Assistant Manager

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
Global Custody team in BNP Paribas Securities Services are segregated into Corporate Actions, Income and Tax for operational efficiency and accuracy. Global Custody Corporate Actions & Income teams' handles sourcing event announcements, calculate client eligibility, generate entitlements, process client instructions for optional and voluntary events, collection of cash/stock entitlements and process them to clients.

Job Title
Assistant Manager

Date
Department:

BSO

Location:

Chennai

Business Line / Function
BSO/Global Custody Corporate Actions & Income

Reports To
(Direct)

Grade
(if applicable)

NA

(Functional)

Manager

Number Of Direct Reports
5-8 members

Directorship / Registration
Position Purpose

Global Custody team in BNP Paribas Securities Services are segregated into Corporate Actions, Income and Tax for operational efficiency and accuracy. Global Custody Corporate Actions & Income teams' handles sourcing event announcements, calculate client eligibility, generate entitlements, process client instructions for optional and voluntary events, collection of cash/stock entitlements and process them to clients.

Responsibilities
Oversee the processing of Corporate Actions, Dividend and Interest Payments.

Managing the Team and providing training to new Joiners

Monitoring of Suspense and Nostro Accounts and take appropriate actions to clear breaks.

Managing daily activities of the back-office for Corporate Action processing.

As part of "Pilote role", coordinate with other team leaders to globally monitor the processing in the Follow The Sun organization,

Responsible to assist staffs on the HR related issues

Responsible for the logistics issues management

Responsible for 2Strack creation, follow-up, escalation for incidents

Follow-up with the team for the closing of reconciliation breaks.

Acts to ensure procedures revision, adaptation and validation.

Participate to UAT of the back-office software for the Corporate Action processing

Ensure ownership of client instructions and provide reporting to clients for anticipated corporate action issues.

Participate in regular conference calls with European and Asian Counterparts.

Establishing communication links with Clients to discuss daily operational & performance issues.

To assist Head of Custody Operations in undertaking various administrative activities.

Other ad-hoc duties as may be required from time-to time

To be based in Chennai and prepared to travel as required.

Must be prepared to work in any shift supporting Asia/Americas/European business hours.

Technical & Behavioral Competencies

• Expert knowledge in handling corporate actions and income related events for various instrument types
• Expertise in Using Banking Software's & overall awareness of using MS Word, Excel, PowerPoint etc.
• Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.
• Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines.
• To be based in Chennai and prepared to travel as required.

Specific Qualifications (if Required)
Skills Referential
Behavioural Skills: (Please select up to 4 skills)

Creativity & Innovation / Problem solving

Decision Making

Communication skills - oral & written

Adaptability

Transversal Skills: (Please select up to 5 skills)

Ability to develop and adapt a process

Ability to inspire others & generate people's commitment

Ability to manage a project

Choose an item.

Choose an item.

Education Level
Master Degree or equivalent

Experience Level

At least 5 years