We are looking to hire a confident Senior Associate to join our exceptional team at BNP Paribas in Chennai.
Growing your career as a Full Time Senior Associate is an incredible opportunity to develop competitive skills.
If you are strong in cooperation, people management and have the right personality for the job, then apply for the position of Senior Associate at BNP Paribas today!
Job Description – APAC
Job Title:
Associate Level I
Date:
15th Nov 2021
Department:
MFS – Principal Lending
Location:
GSO, Chennai
Business Line / Function:
Market and Financing Services
Reports to:
(Direct)
Manager - Principal Lending Settlements – GSO Chennai
Grade:
(if applicable)
(Functional)
Number of Direct Reports:
4
Directorship / Registration:
Position Purpose
Provide a brief description of the overall purpose of the position, why this position exists and how it will contribute in achieving the team’s goal.
- Assistant Manager will be responsible for taking care of Settlements and Collateral Management activities carried out in the Principal lending APAC region. Will be responsible for interacting with Line Managers, other internal departments of BNP Paribas Group, External counterparties and needs to provide high quality of service to the internal/external clients.
- Assistant Manager will be managing the daily operations & workflow within the business group and helps the team in achieving the process deliverables with the help of the designated team.
- Robust hands on experience of Settlement, Collateral management functions related to securities lending business is important. He/She should have hands on experience in understanding systems and processes and would be able to handle critical queries and escalations.
Responsibilities
- Understand/get trained in each function you manage in the processes and be a single point of contact (SPOC) for APAC team.
- Liaising closely and provide an exceptional level of service to the Front Office and Clients.
- Keep up and manage every operational aspects linked to the activity of Principal Lending. (Loan & Collaterals) and maintain quality relationship with respective custodians, external stakeholders like counterparties and also with our traders.
- Check the exposures on client funds during the day and manage daily call margins with brokers and with triparty agents
- Monitor all the trades booked by Front Desk & collateral trades are settled in time in adherence to the settlement cycle.
- Resolve breaks in the reconciliation in collaboration with reconciliation team.
- Ensure Client & management reporting is made within deadline and without any errors or delay and should be able to see tasks through to completion with a sense of accountability.
- Perform control tasks required for the process, double check and confirm the completion of tasks within the deadline in line with daily checklists.
- Procedures and checklists must be updated/ prepared with immediate effect to be in-line with delivery standards and SLA
- Assist your team on exceptions and handle all important queries in an efficient manner and maintain a good rapport with the counterparties and Clients.
- Monitor and access the performance of the team members, manage the training programmes and identify & fix the gap in the skill matrix.
- Represents and be an active participant on all team leader’s meetings and ensure all issues are addressed to the line manager
- Anticipate issues that may adversely affect Operations and propose possible solutions
- Constantly improve business knowledge through training and multi-skilling and ensure team members are cross-trained across various functions in the team.
- Identify areas for change and ensure implementation and looks for ways to improve services and processes.
- Assist your manager with any ad hoc queries/tasks and projects.
- Co-ordinate on all Audit related activities related to your team and ensure results are "General Satisfactory"
Technical & Behavioral Competencies
- Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines.
- Ability to work in a team environment in coordination with the colleagues and the mangers.
- Proficient in Microsoft Office Applications and strong MS Excel skills required.
- Work Experience in Intellimatch will be preferable
Specific Qualifications (if required)
Skills Referential
Behavioural Skills : (Please select up to 4 skills)
Ability to collaborate / Teamwork
Creativity & Innovation / Problem solving
Communication skills - oral & written
Client focused
Transversal Skills: (Please select up to 5 skills)
Ability to develop others & improve their skills
Ability to develop and leverage networks
Ability to develop and adapt a process
Choose an item.
Choose an item.
Education Level:
Bachelor Degree or equivalent
Experience Level
At least 5 years
Other/Specific Qualifications (if required)
Benefits of working as a Senior Associate in Chennai:
● Company offers great benefits
● Opportunities to grow
● Advantageous package
📌 Senior Associate - with Great Benefits (Chennai)
🏢 Leading
📍 Chennai
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