Global & Local Custody Transversal Associate - Associate
Job details
Job description, work day and responsibilities
BUSINESS AREA
Securities Services is a leading global custodian and securities services specialist that provides multi-asset post-trade and asset servicing solutions for buy and sell-side market participants, corporates and issuers.
The Banking Services and Operations (BSO) Department delivers services in three areas:
Local Custody, which provides Clearing, Settlement, Cash, Corporate Actions, Income, Tax services for UK and international clients. These are mainly Institutional Investors (Asset owners, Asset Managers…), Financial intermediaries (Broker Dealers, Global custodians…), and other BNP Paribas branches.
Global Custody, which provides the same range of services to Institutional investors and asset managers who open a Global Custody account in UK to hold assets in over 90 countries.
Broker Dealer Outsourcing, which provides Back-office outsourcing services of Settlement, Financial accounting and Transaction reporting for Mid-size Brokers
JOB PURPOSE
The Global and Local Custody UK Associate is responsible for the direct support and contact with clients and internal teams in relation to Global and Local Custody UK activity on all markets ensuring that queries and issues are responded to in a timely and appropriate fashion along with completing all aspects of the daily BAU as contained in the daily checklists.
They are responsible for daily BAU covering and resolving topics/tasks in relation to Corporate Actions, Income, Custody Reconciliations.
This may include (but not limited to) tasks involving the following: Creating MMI Securities (on an ad-hoc basis), the processing of interest and redemption payments, Reporting & processing in relation to blocked and sanctions securities, Transversal custody activity including reporting, query management and tasks relating to processing of physical securities. The scope may be extended/adjusted subject to any segregation of duties requirements with BSO.
They provide direct support to clients including operational, market and processing knowledge. The Associate ensures that clients’ questions and issues are responded to in a timely and appropriate fashion.
They will also ensure that any client and non-client facing tasks are performed in an accurate and timely manner. They are to ensure the adherence to all processes and procedures.
KEY RESPONSIBILITIES
Client Service Delivery and Controls
To ensure a high quality client service is delivered to all clients
Ensure the service level provided by the team adheres to the Client Service Delivery agreements
Ensure adherence to core standard operating models
Build strong, professional relationships with clients and be an ambassador for BNP Paribas
Develop internal stakeholder relationships with the wider team as well as general business support
Support external counterparty relationships, providing feedback for performance reviews e.g. brokers and custodians
Continuous Improvement & New Business
Proactive generation of ideas for improvements to systems and processes in support of client requirements and BNP Paribas Securities Service strategic objectives.
Support the development and implementation of such improvements
Involvement in the design and implementation of resilient processes and systems to support new/changes to business products including mandatory changes to market/governance and regulations
Innovate & continually challenge status quo within the governance and framework of our change program
Be a subject matter expert in your team, striving to expand on build on knowledge on a continuous basis
Company address
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Offer ID: #1246475,
Published: 3 hours ago,
Company registered: 1 month ago
