Assistant Manager- Security Financing Operations

Department: Asset Management Operations

About Business line/Function: Asset Management – Security Financing Operations

Position Purpose

BNP Paribas Asset Management is part of BNP Paribas Group and is responsible for the process of managing and monitoring assets, on behalf of individual and corporate clients. BNPP AM offers funds and mandates towards its clients. These funds & mandates are managed by Portfolio Managers, who are based in different locations across the globe.

The mission of Asset Management Operations is to organize and perform, as a global service provider, the operations activities for portfolio management and the associated reporting in a regulatory compliant, risk controlled, qualitative and efficient way.

The role of the different Transaction Processing teams (Trade Support, Collateral & Derivatives Support and Security Financing Operations) within GO is essential to ensure that all transactions are correctly reflected in the position keeping tools, meaning they should be accurate and in line with service providers and client expectations.

The Securities Financing Operations Analyst is responsible for managing all middle office and administration activities for Securities Financing Lending & Repo products. The processor ensures that every transaction is captured, collateralised, settled, and reconciled accurately.

Direct Responsibilities

¡ Ability to proactively maintain a high-volume deadline based in the Securities Financing Operations environment and successfully meet the challenges of high-risk deadline driven functions

¡ Corporate Entitlements: Accurately manage all corporate entitlement action/events (voluntary and mandatory), from event capture to event closure (inclusive of reconciliation at a custody level) in a risk-controlled manner.

¡ Fee Billing Entitlement: Accurately manage all fee billing entitlement process including statement distribution reconciliation collection and payment in a risk-controlled manner.

¡ Communicate / escalate with trading desk, counterparties and third-party vendors and maintain and improve day to day relationships

¡ Recordkeeping and maintain internal and external records and reports, daily reconciliations and audit as required

¡ Report to line management, in a timely fashion and according to the rules specified in the local incident policy / procedure, issues arising from the business activities which (may) impact the company / clients / employees / third parties

¡ Take appropriate actions to mitigate / help mitigate the risks arising from the business activities placed under your responsibility

¡ KPI reporting – Internal and external

¡ Other Trade Administration duties assigned - Shared responsibility within the team pre and post trade processes for Securities Financing activity. This may include the following but not exclusively; Trade instructions, SSI’s, Call back’s, trade investigations resolving trades issues, using internal and external systems and reporting

Technical & Behavioral Competencies

• Effective people and client communication
• Innovation and Initiative
• Flexibility & Adaptability
• Integrity, Trust and Fairness
  
  

Specific Qualifications

• Graduation / Post Graduation from any recognized University with Finance as Major.
• Trade confirmation and settlement experience within security financing and trade support with an extensive fixed income and equity knowledge base for global markets.
• Corporate Actions (mandatory / voluntary) experience
• Collateral Management experience
• Candidates should be willing and flexible to work in any shift.
  
  

Technical Skills

Skills Referential (Required knowledge, skills and abilities)

• Attention to Detail: Precise data entry and verification; low tolerance for errors.
• Technical Knowledge:
• Understanding of collateral types (cash, government bonds, OTC instruments, repos, letters of credit).
• Familiarity with collateral management platforms and trade lifecycle systems (BlackRock Aladdin, TriOptima).
• Familiarity with Corporate Actions’ events (voluntary and mandatory
• Familiarity with Trade Support processes and platforms
• Financial Markets: Understanding of the Trade Lifecycle as well as of financial markets, instruments, and products (e.g., stocks, bonds, derivatives, currencies).
• Analytical Ability: Strong numerical aptitude; ability to perform detailed reconciliations and variance analysis.
• Knowledge of Investment Banking and its Trade Life Cycle
• Exposure to basic Microsoft tools like Excel, PowerPoint, Word, Outlook.
  
  

Behavioral Skills

• Active Listening
• Adaptability
• Attention to detail
• Teamwork
• Time Management
  
  

Education Level: Graduation / Post Graduation from the recognized University

Location: Chennai

About BNP Paribas Group

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realize their projects through solutions spanning financing, investment, savings and insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability.

About BNP Paribas India Solutions

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank 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 10000 employees, to provide support and develop best-in-class solutions.

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind, and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, color, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

---