Assistant Manager- Corporate Actions (Bengaluru)

Assistant Manager- Corporate Actions (Bengaluru)

08 Oct
|
BNP Paribas
|
Bengaluru

08 Oct

BNP Paribas

Bengaluru

Job Title: Assistant Manager

Department: Global Markets Operations - Corporate Actions

About Business line/Function: Corporate Actions

Position Purpose

Primary responsibilities of the team include:

• Monitoring Corporate Actions in all reliefs and identification of eligible global positions
• Follow-up of events’ announcements, forecast and deadlines leading to an efficient management regarding scrubbing, notifications and bookings in our general books and recording systems
• Managing the election process for voluntary events by interacting with other internal support functions, compiling aggregated instruction to be sent to agents/custodians and ensure valuable receipt.
• Strict follow-up of the expected proceeds/results at payment date, and follow-up controls in regards to theoretical bookings and forecast assumptions that may leave with breaks on internal or external reconciliations.
• Acting as a central point of contact for Corporate actions operations subject matters within BNP Paribas (across all functions) and outside (Custodians, Counterparties)

Responsibilities





Direct Responsibilities

• Assist in production (capture events, files setup, positions eligibility, reconciliation, payments, and bookings).
• Ensure the right fiscal model is applied along the different records and until finance, then provide evidence support in case inquiries from fiscal authorities in respect of withholding taxes applied on proceeds.
• Ensure controls are accurately applied in within Operations and regularly upgraded based on evolutions.
• Follow and resolve any outstanding items in a timely manner with relevant escalation procedure applicable and compliance duties.
• Ensure continuous improvement support in processes and system enhancements (IT, Operations, Product Developments).
• Supervise the team learning continuity and training programs.
• Coach day to day activity, through activity monitoring indicators and support in production priorities.
• Be the entry point for bus

📌 Assistant Manager- Corporate Actions (Bengaluru)
🏢 BNP Paribas
📍 Bengaluru

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