BNP Paribas
Website:
bnpp.lk
Job details:
Job Title: Associate
Department: Data Administration
About Business line/Function: IFSO
Position Purpose
The position will be responsible to setting up security details in accounting platforms or pricing securities via pricing tool to support the Fund Administration team to calculate the NAVs for Funds or process corporate action based on vendor inputs. Manage the work effectively with team members to accomplish common goals. Generate creative solutions to problems, Ability to plan work ahead and to prioritize workload in an organized manner.
Responsibilities
Direct Responsibilities
Pricing
This team updates the prevailing prices of the securities to enable the fund accountants to ascertain the market value of the securities as a part of fund valuation (NAV/ GAV)
Pricing activity is carried out on different applications for clients across APAC, UK and EMEA regions.
Asset Creation
This team is responsible to setup the reference data of various instruments in the respective accounting platforms. Multiple regions such as APAC, EMEA and UK are supported.
Corporate Action
This team is responsible to process Dividend and Corporate Action events based on inputs received from multiple vendor sources to enable Fund Accounting teams to record the income / events in portfolios valuated.
Data Management
The team is responsible for Index, BM and Fund set-up in B-One and Cispeo and also monitor fund and indices acquisition from vendors to ensure that the NAV and Index values are delivered to IADS as per the agreed SLA. Perform L1, L2 and L3 services to the IADS clients.
Contributing Responsibilities
- Participate in Brainstorming sessions and share the best practices / ideas with the peer groups and team members.
- Constantly update and review procedures to keep up to date.
- Participate in ad-hoc projects and new initiatives.
- Performing a range of daily, weekly, monthly reporting / controls to ensure completeness of processing and that any inappropriate postings, matching etc. is identified and resolved promptly.
Client Focus
Complete commitment to provide professional and prompt responses to meet clients’ requirement.
Communication
Oral
Express ideas effectively in individual and group situations. Adapting communication style to match the needs of the audience.
Written
Express ideas clearly in all written documents. Use professional, appropriate language always, and adhering to the BNPP e-mail protocols.
Teamwork
Work effectively with team members to accomplish goals, exhibit high-level of respect to colleagues, display integrity in dealing with team members.
Continuous Improvement and Adaptation
Be innovative, embrace changes, and simplify the comprehensive areas without compromising on quality or timeline. Adapt continuous improvement as a culture
Technical & Behavioral Competencies
- Proficient in Microsoft Office Applications especially proficiency required on MS Excel.
- Capital Market / Investment Banking (Basics).
- In-depth understanding on the system / vendor (BBG / FACTSET/ Reuters, etc…) functionalities.
- Create a collaborative workplace, maintain morality of the team and be a team player.
- Strong analytical skills, high-level of accuracy, client service mindset, solid organizational and interpersonal skills.
- Capacity to deal with high volumes of activity
Specific Qualifications
- Graduates / Postgraduates (BBA / B. Com / M. Com / MBA).
- Candidates should be willing and flexible to work in any shifts.
- Certification on Investment Banking / Capital Market will be an add on advantage.
Technical Skills
Skills Referential (Required knowledge, skills and abilities)
- Analytical Ability
- Ability to manage a project
- Ability to develop and adapt a process
- Capital markets/ Investment Banking
Behavioral Skills
- Ability to collaborate / Teamwork
- Attention to detail / rigor
- Ability to deliver / Results driven
- Client focused
Education Level: Bachelor or Equivalent
Location: Chennai/ 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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