Associate WM OPS -Remittances

Job Title: Associate – WM OPS -Remittances

Department: WM-OPS

About Business Line/Function

Wealth Management Operations in ISPL started in 2018, provide back office services for BNP WM Singapore, Hong Kong and Taiwan. Processes include Security Custody Services, Remittances, Loans and Deposits and Security Masterfile.

Position Purpose

To involve in the transaction processing for Remittances of BNPP WM OPS WITH THE OBJECTIVE to facilitate smooth functioning of Operations Objectives of BNPPISPL for all the sites handled.

Responsibilities

Direct Responsibilities

• Operations MANAGEMENT: Process Remittances related transactions to ensure that they are accurate, as per the prescribed service delivery standards and as per the SLA with the sites.
• OPERATIONS RISK MANAGEMENT: Maintain control over outstanding and unreconciled entries. Implement control plans and pay attention to risk related areas in operations.
• COMPLIANCE: Ensure adherence to internal guidelines, compliance, legal and regulatory aspects.
• Anti Money Laundering / Financial Sanctions (“AML/FS”) related duties
  
  

Operations are an integral part of the control framework including for AML/FS topics. In that respect, in performing your role you are expected to ensure adherence to AML/FS-related Group Policies and execution of associated operational controls, and to promptly escalate any resulting hit for analysis and decision.

Contributing Responsibilities

• OPC: Contribute to the Operations Permanent Control framework
• CUSTOMER SERVICE: Monitor turnaround times, and operational efficiency.
• CLIENT RELATIONSHIP MANAGEMENT: Support MO to address ultimate client needs and resolve customer complaints if any.
• INFORMATION MANAGEMENT: Preparation of MIS and reports to management as required.
  
  

Technical & Behavioral Competencies

• Familiarity with Computer applications, MS Office, etc.
• Familiarity with Back Office Operations, Processes and systems.
• Knowledge on various regulations connected with Banking Operations.
• Operational Risk awareness
• Product Knowledge on Wealth Management
  
  

Specific Qualifications

Qualification: Bachelor Degree and /or Master Degree: B.Com. M.Com.

Swift payments PACS 008/MT 103 and investigation swift experience

MT 195/196/199

Technical Skills

Skills Referential (Required knowledge, skills and abilities)

• Familiarity with Computer applications, MS Office, etc.
• Familiarity with Back Office Operations, Processes and systems.
• Knowledge on various regulations connected with Banking Operations.
• Operational Risk awareness
• Product Knowledge on Wealth Management
  
  

Behavioral Skills

Ability to collaborate / Teamwork

Adaptability

Communication skills - oral & written

Education Level: Bachelor Degree or equivalent

Location: Mumbai

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, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection 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, colour, 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.

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