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 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 SA, a leading bank in Europe 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 6000 employees, to provide support and develop best-in-class solutions.

**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 resolution of nostro and depot breaks
- 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
- Monitoring of failing trades
- Reducing 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
- Cash Management related with funding 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
- Monitors and take appropriate actions in case of market risks (buyins)
- By seeking to improve STP rates at our custodians so reducing cost, by updating static data as and when necessary
- By reducing the number of manual instructions sent to agents therefore reducing cost, manual intervention and settlement risk according to Compliance rules
- If necessary, using the escalation process when operational risk is detected
- Contribute to the overall successful running of the settlement department:

- By maintaining close relationships with traders and sales and escalating problems to them promptly where required
- By maintaining good working relationships with domestic agen

  • 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 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...

  • Am - Fixed Income Settlements - Us Shift

    5 months ago

    Bengaluru, Karnataka, India BNP Paribas Full time

    AM - FIXED INCOME SETTLEMENTS - US SHIFT (JOB NUMBER: OPE002854) *** **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...

  • Avp - Fixed Income Settlements - Us Shift

    5 months ago

    Bengaluru, Karnataka, India BNP Paribas Full time

    AVP - FIXED INCOME SETTLEMENTS - US SHIFT (JOB NUMBER: OPE002849) **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...

  • 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...

  • Am - Fixed Income Settlements - Us Shift

    5 months ago

    Bengaluru, Karnataka, India BNP Paribas Full time

    **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 a 24x7 global delivery center. India Solutions services...

  • 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...

  • GBM Public, PB Risk and Underwriting, Associate, Bengaluru

    5 months ago

    Bengaluru, India Goldman Sachs Full time

    The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, Global Markets and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in...

  • Loan Settlement Specialist

    3 weeks ago

    Bengaluru, Karnataka, India ThoughtFocus Full time

    Job Title: Loan CloserAt ThoughtFocus, we are seeking an experienced Associate Bank Loan Closer to join our team. This role is ideal for individuals with a strong background in bank loan settlements and a passion for working in a dynamic Middle Office environment.Key Responsibilities:Oversee all bank loan settlements for assigned issuers, ensuring timely and...

  • Trade Settlements Specialist

    3 weeks ago

    Bengaluru, Karnataka, India F335 Deutsche India Private Limited, Bangalore Branch Full time

    About the RoleWe are seeking a highly skilled Trade Settlements Specialist to join our team at F335 Deutsche India Private Limited, Bangalore Branch. As a key member of our trade settlements team, you will play a critical role in ensuring the timely and accurate settlement of loan trades.Key ResponsibilitiesManage day-to-day loan activities, including manual...

  • 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...

  • Trade Settlements Specialist

    4 weeks ago

    Bengaluru, Karnataka, India F335 Deutsche India Private Limited, Bangalore Branch Full time

    About the RoleWe are seeking a highly skilled and detail-oriented Trade Settlements Specialist to join our team at F335 Deutsche India Private Limited, Bangalore Branch. As a Trade Settlements Specialist, you will play a critical role in ensuring the smooth settlement of loan trades and maintaining accurate records.Key ResponsibilitiesManage day-to-day loan...

  • 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...

  • Clearing and Settlement Operation Nct

    2 months ago

    Bengaluru, Karnataka, India Deutsche Bank Full time

    **Clearing and Settlement Operation NCT**: **Job ID**:R0346898**Full/Part-Time**:Full-time**Regular/Temporary**:Regular**Listed**:2024-09-17**Location**:Bangalore**Position Overview**: **Job Title - **Clearing and Settlement Operation, NCT** **Location - Bangalore, India** **Role Description** - Reference Data Analyst in IB SSI Ops within IB CPO -...

  • Expert in Clearing Settlement

    4 weeks ago

    Bengaluru, Karnataka, India Société Générale Assurances Full time

    Job DescriptionRole SummaryWe are seeking an experienced Clearing Settlement Expert to join our team at Société Générale Assurances. As a key member of our Treasury team, you will be responsible for managing clearing and settlement operations, ensuring timely and accurate processing of transactions.Key ResponsibilitiesManage clearing and settlement...

  • 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...

  • 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...

  • Trade Settlements Specialist

    3 weeks ago

    Bengaluru, Karnataka, India F335 Deutsche India Private Limited, Bangalore Branch Full time

    About the RoleWe are seeking a highly skilled and experienced Trade Settlements Specialist to join our team at F335 Deutsche India Private Limited, Bangalore Branch. As a key member of our trade settlements team, you will be responsible for ensuring the smooth settlement of loan trades with various dollar amounts and ensuring trade proceeds are completed...

  • Fx Confirmations

    7 months ago

    Bengaluru, India State Street Full time

    Who we are looking for State Street Global Markets Foreign Exchange confirmations and settlements team ensures all deals/trades are confirmed and settled in a timely manner based on market cut off. - Will have to engage and communicate daily with the below stakeholders - GTCB Cash processing and investigations team - SSGM FX Trading and Middle office...

  • Trade Settlements Specialist

    2 weeks ago

    Bengaluru, Karnataka, India F335 Deutsche India Private Limited, Bangalore Branch Full time

    DescriptionBecome part of the trade settlements team at F335 Deutsche India Private Limited, Bangalore Branch and play a key role in handling the settlement of loan trades with various dollar amounts. Your primary responsibility will be to ensure trade proceeds are completed within funding timelines in a fast-paced environment.Key ResponsibilitiesManage...