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Associate Level 1 - MO - Treasury

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BNP Paribas

Jan 24

  • Job
    Full-time
    Junior & Mid Level
  • Business, Operations & Strategy
    Banking & Finance
  • Chennai

AI generated summary

  • You should have a B.Com/MBA, 0-4 years in investment banking, strong Excel and accounting skills, and be flexible for shifts across Asia, Americas, and Europe with strong analytical abilities.
  • You will process trade transactions, resolve queries, ensure timely settlements, monitor client positions, manage exceptions, and participate in controls and projects within the trade processing team.

Requirements

  • Graduates / Post Graduates (B.Com/MBA)
  • Candidates should be willing and flexible to work in any shifts
  • Associate Level 1: 0- 4 years of experience with Investment Banking background
  • Thorough understanding of all Capital market, Financial Instruments, Investment banking processes and above average accounting skills
  • Proficient in Microsoft Office Applications and strong MS Excel skills required
  • Strong analytical skills, detail orientation, service commitment, solid organizational and interpersonal skills
  • Capacity to deal with high volumes of activity
  • Must be prepared to work in any shift supporting Asia/Americas/European business hours

Responsibilities

  • ¡ Working as a member of the Trade Processing team that includes trade capture, Matching & settlement of Securities, FX and Money market instruments.
  • ¡ Process Global Security transactions on the Global trade processing platforms within given deadlines
  • ¡ Interact with both internal and external stake holders to resolve trade confirmation and settlement queries
  • ¡ Monitoring of transactions to confirm instructions from the client are processed in a timely and accurate manner thus ensuring timely settlement and accounting
  • ¡ Ensure that all trades are matched within market/client deadlines
  • ¡ Ensure client positions are correct and all transactions are processed
  • ¡ Query resolution in accordance with time frames set out in Client SLA’s
  • ¡ Work with the Custodians and brokers for timely matching and settlement.
  • ¡ Reporting of exceptions in line with internal control and external client requirements.
  • ¡ Resolve failed trade queries proactively.
  • ¡ Escalating exceptions and failed transaction to appropriate stake holders for early resolution.
  • ¡ Ensure all errors/break down of procedure are documented as per BNP Paribas policy
  • ¡ Extensive communication with Internal & External parties.
  • ¡ Investigating and resolving custodian exceptions for all 3 product classes.
  • ¡ Constantly update and review procedures to keep up to date with the change in process.
  • ¡ Participate in ad-hoc projects and new initiatives.
  • ¡ Performing a range of daily, weekly, monthly controls to ensure completeness of processing and that any inappropriate postings, matching etc. is identified and resolved promptly.
  • ¡ Participate in Brain Storming Sessions and share the best practices and ideas with the peer groups and team members.

FAQs

What is the job title for this position?

The job title is Associate Level 1 - MO - Treasury.

What qualifications are required for this position?

A Bachelor's or Master's degree (B.Com/MBA) is required.

How much experience is necessary for this role?

Applicants should have 0-4 years of experience, preferably with an investment banking background.

Are there any specific skills required for this job?

Candidates should have a thorough understanding of capital markets and financial instruments, above-average accounting skills, and strong analytical abilities. Proficiency in Microsoft Office Applications, particularly Excel, is also required.

Is flexibility in work hours expected?

Yes, candidates must be willing and flexible to work in any shifts supporting Asia, Americas, or European business hours.

What are the primary responsibilities of this role?

Primary responsibilities include trade capture, matching and settlement of securities, processing global security transactions, and resolving trade confirmation and settlement queries.

What type of environment does BNP Paribas promote?

BNP Paribas fosters a diverse and inclusive workplace where all employees are valued and respected.

Is extensive communication required in this role?

Yes, the role involves extensive communication with both internal and external stakeholders.

Will the Associate participate in any projects?

Yes, the Associate will participate in ad-hoc projects and new initiatives.

What tools or platforms will the Associate use?

The Associate will work with global trade processing platforms for transaction processing.

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BNP Paribas

The bank for a changing world

Finance
Industry
10,001+
Employees
1848
Founded Year

Mission & Purpose

more than 190,000 employees, including more than 145,000 in Europe. BNP Paribas holds leading positions in its three major operating divisions: ⚆ Commercial, Personal Banking & Services for all the Group’s retail banking networks and several specialised businesses, including BNP Paribas Personal Finance and Arval; ⚆ Investment & Protection Services for savings, investment and protection solutions; ⚆ Corporate & Institutional Banking, which is focused on corporate and institutional clients. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the European leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and Investment & Protection Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.