Job Title: Associate

Department: Business Services Operations (BSO) – Global Custody Corporate Actions & Income

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

Position Purpose: Global Custody team 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‑check received information with other data sources.
Contact local sub‑custodians to clarify and resolve any open issues.
Analyze corporate events to anticipate reporting or processing challenges.
Set up CA events in the Custody system.
Collect and relay ongoing updates related to corporate events.
Reconcile securities with sub‑custodian client positions at each event stage.




Verify eligible account positions with the local sub‑custodian.
Ensure all eligible positions are instructed by the response deadline (voluntary events only).
Consolidate client instructions for voluntary events.
Advise the local market by sending participation instructions to the sub‑custodian (voluntary events only).
Confirm that participation instructions are acknowledged by the sub‑custodian.
Track event payment dates and advise clients accordingly.
Process event payments into client accounts after cash and/or securities are recovered from the sub‑custodian.
Execute foreign‑exchange orders according to client setups.
Perform manual cash or securities adjustments needed to finalize the recovery process.
Justify any cash or securities breaks to Control Teams.
Participate in brainstorming sessions and share best practices with peers and team members.
Continuously evaluate and update documented procedures to keep them complete, accurate

📌 Associate - Global Custody Corporate Actions & Income (Chennai)
🏢 BNP Paribas
📍 Chennai