Job Description
ASSOCIATE LEVEL 1/SA CORPORATE ACTION EMEA (JOB NUMBER: GLO006121)
About BNP Paribas Group:
BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 1++ 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centered on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporate and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.
About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 6000 employees, to provide support and develop best-in-class solutions.
About Business line/Function:
Global Markets Operations Corporate Actions, Incomes and Taxes Department is part of the transversal functions within ITO and is acting as a central interlocutor regarding Corporate Actions, both for Fixed Income and EQD Solutions.
EQD is a dedicated Business Line for Equity Derivatives and Financing Solutions within BNP PARIBAS Group and a major player within CIB.
Fixed Income is specialized in G10et Credit repo financing transactions on debts and bonds assets.
Within Global Markets Operations pole, the Corporate Actions Department is specialized in the analysis and the management of the corporate events affecting listed assets (mainly securities products).
It is in charge of the notification and the coordination for the EQD and Fixed Income industries of any impact of these events during the overall lifecycle. In this way, the Department is providing its services for any impacted trade involving Trading, Clients and/or Counterparties.
Job Title:
Associate Level 1 / SA
Date:
02/11/2021
Department:
Global Markets Operations - Corporate Actions
Location:
Bangalore
Business Line / Function:
Corporate Actions
Reports to:
Manager
(Direct)
Grade:
NA
(Functional)
(if applicable)
Number of Direct Reports:
NA
Directorship / Registration:
NA
Position Purpose
Follow up the CA, dividends and manages their instructions & settlements processes to ensure a smooth operation.
CA & Dividend related Instructions
Manage instruction and settlement process for corporate events and dividends.
Perform dividends or corporate action related reconciliations between systems.
SLAB CA & Dividend Management
Manage corporate actions and dividends processes for the Lending and Borrowing activity
Projects and Process & control efficiency
Responsibilities
Direct Responsibilities
Perform settlement for listed Derivatives both Financial and Commodity derivatives and handle funding for the Clearer accounts
Perform trade / position reconciliation duties among different front and back office systems
Perform immediate investigation on irregular items such as position breaks / cash breaks or system problems
Escalate to managers of any control incident that may cost a loss to the bank
Ensure compliance with internal control procedures and policies under the supervision of immediate supervisor
Conduct system enhancement testing or involve in new system implementation project if required
Streamline the operational procedures, enhance work efficiency and minimize operational risk
Provide support to other team members if required
Contributing Responsibilities
Escalation & Reporting process: Internal rules of reporting and escalation to Ops and FO need to be known & applied.
Strong Client Focus: Capacity to work with various clients, especially FO. Need to be sensitive about the rationale of their requests and be proactive when replying to them. Work as partnership while consistently keeping an independent mindset.
Adaptability & Change Management: Ability to easily adapt to new situations (new booking systems, new products, new activities to manag) as this is a constant changing environment
Conducting Team Meeting & Bi-Monthly 1 on 1 with team members
Ensuring EOD control are thoroughly performed & queues are clear with no outstanding
Providing EOD update to management on all the activities within process.
Technical & Behavioral Competencies
Relevant product knowledge
Microsoft skills (Macro, Excel, Powerpoint & Word ) would be a major plus
Specific Qualifications
Preferred a Bachelor on accounting, Mathematics or Finance.
Skills Referential
Behavioural Skills:
Ability to collaborate / Teamwork
Attention to detail / rigor
Critical thinking
Resilience
Transversal Skills:
Ability to understand, explain and support change
Ability to anticipate business / strategic evolution
Analytical Ability
Education Level:
Bachelor Degree or equivalent
Experience Level
At least 5 years
Other/Specific Qualifications (if required)
NA
Primary Location
: IN-KA-Bangalore
Job Type
: Standard / Permanent
Job
: OPERATION PROCESSING
Education Level : Bachelor Degree or equivalent (>= 3 years)
Experience Level : Beginner
Schedule
: Full-time
About BNP Paribas Group:
BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 1++ 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centered on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporate and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.
About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 6000 employees, to provide support and develop best-in-class solutions.
About Business line/Function:
Global Markets Operations Corporate Actions, Incomes and Taxes Department is part of the transversal functions within ITO and is acting as a central interlocutor regarding Corporate Actions, both for Fixed Income and EQD Solutions.
EQD is a dedicated Business Line for Equity Derivatives and Financing Solutions within BNP PARIBAS Group and a major player within CIB.
Fixed Income is specialized in G10et Credit repo financing transactions on debts and bonds assets.
Within Global Markets Operations pole, the Corporate Actions Department is specialized in the analysis and the management of the corporate events affecting listed assets (mainly securities products).
It is in charge of the notification and the coordination for the EQD and Fixed Income industries of any impact of these events during the overall lifecycle. In this way, the Department is providing its services for any impacted trade involving Trading, Clients and/or Counterparties.
Job Title:
Associate Level 1 / SA
Date:
02/11/2021
Department:
Global Markets Operations - Corporate Actions
Location:
Bangalore
Business Line / Function:
Corporate Actions
Reports to:
Manager
(Direct)
Grade:
NA
(Functional)
(if applicable)
Number of Direct Reports:
NA
Directorship / Registration:
NA
Position Purpose
Follow up the CA, dividends and manages their instructions & settlements processes to ensure a smooth operation.
CA & Dividend related Instructions
Manage instruction and settlement process for corporate events and dividends.
Perform dividends or corporate action related reconciliations between systems.
SLAB CA & Dividend Management
Manage corporate actions and dividends processes for the Lending and Borrowing activity
Projects and Process & control efficiency
Responsibilities
Direct Responsibilities
Perform settlement for listed Derivatives both Financial and Commodity derivatives and handle funding for the Clearer accounts
Perform trade / position reconciliation duties among different front and back office systems
Perform immediate investigation on irregular items such as position breaks / cash breaks or system problems
Escalate to managers of any control incident that may cost a loss to the bank
Ensure compliance with internal control procedures and policies under the supervision of immediate supervisor
Conduct system enhancement testing or involve in new system implementation project if required
Streamline the operational procedures, enhance work efficiency and minimize operational risk
Provide support to other team members if required
Contributing Responsibilities
Escalation & Reporting process: Internal rules of reporting and escalation to Ops and FO need to be known & applied.
Strong Client Focus: Capacity to work with various clients, especially FO. Need to be sensitive about the rationale of their requests and be proactive when replying to them. Work as partnership while consistently keeping an independent mindset.
Adaptability & Change Management: Ability to easily adapt to new situations (new booking systems, new products, new activities to manag) as this is a constant changing environment
Conducting Team Meeting & Bi-Monthly 1 on 1 with team members
Ensuring EOD control are thoroughly performed & queues are clear with no outstanding
Providing EOD update to management on all the activities within process.
Technical & Behavioral Competencies
Relevant product knowledge
Microsoft skills (Macro, Excel, Powerpoint & Word ) would be a major plus
Specific Qualifications
Preferred a Bachelor on accounting, Mathematics or Finance.
Skills Referential
Behavioural Skills:
Ability to collaborate / Teamwork
Attention to detail / rigor
Critical thinking
Resilience
Transversal Skills:
Ability to understand, explain and support change
Ability to anticipate business / strategic evolution
Analytical Ability
Education Level:
Bachelor Degree or equivalent
Experience Level
At least 5 years
Other/Specific Qualifications (if required)
NA
Primary Location
: IN-KA-Bangalore
Job Type
: Standard / Permanent
Job
: OPERATION PROCESSING
Education Level : Bachelor Degree or equivalent (>= 3 years)
Experience Level : Beginner
Schedule
: Full-time
💡 Quick Summary
Seeking a career-building opportunity? The Associate Level 1|SA Corporate Action EMEA position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
