Associate

ASSOCIATE (JOB NUMBER: ASI000163)

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 Businessline/Function:
- GPCO (Global Payments & Cash Operations) Team is a cash management-processing center, operating from Mumbai and Chennai. The team supports a full range of payment services (Domestic and International products) across APAC & EMEA regions.- Job Title:
**Associate**
- Date:
- Department:
- GPCO- Location:
- Business Line / Function:
- CIB- Reports to:
- (Direct)_
- Manager- Grade:
- (if applicable)- NA- (Functional)_
- Number of Direct Reports:
- 0- Directorship / Registration:
- NA- Position Purpose- To process, monitor and control transaction processing for Domestic Payments Tax NACH IMPS of BNPP WITH THE OBJECTIVE to facilitate smooth functioning of operations while meeting the Operations Objectives of BNPPISPL for all the sites handled._

**Responsibilities**

**Primary responsibilities of the team includes**:

- Settlement of TAX, NACH, IMPS 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
- Ensure adherence to internal guidelines, compliance, screening, legal and regulatory aspects by the team members.

**Key Responsibilities**:

- Processing of various type of taxes on behalf of clients (Direct tax-TDS/TCS, advance tax, GST, custom duty, Professional tax, state tax, VAT, CST etc.)
- Processing of various type of NACH products like Debit Outward, Debit Inward, Credit Inward & Credit Outward
- Processing of Inward IMPS reconciliation file & commission entry posting to P&L account
- Recovery of charges from client for various products
- Reconciliation of different GL such as RBI current account, Tax corrbank account etc.
- MIS preparation & reporting to various stake holders
- Weekend support(rotation basis) for NACH product (Credit Inward & Debit Inward)
- BCP testing
- Ereporting setup & remitter master updation
- Vendor bill processing for cash pickup & delivery, cheque stationery printing etc.
- To provi