Job Title: Analyst / Associate
Department
: Business Services Operations (BSO) – Custody - Corporate action and Income

About Business line/Function:
Global and Local Custody - Corporate Actions & Income

Position Purpose
Custody teams in BNP Paribas Securities Services are segregated into Corporate Actions, Income and Tax for operational efficiency and accuracy. Global Custody Corporate Actions & Income teams handle 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
Direct Responsibilities
- Cross-checking information received with other data sources
- Reverting to local sub-custodians to clarify/solve any open issue.
- Analyzing the corporate event to anticipate any reporting or processing issues.
- Setting up financial information into the Custody system
- Collecting and relay any update related to the corporate event on an on-going basis.




- Processing the securities reconciliation with sub-custodian’s client positions at the different steps of the event.
- Checking eligible positions of accounts within the local sub-custodian
- Checking that all eligible positions have been instructed at response deadline (for voluntary events only)
- Consolidating client instructions (for voluntary events only)
- Advising local market by sending instructions of participation to sub-custodian (for voluntary events only)
- Checking that instructions of participation have been duly acknowledged by sub-custodian.
- Tracking of the payment date of the event to advise clients accordingly
- Processing payment of the event on client’s account upon recovery of cash and/or securities from the local sub-custodian
- Processing foreign exchange orders according to client’s set up.
- Processing any manual adjustment related to cash or securities to finalize the recovery process
- Justifying any cash or securities b

📌 analyst- Custody (Chennai)
🏢 BNP Paribas
📍 Chennai