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: Associate will be responsible for performing daily tasks related to corporate action process carried out in the principal lending department. He/ She will work on the daily tasks, monitor the corporate action events, and process the election across counterparties for voluntary events and book trades for Mandatory events directly reports to the Team Manager of the Corporate action. The staff will be working closely with Paris management, Relationship management, Front office, and external Brokers /counterparties as part of their daily BAU.
Responsibilities
Direct Responsibilities
Keep up and manage every operational aspect linked to the activity of Principal lending. (Corporate action event processing / Stock booking / Reconciliation of stock and cash breaks)
Ensure to process daily events Voluntary/Choice/Mandatory. Monitor all the instruction passed for the events by counterparties and respond client enquiries on timely manner.
Understanding different types of CA and dividend events and trade life cycle.
Knowledge about US /EMEA/APAC markets and specifications to manage event deadlines and cut off.
Maintain quality relationship with every global custody operational team of each branch of BNP Paribas Securities Services, with external stakeholders like counterparties and with our trading desk.
Understanding the different types of SWIFTS messages and decode the corporate action event messages.
Job involves high degree of Daily communication and in
📌 Analyst- Corporate Action (Chennai)
🏢 BNP Paribas
📍 Chennai
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