Job Title:
Associate

Department
: Fixed Income Settlements - AMER

About Business Line/Function
Global Market Securities Settlements team ensures that Security transactions (Bonds, Equities, Complex Securities, ETF, SLAB, PNS )and positions registered in the books under CIB ITO’s mandate, match the commitment actually taken with counterparties within a secure setup, in accordance with Group and Regulatory Policies and/or contractual agreements.

Perform all daily settlement tasks. This includes, but is not limited to settlement of Fixed Income transactions settling through DTC and Euroclear, mark to markets, contract compare, end of day balancing and reconciliations

Position Purpose
Primary responsibilities of the team includes:
- Ensure timely settlement of DTCC transactions
- Ensure timely settlement of Euroclear transactions Daily monitoring and resolution of Loanet contract compare breaks
- Process Loanet same day trade closeouts
- Monitor / resolve breaks, dks, and nostro rec items
- Settlement / resolution of DTC coupon & redemption items




- Mitigation of operational and reputational risk by escalating in a timely and productive manner
- Liaising with clients, brokers / counterparties and other internal support functions for smooth settlement of trades

Responsibilities
Key Responsibilities:
- Responsible for the FI settlement , on a timely and cost effective basis by:
- Ensuring all trades are instructed, matched & settled on a timely basis
- Monitoring of failing trades
- Reducing fails and/or potential fails by means of pairing off or partialing down deliveries
- Minimizing fails by means of partial deliveries where possible
- Pre-matching trades in a daily basis
- Cash Management related with funding trades
- Responsible for solving Nostro and Depot reconciliation breaks on a timely basis:
- By investigating and, where possible, clearing all nostro breaks in reported by Securities Control teams
- By investigating and, where possible, rectifying all depot b

📌 Associate - Fixed Income Settlements- US Shift (Bengaluru)
🏢 BNP Paribas
📍 Bengaluru