Associate Jobs in Mumbai - BNP Paribas
Associate
BNP Paribas
0 to 3 Years
Not disclosed
Certificate Course (ITI), Diploma, M Phil / Ph.D, B.Com, M.Com, MA, BBA/BBM, BCA, BEd, BSc, MCA, MEd, MSc, PG Diploma, 12th Pass (HSE), Vocational Training, BFA, BSW
Expired
Posted: 23 Jan 21
Job Description
Job Title
Job Description – APAC
ASSOCIATE – RECONCILIATION OFFICER
Date
Department:
FUND ACCOUTING – RECONCILIATIONS
Location:
CHENNAI/MUMBAI
Business Line / Function
INVESTMENT AND FUND SERVICES OPERATIONS
Reports To
(Direct)
ASSISTANT MANAGER/ASSISTANT MANAGER LEAD
Grade
(if applicable)
NA
(Functional)
Number Of Direct Reports
NA
Directorship / Registration
NA
Position Purpose
This role is an entry-level position that requires little formal education with excellent communication skills. In this position, an associate performs the role of preparer and has to deliver the reconciliations done between bank/out of bank assets Vs ledger accounts and save necessary back-up for further assimilation to stakeholders. A associate will also contribute by bringing in the exuberance and fresh ideas to the table in this fast changing environment.
Responsibilities
Direct Responsibilities
Any graduate profile with excellent communication and analytical skills and basic knowledge on financial and capital markets.
Behavioural Skills
Skills Referential
Communication skills - oral & written
Ability to collaborate / Teamwork
Adaptability
Attention to detail / rigor
Transversal Skills
Ability to understand, explain and support change
Analytical Ability
Ability to develop and leverage networks
Ability to develop and adapt a process
Education Level
Bachelor Degree or equivalent
Experience Level
Beginner
Primary Location
IN-MH-Mumbai
Job Type
Standard / Permanent
Job
OPERATION PROCESSING
Education Level
Bachelor Degree or equivalent (>= 3 years)
Experience Level
Beginner
Schedule
Full-time
Job Description – APAC
ASSOCIATE – RECONCILIATION OFFICER
Date
Department:
FUND ACCOUTING – RECONCILIATIONS
Location:
CHENNAI/MUMBAI
Business Line / Function
INVESTMENT AND FUND SERVICES OPERATIONS
Reports To
(Direct)
ASSISTANT MANAGER/ASSISTANT MANAGER LEAD
Grade
(if applicable)
NA
(Functional)
Number Of Direct Reports
NA
Directorship / Registration
NA
Position Purpose
This role is an entry-level position that requires little formal education with excellent communication skills. In this position, an associate performs the role of preparer and has to deliver the reconciliations done between bank/out of bank assets Vs ledger accounts and save necessary back-up for further assimilation to stakeholders. A associate will also contribute by bringing in the exuberance and fresh ideas to the table in this fast changing environment.
Responsibilities
Direct Responsibilities
- Acquire complete understanding of the reconciliation process & its related functions with various parties involved. For example: Custody, TA, Pricing, FDS, NAV, Corporate Actions, Transactions processing etc.
- Strive to become a SME (Subject Matter Expert) of the process by acquiring complete knowledge of reconciliations processing across all funds & instruments types.
- Ensure all reconciliation breaks in cash, shares, securities and derivatives are identified, investigated, followed-up and commented (as per standard commentary format) for each NAV calculation.
- Ensure reconciliations are completed for each NAV calculation.
- Completeness of reconciliations includes:
- Tracking transaction sign-off in e-mail box.
- Tracking pricing sign-off in e-mail box. (specific for derivatives reconciliations).
- Identification of breaks.
- Saving relevant back-ups whenever there are breaks in funds.
- Closing of reconciliations on reconciliation tool (pControl/Intellimatch).
- Update time on tracker upon completion of processing of reconciliations (on time).
- Digital checks to be performed when reconciliation performed manually.
- Adhere to quality SLA of 99% & above while performing reconciliations.
- Adhere to timeliness SLA of 95% & above while performing reconciliations.
- There should be no comebacks from NAV teams on the reconciliations performed.
- There should be no incidents logged on reconciliations performed.
- Regular follow-up on aged breaks to be done diligently and should be highlighted to supervisor for further escalation in case break not cleared.
- Be proactive in resolving queries and escalate immediately to the supervisor on any issues/queries/escalations.
- Ensure to complete ad-hoc duties which may arise from time to time, mainly on month ends, year-ends and system down-time scenarios.
- Monitor the respective group mail box and respond efficiently to the queries.
- Required to plan leaves in advance as per GSO policies and keep a tab on unplanned leaves.
- Excellent verbal and written communication.
- Strong analytical skills, detail orientation, service commitment, solid organizational and interpersonal 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.
- Should be self-motivated and energetic.
Any graduate profile with excellent communication and analytical skills and basic knowledge on financial and capital markets.
Behavioural Skills
Skills Referential
Communication skills - oral & written
Ability to collaborate / Teamwork
Adaptability
Attention to detail / rigor
Transversal Skills
Ability to understand, explain and support change
Analytical Ability
Ability to develop and leverage networks
Ability to develop and adapt a process
Education Level
Bachelor Degree or equivalent
Experience Level
Beginner
Primary Location
IN-MH-Mumbai
Job Type
Standard / Permanent
Job
OPERATION PROCESSING
Education Level
Bachelor Degree or equivalent (>= 3 years)
Experience Level
Beginner
Schedule
Full-time
Job Particulars
Education Certificate Course (ITI), Diploma, M Phil / Ph.D, B.Com, M.Com, MA, BBA/BBM, BCA, BEd, BSc, MCA, MEd, MSc, PG Diploma, 12th Pass (HSE), Vocational Training, BFA, BSW
Who can apply Freshers and Experienced (0 to 3 Years )
Hiring Process Face to Face Interview
Employment Type0
Job Id1099392
Job Category Diploma , Tech Support
Locality Address
State Maharashtra
Country India
About Company
BNP Paribas
Jobs By Location
Mumbai
Delhi
Pune
Bangalore
Chennai
Kolkata
Hyderabad
Ahmedabad
Gurgaon
Noida
Others also searched for
Job & career videos Subscribe