19 Aug
|
BNP Paribas
|
Tamil Nadu
19 Aug
BNP Paribas
Tamil Nadu
Job Title:
Assistant Manager (AM) - Reconciliation
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 Reconciliation function for across region. He / she will be responsible for performing daily tasks related to stock and cash recon, matching of breaks, working with multiple teams on clearing accounting breaks, 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 valuable functional understanding of the Security Lending business and Reconciliation function..
Responsibilities
Direct Responsibilities
- Responsible for full back office operational functions of Stock and cash reconciliation processes for across region (APAC/EMEA/AMER) such as Nostro, stock depot recon, accounting & journal posting and ensuring doing root cause analysis of breaks as 1st level of control
- Working with internal teams to ensure the breaks and accounting breaks are cleared as agreed SLA.
- Enable brain-storming sessions with manager and team to identify recurring issues that impact Client and their desired level of services
- Looking for opportunities to automate any manual reconciliation and also putting governance for all type of recon breaks.
Contributing Responsibilities
- Escalating exceptions to appropriate processing te
📌 Assistant Manager (Tamil Nadu)
🏢 BNP Paribas
📍 Tamil Nadu