Associate - Graduate Hiring (Karunya)

Job Description

*Job Title:AssociateLocation:Chennai The bank for a changing world With strong roots anchored in Europe s banking history dating back to 1848, BNP Paribas supports its clients and employees in today s changing world and has positioned itself as a leading bank in the Eurozone and a prominent international banking institution. The Group serves nearly 32 million individual customers and 1 million professionals, entrepreneurs, small and medium-sized enterprises and large corporate clients in its retail-banking networks. With over 189,000 employees representing 150 nationalities across 75 countries, BNP Paribas is one of the world s largest banks, ranking highly in both Retail Banking Services and Corporate and Institutional Banking. The Group has had a presence in India for over 150 years having established its first branch in Kolkata, in 1860. With this unparalleled experience of the Indian market, it is among the leading corporate banks in the country. A leading global custodian and securities services provider BNP Paribas Securities Services, a wholly owned subsidiary of the BNP Paribas Group, is a leading global custodian and securities services provider, backed by the strength of a universal banking group. Our mission is to protect and secure assets for all actors of the investment cycle: buy-side, sell-side and issuers. A part of the Corporate and Institutional Banking business of the Group, it has USD 8,770 billion assets under custody, USD 2,074 billion assets under administration and administers over 10,000 funds. BNP Paribas Securities Services has a unique multi-local model, servicing both the buy-side (the institutional investors and the fund managers) and sell-side (the broker-dealers community and the banks) providing a global coverage of over 100 markets through 9,500 employees worldwide across 34 countries. About BNP Paribas in Asia Pacific ( www.apac.bnpparibas ) In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 15,000 employees* and a presence in 14 markets, BNP Paribas provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships. Worldwide, BNP Paribas has a presence in 74 countries with more than 190,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. Asia Pacific is a key strategic region for BNP Paribas and it continues to develop its franchise in the region. BNP Paribas offers you an exciting career opportunity in an international, challenging business environment characterized by high pace and diversity with focus on creating valuable relations with our customers. We offer a competitive salary & benefits package and an excellent work environment where you are valued as part of our team Global Securities Operations One of the three international operations centers, BNP Paribas Global Securities Operations (GSO) provides services to global clients in the Asian region and some follow-the-sun activities for European clients. Wholly owned by BNP Paribas Securities Services, the GSO center offers a wide range of services, which include custody operations, fund accounting, middle-office operations, static data management, clearing and settlement operations, and other transversal services.Position PurposeThe Process Associates You will be responsible for serving numerous Institutional Clients and their Portfolio s in the areas of Asset Management, Asset Servicing, Performance calculation, Trade processing related activities pertaining to different markets across the globe. The Process Associate is responsible for interacting with Line Managers and the clients of BNP Paribas Group and needs to provide high quality of service to the internal/external clients to meet the expected service standards. The Process Associate will be managing the daily operations/workflow within the business group and helps the Assistant Manager in achieving the process deliverables. Solid technical understanding of the business is expected, including strong knowledge of accounting, custody services, Trade Processing. Demonstrated commitment to continuous process improvement is required. You will be responsible for serving numerous Institutional Clients Responsibilities Direct Responsibilities o Processing of transactions within the agreed timelineso Ensure all the transactions are completed and approved in the system within the TATo Ensure all the transactions are processed with at most care without errors/mistakeso Prioritize the work and conduct investigation with due diligence on all the discrepancieso Taking corrective measures/action in consultation with the Assistant Manager/Senior Associateo Escalate unresolved open items to the Assistant Manager/Senior Associateo Maintain Communication Channels with internal peer groupso Participate in Cross Training and ensure the Knowledge transfer between the team and processes is happening on periodic basiso Participate in Brain Storming Sessions and share the best practices and ideas with the peer groups and team memberso Consistently evaluate and update documented procedures to ensure they are complete, accurate and currento The position interfaces with other Process Associates, Mid Office Staff, Relationship Managers and Clientso The position interfaces with International Team Members of BNP Group and its Clients or Vendors or Sub-Custodians Technical & Behavioral Competencies Thorough understanding of all Capital market, Financial Instruments, Investment baking processes and above average accounting skills o Good verbal and written communicationo Strong analytical skills, detail orientationo Client focuso Solid organizational skillso Interpersonal skillso Ability to work as part of a teamo Prioritizes multiple taskso Meets deadlineso Proficient in Microsoft Office Applications and strong MS Excel skills required. Specific Qualifications (if required)o Degree B.Com / M.Com / MBA / PGDM (Specialization in Commerce or Finance)o Candidates with minimum aggregate score of 60% & above with no current backlogso Should be open to work in Investment Banking Operations domains & should be flexible to work in any of below shifts (both regular / rotational)i. Sydney shift : 4.00 am loginii. Singapore shift : 6.00 am login iii. UK shift : 11.30 am loginiv. New Zealand shift : 4.00 pm logino Work experience Fresher or less than 12 months of relevant work experience Skills Referential Behavioural Skills: Ability to collaborate / Teamwork Communication skills - oral & written Client focused Creativity & Innovation / Problem solving Transversal Skills: Analytical Ability Ability to understand, explain and support change Education Level: Master Degree or equivalent Experience Level Beginner Other/Specific Qualifications (if required) ,

Keyskills :
quality of servicedue diligencecapital marketinvestment banking operationscontinuous process improvementretail bankingstatic data