Job Title: Assistant Manager - Cash Equity Settlements

Date

2024

Department

Global Markets Operations - Securities settlements

Location: Bengaluru

Business Line / Function: Electronic Execution – Security settlements

Reports To

(Direct)

NA

Grade

(if applicable)

NA

(Functional)

Number Of Direct Reports

NA

Directorship / Registration

NA

About Business Line/Function

Global Market Securities Settlements team ensures that Security transactions (Bonds, Equities, Complex Securities, ETF, SLAB, Repo..) 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.

Within the Securities Settlement Department, the main processes include pre & post settlement activities, clearing, and event-related accounting for securities deemed in scope.

Position Purpose

Primary Responsibilities Of The Team Include

Settlement of Security transactions and associated products in a timely and cost effective manner




Timely resolution of nostro and depot breaks while working collectively with the team
Working with the team to try & mitigate of operational and reputational risk by escalating in a timely and effective manner
Liaising with clients, brokers / counterparties and other internal support functions for smooth settlement of trades
Contribute and Lead Transitions
Contribute and Lead to develop & propose ideas for a better partnership with Business and On-shore
To deploy a Capacity Matrix covering the whole scope of processes within the perimeter
Propose / Contribute / Lead some Organizational Transformation Streams

Responsibilities

Key Responsibilities:

Responsible for the settlement of Security transactions & associated products booked in Calypso, 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

📌 Assistant Manager (Bengaluru)
🏢 BNP Paribas
📍 Bengaluru