Position Purpose

BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks, and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centered on corporate and institutional clients. The Group helps all its clients (retail, associations, businesses, SMEs, large corporate and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.

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 his clients. These funds & mandates are managed by Portfolio Managers, who are based in the different locations across the globe.

BNP Paribas Global Securities Operations is a wholly owned subsidiary of BNP Paribas Securities Services. Situated in Chennai and Mumbai, it supports provides 24X7 support for all Securities Services Operations across locations and caters to institutional clients. GSO is one of the three International Operating Centers catering to all businesses of Securities Services. Counting close to 2000 employees, GSO drives change within Securities Services and delivers a full range of timely and accurate operational processes for our clients.

GSO Investment Operations is responsible for handling and monitoring all services, in order that the Portfolio Managers can manage daily their portfolios.

The role of Reconciliations within operations, is essential to ensure that all information in our position keeping tools is accurate and in line with service providers and client expectations. As a Reconciliation administrator, you will be responsible to provide to client’s precise data by identifying any potential discrepancies in cash and positions and investigating accordingly. Contribute to a continuous improvement of processes.

Responsibilities

Direct Responsibilities

Cash reconciliation

• Perform daily cash reconciliation between bank statements received from custodians and various clearing agents versus our position keeping tool and perform the cash publish activity with the stipulated time. Liaise with portfolio managers, service providers and various teams within Ops to maintain the accuracy as per the specification in our position keeping tool. Update internal reports and monitor outstanding breaks in cooperation with custodians, accountants, clearers and teams within investment Ops.

Securities reconciliation

• Perform daily position reconciliation between bank statements received from custodians and various clearing agents versus our position keeping tool.

• Check all cash and positions linked to futures and options between our position keeping tool and all clearers.

Reporting

• In line with client requests, compile and prepare reports at various frequencies throughout the month. Provide a monthly validation for reporting via the ‘green light’ process confirming all data on our accounts are accurate

Technical & Behavioral Competencies

• Strong analytical skills, detail orientation, service commitment, solid organizational and interpersonal skills.

• Thorough understanding of all Capital market, Financial Instruments, Investment baking processes and above average accounting skills

• Ability to work independently, as well as in a team environment, prioritizes multiple tasks and meets strict deadlines

• Proficient in Microsoft Office Applications and strong MS Excel skills required

• Good verbal and written communication

• Graduates (Finance preferred)

· Candidates should be willing and flexible to work in any shifts