)

Associate Level 1
- (Functional)_

Number of Direct Reports:
NA

Directorship / Registration:
NA

Position Purpose

Primary responsibilities of the team includes:

- Settlement of Security transactions and associated products in a timely and cost effective manner
- Timely investigation of nostro and depot breaks
- Collectively working towards mitigation of operational and reputational risk by escalating in a timely and efficient manner
- Liaising with clients, brokers / counterparties and other internal support functions for smooth settlement of trades

**Responsibilities**

**Key Responsibilities**:

- Responsible for the settlement of Security transactions & associated products booked in Calypso, on a timely and cost effective basis by:

- Ensuring all trades are instructed, matched & settled on a timely basis
- Sufficient additional priority given to failing trades / Aged trades
- Working to reduce fails and/or potential fails by means of pairing off or partialing down deliveries
- Minimizing fails by means of partial deliveries where possible
- Pre-matching trades in a daily basis
- Ensure sufficient intimation is sent to Cash Management team to manage funding for trades
- Responsible for solving Nostro and Depot reconciliation breaks on a timely basis:

- By investigating and, where possible, clearing all nostro breaks in reported by Securities Control teams
- By passing entries to the Calypso systems to clean up outstanding items on a timely basis
- By investigating and, where possible, rectifying all depot breaks on a timely basis reported by Securities Control teams
- By investigating and solving accounting breaks raised by Securities Control & Accounting teams
- Escalating items that represent operational risk to the direct Manager
- Contribute to the minimisation of settlement costs & operational risk:

- By becoming more risk aware and by following the procedures or Compliance rules that are in place to mitigate operational or reputational risk
- Take swift actions in case of potential market risks (buyins, corporate actions, etc)
- Using the available escalation matrix when operational risk is detected
- Contribute to the overall successful running of the settlement department:

- By maintaining close relationships with all stake holders & escalating problems to relevant teams promptly where & when required
- By maintaining good working relationships with domestic agents and custodians
- By communicating with, and assisting, other operational departments where needed
- Ensuring direct Managers are kept informed of any potential problems & issues where appropriate.

**Skills and competencies**:

- Ability to analyse, organize and report efficiently
- Adaptable to different working methods and dynamic international environment
- Rigorous and pro-active in order to reach excellence anytime
- Diligently follow the set procedures and Compliance policies
- Knowledge of financial markets and products, and easiness/expertise in dealing with Excel.
- Language skills required: Business

  • Associate 1 - Cash Equity Settlements

    5 months ago

    Bengaluru, Karnataka, India BNP Paribas Full time

    **Job Description -** **Security settlements Associate level 1** About BNP Paribas Group: BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It...

  • Associate Level 1

    5 months ago

    Bengaluru, Karnataka, India BNP Paribas Full time

    ASSOCIATE LEVEL 1 - SECURITY / EQUITY SETTLEMENTS (JOB NUMBER: GLO006528) **Job Description -** **Security settlements Associate level 1** About BNP Paribas Group: BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors...

  • Associate1 - Cash Pb Settlements- Us Shift

    5 months ago

    Bengaluru, Karnataka, India BNP Paribas Full time

    ASSOCIATE1 - CASH PB SETTLEMENTS- US SHIFT (JOB NUMBER: OPE002861) **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...

  • Associate Level 1

    5 months ago

    Bengaluru, Karnataka, India BNP Paribas Full time

    ASSOCIATE LEVEL 1 - REPO BOND SETTLEMENTS (JOB NUMBER: GLO006663) **Repo/Bonds settlements** 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...

  • Associate1 - Cash Pb Settlements- Us Shift

    5 months ago

    Bengaluru, Karnataka, India BNP Paribas Full time

    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...

  • Associate Level 1

    5 months ago

    Bengaluru, Karnataka, India BNP Paribas Full time

    **Repo/Bonds settlements** 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...

  • Fixed Income

    2 months ago

    Bengaluru, Karnataka, India Deutsche Bank Full time

    **Fixed Income & Equity operations, Associate**: **Job ID**:R0334616**Full/Part-Time**:Full-time**Regular/Temporary**:Regular**Listed**:2024-09-09**Location**:Bangalore**Position Overview**: **Job Title: Fixed Income & Equity operations, Associate** **Location: Bangalore, India** **Role Description** - Clearing and Settlement is responsible for managing...

  • Associate Level 1

    5 months ago

    Bengaluru, India BNP Paribas Full time

    ASSOCIATE LEVEL 1 - REPO/BONDS SETTLEMENTS (JOB NUMBER: GLO005841) **Repo/Bonds settlements** *** **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...

  • Associate Level 1

    5 months ago

    Bengaluru, India BNP Paribas Full time

    **REPO/BONDS SETTLEMENTS**: *** **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...

  • Avp - Settlements & Recon

    5 months ago

    Bengaluru, Karnataka, India BNP Paribas Full time

    AVP - SETTLEMENTS & RECON (JOB NUMBER: OPE002843) About BNP Paribas Group: BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide...

  • Private Equity Associate

    5 months ago

    Bengaluru, Karnataka, India BHIVE Workspace Full time

    BHIVE Alts - Bengaluru - Referral Category: Category 5 - 1 - 3 years - Bachelor’s degree in finance, business, economics, or a related field - **Role**:Private Equity Associate **Experience Range**:1-3 years of experience in investment banking, private equity, or a related field, with strong financial modeling skills and proficiency in valuation...

  • Settlement Associate

    4 weeks ago

    Bengaluru, Karnataka, India Altisource Full time

    Job Title: Settlement AssociateJob Summary:We are seeking a highly skilled Settlement Associate to join our team at Altisource. As a Settlement Associate, you will be responsible for coordinating and processing real estate transactions from start to finish.Responsibilities:Communicate effectively with external stakeholders, including borrowers, selling...

  • Settlement Associate

    3 weeks ago

    Bengaluru, Karnataka, India Altisource Full time

    Job Title: Associate Settlement, ServicesJob Summary:We are seeking a highly skilled and experienced Associate Settlement, Services to join our team at Altisource. As a key member of our settlement operations team, you will be responsible for ensuring the smooth and efficient processing of real estate transactions.Key Responsibilities:Communicate effectively...

  • Associate Level 1: Ce Controls and Investigation

    5 months ago

    Bengaluru, Karnataka, India BNP Paribas Full time

    **Controls and Investigation - BGLR EMEA** 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...

  • Associate Level 1

    5 months ago

    Bengaluru, India BNP Paribas Full time

    ASSOCIATE LEVEL 1 - REPO BONDS / TRIPARTY SETTLEMENTS (JOB NUMBER: GLO006161) **Repo/Bonds settlements** *** **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...

  • Settlement Services Associate

    2 weeks ago

    Bengaluru, Karnataka, India Altisource Full time

    Job Title: Associate, Settlement ServicesJob SummaryAltisource is seeking a highly skilled Associate, Settlement Services to join our team. As a key member of our settlement services team, you will be responsible for effectively communicating with external stakeholders, handling objections, scheduling closings, and ensuring timely completion of...

  • Settlement Services Associate

    2 weeks ago

    Bengaluru, Karnataka, India Altisource Full time

    Job Title: Settlement Services AssociateJob Summary:We are seeking a highly skilled Settlement Services Associate to join our team at Altisource. As a key member of our settlement services team, you will be responsible for communicating effectively with external stakeholders, handling objections, and ensuring timely completion of closings.Key...

  • Settlement Services Associate

    6 days ago

    Bengaluru, Karnataka, India Altisource Full time

    Job Title: Settlement Services AssociateAltisource is seeking a highly skilled Settlement Services Associate to join our team. In this role, you will be responsible for communicating effectively with external stakeholders, managing closings, and ensuring timely completion of transactions.Responsibilities:Communicate with borrowers, selling agents, lenders,...

  • Loan Settlement Specialist

    4 weeks ago

    Bengaluru, Karnataka, India ThoughtFocus Full time

    Job SummaryWe are seeking an experienced Associate Bank Loan Closer to join our team at ThoughtFocus. The ideal candidate will have a strong background in bank loan settlements, with a minimum of 5 years of experience in a similar role at a buy-side firm.Key Responsibilities:Oversee all bank loan settlements for assigned issuers, ensuring timely and accurate...

  • Am - Fixed Income Settlements

    5 months ago

    Bengaluru, Karnataka, India BNP Paribas Full time

    AM - FIXED INCOME SETTLEMENTS (JOB NUMBER: OPE002853) *** **Fixed Income Settlements -AMER** 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...