Job Title: Assistant Manager (AM) - Settlements & Collateral US

Department: Market and Financial Services

About Business line/Function: Market and Financing Services (MFS) business line provides a range of solutions to support the increasingly sophisticated requirements of institutional investors, alternative asset managers and financial intermediaries. These include Securities Lending (Agency and Principal), Foreign Exchange (On demand FX, Auto FX, Passive Currency Overlay), Triparty Service and a variety of Financing solutions.

Position Purpose: The Candidate will be responsible for taking care of the Back Office operations of Settlements and collateral function for US region. He / she will be responsible for performing daily tasks related to Settlements of trades, making payment, clearing accounting breaks immediately, etc. He/ She will be working closely with off-shore management, Account managers, internal and external stakeholders as part of their daily tasks with local reporting in Chennai. The staff will be working closely with all internal teams,



Paris and local management as part of their daily BAU. Candidate with positive functional understanding of the Security Lending business and with.

Responsibilities

Direct Responsibilities

Responsible for full back office operational functions of settlements and collateral operational processes for AMER region such as Settlements of trades, making payment, clearing accounting breaks immediately, ensuring doing root cause analysis of breaks as 1st level of control
Ensuring the exposures are maintained at agreed levels for all counterparties / clients and closely monitor the non-cover report of collateral management and ensure sensitive clients with high book values are given extra care.
Enable brain-storming sessions with manager and team to identify recurring issues that impact Client and their desired level of services

Contributing Responsibilities

Escalating exceptions to appropriate processing team for resolu

📌 Assistant Manager (India)
🏢 BNP Paribas
📍 India