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.

About Business line/Function:

Global Market Securities Settlements team ensures that Security transactions (Bonds, Equities, Complex Securities, ETF, SLAB, Repo..) and positions registered in the books under CIB ITO’s mandate, match the commitment actually taken with counterparties within a secure setup, in accordance with Group and Regulatory Policies and/or contractual agreements.

Within the Securities Settlement Department, the main processes include pre & post settlement activities, clearing, and event-related accounting for securities deemed in scope.

Job Title:

Senior Associate

Date:

2025

Department:

Brokerage Fee Shared Services

Location:

Bengaluru

Business Line / Function:

Derivatives Execution & Clearing Operations

Reports to:

(Direct)

Assistant Manager

Grade:

(if applicable)

NA

(Functional)

Number of Direct Reports:

NA

Directorship / Registration:

NA

Position Purpose

The Fee Payables Officer is in charge of the computation, monitoring, reconciliation and payment of invoices concerning several types of commissions, while managing and supporting various stakeholders.

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

Control of received invoices content, recording and maintenance of invoice data into internal system.▪ Compare invoice data with current contracting conditions - calculation of fees/commissions, validation of the amounts and, in case of discrepancies, perform an investigation to identify the root cause and find a proper resolution.▪ Monitor and follow-up discrepancies with the different service providers.▪ Take or request actions by liaising with relevant departments to solve pending issues (Front Office, Middle Office, Finance, Procurement, Accounting Controls, and others).▪ Manage the relations with the external stakeholders, like brokers, depositaries, and custodians.▪ Issuance of payments and ensure that invoices are paid in a timely manner.▪ Control of financial/accounting breaks.▪ Reporting to Front Office and Middle Office.

Risk control

• Monitor activity progress against the goals and take appropriate corrective action as and when it is required
• Control and ensure that all tasks are processed accurately and on a timely manner
• Identify risk, suggest implementation of a first level of control.

Responsibilities

• Deal with Business Managers and brokers issues escalated by the team and share it with the management when appropriate
• Collaborate /Liaise with other BNPP teams/stakeholders.
• Ensure that procedures are updated and validated on a timely manner
• Perform and updated the status of the assigned tasks in the daily task checklist.
• Breaks analysis and dispute resolution

Technical & Behavioral Competencies

Reconciliations - 

• 
  
  • Strong Communication skills required for an effective liaison with counterparties and internal stakeholders to the reconciliation process.
  • Knowledge of Fixed Income (Bonds/FX/Swaps), Global Equity Derivates
  • Flexibility to accommodate business requirements and working hours.
  • Ability to use Excel at an intermediate level - essential
  • Excellent numerical and analytical skills - essential
  • Ability to analyse large volumes of data
  • High attention to detail and quality focused
• Be comfortable with escalation and managing issues as they arise
• Forward thinking and proactive with the ability to question process
• Ability to work under pressure
• Team Player

Specific Qualifications (if required)

• Bachelor’s degree from a college or university
• Strong Communication skills and client focus oriented
• Fundamental understanding of clearing /Futures & Options markets.
• Knowledge of all Microsoft Office applications (Excel, Word, PowerPoint, Access)

 Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Attention to detail / rigor

Organizational skills

Personal Impact / Ability to influence

Critical thinking

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

Ability to develop and leverage networks

Ability to understand, explain and support change

Choose an item.

Education Level:

Bachelor Degree or equivalent

Experience Level

4-7 years

Other/Specific Qualifications (if required)

NA