EMEA Settlements

2 days ago

Bengaluru, Karnataka, India BNP Paribas Full time ₹ 6,00,000 - ₹ 18,00,000 per year

Position Purpose

Primary responsibilities of the team includes:

Timely action with regards to input or releasing payments to minimize any risk or impact to clients accounts

Timely resolution of nostro breaks

Mitigation of operational and reputational risk by escalating issues in a timely and efficient manner

Liaising with clients and other internal support functions for resolving issues pertaining to wire transfers

Responsibilities

Key Responsibilities:

  • Responsible for ensuring wire transfers as per clients advice are processed in a timely manner by:
  • Ensuring payments are instructed and released from the system in a timely basis

  • Liaising with internal teams, agents and client representatives for payment related issues

  • Responsible for solving Nostro reconciliation breaks on a timely basis:

  • By investigating and, where possible, clearing all reported nostro breaks
  • By investigating and solving accounting breaks raised by Control & Accounting teams

  • Escalating items that represent operational risk to the direct Manager

  • Contribute to the minimizing 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 process:

  • By maintaining close relationships with client reps 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.
  • Process improvements and IT enhancements
  • Contribution to projects related to the efficiency of the processes and systems
  • Proposing new developments or improvements in the existing chain in order to secure the processes and reduce the operational risk

Technical & Behavioral 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
  • Strong knowledge of SWIFT payments such as MT202, MT 103, financial markets and products, and easiness/expertise in dealing with Excel.
  • English speaker

Specific Qualifications (if required)

Minimum of 2 years experience

Skills Referential

Behavioral Skills: (Please select up to 4 skills)

Ability to deliver / Results driven

Ability to collaborate / Teamwork

Communication skills - oral & written

Attention to detail / rigor

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

Ability to develop and adapt a process

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 2 years

  • Team Leader- Trade Settlements

    2 weeks ago

    Bengaluru, Karnataka, India Northern Trust Full time US$ 90,000 - US$ 1,20,000 per year

    About Northern Trust:Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring...

  • Trading Services

    2 weeks ago

    Bengaluru, Karnataka, India JPMorgan Chase Full time ₹ 5,00,000 - ₹ 10,00,000 per year

    Become a vital part of our Cash Pre-matching/Client Services team, where your expertise will ensure seamless trade settlements across global markets. Engage with diverse financial products, including cash equity and convertible bonds, while driving accuracy and compliance. Elevate your career by collaborating with global counterparts and contributing to...

  • Reconciliation Production Analyst

    1 week ago

    Bengaluru, Karnataka, India Rangam Infotech Full time

    Title Reconciliation Production AnalystLocation BangaloreNote Specific mandatory skills Mentioned in the attachment Course done in Investment Banking - Imarticus Experience range 0-1 Years Open to considering fresher candidates Yes No Yes Open to considering relocation non-local candidates Yes No No Contract duration 8 Months Shift...

  • Loan Documentation Specialist

    2 weeks ago

    Bengaluru, Karnataka, India beBeeDocumentation Full time ₹ 1,00,00,000 - ₹ 2,00,00,000

    Job OverviewThe EMEA Loan Documentation Team is based in London, supporting the Global Credit Business for all loans, claims, and private equity trades that require documentation. The team takes responsibility for trade closing through to settlement.Key Responsibilities:Self-manage a portfolio of cross desk trades across different product lines.Prepare,...

  • Analyst II, Agency and Trustee Services

    2 weeks ago

    Bengaluru, Karnataka, India Kroll Full time

    Job DescriptionThe EMEA Loan Documentation Team sits within Global Market Loan Operations and is based in London. The team primarily supports the Global Credit Business located in London and Hong Kong for all loans, claims and private equity trades that require documentation, taking responsibility for trade closing through to settlement. The Global Credit...

  • High Salary Senior Analyst

    3 weeks ago

    Bengaluru, Karnataka, India MUFG Full time

    About MUFG Global Service MGS MUFG Bank Ltd is Japan s premier bank with a global network spanning in more than 40 markets Outside of Japan the bank offers an extensive scope of commercial and investment banking products and services to businesses governments and individuals worldwide MUFG Bank s parent Mitsubishi UFJ Financial Group Inc MUFG ...

  • Strategic Risk Management Professional

    2 weeks ago

    Bengaluru, Karnataka, India beBeeRiskanalyst Full time ₹ 12,44,409 - ₹ 20,43,247

    Job OverviewWe are seeking a detail-oriented and motivated Risk Analyst to join our team in London.This role offers the opportunity to work across multiple asset classes and geographies, supporting risk functions and contributing to risk oversight across EMEA region.ResponsibilitiesPrepare daily credit and market risk reports.Produce risk analysis and inputs...

  • Strategic Risk Manager

    2 weeks ago

    Bengaluru, Karnataka, India beBeeOperational Full time ₹ 1,04,000 - ₹ 1,30,878

    Capital Markets Specialist Position SummaryJob Title: Senior Operational Risk SpecialistOverview:This role will focus on the lifecycle support for institutional trade flow, managing client account onboarding, cash payments, customer service, funding operations, custodial operations, securities settlement services, structured loan operations, general ledger...

  • Automation Center of Excellence

    2 weeks ago

    Bengaluru, Karnataka, India Cantor Fitzgerald Full time

    Job Advert: Risk AnalystDepartment: Risk ManagementLocation: London (covering UK, Europe, Middle East & Asia as required)BGC Partners is a leading global brokerage and financial technology company, providing innovative products and services across a wide range of financial markets. With a strong presence in all major financial centres, we deliver...

  • Administration-banking

    3 weeks ago

    Bengaluru, Karnataka, India MUFG Full time

    About MUFG Global Service MGS MUFG Bank Ltd is Japan s premier bank with a global network spanning in more than 40 markets Outside of Japan the bank offers an extensive scope of commercial and investment banking products and services to businesses governments and individuals worldwide MUFG Bank s parent Mitsubishi UFJ Financial Group Inc MUFG ...