Associate Global Market Operations-slab Securities
2 weeks ago
Hi, All
**Location: Bangalore**
**Experience: 2+ yrs**
**Notice Period: Immediate-15 days**
**JOB DESCRIPTION**:
**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 Back Office system, 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 BO 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 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
- Flexibility on working methods and changing international environment
- Rigorous and reactive in order to face pressure and reach excellence anytime
- Diligently follow the set procedures and Compliance policies
- Knowledge of financial markets and products, and easiness/expertise in dealing with Excel.
- English speaker
**Job Type**: Contractual / Temporary
Contract length: 6 months
**Salary**: ₹100,000.00 - ₹500,000.00 per year
**Benefits**:
- Provident Fund
**Speak with the employer**
+91 9110621558
-
Associate Level 1
5 days ago
Bengaluru, Karnataka, India BNP Paribas Full timeAbout 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...
-
Bengaluru, India Teamware solutions Pvt. ltd. Full timeHi, All **Location: Bangalore** **Experience: 2+ yrs** **Notice Period: Immediate-15 days** **Skills: Corporate Action, Investment Banking** **JOB DESCRIPTION**: Primary responsibilities of the team includes: - Monitoring Corporate Actions in all reliefs and identification of eligible global positions - Follow-up of events’ announcements, forecast...
-
Bengaluru, India BNP Paribas Full timeASSOCIATE LEVEL 1/SENIOR ASSOCIATE: EE CONTROLS & INVESTIGATION (JOB NUMBER: GLO005827) **Controls and Investigation** **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...
-
Associate - Cash Pb Settlements
2 weeks ago
Bengaluru, India BNP Paribas Full timeASSOCIATE - CASH PB SETTLEMENTS (JOB NUMBER: OPE002093) **CASH PB Settlement** **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...
-
Bengaluru, India BNP Paribas Full time**Controls and Investigation** 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...
-
Associate Global Badging Operator
2 weeks ago
Bengaluru, Karnataka, India Boeing Full time ₹ 9,00,000 - ₹ 12,00,000 per yearAssociate Global Badging OperatorCompany:Boeing India Private LimitedOverviewAs a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance...
-
Associate Level 1: Ee Controls
2 weeks ago
Bengaluru, India BNP Paribas Full time**Controls and Investigation** 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...
-
Associate Level 1: Ee Controls
2 weeks ago
Bengaluru, India BNP Paribas Full timeASSOCIATE LEVEL 1: EE CONTROLS & INVESTIGATION (JOB NUMBER: GLO005424) **Controls and Investigation** **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...
-
Senior Associate – COCE Trade Processing
3 weeks ago
Bengaluru, Karnataka, India Teamware Solutions Full timeJob Title: Senior Associate – COCE Trade Processing & Support Location: Bangalore Experience: Minimum 5 years Position Purpose As a Senior Associate, you will be responsible for monitoring and managing Corporate Actions across global positions. The role ensures efficient scrubbing, timely notifications, accurate bookings, smooth election processes,...
-
Associate Level 1
2 weeks 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...
