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.

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 specialised 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

Commitment to Diversity and Inclusion

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.

About Business line/Function:

Securities lending Function:

• Temporarily transfers of title of the security (Loan) and associated rights and privileges.
• Lender has the Right to recall the security.
• Lender receives collateral from the borrower, valued higher than the value of the lent securities. 
• The margin levels are “marked-to-market,” to ensure that the loan is sufficiently collateralized on all times.
• Pre-negotiated fee is charged by the Lender on the borrower for each loan till the loans are closed.

Job Title:

Assistant Vice President - Securities Lending Operations

Date:

 2025

Department:

Security Lending

Location:

Chennai

Business Line / Function:

Securities Lending - MFS 

Reports to:

(Direct)

Head of Security Lending Operations

Grade: 

(if applicable)

 NA

(Functional)

 -

Number of Direct Reports:

NA

Directorship / Registration:

NA

Position Purpose

The AVP Individual Contributor - Security Lending operations will be responsible to handle securities and cash transactions for various products (Repo, Securities lending, triparty, etc.) for BNP SA's own account at Securities Services or as an agent; the treasury department is in charge of managing the cash of Securities services linked to the security, cash or/and custody and the OTC activity is an outsourcing of services for external clients.

Responsibilities

Direct Responsibilities

As part of an MFS Control and certification team, be in charge for the FCS and Agency lending, Operational Treasury, Forex and TPA, carrying out controls and certification of activities.

The tasks will consist of:

·       Carry out reconciliations on balance sheet and off-balance sheet accounts, guarantees (monthly and daily), justifications (with Finance teams) and accounting corrections using group reconciliation/justification tools (Ambre, Onyx, Concorde), develop activity KPIs.

·       Monitor and control the accounting systems (of which  will be guarantor of the control for the securities and cash aspect through the group's accounting tools), and the resolution of discrepancies, and management (Calypso, Alena, HFT, etc.), as well as the processes (Candiate will in particular be guarantor of the risk linked to the monitoring of operational processes, monitoring of prices, rates, etc.).

·       Candidate will also carry out certification tasks (Beacon, Just certificates), support management (Reporting, invoicing of agents, organization and animation of meetings to follow up on outstanding issues, monitoring of incidents, procedures, response to the operations manager, Birdie, etc.) and will monitor cross-functional projects between departments (Audit, Combo tool support, CSDR, new products, etc.).

·       Candidate will have to understand the back office systems linked to Candidate activity, as well as the accounting systems, but also know the lending, treasury, TPA and FX.

·       Candidate will contribute to the good flow of information by being versatile and ensuring follow-up of detected anomalies, by ensuring effective back-up and by sharing their knowledge and know-how, by training new arrivals, by informing/reporting for resolution all problems inherent to processing which may create a risk for the bank, setting up activity reporting (KPI, Orus, checklist), and responding fluidly to requests.

·       Candidate will contribute to improving the service (by being a source of proposals for system developments, by participating in strengthening links between teams, by adapting to changes, by updating and creating operational procedures/modes of operation relating to the activity, by undertaking with full knowledge of the risks, by being autonomous and efficient.)

Technical & Behavioral Competencies

·       Good knowledge of Finance, Financial accounting, financial analysis and Reconciliation

·       Good on working Microsoft Excel and Microsoft PowerPoint.

·       Demonstrate SME and leadership skills through role model behaviors and professionalism.

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

·       Ability to develop and cultivate relationships across all staff levels. 

·       Demonstrate integrity with data, colleagues and Stakeholders

·       Ability to organize, prioritize tasks and work in a deadline-oriented environment. 

·       Ability to work under pressure and communicate well, being accurate and concise, ability to deliver to tight and demanding deadlines

·       Generate creative solutions to problems, Ability to plan work ahead and to prioritize workload in an organized manner. 

·       Must be able to demonstrate a strong Risk and Control mindset

Specific Qualifications (if required)

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to deliver / Results driven

Communication skills - oral & written

Organizational skills

Personal Impact / Ability to influence

Transversal Skills: (Please select up to 5 skills)

Ability to develop and adapt a process 

Ability to develop others & improve their skills

Ability to develop and leverage networks

Ability to understand, explain and support change

Ability to inspire others & generate people's commitment

Education Level: 

 Bachelor Degree or equivalent

Experience Level

At least 12 years

Other/Specific Qualifications (if required)

Key Requirements

·       Graduation from a recognized University, preferably a Master’s degree in Commerce or MBA (Finance)

·       Candidate should have minimum of 12 years of overall experience in capital market operations preferably 6 – 8 yrs in Securities Lending experience or reconciliation, accounting and Technical understanding of the application flow.