Associate L1

Job Description 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, corporates 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 Wealth Management - Client Management Operations in ISPL started in 2019, provide back office services for BNP WM Singapore and Hong Kong. Processes include Client Reference Data and Reporting (since September 2019) Job Title Senior Associate / Assistant Manager Corresponds to level 2 Controller / Checker Date Department: Client Management Operations Location: BNP Paribas India Solutions Private Limited (ISPL),Mumbai Business Line / Function Wealth Management Reports To (Direct) Head Client On-Boarding Data Maintenance / Support Team Grade (if applicable) (Functional) Number Of Direct Reports NA Directorship / Registration NA Position Purpose Client On-Boarding team's goal, is to ensure a global and consistent first service is rendered to the clients. Ensure practices are adhered to bank's standard procedures and guidelines with an emphasis in the area of compliance. Keeping abreast with the changes in regulations (site, regional, global, HO), assess its impact. Responsibilities Direct Responsibilities - Support the execution of controls and tasks required in the Client Onboarding Data Maintenance and Banking Services process, ensuring that client documentation, data capture activities and banking services accorded meet the Bank's policies, standards, and applicable local legal and regulatory requirements - Work closely with internal customers to provide support to on-boarding of clients to the Bank. - Maintain sound work processes and integrity of client data. - Uphold the highest standards of control. - Keeping abreast with the changes in regulations (site, regional, global, HO), assess its impact. - Maintain workflows in accordance with site specific (SG/HK) requirements and ensure they are understood. - Controls are in place with regards to safe custody of account documentation, potential operations risks associated with user's requests to access database of sensitive client data, signatures and document images. - Verify controls in place with regards to safe custody of account documentation; potential operation risks associated with users requests to access database of sensitive client data, signatures and document images. - Administer request from internal regulators, internal stakeholders with respect to audit review. - Provide feedback and escalate issues to the appropriate functions and management. - Drive delivery of training requirements and conduct training on data maintenance, banking services processes as required. - Contribute to the implementation of operational permanent control policies and procedures in day-to-day business activities, such as Control Plan - Comply with regulatory requirements and internal guideline. - Contribute to the reporting of all incidents according to the Incident Management System - Minimizing operational failure, including but not exclusively, the risk of fraud, by helping to devise, and by implementing, sufficient regular controls - Escalation to management and/or Permanent Control (or Compliance as appropriate) upon issue being identified Contributing Responsibilities - Understand the principles and be familiar with Client databases requirements individuals/Corporates/Holding Companies/Trust Accounts. - Essential knowledge and experience in Client Data Management experience. - Must possess strong fundamental and technical skills, awareness of operational risk. - Competent in MS Office tools, particularly MS Excel Technical & Behavioral Competencies - Ensure Integrity of Creation and Maintenance of Client Data and meeting SLA & KPI. - Manage processes of closure of accounts. - Link clients to banking service tools (eg Direct access to advisory desks,dormant,deceased accounts, Blocking / Unblocking of accounts , etc) as requested as part of support handling. - Ensure all clients documents/files are stored securely whether electronically, through Image scanning or in paper format. - Support internal customers queries related to clients data/profiles to facilitate processes. - Prepare regular reports for Management review (daily/weekly/monthly/quarterly/periodic statistics) - To assume the responsibility of a level 2 checker. - Ensure timely processing of static data inputs request. - Appropriate and confidential handling of client data and information. - Provide Regional Support following SG and HK time and public holidays. - Work within a team with an adaptable flexible approach, coordinate with team members and internal customers to resolve complex cases and address issues in a timely manner. - Be open to change and support the vision of working in a fully transversal operation. - Ability to share information and eventually train new team members. - Abide with operational risk procedures and escalate incidents to Management where necessary. - Contribute to the implementation and controls for daily processes and assist with the update of procedures. - Report and escalate concerns / issues to Manager when required. - Liaise regularly with the following internal groups to ensure a smooth support process: WM COB SG/HK , Compliance, Legal , FO team, Client on-boarding and due diligence team in Singapore / Hong Kong or other support team within WMHK/WMSG that have any involvement in the Client On-boarding process. - Essential knowledge and experience in Client Data Management experience. - Excellent communication and interpersonal skills. Fluent in English (spoken and written) - Should process strong fundamental and technical skills, awareness of operational risk. - Excellent PC skills, especially in Excel. - Understanding of Compliance and Regulatory influences within the Client Onboarding process. - Demonstrate strong analytical and risk sense. - Able to work under pressure and exhibits strong problem-solving skills. - Understanding the importance of data integrity. - Team player, Independent, positive attitude, and attention to details. Specific Qualifications (if Required) - Minimum 4-5 years of relevant working experience. - Bachelor's level degree or professional qualification. Skills Referential Behavioural Skills: (Please select up to 4 skills) Ability to deliver / Results driven Attention to detail / rigor Client focused Adaptability Transversal Skills: (Please select up to 5 skills) Ability to develop and adapt a process Ability To Develop Others & Improve Their Skills Analytical Ability Ability to understand, explain and support change Ability to manage a project Education Level Bachelor Degree or equivalent Experience Level At least 5 years